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Man pleads not guilty to sparking deadly Palisades Fire in Los Angeles
Bankruptcy | 2025/10/25 16:19
A 29-year-old man accused of sparking the deadly Palisades Fire, one of the most destructive wildfires in California history, pleaded not guilty Thursday to federal charges.

Jonathan Rinderknecht appeared in federal court Thursday afternoon after arriving in Los Angeles from Florida earlier in the day, his attorney Steve Haney said. A judge ordered that he remain in custody ahead of his trial.

Federal officials said Rinderknecht, who lived in the area, started a small fire on New Year’s Day that smoldered underground before reigniting nearly a week later and roaring through Pacific Palisades, home to many of Los Angeles’ rich and famous.

The fire, which left 12 dead in the hillside neighborhoods across Pacific Palisades and Malibu, was one of two blazes that broke out on Jan. 7, killing more than 30 people in all and destroying over 17,000 homes and buildings while burning for days in Los Angeles County.

Haney told the judge he took issue with the fact that Rinderknecht was facing charges for the Palisades Fire when he allegedly started the smaller fire beforehand known as the Lachman Fire.

“My client is being charged with a fire that started seven days after,” he said.

Rinderknecht was staying at his sister’s house in Orlando when he was arrested by federal officials on Oct. 7. He made his first court appearance the next day in Florida on a charge of malicious destruction by means of a fire.

A week later, a grand jury indicted him on additional charges including one count of arson affecting property used in interstate commerce, and one count of timber set afire. If convicted, he would face up to 20 years in federal prison.

Rinderknecht’s trial is set for December 16.

On Thursday, he appeared before U.S. Magistrate Judge Rozella Oliver wearing a white jumpsuit. His attorney argued that he should be released on bail, based on the evaluation of court officials in Florida.

Rinderknecht has no documented history of mental health issues, drug use, or prior criminal activity, Haney said.

However, the judge in Florida who ordered Rinderknecht to be detained said he had concerns about the Rinderknecht’s mental health and his ability to get to California for future court hearings.

He appeared agitated when the judge in Los Anglees again ordered that he remain in jail, interjecting into the microphone, “Can I actually say something about detainment?”

Haney said they planned to return to the judge with additional evidence for why Rinderknecht should be released on bail.

“He’s a frustrated young man,” Haney said after the hearing. “He doesn’t know why he’s in jail right now.”

Haney said they plan to argue that even if Rinderknecht was the cause of the initial smaller fire on New Year’s Day, there were several “intervening factors” in the week between that day and when the Palisades Fire ignited, mainly the Los Angeles Fire Department.

Rinderknecht made several 911 calls to report the fire, according to a criminal complaint. Federal officials called the Palisades blaze a “holdover fire” from the Jan. 1 fire, which was not fully extinguished by firefighters, the complaint said.

The city’s interim fire chief said such fires linger in root systems and can reach depths of 15 to 20 feet (4.6 to over 6 meters), making them undetectable by thermal imaging cameras.

“They had a duty to put the fire out,” Haney said. “I do think he’s a scapegoat.”



US and Australia sign critical-minerals agreement as a way to counter China
Business | 2025/10/20 16:19
President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources at a time when China is imposing tougher rules on exporting its own critical minerals abroad.

The two leaders described the agreement as an $8.5 billion deal between the allies. Trump said it had been negotiated over several months.

“In about a year from now we’ll have so much critical mineral and rare earth that you won’t know what to do with them,” said Trump, a Republican, boasting about the deal. “They’ll be worth $2.”

Albanese added that the agreement takes the U.S.-Australia relationship “to the next level.”

Earlier this month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials that originated from China or were produced with Chinese technology. The Trump administration says this gives China broad power over the global economy by controlling the tech supply chain.

“Australia is really, really going to be helpful in the effort to take the global economy and make it less risky, less exposed to the kind of rare earth extortion that we’re seeing from the Chinese,” Kevin Hassett, the director of the White House’s National Economic Council, told reporters Monday morning ahead of Trump’s meeting with Albanese.

Hassett noted that Australia has one of the best mining economies in the world, while praising its refiners and its abundance of rare earth resources. Among the Australian officials accompanying Albanese are ministers overseeing resources and industry and science, and Australia has dozens of critical minerals sought by the U.S. because they are needed in everything from fighter jets and electric vehicles to laptops and phones.

