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ConocoPhillips had sought to build up to five drill sites, dozens of miles of roads, seven bridges and pipelines. The Interior Department approved the project with three drill pads after saying last month that it was concerned about the greenhouse gas impacts of Willow. Its Bureau of Land Management last month recommended a "preferred alternative" that includes three drill sites and less surface infrastructure than originally proposed. The decision comes after the Biden administration on Sunday announced new protections for Alaskan land and water. Environmental groups criticized the Biden administration, saying it was trying to have it "both way" on climate change.

Alaska's elected officials say the project will create hundreds of jobs and bring billions of dollars in revenue to state and federal coffers. The state relies heavily on revenue from oil production, but output there has declined dramatically from its peak in the 1980s. "I feel the people of Alaska have been heard," U.S. Representative Mary Peltola, a Democrat from Alaska, said on a call with reporters. The Interior Department approved the project with three drill pads after saying last month it was concerned about the greenhouse gas impacts of Willow. "This was the right decision for Alaska and our nation," ConocoPhillips Chief Executive Ryan Lance said in a statement.

☆ U.S. FDIC shifts SVB deposits to new bridge bank, names CEO
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

[1/2] A sign for Silicon Valley Bank (SVB) headquarters is seen in Santa Clara, California, U.S. March 10, 2023. In a statement, the FDIC said all customers of SVB would automatically become customers of the bridge bank, which will hold "normal banking hours and activities, including online banking." The regulator has also tapped former Fannie Mae head Tim Mayopoulos as the chief executive officer of the newly created entity, named Silicon Valley Bank N.A., it said. "All depositors of the institution will be made whole," FDIC said, adding that no bank losses would fall on U.S. taxpayers. "These actions will protect depositors and preserve the value of the assets and operations of Silicon Valley Bank, which may improve recoveries for creditors and the DIF," it added.

☆ U.S. House speaker declines Zelenskiy invitation to visit Ukraine -CNN
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, March 8 (Reuters) - U.S. House Speaker Kevin McCarthy said he has no plans to visit Ukraine after Ukrainian President Volodymyr Zelenskiy extended an invitation, CNN reported on Wednesday. In an interview with CNN set to air on Wednesday, Zelenskiy asked McCarthy, a Republican, to see the situation in Ukraine firsthand. The United States has extended nearly $32 billion in aid to Ukraine since Russian troops invaded on Feb. 24, 2022, but some far-right Republicans have balked at sending more. Asked about Zelenskiy's invitation, McCarthy told CNN he did not need to travel to the country and would get information in other ways. The invitation came as the United States wrestled with a budget deficit and the prospect of possibly hitting its debt limit in coming months.

☆ U.S. to announce antitrust enforcement action on Tuesday
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, March 7 (Reuters) - The U.S. Department of Justice will announce an antitrust enforcement action later on Tuesday, the department said without giving any additional about the companies or industry involved. The announcement is scheduled for 11:30 a.m., the department said in an advisory. On Monday, JetBlue Airways Corp (JBLU.O) said it believes there is a "high likelihood" the department will file an antitrust lawsuit this week to block its $3.8 billion takeover of low-cost rival Spirit Airlines Inc (SAVE.N). Reporting by Susan Heavey and Diane BartzOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. says intel suggests pro-Ukrainian group sabotaged Nord Stream pipelines -NYT
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, March 7 (Reuters) - New intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group of likely Ukrainian or Russian nationals carried out the attack on the Nord Stream pipelines last year, but the intelligence reached no firm conclusions, the New York Times reported on Tuesday. Built by Russia's state-controlled Gazprom (GAZP.MM), the Nord Stream gas pipelines connect Russia and Germany. "Officials who have reviewed the intelligence said they believed the saboteurs were most likely Ukrainian or Russian nationals, or some combination of the two. Moscow this week called for all Nord Stream stakeholders to decide its fate after three of the four pipelines were destroyed in the attacks. German energy company E.ON (EONGn.DE), one of the shareholders of the Nord Stream pipeline, declined to comment.

