Reuters USA

North Carolina Republicans reap reward of judicial wins in redistricting ruling

By Joseph Ax (Reuters) – Democrats and Republicans poured millions of dollars into state Supreme Court races in North Carolina and Ohio last fall, eyeing the seats as a crucial tool in advancing political power on issues such as redistricting, abortion and voting laws. On Friday, Republicans reaped the first major reward, when the newly …

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CVS nearing $10.5 billion deal for primary-care provider Oak Street Health – WSJ

(Reuters) -CVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported on Monday, citing people familiar with the matter. The companies are discussing a price of about $39 a share, the newspaper said. The deal, if …

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Madison Square Garden sues to block liquor board’s access to CEO’s testimony in lawyer ban flap

By Alison Frankel (Reuters) – Madison Square Garden Entertainment Corp does not want New York’s liquor licensing agency to see sworn testimony from its chairman and CEO James Dolan as regulators probe MSG’s policy of banning plaintiffs lawyers who are suing the company from attending events at MSG venues. In the latest fallout from the …

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Small California town wonders if restored floodplain prevented disaster

By Daniel Trotta GRAYSON, Calif. (Reuters) – When devastating floods swept California last month, the community of Grayson – a town of 1,300 people tucked between almond orchards and dairy farms where the San Joaquin and Tuolumne rivers converge – survived without major damage. In the minds of some townspeople and experts, that was thanks …

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FBI charges neo-Nazi leader in plot to attack Baltimore power grid

By Kanishka Singh and Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department has charged a neo-Nazi leader and his associate with plotting to attack Baltimore’s power grid, a plan the FBI thwarted with the help of a confidential informant. Brandon Russell, of Orlando, Florida and Sarah Clendaniel from Maryland, were arrested last week, officials …

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Top U.S. House Republican McCarthy wants compromise on debt ceiling, cuts from Biden

By David Morgan WASHINGTON (Reuters) – Republican U.S. House Speaker Kevin McCarthy called on Democratic President Joe Biden to agree to compromises and spending cuts, as the two remain deadlocked over raising the nation’s $31.4 trillion debt ceiling. McCarthy spoke on Monday before Biden is set to give the annual State of the Union address …

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Japan Dec real wages post first rise in 9 months on 26-year-high nominal growth

TOKYO (Reuters) – Japan’s real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust winter bonuses. The market closely watches wage trends in the world’s third largest economy as high pay growth to counter price increases is …

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