Reuters USA

U.S. Supreme Court rejects Christian preacher’s challenge to university

By John Kruzel WASHINGTON – The U.S. Supreme Court on Monday declined to hear a traveling Christian evangelist’s free-speech challenge to a University of Alabama requirement that he obtain a permit before handing out religious pamphlets and preaching from a sidewalk adjacent to its campus. The justices turned away an appeal by preacher Rodney Keister …

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Did SVB break the Fed? Officials mull risks of more rate increases

By Howard Schneider WASHINGTON (Reuters) – At an early January meeting of the Virginia Bankers Association, executives were already nervous that Federal Reserve interest rate increases were making it hard to compete for deposits.  “Everywhere I go in the industry people are feeling that kind of pressure,” the featured speaker of the day, Richmond Fed …

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Credit Suisse rescue presents ‘buyer beware’ moment for bank bondholders

By Tom Westbrook SINGAPORE (Reuters) – The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse Group AG was reserved for the holders of the bank’s riskiest tranche of bonds. Not only did investors discover they are the only investors not getting any compensation but that the long-established practice of giving …

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In US Supreme Court Jack Daniel’s case, a free speech fight over a dog toy

By Blake Brittain WASHINGTON (Reuters) – A trademark dispute over a poop-themed dog toy shaped like a Jack Daniel’s whiskey bottle coming before the U.S. Supreme Court could redefine how the judiciary applies constitutional free speech rights to trademark law. In a case to be argued on Wednesday, the nine justices are expected to use …

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US states cannot block hazardous waste from Ohio derailment -EPA

By David Shepardson WASHINGTON (Reuters) -U.S. states cannot block shipments of hazardous waste from a Feb. 3 Ohio train derailment to licensed disposal sites, the head of the Environmental Protection Agency (EPA) said Friday. EPA Administrator Michael Regan’s warning came after Oklahoma Governor Kevin Stitt said earlier this week he had blocked a shipment of …

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Goldman Sachs prepares claims trading for wiped out Credit Suisse debt – Bloomberg News

(Reuters) – U.S. bank Goldman Sachs Group Inc traders were preparing to take bids on claims against Credit Suisse Group’s riskiest bonds, Bloomberg News reported on Sunday, citing people familiar with the matter. Clients were told in a message late Sunday that the New York-based bank would soon start trading claims in the so-called additional …

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