The agreement could have an immediate impact on rare earth supplies in the United States if American companies can secure some of what Australian mines are already producing, although it will take years — if not decades — to develop enough of a supply of rare earths outside of China to reduce its dominance.

Pini Althaus, who founded USA Rare Earth back in 2019 and is now working to develop new mines in Kazakhstan and Uzbekistan as CEO of Cove Capital, said it will be crucial that the contracts to buy materials from Australian mines include price floors, similar to what the U.S. government promised MP Materials this summer, to protect against China manipulating prices.

For decades, China has used the tactic of dumping excess critical minerals onto the market to drive prices down to force mining companies in the rest of the world out of business to eliminate any competition.

“I think taking away that arrow in the quiver of China to manipulate pricing is an absolute crucial first step in Australia and the West being able to develop critical minerals projects to meet our supply chain demands,” said Althaus, who has spent nearly a quarter-century in the mining business.

The agreement underscores how the U.S. is using its global allies to counter China, especially as it weaponizes its traditional dominance in rare earth materials. Top Trump officials have used the tactics from Beijing as a rallying cry for the U.S. and its allies to work together to try to minimize China’s influence.


Trump threatens to pull support for Argentina if its politics move leftward
Current Cases | 2025/10/15 07:39
President Donald Trump on Tuesday threatened to pull assistance for Argentina — led by a political kindred spirit whose philosophy is similar to that of the Republican administration — if the nation’s internal politics don’t align with his interests in upcoming elections.

The comments came during a meeting with Argentine President Javier Milei, whose country is set to hold midterm elections for its legislative body later this month. U.S. presidents typically do not weigh in on the candidates in other countries’ democratic elections.

Referring to an opponent who was “extremely far-left” and encompassed a “philosophy that got Argentina into this problem in the first place,” Trump warned that the United States wouldn’t “waste our time” with largesse toward Buenos Aires if Milei does not prevail. In addition to the midterms that will be a referendum on his policies, Milei himself is up for reelection in 2027.

“We’re not going to let somebody get into office and squander the taxpayer money from this country. I’m not gonna let it happen,” Trump said from the Cabinet Room as he prepared to eat lunch with Milei. “If he loses, we are not going to be generous with Argentina.”

Even so, Trump insisted that the $20 billion assistance to Argentina, which administration officials strenuously deny is a bailout, was about helping “our neighbors” rather than any ties to the upcoming midterms.

“It’s just helping a great philosophy take over a great country,” the U.S. president said. “Argentina is one of the most beautiful countries that I’ve ever seen, and we want to see it succeed. It’s very simple.”

U.S. Treasury Secretary Scott Bessent added that the administration believed Milei’s coalition in the upcoming midterms would “do quite well and continue his reform agenda.”

As he opened his lunch with Milei, Trump noted that the Argentine president, who is an economist by trade, is “MAGA all the way.” That traditionally refers to his campaign slogan, “Make America Great Again,” but this time, it also meant “Make Argentina Great Again.”

Trump’s meeting with Milei was already making waves back in Argentina, with Cristina Fernandez de Kirchner, leader of the left-leaning Peronist opposition and a two-term former president, writing on social media: “Trump to Milei: ´Our agreements are subject to whoever wins election´. Argentines ... you know what to do!”

The former president is serving a six-year sentence under house arrest since June for corruption, but she remains the most influential leader of Peronism, an ideologically flexible, labor rights-focused populist movement, which emerged in the 1940s and dominated politics for decades.

Ahead of his White House meeting and during it Milei lavished praise on Trump, deploying a tactic that has helped transform Milei’s cash-strapped country into one of the Trump administration’s closest allies.

In the days that followed, Argentine Economy Minister Luis Caputo spent hours in meetings in Washington trying to seal the deal.

Reassurance came last Thursday, when Bessent announced that the U.S. would allow Argentina to exchange up to $20 billion worth of pesos for an equal sum in dollars. Saying that the success of Milei’s program was “of systemic importance,” Bessent added that the U.S. Treasury directly purchased an unspecified amount of pesos.

