October 19, 2017

U.S.

  • California Dept of Insurance estimates wildfires losses at $1.05 billion - October 19 2017 15:03

    California Dept of Insurance estimates wildfires losses at $1.05 billion(Reuters) - The California Department of Insurance said on Thursday its preliminary estimate for insured wildfire losses was $1.05 billion, based on claims received by the state's eight largest insurers, adding that the numbers are expected to rise.


  • Trump met Fed's Yellen in Fed chair search: White House official - October 19 2017 14:37

    Trump met Fed's Yellen in Fed chair search: White House officialU.S. President Donald Trump met on Thursday with Federal Reserve Chair Janet Yellen, a White House official said, as he considers whether to give Yellen a new term or nominate someone else. Yellen was the fifth of five people on the president's short list to get a formal sit-down with Trump as he considers whom to pick for Yellen's job when her current term expires in February. The others consist of his chief economic adviser, Gary Cohn, along with former Fed Governor Kevin Warsh, Fed Governor Jerome Powell and Stanford University economist John Taylor.


  • More Republican senators back bipartisan Obamacare deal - October 19 2017 14:34

    More Republican senators back bipartisan Obamacare dealA bipartisan deal to stabilize Obamacare by restoring billions of dollars of federal subsidies to health insurers picked up Republican support in the Senate on Thursday despite President Donald Trump's opposition, but still faced an uphill battle. Republican Senator Lamar Alexander and Democratic Senator Patty Murray unveiled legislation to shore up the insurance markets created under the 2010 healthcare law by reviving the subsidies, which Trump has discontinued, for two years to help lower-income Americans obtain medical coverage.


  • Two Republican senators seek to add flexibility to bipartisan health bill - October 19 2017 14:32

    Two Republican senators seek to add flexibility to bipartisan health billRepublican U.S. Senators Lindsey Graham and Bill Cassidy said on Thursday they were working with Republican Senator Ron Johnson and members of the House of Representatives to add more "flexibility provisions" to a proposed bipartisan bill to stabilize the healthcare insurance market in the short term. President Donald Trump said last week that he was discontinuing the subsidies.


  • Former Dean Foods chairman gets two years for insider trading scheme - October 19 2017 14:06

    Former Dean Foods chairman gets two years for insider trading schemeThomas Davis, a former chairman of dairy processing company Dean Foods Co, was sentenced on Thursday to two years in prison after pleading guilty to passing insider information to sports gambler William "Billy" Walters. Davis was sentenced by U.S. District Judge Kevin Castel in Manhattan, who also ordered him to pay about $8 million in restitution, according to Nicholas Biase, a spokesman for federal prosecutors.


  • Trump says he will work with Congress on more aid for Puerto Rico - October 19 2017 13:23

    Trump says he will work with Congress on more aid for Puerto RicoBy Roberta Rampton WASHINGTON (Reuters) - President Donald Trump said on Thursday he will work with the U.S. Congress to approve grants and loans to help rebuild Puerto Rico after it was devastated by Hurricane Maria a month ago. Already mired in debt after years of recession, the U.S. territory faces storm-related damages that some estimates have pegged as high as $95 billion, and has asked the federal government to make exceptions to rules that typically require states and local governments to shoulder part of the cost of recovery. Trump did not give any specifics about how much money the government may give or loan to the cash-strapped territory, home to 3.4 million U.S. citizens.


  • Protesters denounce white nationalist's speech at Florida university - October 19 2017 13:07

    Protesters denounce white nationalist's speech at Florida universityProtesters chanting "Go home Nazis" sought to drown out the speech by a white nationalist at the University of Florida on Thursday, as the campus erected barricades and deployed hundreds of police officers to guard against unrest. Richard Spencer's event at the university in Gainesville, which prompted the governor to declare a state of emergency to prepare for possible violence, comes about two months after rallies by neo-Nazis and white supremacists in Charlottesville, Virginia, led to a deadly clash with counter-protesters. The violence on Aug. 12 added fuel to a national debate on race, and Republican President Donald Trump came under fire for blaming both sides for the melee.


  • U.S. agency scraps unused telegraph regulations in Trump rules purge - October 19 2017 13:07

    U.S. agency scraps unused telegraph regulations in Trump rules purgeBy David Shepardson WASHINGTON (Reuters) - The U.S. government is scrapping rules on telegraphs even though carriers no longer exist, part of the Trump administration's effort to slash regulations, the Federal Communications Commission said on Thursday. The FCC said in a notice it was removing "outmoded regulations" on telegraphs effective in November to "further our goals of reducing regulatory burdens, eliminating unnecessary rule provisions, and making the agency as efficient and effective as possible." There are close to 1,000 pages of FCC media regulations alone. AT&T Inc, originally known as the American Telephone and Telegraph Company, in 2013 lamented the FCC's failure to formally stop enforcing some telegraph rules.


