Trump administration’s Africa policy in focus at AGOA trade talks
WASHINGTON (Reuters) – With the Trump administration’s trade agenda focused on reining in China and renegotiating the North American Free Trade agreement, Africa has barely appeared on the radar screen.
U.S. Interior Department rescinds coal valuation rule
WASHINGTON (Reuters) – The U.S. Department of the Interior said on Monday it has rescinded an Obama-era rule that reformed how energy companies value sales of oil, gas and coal extracted from federal and tribal land to protect taxpayers because it caus…
Illinois governor stalls bond sales, seeks other options to pay bills
CHICAGO (Reuters) – Illinois Governor Bruce Rauner said on Monday he was holding off issuance of up to $6 billion of bonds to help pay down the state’s more than $14 billion in overdue bills despite the state comptroller’s public plea for the debt sal…
Anthem to pare back Obamacare offerings in Nevada and Georgia
(Reuters) – U.S. health insurer Anthem Inc said on Monday it will no longer offer Obamacare plans in Nevada’s state exchange and will stop offering the plans in nearly half of Georgia’s counties next year.
Aurelius hedge fund seeks to toss Puerto Rico’s bankruptcy filing
WILMINGTON, Del. (Reuters) – Puerto Rico’s bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Constitution and should be dismissed, the Aurelius Capital Management hedge fund said in a court filing on Monday.
Chicago sues Trump administration over sanctuary city plan
CHICAGO (Reuters) – Chicago on Monday sued to prevent the Trump administration from enforcing new policies that would withhold money from so-called sanctuary cities that deny U.S. immigration officials access to local jails.
Fired by Trump, former Attorney Bharara launches podcast
NEW YORK (Reuters) – Preet Bharara, the former U.S. Attorney in Manhattan who became a scourge of Wall Street wrongdoers before President Donald Trump fired him in March, will soon have a new outlet to voice his criticism of the White House: a podcast….
Tillerson says U.S., Russia can settle problems, ease tension
MANILA (Reuters) – U.S. Secretary of State Rex Tillerson said on Monday he believes Washington and Russia can find a way to ease tensions, saying it wouldn’t be useful to cut ties over the single issue of suspected Russian meddling in the U.S. election…
Chicago to sue Trump administration over sanctuary city funding threat
CHICAGO/NEW YORK (Reuters) – Chicago will sue the Trump administration on Monday over threats to withhold public safety grant money from so-called sanctuary cities, escalating a pushback against a federal immigration crackdown, Mayor Rahm Emanuel annou…
Pence denies eyeing presidential bid amid distance with Trump over Russia
WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Sunday denied that he is preparing for a presidential election run in 2020, saying the suggestion is “disgraceful and offensive.”