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Wholesale power prices spike in U.S. Northeast as arctic blast arrives

NEW YORK (Reuters) – Wholesale power prices jumped in the U.S. Northeast, with spot prices for Friday more than tripling in some areas as an incoming arctic blast that threatened record low temperatures kicked up electricity demand. Prices in ISO New England surged by 140% to about $237 per megawatt hour (MWh), while prices in …

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U.S. snowboarders sue former coach alleging sexual abuse

By Daniel Trotta (Reuters) -Three former U.S. snowboarders sued their former coach, the national snowboarding federation and the U.S. Olympic Committee on Thursday alleging sexual abuse that was covered up by the two sporting bodies, court documents showed. Rosey Fletcher, Erin O’Malley and Callan Chythlook-Sifsof sued former coach Peter Foley, U.S. Ski and Snowboard (USSS), …

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Republicans oust Ilhan Omar from high-profile U.S. House committee

By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -U.S. House of Representatives Republicans on Thursday ousted Democrat Ilhan Omar from a high-profile committee over remarks widely condemned as antisemitic, two years after Democrats removed two Republicans from committee assignments. The deeply divided House voted 218-211 along party lines to remove Omar from the Foreign Affairs …

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People under domestic violence orders can own guns -U.S. appeals court rules

By Jonathan Stempel (Reuters) -A U.S. appeals court on Thursday declared unconstitutional a federal law making it a crime for people under domestic violence restraining orders to own firearms. The decision by a three-judge panel of the 5th U.S. Circuit Court of Appeals is the latest victory for gun rights advocates since a Supreme Court …

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Hedge fund lobby group supports shareholder rights in Masimo case

By Svea Herbst-Bayliss NEW YORK (Reuters) – The hedge fund industry trade association MFA on Thursday backed an activist investment firm’s push to reverse “draconian” amendments to medical device company Masimo Corp’s bylaws, weighing in on one of investment world’s most closely watched legal cases. MFA on Thursday filed an amicus curiae, or friend of …

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New England prepares for ‘wicked’ deep freeze as ice storm coats South

By Laila Kearney and Brendan O’Brien NEW YORK (Reuters) -The U.S. Northeast braced on Thursday for a historic deep freeze, with wind chills expected to plunge to the equivalent of -50 degrees Fahrenheit (-46 Celsius) in some spots, while freezing rain in the South left thousands without power and turned roadways into ice rinks. Dangerous …

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CIA chief warns against underestimating Xi’s ambitions toward Taiwan

By Michael Martina and David Brunnstrom WASHINGTON (Reuters) -U.S. Central Intelligence Agency Director William Burns said on Thursday that Chinese President Xi Jinping’s ambitions toward Taiwan should not be underestimated, despite him likely being sobered by the performance of Russia’s military in Ukraine. Burns said that the United States knew “as a matter of intelligence” …

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Biden calls for expanded federal medical leave, paid benefits for workers

By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday joined former President Bill Clinton to mark the 30th anniversary of the 1993 law that allows Americans to take unpaid medical leave, and vowed to keep fighting for paid leave for all Americans. The Family and Medical Leave Act, the first …

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Figure skating-U.S. ‘deeply frustrated’ by medals’ delay

(Reuters) – U.S. Figure Skating on Thursday said it was “deeply frustrated” by the nearly one-year delay in its athletes receiving medals won in the team event at the Beijing Olympics as a doping case involving a Russian skater continues to play out. The Americans finished second behind the Russian Olympic Committee in the event …

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