  • House committee postpones hearing on Puerto Rico - October 19 2017 13:01

    House committee postpones hearing on Puerto RicoNEW YORK (Reuters) - The U.S. House of Representatives Committee on Natural Resources, with oversight of Puerto Rico, on Thursday postponed until further notice a hearing on the island's recovery from Hurricane Maria and the role of a federally appointed oversight board. The spokesman for the committee said the hearing that had been planned for Oct. 24 would be rescheduled due to scheduling conflicts with witnesses. Earlier on Thursday, U.S. President Donald Trump said he would work with Congress to approve grants and loans to help rebuild Puerto Rico after last month's devastating hurricane. ...


  • In glyphosate review, WHO cancer agency edited out 'non-carcinogenic' findings - October 19 2017 12:29

    In glyphosate review, WHO cancer agency edited out 'non-carcinogenic' findingsBy Kate Kelland LONDON (Reuters) - The World Health Organization's cancer agency dismissed and edited findings from a draft of its review of the weedkiller glyphosate that were at odds with its final conclusion that the chemical probably causes cancer. Documents seen by Reuters show how a draft of a key section of the International Agency for Research on Cancer's (IARC) assessment of glyphosate - a report that has prompted international disputes and multi-million-dollar lawsuits - underwent significant changes and deletions before the report was finalised and made public. IARC, based in Lyon, France, wields huge influence as a semi-autonomous unit of the WHO, the United Nations health agency.


  • Conservative Republican tries to derail reappointment of Fed's Yellen - October 19 2017 10:12

    Conservative Republican tries to derail reappointment of Fed's YellenA member of the U.S. House of Representatives' Freedom Caucus is mounting a campaign to kill any chance of a second term for Federal Reserve Chair Janet Yellen, the latest sign conservative Republicans want a fresh face at the helm of the central bank. Republican President Donald Trump is expected to announce within a few weeks whether to reappoint Yellen to another four-year term. Other contenders for the job are top Trump economic adviser Gary Cohn, Fed Board Governor Jerome Powell, former Fed governor Kevin Warsh and Stanford University economics professor John Taylor.


  • California prepares for the 'big one' with earthquake drill - October 19 2017 03:10

    California prepares for the 'big one' with earthquake drillMillions of Californians were due on Thursday to simultaneously drop to the floor, clamber under tables and cover their heads for a minute or two of imagined seismic turmoil during the latest annual "Great ShakeOut" earthquake drill. The event, first held nine years ago in the Los Angeles area, was organized by scientists and emergency officials as part of a campaign to prepare the region's inhabitants for a catastrophic quake that experts say is inevitable and long overdue. The exercise has since expanded to encompass all of California and most other states, as well as some other countries, including Canada and Japan.


  • Trailers could house those displaced by fires in California wine country - October 18 2017 18:52

    Trailers could house those displaced by fires in California wine countryBy Dan Whitcomb and Alex Dobuzinskis LOS ANGELES (Reuters) - Residents of Northern California's wine country left homeless by the state's deadliest-ever wildfires could be temporarily housed in federal government trailers, officials said on Wednesday, as the death toll from the blazes rose to 42. Since erupting on Oct. 8 and 9, the blazes have blackened more than 245,000 acres, (86,200 hectares) and destroyed an estimated 4,600 homes along with wineries and commercial buildings. Many are returning to find nothing left, forcing them to seek housing in emergency shelters or with family and friends.


  • Suspect in Maryland shooting that killed three arrested in Delaware - October 18 2017 18:36

    Suspect in Maryland shooting that killed three arrested in DelawareAn employee of a Maryland kitchen countertop company suspected of fatally shooting three co-workers and critically wounding two others on Wednesday was arrested in neighboring Delaware, a Maryland county sheriff said. The suspected gunman, Radee Prince, 37, was apprehended by U.S. agents and others, the Harford County Sheriff's Office said on Twitter, without providing further details. Prince was also being sought for a shooting in Delaware that took place after the Maryland shooting.


  • Settlement proposed in North Carolina transgender bathroom lawsuit - October 18 2017 18:22

    Settlement proposed in North Carolina transgender bathroom lawsuitBy Colleen Jenkins WINSTON-SALEM, N.C. (Reuters) - Transgender people would be allowed to use public restrooms in North Carolina that match their gender identity under a settlement agreement filed on Wednesday that aims to resolve the federal lawsuit over the state's widely criticized bathroom law. The consent decree proposed by Governor Roy Cooper, the American Civil Liberties Union and transgender people who sued the state would remove some of the law's harmful effects, civil rights groups said. North Carolina has been mired in litigation about transgender rights since Republican lawmakers enacted a law in 2016 that restricted bathroom choice in state-run buildings to the sex on people's birth certificates rather than their gender identity.