For the Trump administration, the timing was awkward as it struggles to manage the optics of bailing out a nine-time serial defaulter in the middle of a U.S. government shutdown that has led to mass layoffs. Democratic lawmakers and other critics have slammed it as an example of Trump rewarding loyalists at the expense of American taxpayers.

Later Thursday, Sen. Elizabeth Warren of Massachusetts — who was singled out during the White House meeting by both Bessent and Trump — tried to advance a bill that would block the $20 billion in U.S. assistance, but the gambit failed in the Republican-controlled Senate.

Another topic that had been on the agenda was the Stargate project, which would expand a network of massive artificial intelligence centers to Latin America, according to a person with knowledge of the plans who was granted anonymity to speak about private discussions.

Argentina could be home to Latin America’s first Stargate, which is a joint initiative from OpenAI, Oracle and SoftBank that will build a network of big data centers that would power OpenAI’s artificial intelligence technology. It’s an initiative that’s been championed by Trump himself.

Milei also joined a ceremony at the White House honoring Charlie Kirk, the prominent right-wing political activist who was fatally shot last month. Milei often crossed paths with Kirk on the speaking circuit of the ascendant global right.

There has been no word on how Argentina, the IMF’s largest debtor, will end up paying the U.S. back for this $20 billion, which comes on top of IMF’s own loan for the same amount in April. And that one came on top of an earlier IMF loan for $40 billion.

Despite all the help, Milei’s government already missed the IMF’s early targets for rebuilding currency reserves.

“The U.S. should be concerned that Argentina has had to return for $20 billion so quickly after getting $14 billion upfront from the IMF,” said Brad Setser, a former Treasury official now at the Council on Foreign Relations.




Luigi Mangione’s lawyers seek dismissal of federal charges in assassination
Breaking Legal News | 2025/10/13 21:19
Lawyers for Luigi Mangione asked a New York federal judge Saturday to dismiss some criminal charges, including the only count for which he could face the death penalty, from a federal indictment brought against him in the December assassination of UnitedHealthcare’s chief executive.

In papers filed in Manhattan federal court, the lawyers said prosecutors should also be prevented from using at trial his statements to law enforcement officers and his backpack where a gun and ammunition were found.

They said Mangione was not read his rights before he was questioned by law enforcement officers, who arrested him after Brian Thompson was fatally shot as he arrived at a Manhattan hotel for an investor conference.

They added that officers did not obtain a warrant before searching Mangione’s backpack.

Mangione, 27, has pleaded not guilty to state and federal charges in the fatal shooting of Brian Thompson on Dec. 4 as he arrived at a Manhattan hotel for his company’s annual investor conference.

The killing set off a multi-state search after the suspected shooter slipped away from the scene and rode a bike to Central Park, before taking a taxi to a bus depot that offers service to several nearby states.

Five days later, a tip from a McDonald’s about 233 miles (375 kilometers) away in Altoona, Pennsylvania, led police to arrest Mangione. He has been held without bail since then.

In their submission, defense lawyers provided a minute-by-minute description of how police officers apprehended a cooperative Mangione, including a photograph from a police body-worn camera of the suspect initially sitting alone at a table with a white mask covering nearly all of his face.

They said Mangione was first approached by two “fully armed” police officers when one of them “told Mr. Mangione that someone had called the police because they thought he was suspicious” after he’d been there about 40 minutes.

When the officers asked to see his identification, Mangione turned over a New Jersey driver’s license with someone else’s name, according to the filing.

As Mangione prepared to eat his food, the officers asked him to stand up with his hands atop his head so they could frisk him, the lawyers wrote.

Soon afterward, one of the officers went outside to summon more officers, telling a colleague he was “100 percent” convinced that Mangione was the suspect they were looking for, the lawyers said. Within minutes, nearly a half dozen additional officer arrived.

Last month, lawyers for Mangione asked that his federal charges be dismissed and the death penalty be taken off the table as a result of public comments by U.S. Attorney General Pam Bondi. In April, Bondi directed prosecutors in New York to seek the death penalty, calling the killing of Thompson a “premeditated, cold-blooded assassination that shocked America.”

Murder cases are usually tried in state courts, but prosecutors have also charged Mangione under a federal law on murders committed with firearms as part of other “crimes of violence.” It’s the only charge for which Mangione could face the death penalty, since it’s not used in New York state.

