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Sep 3, 2015

Judge in Kentucky gay marriage case keeping politics out of courtroom

By Daniel Bases

(Reuters) – For years, mentioning the name “Bunning” in Kentucky brought to mind former conservative Republican U.S. Senator and baseball Hall of Fame pitcher Jim Bunning.

This week has changed that.

His son, U.S. District Court Judge David Bunning, was thrust into the national spotlight on Thursday when he took a hard line against Kim Davis, an elected county clerk in Kentucky, for disobeying his order to follow U.S. law and issue marriage licenses to same-sex couples. [ID:nL1N1191QO]

Aug 22, 2015

Public plazas in New York’s Times Square bring business, chaos

NEW YORK (Reuters) – New York City’s Times Square is notorious for its fast talkers, street walkers and con-men mingling among artists scrounging tips from tourists who gawk at themselves on jumbo video screens or take selfies with accommodating cops on horses.

Much of the action takes place in pedestrian plazas carved into Broadway, souvenirs of former Mayor Michael Bloomberg’s efforts in 2009 to make parts of the city more accessible to the public.

Aug 20, 2015

New York looks to curb topless women, Mickey and Thor in Times Square

NEW YORK (Reuters) – New York City created a task force on Thursday to examine how it can rein in topless women and costumed cartoon and superhero characters who officials believe are aggressively soliciting tips after posing for tourists’ pictures in Times Square.

“Over the past several months, serious concerns have been raised about both the appropriateness of topless individuals in Times Square, as well as aggressive solicitation by topless individuals and costumed characters that often times becomes harassment of New Yorkers and visitors alike,” Mayor Bill de Blasio’s office said.

Aug 20, 2015

More racial unrest in St. Louis after police kill black suspect

By Carey Gillam and Daniel Bases

(Reuters) – St. Louis police fatally shot a black teenager they say pointed a gun at them on Wednesday, drawing angry protesters and recalling the racial tensions sparked by the killing of an unarmed African-American teen in nearby Ferguson, Missouri, a year ago.

St. Louis Police Chief Sam Dotson said the shooting took place as officers were carrying out a search warrant and two young black men ran out the back door of the targeted house.

Aug 18, 2015

N.Y. judge hears arguments on Paul Smith’s College name change

NEW YORK (Reuters) – A New York State Supreme Court judge
deferred ruling on Tuesday whether Paul Smith’s College could
defy its founder’s wishes and accept a $20 million donation that
requires changing the institution’s name, sources said.

Joan Weill, the wife of billionaire financier and
philanthropist Sanford Weill, wants to give the money with the
proviso that the small, four-year private college in rural
upstate New York be renamed the Joan Weill-Paul Smith’s College.

Aug 18, 2015

Emerging market debt trading volumes down 27 pct in Q2

NEW YORK, Aug 18 (Reuters) – Emerging market debt trading
volumes fell to $1.211 trillion in the second quarter of 2015,
from $1.668 trillion in the same period a year ago, due to
economic weakness in the sector and regulations tied to the
Volcker Rule, a new survey showed.

Second-quarter trading volumes declined 27 percent versus a
year ago, but fell only 1 percent from the first quarter of
2015, EMTA, the association for the emerging markets debt
trading industry, said in a statement.

Aug 17, 2015

New Jersey OKs permit to rebuild storm-hit amusement park

NEW YORK (Reuters) – Owners of an historic amusement park on the New Jersey shore badly damaged by Superstorm Sandy in 2012 have been given a permit to rebuild, state authorities said on Monday.

Casino Pier in Seaside Heights, first opened in 1932, was wrecked by the storm that hammered northeastern U.S. coastal areas and caused billions of dollars in damage. One of the more memorable images of the devastation was of the park’s Skyride roller coaster partly submerged in the Atlantic Ocean.

Aug 11, 2015

New York probes allegations of inmates beaten after prison escape

NEW YORK (Reuters) – Authorities are investigating allegations that guards beat and abused dozens of inmates in an upstate New York prison after the daring escape of two convicted killers in June, state corrections officials said on Tuesday.

The Department of Corrections and Community Supervision said it had been investigating for several weeks the allegations of prisoner abuse at the Clinton Correctional Center, which were first reported in the New York Times on Tuesday.

Aug 8, 2015

New York to clean cooling towers in outbreak area by Sunday: mayor

NEW YORK (Reuters) – New York officials expect by Sunday to complete a city-ordered cleaning of cooling towers in the South Bronx that were tied to an outbreak of Legionnaires’ disease that has killed 10 people, Mayor Bill de Blasio told reporters on Saturday.

The outbreak appears to have peaked with no new cases diagnosed over the last four days, but the inspection and cleaning of cooling towers will continue as the city battles the Legionella bacteria, which thrive in warm water, de Blasio said.

Aug 5, 2015

Emerging market CDS volume down 29 pct in Q2 -EMTA survey

NEW YORK, Aug 5 (Reuters) – Emerging market credit default
swaps trading volume fell 29 percent in the second quarter of
2015 versus the same period a year ago, according to a survey
released on Wednesday.

EMTA, the emerging markets debt trading and investment
industry trade association, said second quarter volume for CDS
totaled $275 billion versus the $389 billion in reported
transactions a year earlier.

    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
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