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CORRECTED-They quit government to protest Trump. Now they are running for Congress to stop him.
Former federal workers run for Congress as DemocratsCandidates highlight government service and outsider statusSome newly minted candidates face a steep learning curveBy Joseph Ax CAPE MAY, New Jersey, Dec 18 (Reuters) - It was Megan O'Rourke's dream job. As a top climate scientist for th...Reuters
Thu, Dec 18
US Cash Grains-Corn, soybean basis bids remain mostly unchanged
CHICAGO, Dec 18 (Reuters) - U.S. corn and soybean basis bids were mostly flat at grain elevators and processing facilities around the Midwest on Thursday, grain dealers said.The corn basis increased at a Chicago-area elevator by 20 cents a bushel after falling by 5 cents per bushel on Wednesday.Acti...Reuters
Thu, Dec 18
Michigan approves DTE power deals for data center, adds grid safeguards
Dec 18 (Reuters) - Michigan regulators on Thursday conditionally approved special contracts for DTE Energy's DTE.N unit to supply power to a Washtenaw County data center.The Michigan Public Service Commission (MPSC), however, imposed additional mandatory safeguards meant to protect residential a...Reuters
Thu, Dec 18
US House passes bill to speed permitting for big energy projects
By Nichola Groom Dec 18 (Reuters) - The U.S. House of Representatives passed legislation on Thursday that would streamline environmental reviews and speed permitting for large energy infrastructure projects, data centers and factories.The goals of the bill are in line with President Donald Trump&...Reuters
Thu, Dec 18
Nike's Q2 revenue beats expectations on wholesale segment strength
OverviewAthletic apparel maker's fiscal Q2 revenue rose, beating analyst expectationsNet income for fiscal Q2 beat analyst estimatesGross margin decreased due to higher tariffs in North AmericaOutlookNike is focusing on realigning teams and strengthening partner relationships for growthResult Dr...Reuters
Thu, Dec 18
Putin to talk of war and peace at marathon news conference
Putin due to speak at 0900 GMT on FridayHe will face dozens of questions in phone-inUkraine likely to dominate discussionsBy Guy Faulconbridge MOSCOW, Dec 19 (Reuters) - Russian President Vladimir Putin is likely to send a signal to the United States and European powers on Friday over his appetit...Reuters
Thu, Dec 18
Energy Transfer says suspending development of its Lake Charles LNG export project
HOUSTON, Dec 18 (Reuters) - Energy Transfer ET.N on Thursday said it was suspending the development of its Lake Charles liquefied natural gas export facility in Louisiana to focus on allocating funds to natural gas pipeline projects. The company said it remains open to discussions with third pa...Reuters
Thu, Dec 18
Venezuela authorizes two unsanctioned loaded oil supertankers to depart, sources say
One of the ships sailed away from Jose's anchorage on ThursdayMost oil exports remain on hold amid the U.S. blockage threatPDVSA on Wednesday resumed loading crude and fuel cargoes Venezuela's crude exports have fallen sharplyBy Chen Aizhu and Marianna Parraga Dec 18 (Reuters) - Venezuela...Reuters
Thu, Dec 18
Oil prices settle slightly higher as market assesses mounting supply risks
US preparing more Russian energy sanctions in case Moscow rejects peace deal, Bloomberg reportsVenezuela's state-run oil firm resumes loading after cyberattack, most exports on hold Enforcement of Trump's blockade of tankers under sanctions unclearBy Arathy Somasekhar ...Reuters
Thu, Dec 18
ANALYSIS-How Trump's Venezuela embargo could put Taiwan at risk
Move pressures Maduro but risks weakening US credibility in blockade scenario around TaiwanExperts say Beijing would seek to prevent US from building coalition to oppose a Taiwan blockadeTaiwan would see a full Chinese naval encirclement as act of warBy Michael Martina WASHINGTON, Dec 18 (Reuters...Reuters
Thu, Dec 18
Transco Gas Pipeline Co Declares Force Majeure On Main Unit 5 At Station 517
Dec 18 (Reuters) - Williams Companies Inc's Transcontinental Gas Pipeline Co (Transco):REPORTS PLANNED MAINTENANCE ON MAIN UNIT 5 AT STATION 517 IN PENNSYLVANIA FROM DEC. 13 TO DEC. 27 FULL STORY: [nAQN2LE3WK]Reuters
Thu, Dec 18
EXCLUSIVE-Head of Pemex's production arm to step down in coming days, sources say
By Adriana Barrera MEXICO CITY, Dec 18 (Reuters) - Mexico's state oil company Pemex is preparing to replace the head of its exploration and production arm, just months after he returned to the post, three sources familiar with the matter told Reuters, as the company struggles to stem a declin...Reuters
Thu, Dec 18
EXPLAINER-What will change with the US reclassification of marijuana?
By Nancy Lapid Dec 17 (Reuters) - U.S. President Donald Trump has signed an executive order demanding a speedy reclassification of marijuana that would ease federal restrictions on research that could lead to new medical marijuana products. Here is what you need to know: WHAT DOES THE EXECUTI...Reuters
Thu, Dec 18
LIVESTOCK-CME cattle futures lower on falling beef prices, selling
By Heather Schlitz CHICAGO, Dec 18 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins co...Reuters
Thu, Dec 18
US natural gas futures fall 3% on mild weather forecasts
Milder weather forecasts reduce natural gas demand in coming weeksGlobal gas prices drop amid mild winter and Ukraine peace hopesNear-record gas flows to LNG export plants boost futuresUS gas output slightly declines from record highsEnergy firms pulled more gas from storage than usual during last w...Reuters
Thu, Dec 18
CBOT wheat futures recover on short covering
CHICAGO, Dec 18 (Reuters) - Chicago Board of Trade wheat futures found their footing on Thursday on short covering, but hovered near eight-week lows after China cancelled purchases from the United States and large harvests in Argentina and Australia added more grain to a well-supplied market, analys...Reuters
Thu, Dec 18
Gold losses shine as Fed-cut bulls assess how dovish soft CPI is
Gold (XAU/USD) erases earlier gains on Thursday after the non-yielding metal approached the all-time high (ATH) following the release of a weaker than expected inflation report in the US. XAU/USD trades at $4,335 after bouncing off daily lows of $4,308.
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Thu, Dec 18
GRAINS-Wheat recovers on short covering, soy continues to fall
By Heather Schlitz CHICAGO, Dec 18 (Reuters) - Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied ma...Reuters
Thu, Dec 18
US House passes legislation to speed infrastructure approvals
Dec 18 (Reuters) - The U.S. House of Representatives passed legislation on Thursday that would streamline environmental reviews and speed permitting for large energy infrastructure projects, data centers and factories.The bill, known as the SPEED Act, faces opposition in the Senate from Democrats wh...Reuters
Thu, Dec 18
SOFTS-Raw sugar hits one-month low as dollar, increased supply weigh
LONDON, Dec 18 (Reuters) - Raw sugar futures on the ICE exchange hit their lowest in more than a month on Thursday as dealers eyed a stronger dollar and improved supply prospects. Arabica and robusta coffee futures hit fresh multi-month lows. SUGARRaw sugar SBc1 settled down 0.28 cent, or 1...Reuters
Thu, Dec 18