The papers filed early Saturday morning argued that this charge should be dismissed because prosecutors have failed to identify the other offenses that would be required to convict him, saying that the alleged other crime — stalking — is not a crime of violence.

The assassination and its aftermath have captured the American imagination, setting off a cascade of resentment and online vitriol toward U.S. health insurers while rattling corporate executives concerned about security.

After the killing, investigators found the words “delay,” “deny” and “depose,” written in permanent marker on ammunition at the scene. The words mimic a phrase used by insurance industry critics.


Madagascar’s president flees after soldiers turned against him
Corporate Governance | 2025/10/10 21:19
Madagascar President Andry Rajoelina left the country after an elite military unit turned against the government in an apparent coup that followed weeks of youth-led protests, an opposition lawmaker in the Indian Ocean country said Monday.

The lawmaker’s comments came shortly before Rajoelina was due to appear on national television and radio to make a speech to the people of Madagascar. The president’s office said his speech was scheduled to be broadcast at 7 p.m. local time (1600 GMT), but was delayed after a group of soldiers attempted to take over the state broadcaster.

His office didn’t say if he was still in Madagascar amid reports he had fled on Sunday on a French military plane.

The anti-government protests, which were initially led by Gen-Z demonstrators, began on Sept. 25 but reached a turning point on Saturday when soldiers from the elite CAPSAT military unit accompanied protesters to a square in the capital, Antananarivo, and called for Rajoelina and several government ministers to step down.

The unit, which helped Rajoelina first come to power as transitional leader in a military-backed coup in 2009, said that it had taken charge of all the armed forces in Madagascar.

Siteny Randrianasoloniaiko, the leader of the opposition in parliament, said that Rajoelina “ran away” from the country after soldiers turned against him.

Rajoelina’s office had said Sunday that “an attempt to seize power illegally and by force” was underway in the nation of 31 million off the east coast of Africa. He has not appeared in public since the revolt by soldiers and his current whereabouts are unknown.  A spokesperson for the president didn’t respond to phone calls and messages.

Following a report that France had flown Rajoelina and his family out of Madagascar on one of its military planes, French Foreign Ministry spokesperson Pascal Confavreux declined to comment.

Madagascar is a former French colony. Rajoelina reportedly has French citizenship, a source of discontent among Madagascans.

Madagascar’s former prime minister under Rajoelina and one of the president’s closest advisors had left the country and arrived in the nearby island of Mauritius in the predawn hours of Sunday, the Mauritian government said, adding it was “not satisfied” that the private plane had landed on its territory.

Rajoelina hasn’t identified who was behind the attempted coup, but the CAPSAT military unit appeared to be in a position of authority and on Sunday appointed a general as the new head of Madagascar’s armed forces, which was accepted by the defense minister.

A commander of CAPSAT, Col. Michael Randrianirina, said that his soldiers had exchanged gunfire with security forces who were attempting to quell weekend protests, and one of his soldiers was killed. But there was no major fighting on the streets, and soldiers riding on armored vehicles and waving Madagascar flags were cheered by people in Antananarivo.

Randrianirina said that the army had “responded to the people’s calls,” but denied there was a coup. Speaking at the country’s military headquarters on Sunday, he told reporters that it was up to the Madagascan people to decide what happens next, and if Rajoelina leaves power and a new election is held.

The U.S. Embassy in Madagascar advised American citizens to shelter in place because of a “highly volatile and unpredictable” situation. The African Union urged all parties, “both civilian and military, to exercise calm and restraint.”

Madagascar has been shaken by three weeks of the most significant unrest in years. The anti-government protests, which erupted over water and electricity outages, were led by a group calling itself “Gen Z Madagascar.” The United Nations says the demonstrations left at least 22 people dead and dozens injured. The government has disputed this number.

The protests snowballed into larger dissatisfaction with the government and the leadership of Rajoelina. The demonstrators have brought up a range of issues, including poverty and the cost of living, access to tertiary education, and alleged corruption and embezzlement of public funds by government officials, as well as their families and associates.


