Olympic Casino’s asset grab unnerves European junk bond investors

AMSTERDAM – A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets away from creditors are coming to Europe. Olympic Entertainment, owned by private equity firm Novalpina Capital, told bondholders on June 18 it had moved some assets – all its online operations and a Lithuanian business – into an entity not bound by its…

"Olympic Casino’s asset grab unnerves European junk bond investors"

Republicans weigh mandatory COVID-19 testing at convention: sources

NEW YORK – The Republican National Committee plans to make coronavirus testing available to all attendees of the party’s convention in August and is discussing whether to make the testing mandatory, according to two people familiar with the matter. The RNC is scrambling to put together plans to hold a largely in-person convention in Florida and North Carolina amid mounting concerns about the spread of the novel coronavirus that has so far killed more than…

"Republicans weigh mandatory COVID-19 testing at convention: sources"

Biden says new China national security law a ‘death blow,’ weighs sanctions

– Democrat Joe Biden on Wednesday threatened new economic sanctions on China if he is elected U.S. president, calling its new security law imposed on Hong Kong a “death blow” to the territory’s freedom. Biden, who has a lead in national opinion polls ahead of his Nov. 3 election fight against President Donald Trump, said Beijing was “acting with impunity” when it unveiled new laws for Hong Kong that would punish crimes of secession, subversion,…

"Biden says new China national security law a ‘death blow,’ weighs sanctions"

Biden: Confederate monuments belong in museums, not public squares

WILMINGTON, Del. – Democratic presidential candidate Joe Biden on Tuesday said that Confederate monuments belong in museums, not public squares, but that it is best to remove them peacefully. “Don’t be surprised if someone pulls down the statue of Jefferson Davis,” Biden said, referring to the president of the short-lived, pro-slavery Confederate States of America in the 19th century. “It’s better that they do not. … It’s always better to do it peacefully,” the former…

"Biden: Confederate monuments belong in museums, not public squares"

Factbox: Trump and Biden divided on race, criminal justice policies

WASHINGTON – Republican President Donald Trump and his Democratic opponent, Joe Biden, have contrasting views and records on criminal justice and the U.S. racial divide, issues that have risen in prominence in the 2020 election. Here is a look at their stances and backgrounds: RACE AND RHETORIC Biden has said he was motivated to run for president by Trump’s comments that “both sides” were to blame for violence between white supremacists and left-wing counterprotesters at…

"Factbox: Trump and Biden divided on race, criminal justice policies"

Teflon Robe: 5 takeaways from Reuters’ investigation of misconduct by U.S. judges

– Thousands of state and local judges across the United States were allowed to keep their positions on the bench after violating judicial ethics rules or breaking laws they pledged to uphold, a investigation found. For its “Teflon Robe” project, reviewed 1,509 cases from the last dozen years – 2008 through 2019 – in which judges resigned, retired or were publicly disciplined following accusations of misconduct. In addition, reporters identified another 3,613 cases from 2008…

"Teflon Robe: 5 takeaways from Reuters’ investigation of misconduct by U.S. judges"

How Reuters examined misconduct by state and local judges across America

– To track misconduct by state, county and local judges from all 50 U.S. states and the District of Columbia, examined thousands of investigative files and reports for a dozen years – from 2008 through 2019. Neither judicial misconduct cases nor the work of state commissions that oversee judges is tracked nationally by any government agency. built spreadsheets and databases to track complaints and sanctions, drawing on diverse sources that included investigative files, court and…

"How Reuters examined misconduct by state and local judges across America"

Car crashes deadlier as drivers speed during lockdowns

LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a analysis shows. In New York City, the ratio of fatal crashes to all collisions rose 167% in April from a year ago. The increase was 292% in Chicago and 65% in Boston. Across the ocean, in Madrid, Spain, the rate of fatal collisions…

"Car crashes deadlier as drivers speed during lockdowns"

Russia takes a leaf out the U.S. shale oil playbook

MOSCOW – Russia is taking a leaf out of the U.S. shale playbook so it can ramp up oil production quickly and hang on to its share of the global market when demand finally recovers after the coronavirus pandemic. At least two state-owned banks, Sberbank and VEB, plan to lend oil firms some 400 billion roubles ($6 billion) at effectively almost zero interest rates to drill about 3,000 unfinished wells, officials involved in the scheme…

"Russia takes a leaf out the U.S. shale oil playbook"

Approval of Trump’s coronavirus response sinks to lowest on record amid surge in cases: Reuters/Ipsos poll

NEW YORK – American approval of President Donald Trump’s handling of the coronavirus pandemic has dropped to the lowest level on record, the latest /Ipsos opinion poll shows, as new COVID-19 cases surged and Trump was widely criticized for suggesting he wanted to slow down testing. The June 22-23 poll also found that a majority of Americans want Trump’s former national security adviser, John Bolton, to testify to Congress under oath, after he accused Trump…

"Approval of Trump’s coronavirus response sinks to lowest on record amid surge in cases: Reuters/Ipsos poll"