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U.S. Senate prepares to vote on deal reached on $1.2 trillion funding bill

ReutersMarch 23, 20240

WASHINGTON (Reuters) – The U.S. Senate was preparing to vote early on Saturday on final passage of a bill providing $1.2 trillion to avoid a partial government shutdown, after Majority Leader Chuck Schumer announced a deal just before a midnight deadline. The Senate was quickly working its way through a series of proposed amendments – all of which were expected to fail – before casting votes on passing the bill, which was approved on Friday in the House of Representatives. If successful, as expected, the Senate would dispatch the 1,012-page bill that includes funding for the Defense, Homeland Security and

U.S. Senate prepares to vote on deal reached on $1.2 trillion funding bill

ReutersMarch 23, 20240

WASHINGTON (Reuters) – The U.S. Senate was preparing to vote early on Saturday on final passage of a bill providing $1.2 trillion to avoid a partial government shutdown, after Majority Leader Chuck Schumer announced a deal just before a midnight deadline. The Senate was quickly working its way through a series of proposed amendments – all of which were expected to fail – before casting votes on passing the bill, which was approved on Friday in the House of Representatives. If successful, as expected, the Senate would dispatch the 1,012-page bill that includes funding for the Defense, Homeland Security and

Peaceful Resolution Reached After Man Barricaded Himself from Police in Rosedale

Jeff JonesMarch 7, 20240

ROSEDALE, MD — A barricade situation in Rosedale has been peacefully resolved, the Baltimore County Police Department announced late this evening. The incident began around 3:46 p.m. when White Marsh Precinct officers were called to the 1200 block of 62nd Street following a report of shots fired. Upon their arrival, officers determined the necessity of a barricade and secured the area, with no injuries reported. The suspect was alone inside the location during the standoff. The Baltimore County Police Tactical and Hostage Negotiation Team were dispatched to the scene, working diligently to ensure a peaceful conclusion. Residents in the vicinity

EU’s Gentiloni: Confident an agreement on fiscal rules can be reached soon

ReutersDecember 8, 20230

BRUSSELS (Reuters) – European Union Commissioner for Economy Paolo Gentiloni said on Friday an agreement on new EU fiscal rules should be reached soon, adding some legal aspects needed to be clarified. “We made a lot of progress but the mission is not yet accomplished. I am quite optimistic that in the coming days an agreement can be reached,” he said upon his arrival at a meeting of EU Finance ministers in Brussels. France and Germany still differ on how to sustain investment when the budget deficit is above EU limits, and other countries, roughly in two camps behind Paris

Gavin Newsom’s California Has Reached A New Milestone — A $68 Billion Budget Deficit

The Daily CallerDecember 8, 20230

Gavin Newsom’s California Has Reached A New Milestone — A $68 Billion Budget Deficit Will Kessler on December 7, 2023 California’s budget deficit has nearly tripled since last year, culminating in the largest revenue discrepancy the state has ever seen, according to a report from the state’s Legislative Analyst’s Office (LAO). The state’s budget deficit ballooned to $68 billion this year after recording a deficit of $24 billion last year, owing to an unprecedented tax-revenue shortfall, according to the LAO report. The deficit is the highest in dollar terms that the state has ever seen, but not as a percentage

Gavin Newsom’s California Has Reached A New Milestone— A $68 Billion Budget Deficit

The Daily CallerDecember 8, 20230

Gavin Newsom’s California Has Reached A New Milestone— A $68 Billion Budget Deficit Ryan Meilstrup on December 7, 2023 California’s budget deficit has nearly tripled since last year, culminating in the largest revenue discrepancy the state has ever seen, according to a report from the state’s Legislative Analyst’s Office (LAO). The state’s budget deficit ballooned to $68 billion this year after recording a deficit of $24 billion last year, owing to an unprecedented tax-revenue shortfall, according to the LAO report. The deficit is the highest in dollar terms that the state has ever seen, but not as a percentage of