Mexico soccer star Omar Bravo arrested on suspicion of child sexual abuse
Corporate Governance | 2025/10/06 20:26
Mexican authorities said they arrested former soccer player Omar Bravo, 45, on suspicion of child sexual abuse.

The Jalisco state prosecutor’s office said in a statement that investigations indicate Bravo allegedly abused a teenage girl on several occasions in recent months and may have committed similar acts before.

He was arrested during an operation in the municipality of Zapopan and was expected to appear in court soon.

Bravo rose to fame playing as a forward for Chivas de Guadalajara, where he became the club’s all-time leading goal scorer. He also played for Mexico’s national team in the 2004 Athens Olympics and the 2006 World Cup in Germany.

The Associated Press could not immediately reach a lawyer for Bravo.

On Bravo’s Instagram account, fans commented on his latest post from Sept. 8, which made no reference to the accusations. Some expressed sadness, while others said he was their idol and hoped the allegations were not true.

The prosecutor’s office said it will continue its investigation.


Newsom signs bill granting Uber, Lyft drivers the right to unionize
Corporate Governance | 2025/10/01 20:24
More than 800,000 drivers for ride-hailing companies in California will soon be able to join a union and bargain collectively for better wages and benefits under a measure signed Friday by Gov. Gavin Newsom.

Supporters said the new law will open a path for the largest expansion of private sector collective bargaining rights in the state’s history. The legislation is a significant compromise in the yearslong battle between labor unions and tech companies.

California is the second state where Uber and Lyft drivers can unionize as independent contractors. Massachusetts voters passed a ballot referendum in November allowing unionization, while drivers in Illinois and Minnesota are pushing for similar rights.

Newsom announced the signing at an unrelated news conference at University of California, Berkeley. The new law will give drivers “dignity and a say about their future,” he said.

The new law is part of an agreement made in September between Newsom, state lawmakers and the Service Employees International Union, along with rideshare companies Uber and Lyft. In exchange, Newsom also signed a measure supported by Uber and Lyft to significantly cut the companies’ insurance requirements for accidents caused by underinsured drivers.

Uber and Lyft fares in California are consistently higher than in other parts of the U.S. because of insurance requirements, the companies say. Uber has said that nearly one-third of every ride fare in the state goes toward paying for state-mandated insurance.

Labor unions and tech companies have fought for years over drivers’ rights. In July of last year, the California Supreme Court ruled that app-based ride-hailing and delivery services like Uber and Lyft can continue treating their drivers as independent contractors not entitled to benefits like overtime pay, paid sick leave and unemployment insurance. A 2019 law mandated that Uber and Lyft provide drivers with benefits, but voters reversed it at the ballot in 2020.

The collective bargaining measure now allows rideshare workers in California to join a union while still being classified as independent contractors and requires gig companies to bargain in good faith. The new law doesn’t apply to drivers for delivery apps like DoorDash.

The insurance measure will reduce the coverage requirement for accidents caused by uninsured or underinsured drivers from $1 million to $60,000 per individual and $300,000 per accident.

The two measures “together represent a compromise that lowers costs for riders while creating stronger voices for drivers —demonstrating how industry, labor, and lawmakers can work together to deliver real solutions,” Ramona Prieto, head of public policy for California at Uber, said in a statement.

Rideshare Drivers United, a Los Angeles-based advocacy group of 20,000 drivers, said the collective bargaining law isn’t strong enough to give workers a fair contract. The group wanted to require the companies to report its data on pay to the state.

New York City drivers’ pay increased after the city started requiring the companies to report how much an average driver earns, the group said.

“Drivers really need the backing of the state to ensure that not only is a wage proposal actually going to help drivers, but that there is progress in drivers’ pay over the years,” said Nicole Moore, president of Rideshare Drivers United.

Other drivers said the legislation will provide more job safety and benefits.

Many who support unionization said they have faced a slew of issues, including being “deactivated” from their apps without an explanation or fair appeals process when a passenger complains.

“Drivers have had no way to fight back against the gig companies taking more and more of the passenger fare, or to challenge unfair deactivations that cost us our livelihoods,” Ana Barragan, a gig driver from Los Angeles, said in a statement. “We’ve worked long hours, faced disrespect, and had no voice, just silence on the other end of the app. But now, with the right to organize a strong, democratic union, I feel hope.”



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