Puerto Rico’s PRIFA did not transfer funds for payment: filing
NEW YORK (Reuters) – Puerto Rico’s infrastructure authority PRIFA did not transfer funds to its bond trustee in order to pay debt due Jan. 1, according to a regulatory filing on Monday, confirming a warning that the U.S. territory gave last week of a p…
Obama: New gun control measures are legal, could save lives
WASHINGTON (Reuters) – President Barack Obama said on Monday his new executive actions to tighten gun rules were “well within” his legal authority and consistent with the U.S. right to bear arms, a warning to opponents who are likely to challenge them …
Puerto Rico Governor says preparing for legal action from creditors: CNBC
(Reuters) – Puerto Rico’s governor said the U.S. territory’s Department of Justice is trying to anticipate any lawsuits after the island said it would default on some debt due Jan. 1, according to an interview with CNBC.
New York governor’s order on homeless deepens chill with city mayor
NEW YORK (Reuters) – New York Mayor Bill de Blasio on Monday called an order by Governor Andrew Cuomo to force homeless people indoors when temperatures drop below freezing a redundant mandate that the city already meets, the latest salvo in a feud bet…
Top Clinton aide blasts Sanders’ Wall Street proposals
WASHINGTON (Reuters) – A top aide to Democratic presidential front-runner Hillary Clinton on Monday criticized rival Bernie Sanders’ proposals to regulate Wall Street as doing nothing to address some of the riskiest financial institutions.
McCain blasts lack of U.S. patrols in South China Sea
WASHINGTON (Reuters) – The chairman of the influential U.S. Senate Armed Services Committee on Monday criticized the Obama administration for delaying further “freedom of navigation” patrols within 12 nautical miles of islands built by China in the Sou…
Trump releases first TV ad in 2016 Republican presidential race
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump on Monday released his first television commercial in the 2016 race for the White House with a 30-second spot highlighting his stance on Muslims, immigration and terrorism.
Virginia and Cuba to sign port agreement, look to expand trade
HAVANA (Reuters) – Virginia’s port authority will become the first U.S. port operator to sign a cooperation agreement with its Cuban counterpart, in an effort to increase trade and establish direct service with Cuba, Virginia’s governor said on Monday….
Obama: confident new gun initiatives are constitutionally sound
WASHINGTON (Reuters) – President Barack Obama said on Monday he was confident his new executive actions to tighten U.S. gun rules were consistent with the constitutional right to bear arms and said the initiatives would be rolled out over the next seve…
SEC not required to make firms disclose political contributions: judge
(Reuters) – A federal judge on Monday dismissed a lawsuit seeking to force the U.S. Securities and Exchange Commission to adopt a rule requiring publicly traded companies to disclose political contributions.