Reuters US Domestic

US Treasury swamped by demand for bonus wind, solar tax credits in low-income areas

5 Dec 2023

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Monday said it has been overwhelmed by applications for bonus clean energy tax credits in low-income communities, with officials estimating the energy generated by the proposed wind and solar projects would surpass this year’s targeted allocation by more than four times. THE TAKE: Clean energy …

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US Supreme Court torn over Purdue Pharma bankruptcy settlement

5 Dec 2023

By John Kruzel and Andrew Chung WASHINGTON (Reuters) – U.S. Supreme Court justices on Monday struggled over whether to approve OxyContin maker Purdue Pharma’s bankruptcy settlement, voicing concern the deal would shield its wealthy Sackler family owners from lawsuits over their role in a deadly opioid epidemic while also worrying that scuttling it could harm …

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Trump seeks to appeal reinstated gag orders in New York civil fraud case

4 Dec 2023

By Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump is seeking permission to appeal a decision reinstating gag orders in his New York civil fraud case to the state’s highest court, a court filing showed on Monday. Justice Arthur Engoron imposed a gag order on Trump on Oct. 3 barring him from speaking …

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US crop insurance provides billions in profit for insurers -gov’t agency

4 Dec 2023

By Leah Douglas WASHINGTON (Reuters) – Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according to a government watchdog’s report released on Monday. The federal crop insurance program, administered by the U.S. …

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Climate change, overharvesting exacerbating Texas oyster decline

4 Dec 2023

(This Nov. 28 story has been corrected to fix the name of the National Oceanic and Atmospheric Administration in paragraph 9) By Evan Garcia GALVESTON, Texas (Reuters) – For the second year in a row, Texas has closed the majority of its public oyster reefs for harvesting due to declining populations. Wildlife officials say these …

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Dionne Warwick, Billy Crystal, Queen Latifah reign at Kennedy Center Honors

4 Dec 2023

By Jeff Mason and Jasper Ward WASHINGTON (Reuters) -Washington celebrated singer Dionne Warwick, comedian Billy Crystal, Bee Gees member Barry Gibb, rapper and actress Queen Latifah, and opera star Renée Fleming on Sunday at the Kennedy Center Honors, the top U.S. honor for achievements in the arts. President Joe Biden lauded the work of the …

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Pro-DeSantis super PAC hit with more departures, as turmoil among allies intensifies

3 Dec 2023

By Gram Slattery WASHINGTON (Reuters) – A pair of key figures at the main super PAC supporting Ron DeSantis’ presidential bid have left the organization, two sources familiar with the matter told Reuters, as internal squabbles among the Florida governor’s allies intensify in the weeks before the first Republican nominating contests. Kristin Davison, the chief …

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