Settlement Reached in Inch & Company Property Management Case

Leo CanegaNovember 22, 20230

HARRISBURG, PA – Attorney General Michelle A. Henry announced a settlement agreement with Inch & Company Property Management, LLC, based in central Pennsylvania, regarding alleged violations of the Federal Consumer Review Fairness Act and Pennsylvania Unfair Trade Practices and Consumer Protection Law. The settlement addresses lease terms that unlawfully prohibited tenants from posting online reviews about the property and management. Negative online reviews resulted in financial penalties per lease terms. Under the settlement, Inch & Company is prohibited from using such non-disparagement clauses in future leases and must inform all tenants that the current clauses in their leases no longer

DAVID BLACKMON: Do Big Wind Project Cancellations Signal Peak Subsidy Has Been Reached?

The Daily CallerNovember 5, 20230

DAVID BLACKMON: Do Big Wind Project Cancellations Signal Peak Subsidy Has Been Reached? David Blackmon on November 4, 2023 The last few months have seen a parade of troubling news related to the health of the offshore wind sector, as rising inflation, mucked-up supply chains, and high interest rates have rendered big projects planned for the U.S., UK, and German offshore regions uneconomic. The remedy sought by big players in the industry like Siemens, Orsted, BP and Equinor has been to seek higher subsidies from local, regional, and national governments whose renewable goals drive the rationale for the industry’s very

Kioxia has reached out to JIC to invest in merger with Western Digital – Bloomberg News

ReutersOctober 20, 20230

TOKYO (Reuters) – Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital, Bloomberg News reported on Friday, citing people familiar with the matter. Japan’s top banks are set to commit to 1.9 trillion yen ($12.67 billion) in financing to support the merger, Reuters reported on Thursday. ($1 = 149.9400 yen) (Reporting by Rocky Swift; Editing by Christopher Cushing)

$10 Million Settlement Reached After Nationstar Mortgage Mishap

Breaking Local News ReportOctober 17, 20230

PHILADELPHIA, PA – In a joint endeavor, Attorney General Michelle Henry led a coalition of 50 Attorneys General to announce a $10 million settlement with payment processor ACI Worldwide, over a colossal mishap last year that led to unauthorized withdrawals totaling over $2 billion from mortgage holders. This error occurred amidst a system test in April 2021, when ACI was a third-party vendor for Nationstar Mortgage, publicly known as Mr. Cooper. Despite many withdrawals being either blocked or reversed, a staggering 1.4 million transactions were processed, adversely affecting 477,000 consumers. The snag rooted from significant flaws in ACI’s data privacy

Guilty Plea Reached After Over 50 Kilograms of Cocaine Interdicted in New Kent County

Indira PatelOctober 16, 20230

NEWPORT NEWS, Va. – A Durham, North Carolina, man pleaded guilty today to attempted possession of more than 50 kilograms of cocaine. According to court documents, on August 2, Jose Arellano-Rodriguez, 26, was arrested by Drug Enforcement Administration (DEA) agents when he brought $90,000 to a rest stop in New Kent County to pay for what he believed was a load of more than 50 kilograms of cocaine. The load had been intercepted one week prior by law enforcement from within a vehicle believed to have crossed the Mexican border into the United States. The individuals Arellano-Rodriguez provided the money

IMF has reached goal to add $3 billion to trust fund for poorest countries-Georgieva

ReutersOctober 14, 20230

MARRAKECH, Morocco (Reuters) – The International Monetary Fund has met its fundraising target to increase concessional trust fund resources for the world’s poorest countries by $3 billion, IMF Managing Director Kristalina Georgieva said on Saturday. Georgieva said in a statement that the contributions completed during IMF and World Bank annual meetings in Morocco “will allow the IMF to continue to support low-income countries with zero-interest rate financing to meet their evolving needs.” She said that PRGT lending has increased five-fold to $30 billion since the onset of the COVID-19 pandemic, with about 30 countries still with loan programs. Demand for

