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Trump’s DOJ ‘quietly assuring allies’ to expect slush fund payouts

Justice Department insists the fund is ‘not moving forward’ but officials are reportedly telling allies another story

Bonus Facebook settlement payments are going out, but people aren't impressed

People's payouts have turned out to be much smaller than the impressive $725 million fund. A lot smaller.

High Court bombshell could force Albanese government to pay compensation to foreign-born criminals

The Albanese government could face massive compensation payouts to foreign-born criminals who were held in indefinite immigration detention after a landmark High Court ruling.

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdog Business live – latest updates The City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payouts, while piling £6bn of extra costs on to lenders. Bosses at the Financial Conduct Authority (FCA), who have consistently hit out at lenders and a consumer claims group for challenging its scheme, told MPs the scandal could affect lenders for years, and have “consequences” by stretching its resources. Continue reading...

Some Republicans say Trump should close the door on paying out Jan. 6 rioters

Both parties criticized President Donald Trump for leaving the door open to taxpayer payouts for rioters who assaulted police officers on Jan. 6 in a “Meet the Press” interview.

Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row

Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin Money Nationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a year earlier. It pushed her overall pay packet to £4.7m for the year to March 2026, marking an 88% jump on the near-£2.5m she earned for the previous year. Continue reading...

Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303

The government on Monday announced an offer for sale (OFS) in state-run NLC India, seeking to divest up to 3% of its stake through a two-day share sale process. The OFS comprises a base offer of 2% equity, equivalent to 2.78 crore shares, along with a greenshoe option of another 1% stake, or 1.39 crore shares, in case of strong investor demand.The government has fixed the floor price at Rs 303 per share, a discount to the stock's previous closing price. Based on the floor price, the government stands to raise about Rs 842 crore through the base offer. If the greenshoe option is fully exercised, the total issue size could increase to around Rs 1,263 crore.The OFS will open for non-retail investors on June 9, while retail investors and eligible employees can bid on June 10. The share sale will be conducted through a separate window mechanism on the BSE and NSE in line with Sebi's OFS framework.The transaction forms part of the government's broader disinvestment programme and comes amid a strong run in PSU stocks over the past few years.NLC India, formerly known as Neyveli Lignite Corporation, is one of India's leading mining and power generation companies. The company operates lignite mines and thermal power stations while also expanding its renewable energy portfolio.The PSU has emerged as a beneficiary of India's rising power demand and the government's focus on energy security. In recent years, the company has diversified beyond lignite mining into solar and other renewable energy projects as part of its long-term growth strategy.The government highlighted NLC India's strong operational and financial performance while announcing the OFS, describing the company as a long-term investment opportunity supported by consistent profitability and dividend payouts.NLC India has maintained a track record of returning cash to shareholders through regular dividends and has benefited from improving plant performance, higher power generation and growth in mining operations.The OFS comes at a time when institutional and retail participation in government stake sales has remained healthy, particularly in profitable PSUs with stable cash flows and attractive dividend yields.Investors will now watch subscription levels closely to gauge demand for the issue, especially given the government's decision to keep a greenshoe option that allows it to sell an additional 1% stake if the offer is oversubscribed.

DOJ has other routes to payouts beyond Trump ‘anti-weaponization’ fund

The promised end of President Trump’s “anti-weaponization” fund won’t necessarily stop the Department of Justice (DOJ) from making payouts to those who argue they’ve been wronged by the government and who are instead eyeing new pathways to access federal money. After acting Attorney General Todd Blanche said the controversial fund would “not be moving forward,” Sen. Lindsey...

Trump still hopes to revive $1.8B ‘weaponization fund’ and will be ‘disappointed’ if Republicans fail to approve it

Trump urges lawmakers to pass payouts for allies after demand nearly derailed ICE funding legislation

Trump doesn’t rule out giving Jan. 6 rioters who attacked police ‘anti-weaponization’ fund payouts

President Donald Trump did not rule out the government paying people who were charged with assaulting police officers during the Jan. 6 attack on the U.S.

LIC hunts for long-duration assets to match payouts

535 Rajasthan farmers die of pesticide exposure in 2 years

Rajasthan's fields have become deadly, with 535 farmer deaths from pesticide exposure in two years. Despite Rs 5.1 crore in compensation, stark disparities in payouts and 189 substandard pesticide samples highlight severe safety failures. Authorities are urged to implement stricter regulations and comprehensive safety programs to prevent further tragedies.

I found my cousin nearly $30,000 in ‘lost’ money. Then I discovered who was holding it

State governments hold over $100 billion in unclaimed property from forgotten tax refunds, old paychecks and insurance payouts, keeping owners in the dark.

Second Facebook privacy settlement payment is coming soon

The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.

Senate Republicans narrowly block bid to bar Trump’s $1.8bn fund to pay allies

Three GOP senators join Democrats as dispute over proposed payouts exposes party divisions US politics live – latest updates Senate Republicans on Thursday narrowly scuttled an attempt by Democrats to stop Donald Trump from creating a $1.8bn fund to pay his allies, even as signs emerged that dissent over the proposal was spreading inside the US president’s own party. Democratic Senate minority leader Chuck Schumer had proposed inserting language barring the payouts into Republican-backed legislation to fund Trump’s mass deportation campaign through the duration of his term. Continue reading...

Cassidy, Booker urge judge to block weaponization fund

Sens. Bill Cassidy (R-La.) and Cory Booker (D-N.J.) urged a federal judge on Thursday to block the Trump administration’s nearly $1.8 billion “anti-weaponization” fund, joining the legal fight against the payouts even as the administration pulls back on the idea. “The Anti-Weaponization Fund presents an immediate and dire threat to our constitutional order and...

Here’s why California’s gas-tax insanity keeps getting worse

California’s latest gas-tax hike lands as voters this week rejected a range of local tax-hike measures statewide, including, apparently, in LA County, San Diego, San Francisco and Riverside. State residents are sick of paying ever-higher prices for shoddy government services, payouts to Dem-adjacent unions and nonprofit groups and the climate fever dreams of the left....

Jan. 6 defendants still eyeing payouts, despite scrapped $1.8B fund

Despite the DOJ saying it is scrapping plans to launch a $1.8 billion "Anti-Weaponization Fund," many Jan. 6 defendants are still eying payouts using other legal paths.

Global Dairy Trade auction: Prices fall 0.6% at start of new season

Whole milk powder, which influences dairy farmer payouts in NZ, fell 2.2%.

Meet the woke activists fired for mocking Charlie Kirk murder who are now laughing all the way to the bank after winning enormous free speech payouts

The conservative activist's death sparked an uproar across the country, with one group mourning him, and another rejoicing over his passing on September 10, 2025