Town Hall News

BELGRADE (Reuters) – Tens of thousands marched through Belgrade on Friday in an anti-government protest following two mass shootings that killed 18 people, blaming the deaths on a culture of violence that critics say authorities have allowed to fester unchecked. On May 3 a teenage boy killed nine pupils and a security guard in the first school mass shooting in Serbia, and a day later a 21-year-old man killed eight […]

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell modestly on Friday as early gains evaporated after U.S. debt ceiling negotiations in Washington were paused, denting optimism a deal could be reached soon to sidestep a default. Stocks had rallied over the past two sessions on growing confidence a deal to raise the $31.4 trillion debt limit could be reached in coming days, with the benchmark S&P 500 climbing […]

By Pratik Jain (Reuters) -The U.S. Food and Drug Administration on Friday approved Krystal Biotech Inc’s first-of-its kind topical gene therapy for patients with a genetic skin disorder, sending its shares up 7% in afternoon trading. Patients with the rare dystrophic epidermolysis bullosa disorder suffer from open wounds, causing skin infections and are at an increased risk of vision loss, scarring and skin cancer. Most patients rarely survive beyond 30 […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices reversed course to fall on Friday after U.S. House Republicans and President Joe Biden’s administration paused talks about raising the government’s debt ceiling, threatening a default that could cut energy demand. Brent futures settled 28 cents, or 0.8%, lower at $75.58 a barrel, while West Texas Intermediate U.S. crude for July expiry fell 25 cents, or 0.3%, to $71.69. The less active U.S. […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices reversed course to fall on Friday after U.S. House of Representatives Republicans and President Joe Biden’s administration paused talks about raising the government’s debt ceiling, threatening a default that could cut energy demand. Brent futures were down 62 cents, or 0.8%, at $75.22 a barrel by 1:10 p.m. ET (1810 GMT). West Texas Intermediate U.S. crude for July expiry fell 64 cents, or […]

WASHINGTON (Reuters) – The head of an intelligence unit of Washington’s police department faces criminal charges after allegedly warning the leader of the far-right Proud Boys extremist group about an arrest warrant and leaking other law enforcement information, an indictment released on Friday showed. Metropolitan Police Department Lieutenant Shane Lamond gave Proud Boys leader Enrique Tarrio confidential information about an investigation into the 2020 burning of a “Black Lives Matter” […]

By Stephen Culp NEW YORK (Reuters) – U.S. stocks turned lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold, jarring market participants as they headed into the weekend and the United States moved closer to the deadline to avoid default. While all three major U.S. stock indexes were modestly in the red, they remained on track to notch weekly […]

WASHINGTON (Reuters) – The head of an intelligence unit of Washington’s police department faces criminal charges after allegedly warning the leader of the far-right Proud Boys extremist group about an arrest warrant and leaking other law enforcement information, an indictment released on Friday showed. Metropolitan Police Department Lieutenant Shane Lamond gave Proud Boys leader Enrique Tarrio confidential information about an investigation into the 2020 burning of a “Black Lives Matter” […]

FRANKFURT (Reuters) -Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate the proceeds to selected organisations combating racism and hate. The news fleshes out plans initially outlined last week and follows Adidas’ move to cut ties with West over anti-Semitic comments made last year, leaving the German sporting […]