Town Hall News

(Reuters) -A U.S. Army sergeant was sentenced to 25 years in a Texas prison on Wednesday for killing a man at a protest against police brutality in 2020, setting the stage for Governor Greg Abbott to make good on a pledge to grant a pardon. Daniel Perry was found guilty last month of shooting to death 28-year-old Garrett Foster, a U.S. Air Force veteran, at a Black Lives Matter rally […]

(Reuters) -A U.S. Army sergeant was sentenced to 25 years in a Texas prison on Wednesday for killing a man at a protest against police brutality in 2020, setting the stage for Governor Greg Abbott to make good on a pledge to grant a pardon. Daniel Perry was found guilty last month of shooting to death 28-year-old Garrett Foster, a U.S. Air Force veteran, at a Black Lives Matter rally […]

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and world markets cheered below-consensus U.S. inflation on Wednesday, but they may not be so accommodating if Chinese inflation on Thursday also undershoots forecasts. Easing U.S. price pressures are a sign that inflation is on its way back down towards the Fed’s 2% goal and that the economy may be headed […]

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and world markets cheered below-consensus U.S. inflation on Wednesday, but they may not be so accommodating if Chinese inflation on Thursday also undershoots forecasts. Easing U.S. price pressures are a sign that inflation is on its way back down towards the Fed’s 2% goal and that the economy may be headed […]

By Nate Raymond and Jonathan Stempel BOSTON (Reuters) -A U.S. federal appeals court on Wednesday threw out the fraud convictions of two wealthy fathers accused of participating in a vast college admissions fraud by conspiring to pay bribes so their children could attend top universities. The 1st U.S. Circuit Court of Appeals in Boston ruled in favor of private equity executive John Wilson and former casino executive Gamal Aziz, the […]

By Nate Raymond and Jonathan Stempel BOSTON (Reuters) -A U.S. federal appeals court on Wednesday threw out the fraud convictions of two wealthy fathers accused of participating in a vast college admissions fraud by conspiring to pay bribes so their children could attend top universities. The 1st U.S. Circuit Court of Appeals in Boston ruled in favor of private equity executive John Wilson and former casino executive Gamal Aziz, the […]

(Reuters) – Walt Disney Co Chief Executive Bob Iger on Wednesday responded to the company’s ongoing legal battle with the state of Florida, by wondering aloud about the company’s continued investment in the Walt Disney World Resort. “The question is, does the state want us to invest more, employ more people and pay more taxes, or not?” Iger said during the company’s investor call. (Reporting by Dawn Chmielewski; Editing by […]

(Reuters) – Walt Disney Co Chief Executive Bob Iger on Wednesday responded to the company’s ongoing legal battle with the state of Florida, by wondering aloud about the company’s continued investment in the Walt Disney World Resort. “The question is, does the state want us to invest more, employ more people and pay more taxes, or not?” Iger said during the company’s investor call. (Reporting by Dawn Chmielewski; Editing by […]

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co reduced streaming losses by $400 million from the prior quarter but also shed subscribers, the company reported on Wednesday as earnings landed in line with Wall Street expectations. Shares of Disney fell 4.2% to $96.90 in after-hours trading. The company plans to expand its streaming offerings by the end of the year with a new app that […]