U.S. Top News: Powerful storm lashes eastern U.S. with snow, arctic cold

	Click to View in Browser 03/4/2014 Powerful storm lashes eastern U.S. with snow, arctic cold WASHINGTON (Reuters) - A deadly winter storm hit the U.S. East Coast with freezing rain, snow and near-record cold on Monday, cancelling about 2,900 flights, shutting down Washington and closing schools and local governments. Obama to offer new tax breaks for workers in election year budget pitch WASHINGTON (Reuters) - President Barack Obama will propose an expansion of popular tax credits for middle class and working poor Americans on Tuesday in a fiscal 2015 budget designed to serve as a blueprint for Democrats in this year's congressional elections. Obama's caution on Ukraine may loom over midterm election WASHINGTON (Reuters) - With Russia's incursion into Ukraine reviving Cold War-style tensions, President Barack Obama is at risk of suffering a blow to his credibility at a time when he can least afford it: as he tries to convince voters to stick with his fellow Democrats in congressional elections that will help shape his legacy. Detroit asks bankruptcy court to approve new deal to end swaps (Reuters) - Detroit on Monday said it reached an agreement with two investment banks to end costly interest rate swaps, a move that could give Detroit access to revenue from casino taxes and give it leverage in efforts to win court approval for the city's plan to restructure its debt. South Carolina, rights groups settle immigration law challenge CHARLESTON, South Carolina (Reuters) - In a victory for immigrant rights supporters, South Carolina said on Monday it would no longer defend a key part of a 2011 law that required police to check the immigration status of people during stops. Montana woman dies of injuries from avalanche that destroyed her home (Reuters) - A woman buried alive with her husband by an avalanche that roared down a mountainside and swallowed their house in Missoula, Montana, late last week has died of her injuries, police said on Monday. Bin Laden son-in-law goes on trial in U.S. on terrorism charges NEW YORK (Reuters) - Suleiman Abu Ghaith, a son-in-law of Osama bin Laden, went on trial in New York on Monday, becoming one of the highest-profile defendants to face terrorism charges in the United States. U.S. Navy to order 33 fewer F-35s than planned in next 5 yrs -source WASHINGTON (Reuters) - The U.S. Navy is set to order 33 fewer Lockheed Martin Corp F-35 fighter jets than originally planned over the five years starting in fiscal 2015 due to budgetary pressures, a defense official said Monday. Michigan man sentenced for three-day shooting spree on interstate (Reuters) - A Michigan man was sentenced to 18 to 40 years in prison for a three-day firing spree in 2012 on an interstate highway that earned him the nickname the "I-96 shooter," prosecutors said on Monday. Michigan stumbles in court defending same-sex marriage ban DETROIT (Reuters) - The Michigan defense of its same-sex marriage ban got off to a rough start on Monday when its first witness at a federal trial was dismissed for not being qualified, dealing a blow in what may be an uphill battle to keep its law on the books. Related Video Geneva Motor Show: GM will fix it – and break even by 2015 Russia says ousted Viktor Yanukovich asked for military intervention Great Debate Ambassadors astray, the Federal Reserve Board's minutes, and conflict recusals in the Valley Beware the old nostalgic journalist A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend