Town Hall News

By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly double what was normal before the pandemic and seeming confirmation that key parts of the economy motor along despite aggressive Federal Reserve interest rate increases. But details beneath the headline number may, if sustained, point to some of the first cracks in a labor market that has defied expectations through […]

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had improper access to materials meant for commission officials ruling on those cases. The decision comes after the SEC concluded a lengthy review of a matter first raised in April 2022, when it disclosed that some of its databases had inadvertently allowed SEC enforcement staff […]

By Bate Felix, Sofia Christensen and Ngouda Dione DAKAR (Reuters) – Police and protestors clashed in Senegal’s capital Dakar on Friday as unrest picked up again one day after a jail sentence for opposition politician Ousmane Sonko sparked some of the deadliest violence in the country in recent memory. Nine people were killed in clashes between police and Sonko supporters on Thursday after he was sentenced to two years for […]

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had improper access to materials meant for commission officials ruling on those cases. The decision comes after the SEC concluded a lengthy review of a matter first raised in April 2022, when it disclosed that some of its databases had inadvertently allowed SEC enforcement staff […]

WASHINGTON (Reuters) -U.S. top diplomat Antony Blinken will visit Saudi Arabia next week for talks on security and economic issues, the State Department said on Friday, as Washington seeks to repair ties with the world’s largest oil exporter. Secretary of State Blinken’s trip, which follows a visit last month by White House national security adviser Jake Sullivan, comes after disputes including over the murder of journalist Jamal Khashoggi by Saudi […]

By Shrivathsa Sridhar PARIS (Reuters) – Two-times champion Novak Djokovic huffed and puffed but forced his way into the fourth round of the French Open following a 7-6(4) 7-6(5) 6-2 win over Spanish 29th seed Alejandro Davidovich Fokina on Friday. Djokovic, who is aiming to leapfrog injured champion Rafa Nadal and win a 23rd Grand Slam title, came into the match at Court Philippe Chatrier having lost to Davidovich Fokina […]

(Reuters) – Twitter’s head of brand safety and ad quality, A.J. Brown, has decided to leave the company, the Wall Street Journal reported on Friday, citing people familiar with the matter. Brown was a top executive who has worked to assure advertisers that Twitter is a safe place for them to place their ads, according to the report. Twitter did not immediately respond to a Reuters’ request for comment. The […]

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission announced Friday it was dismissing roughly 40 pending enforcement cases after an internal review found enforcement staff had improper access to certain memoranda meant for commission officials ruling on those matters. The SEC also said it was agreeing to lift certain types of industry bans in approximately 50 cases where individuals had sought that relief, according to agency […]

(Reuters) – Indivior Plc said on Friday its unit had agreed to pay $102.5 million to settle a lawsuit by multiple state attorneys general accusing it of using illegal tactics to shield its opioid addiction treatment Suboxone from generic competition. The company said the payment is expected to be made this month, funded from existing cash. States have said that Indivior’s switch from a pill to an oral film form […]