Town Hall News

By Shreyashi Sanyal and Shristi Achar A (Reuters) – Wall Street’s main indexes fell on Wednesday as talks between the White House and Republican representatives on raising the debt ceiling dragged on, while investors awaited minutes from the Federal Reserve’s last meeting. The lack of progress on raising the U.S. government’s $31.4 trillion debt limit ahead of the June 1 deadline, with several rounds of inconclusive talks, has kept investors […]

By Savyata Mishra (Reuters) -Kohl’s Corp on Wednesday reported a surprise profit as its new CEO’s efforts to turn around the company that saw its margins slump last year started showing results, sending the department store chain’s shares up as much as 19%. The company also maintained its full-year targets even as it posted a bigger-than-expected drop in quarterly comparable store sales. Kohl’s is benefiting from CEO Tom Kingsbury’s efforts […]

By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion access after the U.S. Supreme Court overturned Roe v. Wade last year. Here is a snapshot of pending and passed legislation seeking to restrict or protect access in 2023. RESTRICTIONS FLORIDA: Florida Governor Ron DeSantis in April signed a six-week abortion ban, which includes exceptions for rape, incest, human trafficking […]

By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion access after the U.S. Supreme Court overturned Roe v. Wade last year. Here is a snapshot of pending and passed legislation seeking to restrict or protect access in 2023. RESTRICTIONS FLORIDA: Florida Governor Ron DeSantis in April signed a six-week abortion ban, which includes exceptions for rape, incest, human trafficking […]

BERLIN (Reuters) – Germany will buy 18 Leopard 2 tanks and 12 self-propelled howitzers to replenish stocks depleted by deliveries to Ukraine, a member of the parliamentary budget committee which approved the purchase on Wednesday told Reuters. The tanks order will come to 525.6 million euros ($578.58 million) while the howitzers have a price tag of 190.7 million euros, all of which are to be delivered by 2026 at the […]

(Reuters) – Union Pacific Corp and the Brotherhood of Locomotive Engineers and Trainmen on Wednesday reached a tentative deal for the U.S. railroad operator’s locomotive engineers. Union Pacific, which employs around 5,600 locomotive engineers represented by BLET, said that the tentative agreement provides locomotive engineers to work for 11 days and take off for four days. The deal comes about a week after its peer Norfolk Southern also reached an […]

TUNIS (Reuters) – A Tunisian appeals court on Wednesday released media owner Noureddine Boutar on bail, his Mosaique FM ratio station said, months after his arrest alongside prominent critics of President Kais Saied. Boutar remains banned from travelling with bail set at 1 million dinars ($320,000), Mosaique reported. His detention in February came amid a wave of arrests of opposition politicians, activists and other prominent figures who had criticised Saied, […]

SARAJEVO (Reuters) – A higher court in Montenegro on Wednesday scrapped bail of 800,000 euros ($880,640) previously granted to Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, and his ally pending a trial. Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets. He was detained […]

(Reuters) – Alberto Dainese timed his sprint to perfection in a breathless finish to win Wednesday’s stage 17 at the Giro d’Italia, a 195-kilometre ride from Pergine Valsugana to Caorle. Ineos Grenadiers rider Geraint Thomas continues to lead the overall standings, 18 seconds ahead of Joao Almeida (UAE Team Emirates) with Primoz Roglic (Jumbo-Visma) in third place. The Team DSM rider held off Jonathan Milan (Bahrain Victorious) in a mass […]