By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters. In a reply on Wednesday to proxy advisor Glass Lewis, Exxon said the prospect of the world…
By Pete Schroeder WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren is questioning federal bank regulators on their decision to sell First Republic Bank to the nation’s largest bank, JP Morgan Chase. In a letter sent to the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation Wednesday, Warren said the deal was…
By Eric Cox and Ted Hesson CHICAGO (Reuters) -Chicago’s new mayor is grappling with how to house hundreds of migrants arriving on buses from the U.S.-Mexico border, with some sleeping in police stations and shelters strained after border crossings rose earlier this month. Officials in the third-largest U.S. city have said they cannot afford to…
By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion access after the U.S. Supreme Court overturned Roe v. Wade last year. Here is a snapshot of pending and passed legislation seeking to restrict or protect access in 2023. RESTRICTIONS FLORIDA: Florida Governor Ron DeSantis…
By Jacqueline Thomsen (Reuters) -The U.S. Senate on Thursday confirmed President Joe Biden’s nominee to the 11th Circuit U.S. Court of Appeals, overcoming rare Democratic opposition from Senator Joe Manchin. Nancy Abudu, a lawyer for the nonprofit Southern Poverty Law Center (SPLC) legal advocacy group, was confirmed on a 49-47 vote. She will be the…
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday dismissed a case in which Republicans sought to keep in place a policy introduced under former President Donald Trump that had let American officials quickly expel hundreds of thousands of migrants at the U.S.-Mexican border. The policy, known as Title 42, was implemented by Trump’s…
By Jacqueline Thomsen (Reuters) -Former New Hampshire Attorney General Michael Delaney on Thursday asked U.S. President Joe Biden to withdraw his nomination to the 1st Circuit U.S. Court of Appeals amid opposition from both Democrats and Republicans, according to a letter seen by Reuters. In the letter to Biden, Delaney said he believes “it is…
By David Shepardson (Reuters) -Five TikTok users in Montana who create content posted on the short-video app filed a lawsuit in federal court seeking to block the state’s new ban on the Chinese-owned platform. Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok in the state, effective Jan. 1. The five users seek…
NEW YORK (Reuters) – New York Fed president John Williams declined on Friday to connect the current monetary policy outlook to new work of his that reconfirms major economies are still in a fundamentally low interest rate world. “I’m not going to opine on what monetary policy should or should not do” in light of…
By Hyonhee Shin and Hyunsu Yim SEOUL (Reuters) -President Yoon Suk Yeol met some South Korean survivors of the 1945 atomic bombing in the Japanese city of Hiroshima on the sidelines of a G7 summit on Friday. The meeting comes as Yoon pushes to close a chapter on historic feuds that have dominated ties with…
