Chris Christie Among Lawyers Making $15 Million in 1MDB Pact

Number of Kids Watching Online Videos Soars: Survey

The number of young Americans watching online videos every day has more than doubled, according to survey findings released Tuesday. They’re glued to them for nearly an hour a day, twice as long as they were four years ago. And often, the survey found, they’re seeing the videos on services such as YouTube that are supposedly off-limits to children younger than age 13. “It really is the air they breathe,” said Michael Robb, senior director of research for Common Sense Media, the nonprofit organization that issued the report. The group tracks young people’s tech habits and offers guidance for parents. The survey of American youth included the responses of 1,677 young people ages 8 to 18. Among other things, it found that 56 percent of 8- to 12-year-olds and 69…

The biggest recovery ever from an American anti-corruption crackdown is proving lucrative for former New Jersey Governor Chris Christie.

A major deal struck by the U.S. for fugitive financier Jho Low to give up almost $1 billion in assets allegedly stolen from a Malaysian investment fund comes with a provision to pay his lawyers. As part of the 1MDB settlement, the Justice Department allowed for $15 million to be paid to a group advising Jho Low, including the law firm Christie set up after two terms as New Jersey’s governor.

Those proceeds will come from Jho Low’s stake in EMI Music Publishing, which has grown to about $415 million. That investment ballooned after he initially put in a little more than $100 million stolen from 1MDB, according to prosecutors. The two sides agreed to the provision to allow the lawyers to extract fees from Low, whose assets and accounts have been seized or monitored by authorities across the world.

We were pleased to help negotiate this historic resolution in order to preserve the tremendous value of assets involved,” Christie said in a statement after the Justice Department announced the settlement agreement Oct. 30. It still needs approval from a federal judge.

Christie, who ran for the Republican presidential nomination in 2016 before dropping out and endorsing Donald Trump, set up his own law firm last year, the Christie Law Firm LLC. The other firms that will receive the proceeds of the 1MDB deal for legal expenses are Kobre & Kim LLP and Lowenstein Sandler LLP.

The agreement comes even before the criminal charges against Low have been resolved. In the settlement, the Justice Department cautioned that the released funds should be used only for the Low family’s legal fees and costs related to the lawsuits, and can’t be routed back to Low or his family.

The cases were resolved in a “collaborative and fairway that includes payment of our legal fees,” said Robin Rathmell, a lawyer at Kobre & Kim.

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Pompeo Says US Must Confront China’s Communist Party

WASHINGTON—U.S. Secretary of State Mike Pompeo on Oct. 30 stepped up recent U.S. rhetoric targeting China’s ruling Communist Party, saying Beijing was focused on international domination and needed to be confronted. Pompeo made the remarks even as the Trump administration said it still expected to sign the first phase of a deal to end a trade war with China next month, despite Chile’s withdrawal on Wednesday as the host of an APEC summit where U.S. officials had hoped this would happen. Pompeo said the United States had long cherished its friendship with the Chinese people, adding the Communist government was not the same thing as the people of China. “They are reaching for and using methods that have created challenges for the United States and for the world and we…