WASHINGTON (AP) – The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump’s firings of the heads of independent federal agencies with one important exception: the Federal Reserve.

NEW YORK (AP) – A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars.

NEW YORK (AP) – Hollywood writer-director Carl Rinsch was sentenced Monday to 2 1/2 years in prison after being convicted of defrauding Netflix out of $11 million for a never-finished sci-fi series. Supporters including Keanu Reeves had asked the court to show him leniency.

Excerpts from recent editorials in the United States and abroad:

MELBOURNE, Australia (AP) – Australia plans to double potential fines for social media platforms, including Facebook and Instagram, who fail to prevent Australian children from holding accounts as critics argue the world-first ban on under-16s was failing.

Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry.

NEW YORK (AP) – Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent – and a new name.

KYIV, Ukraine (AP) – Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south, as President Vladimir Putin acknowledged for the first time on Sunday that the country was facing a “certain deficit” of fuel and vowed to strengthen protection of oil facilities and boost fuel output.