The retaliatory measures followed Trump's controversial move to order the withdrawal of all U.S. troops from Syria's northern border with Turkey.Politicsread more
Bloomberg could be in for a showdown with Elizabeth Warren, whether he runs or not.2020 Electionsread more
As the season kicks into gear this week, S&P 500 firms are expected to report a 4.6% earnings decline over the same period a year agoEarningsread more
"I think that may have scared the Chinese that they were going to get into a serious trade war with access to our capital markets being cut off, among other things," Michael...China Politicsread more
David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Wall Street analysts estimate GM has lost more than $1 billion due to the United Auto Workers' strike, which began Sept. 16.Autosread more
Top financial companies will mark the unofficial start of earnings season with their reports this week, and experts are offering several recommendations for trading the moves.ETF Edgeread more
The indexes traded in a tight range as investors looked ahead to the start of the earnings season while grappling with new worries over trade.Marketsread more
The union that represents Southwest Airlines pilots don't expect the grounded Boeing 737 Max to return until at least February, about a month later than the airline expects.Airlinesread more
Check out the companies making headlines in midday trading:Market Insiderread more
A federal judge on Tuesday dropped one of the two criminal charges against President Barack Obama's White House counsel, Greg Craig, who is accused of lying about his work for Ukraine.
Judge Amy Berman Jackson dismissed a count of making false and misleading statements to the Department of Justice's Foreign Agents Registration Act, or FARA, unit.
The other charge of lying, brought under a separate but related law, will proceed to trial. Craig had argued that both counts should be dismissed. He had faced a maximum of five years in prison for each count.
Craig's legal team had no comment on the judge's decision. Craig's trial is set to begin next Monday.
The charges against Craig stemmed from the federal probe of Russian election interference, possible obstruction of justice by President Donald Trump and possible coordination between the Kremlin and Trump's campaign led by former special counsel Robert Mueller.
Craig, 74, was charged with lying to the special counsel's office about his work in 2012 and 2013 for the government of then-Ukraine President Viktor Yanukovich, during his time as a partner at law firm Skadden Arps. He was accused in Washington, D.C., District Court of making false statements to avoid registering as a foreign agent.
He also faced a count of making false statements and leaving out important information in a 2013 letter he sent to the FARA unit about that work.
But Jackson determined that, while she can "fairly square the plain language" of the FARA law's provision about lying, she determined that "that the legislature's clear intent cannot be discerned."
She concluded: "Given this ambiguity concerning the breadth of the provision and the documents to which it was intended to apply, the rule of lenity requires the dismissal of the count."
"This is a close question," Jackson wrote. "At the end of the day, one ends up with two equally plausible and supportable textual interpretations."
Given that ambiguity, Jackson wrote that she must dismiss the charge. The Supreme Court has held that ambiguous statutes should be interpreted in favor of the accused.
"The Court cannot overlook the fact that the Supreme Court has been steadfast in insisting upon clarity in the language of criminal statutes," she wrote.
The Justice Department declined to comment.
The charge Jackson dismissed was brought under a law that has rarely been used in recent years. The Justice Department's inspector general found in 2016 that in the five decades between 1966 and 2015, the DOJ brought only seven criminal FARA prosecutions.
But Mueller's inquiry led to a spike in those cases.
In one high-profile case, Trump's former national security advisor Michael Flynn pleaded guilty in 2017 to making false statements, including in documents filed in connection with FARA.
Trump's 2016 campaign chairman Paul Manafort and his longtime associate Richard Gates, who served as deputy chairman of the Donald Trump Inaugural Committee, both pleaded guilty to FARA violations, among other charges last year.
Mueller's grand jury also returned an indictment alleging 13 Russian nationals and three Russian companies violated FARA during the 2016 presidential campaign as part of a scheme to meddle in the election.
The special counsel's Russia probe found insufficient evidence to show a conspiracy between Trump's campaign and Russia during the 2016 election. Mueller declined to make a determination on whether Trump obstructed justice, though he listed numerous instances of possible obstruction in his 448-page report, which was made public with redactions in April. That decision was left to Attorney General William Barr and Deputy Attorney General Rod Rosenstein, who concluded that the report did not support an obstruction offense against Trump.
Read the judge's order to dismiss one of Craig's criminal counts: