Inside Trump’s Deal With the I.R.S. to Drop His $10 Billion Lawsuit

Time was running out. President Trump had sued the I.R.S. for $10 billion, and a federal judge was pressing the Justice Department to explain how it could muster an independent defense of the agency against the man who ultimately controlled it. Behind the scenes, the job of addressing the vexing problem of how to settle … Read more

Judge Reopens Trump’s Lawsuit Demanding $10 Billion From IRS

A federal judge in Miami made a striking turnabout on Friday, reopening President Trump’s $10 billion case against the I.R.S. and saying that she wanted to investigate “grievous allegations” that the hasty deal to resolve it was “premised on deception.” The ruling by the judge, Kathleen M. Williams, was a significant blow both to Mr. … Read more

Federal Judge Bars Trump From Immediately Setting Up $1.8 Billion Fund

A federal judge barred the government on Friday from taking steps to launch President Trump’s $1.8 billion fund, for now prohibiting the Trump administration from setting up the fund that is intended to pay people the administration finds were harmed by the federal government. The brief order by Judge Leonie M. Brinkema of the Federal … Read more

Judge temporarily blocks Justice Dept. work on $1.7+ billion

Washington — A federal judge temporarily blocked the Justice Department from moving forward with work on the new $1.7+ billion Anti-Weaponization Fund, including making any payouts. U.S. District Judge Leonie Brinkema said in a brief order dated Thursday that the temporary hold allows her time to consider whether to grant longer-term relief sought by a group … Read more

Caesars Entertainment, Las Vegas Strip icon, sold for nearly $6 billion

LAS VEGAS — Billionaire hospitality mogul Tilman Fertitta is acquiring Caesars Entertainment for almost $6 billion, a merger that would create one of the largest gaming empires. Caesars became an iconic name after the opening of Caesar’s Palace on the Las Vegas Strip in 1966. But its roots date back to the 1930s in Reno, … Read more

3M sued for record $1.4 billion by Australia over

Melbourne, Australia — Australia is suing U.S. conglomerate 3M for more than 2 billion Australian dollars ($1.4 billion) over so-called “forever chemical” contamination from firefighting foam at defense bases, the government said on Thursday. The government’s largest-ever claim for compensation relates to contamination with per- and polyfluoroaklyl substances, known as PFAS, at 28 bases. Human-made … Read more

$20 billion in tariff refunds paid so far, with more on the way

The Trump administration has refunded more than $20 billion so far in tariffs to importers and shippers, according to a court filing, after the Supreme Court struck down the cornerstone of President Donald Trump’s trade policy in February. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The administration … Read more

Trump doubles down on $1.8 billion ‘slush fund’ that killed his agenda, spurred Republican rebellion

NEWYou can now listen to Fox News articles! President Donald Trump isn’t backing down from his administration’s latest move that has blown up his agenda in Congress.  Trump on Friday stood by the newly created “anti-weaponization” fund that some Republicans have described as a slush fund launched by the Department of Justice (DOJ) earlier this … Read more

New site aims to track $12.5 billion in air traffic control system upgrades

Just as the TSA expects to screen more than 18 million flyers for Memorial Day weekend, the Department of Transportation is rolling out a new website tracking the $12.5 billion effort to modernize the nation’s air traffic control system. The Modern Skies website aims to highlight more than 10,000 projects underway nationwide and will include … Read more

Navy’s acting secretary says $14 billion Taiwan arms sale put on “pause” over Iran war

The acting secretary of the U.S. Navy said Thursday that arm sales to Taiwan had been put on “pause” to ensure that the American military had sufficient munitions for its Iran operations. Asked at a congressional hearing about the stalled $14 billion weapons purchase by Taiwan, Acting Secretary Hung Cao said that “right now we’re … Read more