Check your math, central banker says: less immigration equals less growth
(Reuters) – Less than week after a U.S. President Donald Trump embraced legislation to reduce immigration, Minneapolis Federal Reserve Bank President Neel Kashkari urged residents of South Dakota to embrace newcomers instead.
No more private massages for convicted Macau billionaire: U.S. judge
(Reuters) – Private massages are one indulgence that Macau real estate developer Ng Lap Seng must forgo as a condition of staying in his luxury Manhattan apartment after being convicted of bribing United Nations officials, a U.S. judge ruled on Monday.
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.
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.
‘Top Chef’ host Lakshmi testifies in Teamsters extortion trial
BOSTON (Reuters) – “Top Chef” TV show host Padma Lakshmi appeared in federal court in Boston on Monday, and testified she was “terrified” after a member of the Teamsters union, accused of extorting the show’s production company for jobs, appeared to th…
New York mayor wants more taxes from rich for crumbling subway
NEW YORK (Reuters) – New York City Mayor Bill de Blasio on Monday proposed raising taxes for the wealthiest New Yorkers to increase funding for the city’s deteriorating subway system.
Wells Fargo joint venture sued over merchant credit card fees
NEW YORK (Reuters) – A Wells Fargo Bank joint venture that provides credit card processing services to merchants across the country has been hit with a lawsuit accusing it of using misleading sales tactics and overbilling for its services.
Justice Department resumes effort to improve forensic testimony
WASHINGTON (Reuters) – The U.S. Justice Department is reviving efforts that first started under the Obama administration to develop uniform standards governing what forensic experts are permitted to say during criminal trials.
Judge rejects loan collector Navient’s bid to dismiss U.S. lawsuit
(Reuters) – A federal judge has rejected Navient Corp’s bid to dismiss a U.S. regulator’s lawsuit accusing the nation’s largest student loan servicer of systematically misleading millions of borrowers and driving up their loan repayment costs.
Illinois governor stalls bond sales for other options to pay bills
CHICAGO (Reuters) – Illinois is holding off on issuing $6 billion of bonds to help pay its hefty pile of overdue bills despite the state comptroller’s public plea for the debt sale, the governor’s office said on Monday.
