NEW YORK/WASHINGTON, Jan 25 - U.S. President Donald Trump's lawsuit against JPMorgan Chase and its CEO Jamie Dimon highlights a growing, and politically fraught, conflict in the administration's policy agenda for Wall Street, with big banks scoring wins but also facing setbacks. In his most confrontational move yet against Wall...
ICE’s Impunity Is a Formula for More Violence
America stared into the void this week, but pulled back. Federal action in the streets of Minneapolis goes well beyond immigration. It is a test of the government’s power to use violence against its own citizens — a dividing-line between liberty and tyranny. And it will not be the last....
US Shale Producers Coterra, Devon in Advanced Talks to Merge, Source Says
Jan 29 - U.S. shale producers Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, a source familiar with the matter said on Thursday. A possible combination would rank among the largest between U.S. energy producers in recent years. Both companies have operations...
Oil Prices Surge 3% to Five-Month High on Worries US Could Attack Iran
NEW YORK, Jan 29 - Oil prices climbed 3% to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the U.S. attacks Iran, one of OPEC's biggest crude producers. Brent futures rose $2.31, or 3.4%, to settle at $70.71 a barrel, while U.S. West...
Trump Official Says ICE in Minneapolis Will Be Targeted, Vows Changes on Ground
MINNEAPOLIS, Jan 29 - U.S. border czar Tom Homan, newly installed as commander of President Donald Trump's immigration enforcement surge in Minneapolis, said on Thursday that federal agents would focus on targeted operations, shifting away from the broad street sweeps that have drawn widespread outrage. Homan also said he would...
US Faces Growing Risks of Power Outages Due to Rising Winter Demand, Changing Fuel Mix
Jan 29 - The risk of U.S. power outages is worsening due to a changing mix of electricity supplies and rapidly growing demand in the winter months, the North American Electric Reliability Corporation said on Thursday. Before the end of the decade, the Mid-Atlantic, Midwest, Northeast and Texas regions may...
Clovis Police to Hold DUI Checkpoint Saturday Night
The Clovis Police Department will conduct a DUI checkpoint Saturday from 8 p.m. to 1 a.m. at an undisclosed location in the city, officials said. Checkpoints are set up based on data showing areas with higher incidents of impaired driving crashes, police said. The department said the goal is to...
Trump Plans to Announce His Fed Chief Nominee Next Week
WASHINGTON, Jan 29 - President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, as speculation intensifies over who will lead the U.S. central bank after Powell steps aside from the job in May. "We're going to be announcing...
Olympics-IOC Voices Concern for Iranian Athletes Amid Unrest
Jan 29 - The International Olympic Committee on Thursday expressed concern for the welfare of Iranian athletes amid the country's escalating unrest, saying it remains in contact with Iran's Olympic community. Plainclothes Iranian security forces have rounded up thousands of people in a campaign of mass arrests and intimidation to...
Merced Police Warn of Traffic Delays After Major Crash
The Merced Police Department is investigating a major injury traffic collision on W. 21st Street, officials said Thursday. The crash has prompted authorities to close W. 21st Street between Canal Street and Martin Luther King Jr. Way. Motorists are facing delays and are advised to avoid the area if possible....