Town Hall News

KASHIWAZAKI, Japan (AP) — Japan has resumed operations at the world’s largest nuclear power plant to help the country meet huge electricity demands during a global oil crisis, but the reboot highlights a big problem: Japan is running out of space for spent nuclear fuel and has no viable plans for permanent disposal of the radioactive waste. The restart of No. 6 reactor at Kashiwazaki-Kariwa Nuclear Power Station earlier this […]

LOS ANGELES (AP) — A Los Angeles jury on Wednesday ordered California socialite Rebecca Grossman to pay $21 million in punitive damages to the parents of two young brothers who died when her car struck them in a hit-and-run collision in 2020. Former Los Angeles Dodgers pitcher Scott Erickson must also pay $1.17 million in punitive damages. That is in addition to the $176 million in damages for wrongful death […]

June 10 (Reuters) – OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The company might lower prices for tokens, the central unit for gauging AI costs, though the discussions are still in flux, the report added.  Reuters could not immediately verify the report.  (Reporting by […]

By Ankur Banerjee SINGAPORE, June 11 (Reuters) – The U.S. dollar wobbled on Thursday as new U.S. strikes in the Middle East undermined sentiment, while a surge in May U.S. consumer inflation to a three-year high kept investors uneasy about the Federal Reserve’s monetary policy outlook. The currency markets have been subdued this week, as investors weighed the fragile ceasefire in the Middle East against a renewed cycle of tit-for-tat […]

NEW YORK (AP) — The World Cup starts Thursday, and FIFA is charging record prices at the 11 stadiums in the United States, three in Mexico and two in Canada. FIFA is using dynamic pricing and has repeatedly raised the prices since tickets first went on sale last fall. FIFA president Gianni Infantino defended those prices Wednesday as fitting in the North American market, but they have been criticized for […]

President Donald Trump’s planned UFC fight on the White House’s South Lawn has required a monumental effort from more than seven federal agencies, hundreds of staff working onsite daily and at least $60 million, according to a legal filing that offers a glimpse into the preparations. The event is part of the 250th anniversary of America’s founding, and is scheduled for the weekend with the main attraction — seven mixed […]

SINGAPORE, June 11 (Reuters) – Asian stocks fell on Thursday, weighed down by a Wall Street selloff after a hotter-than-expected U.S. inflation reading, while renewed U.S. strikes on Iran fuelled a rise in oil prices. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9%, led by a 3% drop in South Korea’s KOSPI. S&P 500 e-mini futures were 0.3% lower. The United States began a fresh round of […]

By Laurie Chen and Liam Mo BEIJING, June 11 (Reuters) – Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Anderson was on a plane with a U.S. business delegation accompanying President Donald Trump on his trip to China. Anderson’s visit was partly to raise the issue of delays in China’s export licenses involving the […]

BEIJING, June 11 (Reuters) – Seven have died from a blast in China’s southwestern Guangxi region, a notice from local authorities showed, which also said an investigation was ongoing after ruling out gas pipelines issues as the cause. Seventeen more were injured and taken to hospital, the notice said, adding that none of the injuries were life-threatening. (Reporting by Liz Lee and Shanghai newsroom; Editing by Himani Sarkar) Brought to […]