☆ Biden to host S.Korea's Yoon for state visit April 26 -White House
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, March 7 (Reuters) - U.S. President Joe Biden will host South Korean President Yoon Suk Yeol for a state visit on April 26, the White House said on Tuesday. "The upcoming visit celebrates the 70th anniversary of the U.S.-ROK alliance, which is critical to advancing peace, stability, and prosperity for our two countries, the Indo-Pacific, and around the world," White House Press Secretary Karine Jean-Pierre said in a statement. The visit will highlight the United States' "unwavering commitment" to South Korea, she said. The state visit is the second of Biden's administration, she said. Reporting by Susan Heavey; Editing by Doina ChiacuOur Standards: The Thomson Reuters Trust Principles.

☆ Search underway for four Americans kidnapped in Mexico
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, March 6 (Reuters) - Mexican and U.S. authorities said on Monday they were working to locate four Americans who were shot at by gunmen in northern Mexico and then kidnapped shortly after crossing the border. The armed men allegedly fired on the passengers shortly after their vehicle crossed into Mexico and then herded them into another vehicle before fleeing the scene, the embassy said. A Mexican official told Reuters three men and one woman were kidnapped. Mexico's president said the Americans had crossed into Mexico to buy medication. The FBI is offering a $50,000 reward for the return of the four and the arrest of those involved.

☆ US House Speaker McCarthy plans to meet Taiwan's president in the US
▼ + stars: | 2023-03-06 | by ( Michael Martina | ) www.reuters.com time to read: +4 min

REUTERS/Leah MillisWASHINGTON, March 6 (Reuters) - U.S. House Speaker Kevin McCarthy plans to meet Taiwan's President Tsai Ing-wen in the U.S. in coming weeks, two sources told Reuters on Monday, a move that could replace the Republican Speaker's anticipated but sensitive trip to the democratically governed island claimed by China. One of the sources said should the U.S. meeting go forward - likely in April - it did not necessarily rule out McCarthy visiting Taiwan in the future. During a CNBC interview earlier on Monday, McCarthy declined to answer whether he would visit Taiwan, saying he would announce any travel plans when he had them. Since then, Taiwan has welcomed a wave of U.S. lawmakers, and speculation has swirled around whether McCarthy would travel there this year. McCarthy last year expressed interest in visiting Taiwan if he became speaker, a role he assumed in January after Republicans took control of the House in November's midterm elections.

☆ US Treasury puts cost of outbound investment risk program at $10 million
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, March 4 (Reuters) - A program to address the risks of outbound U.S. investment in areas with sensitive technology potentially harmful to national security would cost $10 million if set up this fiscal year, according to a U.S. Treasury Department report obtained by Reuters. Congress sought the analysis from the Treasury Department, which would lead any such program's implementation, as well as a review by the U.S. Commerce Department, which would coordinate with Treasury. She added that she would seek to support any executive action on outbound investment through legislation. The Treasury report did not cite China specifically. We're talking to industry, talking to stakeholders, talking to Treasury whose going to have to administer this."

☆ EU official warns of sanctions if China crosses 'red line' and arms Russia
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, March 3 (Reuters) - It would be an absolute "red line" if China provided weapons to Russia, a senior European Union official said on Friday, adding that the EU would respond with sanctions. "Don't deliver any weapons to the aggressor Russia," Scholz said in a speech to the German parliament ahead of his meeting with U.S. President Joe Biden in Washington later on Friday. Scholz and Biden are expected to discuss the ongoing conflict as well as China when they meet at the White House. China has denied any intention to arm Russia. Reporting by Andrea Shalala; writing by Susan Heavey; editing by Tim AhmannOur Standards: The Thomson Reuters Trust Principles.

Eli Lilly, along with Sanofi (SASY.PA) and Novo Nordisk (NOVOb.CO) make up 90% of the U.S. market for insulin. Biden, a Democrat, on Tuesday called on Congress and other manufacturers to lower the price of insulin as Lilly had done. The list price for Lispro, a cheaper version of its Humalog insulin, is currently $82.41 for 100 units/mL vials. List prices for drugs often differ from what patients actually pay, including after insurance and other assistance programs. Ricks said the company's insulin price cuts had been planned for some time and were accounted for in Eli Lilly's December financial forecast, which projected 2023 revenue of at least $30.3 billion.