US suicide deaths reached record high in 2022, CDC data shows

ReutersAugust 10, 20230

By Kanishka Singh WASHINGTON (Reuters) – The number of people who died by suicide in the U.S. hit an estimated record 49,000 in 2022, a 2.6% increase over the prior year, government data showed on Thursday. Over half of all U.S. suicides in 2022 involved firearms, according to the figures from the Centers for Disease Control and Prevention (CDC). “Nine in 10 Americans believe America is facing a mental health crisis. The new suicide death data reported by CDC illustrates why,” U.S. Health Secretary Xavier Becerra said in a statement. He added that many people still believe that asking for

GM’s Cruise says it’s reached the robotaxi industry’s first union agreements

ReutersAugust 3, 20230

By Anna Tong (Reuters) – Cruise, General Motors’ robotaxi unit, said on Thursday it had signed the driverless car industry’s first labor union agreements, a significant milestone as unions and robotaxi firms have historically been at odds. The company is partnering with two local San Francisco union chapters that represent electrical workers and janitors, the International Brotherhood of Electrical Workers Local 6 and Service Employees International Union Local 87. Reuters could not definitively determine if these are the driverless car industry’s first union agreements. The agreement will employ “dozens” of workers who will construct and staff Cruise’s car-charging facilities, the

Verdict Reached Cumberland County Human Trafficking Case

Leo CanegaJuly 19, 20230

CUMBERLAND COUNTY, PA – As a result of a human trafficking initiative in June 2022, six men were arrested for attempting to patronize prostitutes. This week, a trial was held for one of these men, Bhola Adhikari, 39, of Harrisburg. Adhikari was found guilty of patronizing prostitutes, and sentencing is due to be scheduled at a later date before Judge Brewbaker. District Attorney Seán M. McCormack commented after the verdict, underscoring that prostitution is a form of human trafficking. He vowed to continue enforcing the law against those patronizing prostitutes, as they contribute to the demand and financing of human

Russian Mercenary Group Halts March Towards Moscow, Returns To Ukraine After Deal Reached: REPORT

The Daily CallerJune 24, 20230

Russian Mercenary Group Halts March Towards Moscow, Returns To Ukraine After Deal Reached: REPORT Harold Hutchison on June 24, 2023 The Wagner Group halted its march to Moscow Saturday after Belarusian President Alexander Lukashenko brokered a deal between the group and Russian President Vladimir Putin, according to multiple reports. Yevgeny Prigozhin, the leader of the mercenary group, said he agreed to back off his “March for Justice” to Moscow after Lukashenko brokered a settlement with Putin that included security guarantees for Prigozhin and his personnel, according to the Associated Press. The Wagner Group had approached to within 120 miles of

Jeddah, sleep, and a French plane, how Zelenskiy reached Japan’s G7

ReutersMay 20, 20230

By John Irish HIROSHIMA, Japan (Reuters) – As Ukraine’s Volodymyr Zelenskiy touched down in the Japanese city of Hiroshima on Saturday, cameras zoomed in on the plane: a French government-labelled military aircraft. At times since Russia invaded Ukraine, French President Emmanuel Macron’s diplomatic overtures have made some of his allies angry and wary of his intentions despite Paris providing substantial military and financial aid to Ukraine. But on Friday as Zelenskiy first landed in Jeddah to address the Arab League, the French Airbus emblazoned with the tricolour flag marked an achievement for Macron. According to French officials, the idea of

Suriname reaches debt restructuring deal with bondholders

ReutersMay 4, 20230

By Rodrigo Campos, Jorgelina do Rosario and Ank Kuipers NEW YORK/LONDON/PARAMARIBO (Reuters) -Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt, the government said on Wednesday. The deal to restructure Suriname’s two outstanding dollar-denominated bonds includes a single, $650 million 10-year bond with a 7.95% interest rate, amounting to a 25% “haircut on the total recognized claims,” the government said in a statement. Reuters first reported that both parties had reached a deal on debt restructuring. “Of the 7.95% interest rate, 4.95% is required to be paid off in 2024 and 2025,

Biden’s Team Reached Out To Teachers’ Union Before He Took Office To Coordinate Reopening, Top Official Testifies

