Town Hall News

By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla Inc to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in North America in early 2024. The tie-up between the rivals makes Ford the first major automaker to embrace Tesla’s proprietary charging standard, giving the automaker access to the biggest network of high-speed Superchargers […]

By Lori Ewing MANCHESTER, England (Reuters) – While Manchester United ticked off a major season goal by securing their return to the Champions League next season after a year’s absence, manager Erik ten Hag made it clear his team has unfinished business. United, who are chasing a domestic double, face rivals and treble-chasers Manchester City in the FA Cup final on June 3 at London’s Wembley Stadium. “Next week is […]

By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla Inc to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in North America in early 2024. The tie-up between the rivals makes Ford the first major automaker to embrace Tesla’s proprietary charging standard, giving the automaker access to the biggest network of high-speed Superchargers […]

By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Gap Inc on Thursday reported a surprise profit in the first quarter, and its shares jumped 16% in extended trading as the apparel retailer cited restructuring efforts and easing supply chain costs. U.S. companies are starting to see some relief from sky-high costs of freight and manufacturing after years of supply-chain snags. Gap’s quarterly merchandise margin increased by 610 basis points […]

By Jody Godoy (Reuters) – Bank of America must face cardholder allegations that it bungled its response to unauthorized transactions on unemployment and disability benefits cards in California during the pandemic, a San Diego judge ruled on Thursday. U.S. District Judge Larry Alan Burns said benefits recipients can move forward with a proposed class action lawsuit claiming the bank violated state law by issuing cards to millions of Californians that […]

By Hyunjoo Jin and David Shepardson (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla Inc to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in North America in early 2024. A Tesla-developed adapter will provide Ford EVs fitted with the Combined Charging System (CCS) port access to Tesla’s V3 Superchargers. Ford will equip future EVs with a charge port, removing […]

By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) – Clearing houses and their members are working out how to treat certain U.S. Treasury bills and bonds commonly used as collateral, as the United States nears a deadline that could see it default on its debt, according to four industry sources. U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy on Thursday edged closer to an agreement to […]

(Refiles to change “sparks” to “spark” in headline) By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) -Clearing houses and their members are working out how to treat certain U.S. Treasury bills and bonds commonly used as collateral, as the United States nears a deadline that could see it default on its debt, according to four industry sources. U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy on […]

By Michelle Nichols and David Ljunggren UNITED NATIONS (Reuters) – Russia signaled on Thursday that if demands to improve its grain and fertilizer exports are not met then it will not extend beyond July 17 a deal allowing the safe wartime export of the same products from three Ukrainian Black Sea ports. It made the same threat and demands in March. Moscow then agreed last week to renew for 60 […]