Lisa's Feed
Oct 28, 2015

Speaker-in-waiting Ryan says supports budget deal

WASHINGTON (Reuters) – Republican Paul Ryan, expected to become the next speaker of the U.S. House of Representatives, threw his support on Wednesday behind a two-year budget deal aimed at averting a default on U.S. government debt next week.

The support could provide a boost for the bill, which is set to reach the House floor for a vote Wednesday, even as far-right Republicans criticize it for increasing spending.

Oct 21, 2015

‘Escape rooms’ challenge Americans with puzzling adventures

WASHINGTON, Oct 21 (Reuters) – Dental lab technician Jon
Choi and his friends celebrated his birthday this month under
pressure: they were locked together in a small “escape room” and
had to solve a series of puzzles to achieve their freedom within
60 minutes.

They finally made it out with one minute to spare.

Choi avidly plays computer games with the same set-up, but
had never visited a physical escape room before. The experience
was both fun and tough enough that he is now planning to try
other similar rooms.

Oct 15, 2015

Presidential candidate Jeb Bush raises $13.4 million in latest quarter

WASHINGTON (Reuters) – U.S. Republican Jeb Bush raised a total of $13.4 million in the latest quarter and has $10.3 million in cash on hand, the Bush campaign said on Thursday, a respectable amount despite a dip in support for his presidential bid.

The amount of donations for the quarter that included August, when much political activity slows for summer vacations, put Bush behind only retired neurosurgeon Ben Carson in the total of dollars raised. Carson raised $20 million, almost entirely from small donations, while poll leader Donald Trump is self-financing.

Oct 13, 2015

Most U.S. voters not aware of Democratic debate: Reuters/Ipsos poll

WASHINGTON (Reuters) – Despite CNN’s countdown clock and special live coverage, more than half of U.S. registered voters are not aware of the first debate between the candidates vying for the Democratic presidential nomination, which the news network will broadcast on Tuesday evening.

A Reuters/Ipsos poll of 1,221 adults conducted from Oct. 9 through Oct. 13 found that 57 percent of registered voters were not aware of the debate between the five candidates, to be held at the Wynn Hotel in Las Vegas.

Sep 30, 2015

SEC fines 22 municipal bond underwriting firms

By Lisa Lambert and Edward Krudy

(Reuters) – The U.S. Securities and Exchange Commission has
fined 22 municipal bond underwriting firms more than $4 million
for selling bonds with offering documents that contained false
statements or omissions, the securities regulator said on

The action relates to activities between 2010 and 2014 and
is part of the agency’s increased focus on the U.S. municipal
bond market, where disclosure and pricing practices are often
inconsistent and not monitored as actively as in other markets.

Sep 16, 2015

Obama warns China on cyber spying ahead of Xi visit

WASHINGTON, Sept 16 (Reuters) – President Barack Obama on
Wednesday called for an international framework to prevent the
Internet from being “weaponized” as a tool of national
aggression, while holding out the prospect of a forceful U.S.
response to China over hacking attacks.

With Chinese President Xi Jinping set to visit Washington
next week, Obama said at a conference with business leaders that
his talks with Xi would include cybersecurity, a topic that has
become a point of friction in U.S.-Chinese relations.

Sep 15, 2015

Puerto Rico’s sewer authority reaches settlement with U.S. government

WASHINGTON (Reuters) – The Puerto Rico Aqueduct and Sewer
Authority has reached a settlement with the U.S. government to
make major upgrades to its systems, the Justice Department said
on Tuesday, adding that because of the territory’s current
financial hardships it had waived fines for violating
environmental rules.

Under the agreement, the authority, known as PRASA, will
spend $1.5 billion on improvements and also invest $120 million
to construct sewers for communities surrounding the Martin Pena
Canal, the department said.

Sep 1, 2015

Kmart pays $1.4 mln to settle U.S. charges over Medicare inducements

WASHINGTON/NEW YORK (Reuters) – Kmart Corp has paid $1.4
million to settle U.S. allegations that it violated the federal
False Claims Act by inducing Medicare beneficiaries to fill
prescriptions at its pharmacies, the Department of Justice said
on Tuesday.

The government said the accord resolves allegations that
Kmart, a unit of Sears Holdings Corp, let beneficiaries
use drug manufacturers’ coupons to reduce or eliminate
prescription co-payments.

Aug 24, 2015

U.S. presidential candidates blame China, the Fed, Obama for stocks rout

WASHINGTON, Aug 24 (Reuters) – Jostling for position in the
U.S. presidential race, candidates on Monday blamed Wall Street
elites, the Federal Reserve, exposure to China, and President
Barack Obama’s spending policies for the market contagion from
China’s stock-market plunge.

As the Dow Jones industrial average briefly slumped to its
biggest point-drop ever, Republican front-runner Donald Trump
said he had long warned about U.S. exposure to China.

Aug 24, 2015

China, the Fed and Obama: U.S. presidential candidates lay blame for stocks rout

WASHINGTON (Reuters) – As China’s stock-market plunge spread to the United States, presidential candidates on Monday laid on blame and pushed their policy ideas from the sidelines, with Republican Donald Trump saying he had warned about U.S. exposure to China.

“I’ve been talking about China for years. Because China’s going bad it’s going to bring us down, too, because we’re so heavily coupled with China,” said real-estate mogul Trump on Fox News. “I’m the one that says you better start un-coupling from China because China’s got problems.”