☆ How the Turkey earthquake caused thousands of aftershocks
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +11 min

10,000 tremors How Turkey has been rattled by aftershocks since the Feb. 6 earthquakeThousands of earthquakes struck southern Turkey in the weeks after a 7.8 magnitude earthquake on Feb. 6, killing more than 50,000 people in Turkey and northwest Syria. Chart shows about ten thousand earthquakes that have been recorded in southern Turkey since a 7.8 magnitude earthquake occurred on February 6. The Turkey quake also triggered a magnitude 7.5 earthquake that caused a separate rupture in the Earth’s surface, which in turn caused thousands of aftershocks. Domino effect Seismologists define aftershocks as temblors triggered by a large earthquake, close in time and location. Chart shows aftershocks that occurred in 24 hours after the 6.4 magnitude earthquake in southern Turkey within 30 kilometers around the city of Antakya.

☆ Lilly to cut U.S. insulin prices by 70% from fourth quarter
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

March 1 (Reuters) - Eli Lilly and Co (LLY.N) will cut list prices by 70% for its most commonly prescribed forms of insulin, Humalog and Humulin, beginning from the fourth quarter of this year, the drugmaker said on Wednesday. Around 8.4 million of the 37 million people in the United States with diabetes use insulin, according to the American Diabetes Association. Eli Lilly, along with Sanofi (SASY.PA) and Novo Nordisk (NOVOb.CO) make up 90% of the U.S. market for insulin. Drugmakers had previously priced insulin at more than $275 a vial, representing a 1,200% increase in price over the past 20 years, according to the advocacy group Insulin Initiative. Reporting by Bhanvi Satija in Bengaluru; Additional reporting by Susan Heavey, Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

☆ Michael Cohen and the Manhattan DA's Trump probe: It's complicated.
▼ + stars: | 2023-02-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

There are no security guards or obscuring metal gates when Cohen arrives for his weekly Trump probe sit-downs — just a dozen or so news cameras. "No," Cohen told The Daily Beast last April. By Bragg's sixth week on the job, the new DA, who'd never even met Cohen, told Pomerantz he "could not see a world" in which Cohen could be called as a DA witness. "Alvin Bragg is operating at Alvin Bragg's pace," Cohen told MSNBC on another appearance, after that 16th meeting. "The district attorney, and the team, I find them to be incredibly, incredibly competent and decent people," Cohen told Insider.

☆ U.S. hits Chinese, Russian firms for aiding Russian military
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 24 (Reuters) - The Biden administration on Friday added Chinese and Russian companies, including Russia's no. 2 mobile phone operator, to a trade blacklist for allegedly supporting the Russian military, deepening its crackdown on Moscow on the first anniversary of its invasion of Ukraine. The moves show President Joe Biden's administration is broadening its efforts to thwart Russia's military, targeting companies globally for helping Moscow evade export restrictions and access key technologies. The U.S. Commerce Department added Public Joint Stock Company Megafon, Russia's second largest mobile phone operator, to its entity list for allegedly "acquiring and attempting to acquire" U.S. technology to support Russia's military. Of the scores of new additions to its trade restriction list, 79 were Russia-based, five are listed under China, and two are based in Canada.

The United States joined with G7 allies with plans to impose sanctions that will target 200 individuals and entities and a dozen Russian financial institutions. They planned to form an "Enforcement Coordination Mechanism," at first chaired by the United States, to counter Russian efforts to circumvent the sanctions. The sanctions are aimed at targets in Russia and "third-country actors" across Europe, Asia and the Middle East that are supporting Russia's war effort, the White House said in a fact sheet. "We will sanction additional actors tied to Russia's defense and technology industry, including those responsible for backfilling Russian stocks of sanctioned items or enabling Russian sanctions evasion," it said. Biden was also set to sign proclamations to raise tariffs on Russian products imported to the United States.

