Town Hall News

NEW YORK (Reuters) – Entrepreneur Charlie Javice pleaded not guilty on Monday to charges of defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank, according to a spokesman for the U.S. Attorney’s office in Manhattan. Federal prosecutors said Javice, 31, repeatedly lied about her company to JPMorgan, including by claiming Frank – marketed as a tool to help simplify college financial aid for students and […]

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it would be quite surprising for the central bank to get inflation under control without causing some amount of job loss. “It would be a historical anomaly and quite a feat” to get inflation back to 2% and keep the unemployment rate, last at 3.4%, under the 4% mark, and […]

By Elvira Pollina and Amy-Jo Crowley MILAN/LONDON (Reuters) – German media group ProSiebenSat.1 and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said on Monday. German broadcasters are struggling to reshape their business to compete with online streaming players such as Netflix and DAZN. Under a potential transaction, Sky would pay hundreds of million of euros to […]

WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it has asked Mexico to investigate labor rights denial claims at a Goodyear Tire & Rubber Co plant in San Luis Potosi in the latest “rapid response” probe under North American trade rules. USTR in a statement said the request comes after the independent Mexican union La Liga Sindical Obrera Mexicana (LSOM) filed a petition with an interagency U.S. labor […]

BRASILIA (Reuters) – Brazil on Monday condemned the “racist attacks” Brazilian soccer star Vinicius Jr has repeatedly suffered in Spain and called on the Spanish government and sports authorities to punish those involved, the foreign ministry said in a statement. The Brazilian government called in Spain’s ambassador on Monday to explain the situation following the latest incident on Sunday when racist insults were allegedly hurled at the Black top-scoring forward […]

WASHINGTON (Reuters) – President Joe Biden and top congressional Republican Speaker Kevin McCarthy will meet on Monday to discuss raising the federal government’s debt ceiling, just 10 days before the United States could face an unprecedented default. The Democratic president and the speaker of the Republican-controlled House of Representatives will meet at 5:30 p.m. ET (2130 GMT), the White House. Any deal to raise the $31.4 trillion debt limit must […]

GEORGETOWN (Reuters) -At least 19 children died after a fire gutted a secondary school dormitory in Guyana overnight, emergency services and the government said on Monday. The building in the central city of Mahdia was “completely engulfed in flames” by the time firefighters arrived around midnight, the Guyana Fire Service said in a statement on Monday. Fourteen children died at the scene and another five in hospital. Six others, including […]

By Elvira Pollina, Alexander Huebner and Amy-Jo Crowley MADRID/BERLIN/LONDON (Reuters) – German media group ProSiebenSat.1 and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said Wednesday. Like other broadcasters across Europe, German broadcasters are struggling to reshape their business to compete with online streaming players such as Netflix and DAZN. Under a potential transaction, Sky would pay […]

By Shivam Patel NEW DELHI (Reuters) -The Delhi High Court on Monday issued a notice to British broadcaster BBC seeking its response in a defamation case over a documentary on Indian Prime Minister Narendra Modi that questioned his leadership during the 2002 Gujarat riots. The documentary, “India: the Modi question”, focused on Modi’s leadership as chief minister of the western state during riots in 2002 in which at least 1,000 […]