Town Hall News

By Trevor Hunnicutt WASHINGTON (Reuters) – Leaders of the Group of Seven (G7) countries are set to issue a statement of concern about China’s use of “economic coercion” in its dealings abroad when they gather next week, according to a U.S. official familiar with the discussions. The statement, a likely component of the overall communique that will be released by leaders during the May 19-21 summit in Hiroshima, Japan, is […]

By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor Philip Jefferson to be the central bank’s vice chair, a key policy advisory role recently vacated when Lael Brainard took a top position in Biden’s White House economics team. Biden also nominated the World Bank’s U.S. executive director, Adriana Kugler, to be a Fed governor, adding a labor economist to […]

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffrey Epstein to sexually abuse them. In a filing in Manhattan federal court, the largest U.S. bank said Epstein’s accusers had too many differences to sue under an “oversimplified” theory that it was liable to […]

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffrey Epstein to sexually abuse them. In a filing in Manhattan federal court, the largest U.S. bank said Epstein’s accusers had too many differences to sue under an “oversimplified” theory that it was liable to […]

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents released on Friday show. The auto safety agency said the inflators pose an unreasonable risk of death or injury. Even as ruptures mount, “ARC has not made a defect […]

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents released on Friday show. The auto safety agency said the inflators pose an unreasonable risk of death or injury. Even as ruptures mount, “ARC has not made a defect […]

(Reuters) – Finance leaders of the Group of Seven (G7) advanced economies agreed to launch by the end of this year a scheme to diversify global supply chains that will “contribute to safeguarding energy security,” according to a final draft of their communique seen by Reuters. The G7 finance chiefs also called for the need to “remain vigilant, stay agile and flexible” in guiding policy amid heightened uncertainty about the […]

By Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Oriana Silva, a 30-year-old Venezuelan mother of two, was so determined to make it to the United States that she entered illegally and was expelled back to Mexico five times in seven months. Now, she is trying another way she hopes will be easier: the U.S. asylum app.     As U.S. COVID-era border restrictions give way to strict new asylum rules […]

By Trevor Hunnicutt WASHINGTON (Reuters) – Leaders of the Group of Seven (G7) countries are set to issue a statement of concern about China’s use of “economic coercion” in its dealings abroad when they gather next week, according to a U.S. official familiar with the discussions. The statement, a likely component of the overall communique that will be released by leaders during the May 19-21 summit in Hiroshima, Japan, is […]