☆ U.S. prosecutors seize properties, charge Russian on Ukraine invasion anniversary
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Feb 24 (Reuters) - U.S. prosecutors on Friday said they were seeking to forfeit six properties in New York and Florida allegedly belonging to a sanctioned Russian oligarch, and separately charged a Russian national with illegally exporting counterintelligence equipment. The announcements came on the anniversary of Russia's invasion of Ukraine, which Moscow calls a "special military operation." The Department of Justice has sought to use asset seizures and criminal charges to squeeze business executives aligned with Russian President Vladimir Putin to press him to stop the war. Two of the properties - an apartment on Park Avenue in Manhattan and an estate in Southampton, New York - had been searched by FBI and Homeland Security Investigations agents last year. Reporting by Luc Cohen in New York and Susan Heavey in Washington; Editing by Chizu Nomiyama and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. transportation chief tours Ohio derailment site; NTSB to release initial report
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 23 (Reuters) - U.S. Transportation Secretary Pete Buttigieg toured the wreckage of this month's train derailment in East Palestine, Ohio, as federal investigators prepared to release their initial report of the Feb. 3 incident later on Thursday. The National Transportation Safety Board will issue its preliminary findings into the fiery crash in a report to be released after 10 a.m. (1500 GMT) and will hold a news conference at 1 p.m. (1800 GMT). Norfolk Southern's chief executive apologized on Wednesday at a CNN town hall event that highlighted residents' concerns about soil and ground water contamination. The transportation secretary has said he will push major railroads to improve safety and seek bipartisan support in Congress to raise the cap on fines against railroads for violating safety regulations. Some Republicans have criticized the Biden administration over the incident while some Democrats have pointed to regulations rescinded under former President Donald Trump.

☆ FBI investigates hack of its own computer network
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +1 min

Feb 17 (Reuters) - The FBI is investigating a hack of its computer network, in an isolated incident that was now contained, the agency said on Friday. "The FBI is aware of the incident and is working to gain additional information," the agency said in an emailed statement to Reuters, without providing further details. CNN, which first reported the incident citing people briefed on the matter, said FBI officials believe it involved computers at its New York office which were used to investigate child sexual exploitation. The FBI breach is the latest in a series of high-profile U.S. government hacking incidents over the last decade. The OPM breach was later attributed to Chinese hackers.

☆ Turkey earthquake: Maps show a 300-kilometre rupture in the Earth’s surface
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +7 min

The map below illustrates how far the surface moved during the quake, using data from the U.K. Centre for the Observation & Modelling of Earthquakes, Volcanoes & Tectonics (COMET). Add a description of the graphic for screen readers. Add a description of the graphic for screen readers. Images from Planet Labs show a surface rupture running straight through the middle of a village near Nurdagi, Turkey, with the ground clearly moving a few metres on either side. The surface has moved to the southwest on one side of the rupture and northeast on the other.

☆ How the Turkey earthquake tore a 300-kilometre rupture in the Earth’s surface
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +6 min

The day the Earth moved How the Turkey earthquake tore a 300-kilometre rupture through the Earth’s surfaceThe ground in Turkey and northern Syria was torn, cracked open, and dragged in different directions after the massive 7.8 magnitude quake and its aftershocks on Feb. 6. The map below illustrates how far the surface moved during the quake. Add a description of the graphic for screen readers. Images from Planet Labs show a surface rupture running straight through the middle of a village near Nurdagi, Turkey, with the ground clearly moving a few metres on either side. The surface has moved to the southwest on one side of the rupture and northeast on the other.

But U.S. and Canadian authorities also announced they had called off searches for three unidentified objects shot down over last weekend, without locating any debris. The last of the debris from the Chinese balloon, which was downed by a Sidewinder missile, is heading to an FBI laboratory in Virginia for analysis, the U.S. military's Northern Command said. Reuters was first to report the conclusion of the recovery efforts for the suspected Chinese spy balloon, which were halted on Thursday. Kirby said the United States had already learned a lot about the balloon by observing it as it flew over the United States. "We will maintain the perspective that we have in terms of what should be the relationship between China and the United States," she said.

Senator Tim Scott of South Carolina, New Hampshire Governor Chris Sununu and former Arkansas Governor Asa Hutchinson, among others. [1/7] Old welcome signs heralding the hometown of former South Carolina governor and former U.S. Ambassador to the U.N. Nikki Haley sit behind the town center in Bamberg, South Carolina, U.S. February 14, 2023. Haley will kick off the start of her 2024 presidential campaign in Charleston, South Carolina. "People don't understand, unless you were here, just what a demonstrative act of leadership that was," said Tom Davis, a Republican state senator who is backing Haley's presidential bid.

☆ U.S. House Judiciary subpoenas Big Tech CEOs over free speech
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Feb 15 (Reuters) - U.S. House of Representatives Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed the chief executives of Alphabet (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O), Facebook and Instagram parent Meta Platforms (META.O), and Microsoft (MSFT.O) for documents and communications relating to free-speech issues. "These subpoenas are the first step in holding Big Tech accountable," Jordan's office said in a statement. Reporting by Susan Heavey and Doina Chiacu; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

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