The Daily CallerApril 26, 20230

Biden’s Team Reached Out To Teachers’ Union Before He Took Office To Coordinate Reopening, Top Official Testifies Reagan Reese on April 26, 2023 President Joe Biden’s transition team reached out to the second largest teachers union in the U.S. prior to taking office to coordinate school reopenings, a top union official testified on Wednesday. Republican Rep. Brad Wenstrup asked American Federation of Teachers (AFT) President Randi Weingarten what the consultation between the union and the Centers for Disease Control and Prevention (CDC) looked like regarding the health agency’s guidance for opening schools, during a Select Subcommittee on the Coronavirus Pandemic

U.S. LNG exports back on rising track, reached record in March

ReutersApril 3, 20230

By Marianna Parraga HOUSTON (Reuters) – U.S. producers of liquefied natural gas (LNG) last month regained momentum as the country’s second-largest exporter Freeport LNG ramped up output, sending total shipments to an all-time record of 7.73 million tonnes, Refinitiv Eikon data showed on Monday. Freeport LNG’s facility in Texas, which had suspended operations after a fire last year, exited an eight-month outage in February and on Monday was on track to pull in about 2.2 billion cubic feet per day (bcfd) of gas, above its nameplate capacity, pushing up the country’s overall processing rates. A total of 108 cargoes departed

Hundreds Of Millions Of COVID-19 Aid Never Reached K-12 School Districts: REPORT

The Daily CallerMarch 31, 20230

Hundreds Of Millions Of COVID-19 Aid Never Reached K-12 School Districts: REPORT Reagan Reese on March 31, 2023 More than $736 million of federal COVID-19 funds did not reach the K-12 schools and students it was meant for, with some states putting the money towards “slush funds” and “pet projects,” according to a March report by the National Opportunity Project. In 2020, Congress gave $5.5 billion in COVID-19 aid to nonpublic schools with low-income students through its Emergency Assistance to Nonpublic Schools (EANS) program, according to a report by the National Opportunity Project. Of the aid, $736 million did not

ECB’s Lagarde says we haven’t reached inflation peak

ReutersNovember 28, 20220

FRANKFURT (Reuters) – Euro zone inflation has not peaked and the risk is that it will turn out even higher than currently expected, European Central Bank President Christine Lagarde said on Monday. “We do not see the components or the direction that would lead me to believe that we’ve reached peak inflation and that it’s going to decline in short order,” Lagarde told the European Parliament. “Whenever I ask my top-notch economists at the ECB … about the risk, the answer that I get at the moment is (that) risk is to the upside, without qualifying the upside.” (Reporting By

Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe

ReutersNovember 24, 20220

PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Thursday, confirming a report by news agency AFP. It said the agreement is now subject to court approval. Last month, Airbus confirmed it was negotiating a new bribery settlement with French authorities over past dealings in Libya and Kazakhstan as an extension to a settlement struck in 2020 which included record fines against the planemaker. The initial agreement followed a four-year probe which originated in Britain and later expanded to France and the

China to adopt consensus reached in talks with United States, ministry says

ReutersNovember 17, 20220

BEIJING (Reuters) – China will adopt key consensus measures decided in talks between President Xi Jinping and U.S. counterpart Joe Biden, the Asian nation’s commerce ministry said on Thursday. Sound and stable development for China and U.S. economic and trade co-operation will benefit both countries and the world, ministry spokesperson Shu Jueting told a regular news conference in the Chinese capital. Referring to talks held at a summit of the G20 grouping in the Indonesian resort island of Bali, Shu added that both countries should work together and create conditions for economic and trade co-operation. “We will carefully implement key

Options activity hints U.S. stock market has not reached bottom- Barclays

ReutersSeptember 27, 20220

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options trading activity does not yet hint at a bottom in U.S. stocks, Barclays derivatives strategists said on Tuesday, rebutting speculation among some investors that a record surge in put option trading volumes suggested the market may be nearing a reversal. With the S&P 500 marking a fresh bear market low on Tuesday, down 24% for the year, traders and investors are searching for clues as to when the market may bottom out. Trading in put contracts – typically used to protect against market losses – has surged, with a record 33.93