Source: Sharecast
The US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook as a lawsuit she filed against Donald Trump over her firing makes its way through court. Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal, who first reported the investigation, which has since been confirmed by multiple news publications. - Guardian
Britain’s biggest wind farm operator is suing the US government after Donald Trump blocked its plans for a major project off the cost of New England. Ørsted, which is headquartered in Denmark, filed a legal claim at a court in Washington seeking to force US officials to allow it to finish a $1.5bn (£1.1bn) wind farm project near Rhode Island, which is almost complete. – Telegraph
Mike Lynch’s former right-hand man has paid $104m (£77m) to end a 10-year fraud battle over the sale of the British software giant Autonomy. Sushovan Hussain handed the nine-figure settlement to HP’s two successor companies, US stock exchange filings have revealed. – Telegraph
Alex Gerko, the British billionaire trader, is offering to pay students $35,000 a month for internships researching artificial intelligence at his New York office. Gerko’s XTX Markets, an algorithmic trading firm which uses machine learning technology to produce price forecasts for financial instruments, has published an advertisement for the internship, which lasts for 12 to 14 weeks. – The Times