Town Hall News

(Reuters) – National Bank of Canada missed analysts’ earnings estimates on Wednesday, hurt by higher costs and money set aside for bad loans amid a meltdown in the U.S. banking sector and souring economy. Shares of the Montreal-based bank were down more than 1% in morning trading, tracking broader market declines. The results come after Canada’s top four banks reported lower-than-expected earnings as they had to set aside more money […]

WASHINGTON (Reuters) – A U.S. special counsel investigating former President Donald Trump and efforts to overturn his 2020 election loss are examining his firing of a cybersecurity official whose office said the vote was secure, the New York Times said on Wednesday. Special Counsel Jack Smith, who is also probing Trump’s handling of classified documents, has subpoenaed former Trump White House staff as well as Christopher Krebs, who oversaw the […]

By David Shepardson WASHINGTON (Reuters) -Jaguar Land Rover (JLR) said it was recalling nearly 6,400 I-PACE vehicles in the United States due to fire risks because the high-voltage electric vehicle battery may overheat. JLR, which is owned by India’s Tata Motors, on Wednesday said the battery energy control module software will be updated and battery modules will be replaced as necessary in certain 2019-2024 model year vehicles. JLR said its […]

By Nelson Acosta HAVANA (Reuters) – Cuba’s first all-female umpire team is winning plaudits as they officiate top-tier baseball games in a sport that is a national obsession on the island and long dominated by men. Former baseball and softball player Janet Moreno has blazed a solitary trail for 18 seasons as Cuba’s first top-league female umpire, but was joined by three others a few months ago. “Things are starting […]

NEW YORK (Reuters) – Bank of America Corp expects good performance for its consumer business in the second quarter as the health of consumer remains strong, said the head of its consumer unit. “We’re still seeing a healthy consumer,” said Holly O’Neill, Bank of America’s president of retail banking said at a Reuters Newsmaker event. U.S. consumer confidence slipped to a six-month low in May as Americans’ assessment of the […]

By Joseph Ax PRINCETON, New Jersey (Reuters) – Former New Jersey Governor Chris Christie, who advised Donald Trump’s White House campaign in 2016 only to become a vocal critic of the former president in recent months, will launch a bid for the 2024 Republican presidential nomination next week, a person familiar with the matter said. Christie, 60, enters the race as a decided underdog, six years after his 2016 presidential […]

By Shivansh Tiwary and Paul Lienert (Reuters) – Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford Chief Executive Jim Farley said on Wednesday. Speaking at an investor conference, Farly said EVs will continue to be more expensive than their ICE counterparts until the second and third generation vehicles go into production after 2025. Between 2030 and 2035, Farley added, much of the […]

By Toby Sterling AMSTERDAM (Reuters) – A Dutch law giving the government power to review foreign technology investments and block takeovers on national security grounds is set to go into effect this week, the government said on Wednesday. Economic Affairs Minister Micky Adriaansens, who will oversee the new Investment Review Office, said in a statement she has also opened a portal for Dutch companies to learn what foreign firms they […]

By Lori Ewing BIRMINGHAM, England (Reuters) -Bethany England and Millie Bright were included in England manager Sarina Wiegman’s 23-player squad for the Women’s World Cup on Wednesday as the Dutch coach dealt with missing a number of key players due to injury. Wiegman unveiled her selection 50 days before the World Cup kicks off in Australia and New Zealand on July 20. Striker England returns after her impressive form for […]