Updated

US Supreme Court leaves former New York lieutenant governor’s corruption case alive

By Luc Cohen (Reuters) – The U.S. Supreme Court declined on Monday to hear Democratic former New York state lieutenant governor Brian Benjamin’s challenge to corruption charges involving campaign contributions from a developer in a case that involves the scope of federal bribery law, allowing the case to proceed. The justices turned away Benjamin’s appeal …

US Supreme Court leaves former New York lieutenant governor’s corruption case alive Read More »

International, domestic insurers push into catastrophe-hit US property markets

By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) – International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and wildfires in recent years have caused some insurers, such as Allstate and State …

International, domestic insurers push into catastrophe-hit US property markets Read More »

Honeywell considers spinning off aerospace business amid Elliott’s breakup push

By Shivansh Tiwary (Reuters) – Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company’s breakup. The company, one of the last surviving U.S. conglomerates, has been on a deal-making spree this year under …

Honeywell considers spinning off aerospace business amid Elliott’s breakup push Read More »

Embattled Trump nominees Hegseth, Gabbard visit Senate seeking support

By Patricia Zengerle WASHINGTON (Reuters) -Two of President-elect Donald Trump’s most controversial nominees, Pete Hegseth and Tulsi Gabbard, sought support from U.S. senators on Monday, but it remained uncertain whether they would get the near-unanimous Republican backing they will need to win confirmation. Former Fox News personality Hegseth held a second meeting with Senator Joni …

Embattled Trump nominees Hegseth, Gabbard visit Senate seeking support Read More »

US agencies to brief House on Chinese Salt Typhoon telecom hacking

By David Shepardson WASHINGTON (Reuters) -U.S. government agencies will hold a classified briefing for the House of Representatives on Tuesday on China’s alleged efforts known as Salt Typhoon to infiltrate American telecommunications companies and steal data about U.S. calls, officials said on Monday. The FBI, the Office of the Director of National Intelligence, Federal Communications …

US agencies to brief House on Chinese Salt Typhoon telecom hacking Read More »