Town Hall News

MADRID (Reuters) -Top-ranked Iga Swiatek cruised past Veronika Kudermetova 6-1 6-1 in the late semi-final of the Madrid Open on Thursday to set up a second straight final showdown with world number two Aryna Sabalenka. Swiatek had beaten Sabalenka 6-3 6-4 to win the Stuttgart Open at the end of April, gearing up for her French Open title defence later in May. The Pole marched into her maiden final in […]

(Reuters) -Australia’s Medibank Private Ltd said on Friday it was served with another class-action suit related to the cyber hack incident last year in which personal data of current and former customers was leaked on the dark web. The third class-action suit related to the incident was filed in the country’s federal court by law firm Slater & Gordon on behalf of affected current and former Medibank customers, and healthcare […]

(Reuters) -Carvana Co said on Thursday that it expects to post a profit in the current quarter and plans to further bring down excess used-car inventory as the retailer sharpens its focus on cutting costs, sending its shares surging 26% in aftermarket trading. The company also reported a smaller-than-expected loss, benefiting from cost cuts. “We’ve already got our plans for the next 9 to 12 months to keep the pedal down […]

By Julia Harte and Joseph Ax (Reuters) – North Carolina’s Republican-controlled legislature on Thursday passed a bill limiting the window for most abortions to 12 weeks, down from 20, a move that could sharply reduce access to the procedure for millions of women across the South.  The state Senate approved the bill 29-20 along party lines, a day after the state House of Representatives passed it in a similar party-line […]

By Chris Prentice and Trevor Hunnicutt NEW YORK (Reuters) – U.S. federal and state officials are assessing the possibility of “market manipulation” behind big moves in banking share prices in recent days, a source familiar with the matter said on Thursday, as the White House vowed to monitor “short-selling pressures on healthy banks.” Shares of regional banks resumed their slide this week after the collapse of First Republic Bank, the […]

By Chris Prentice and Trevor Hunnicutt NEW YORK (Reuters) -U.S. federal and state officials are assessing the possibility of “market manipulation” behind big moves in banking share prices in recent days, a source familiar with the matter said on Thursday, as the White House vowed to monitor “short-selling pressures on healthy banks.” Shares of regional banks resumed their slide this week after the collapse of First Republic Bank, the third […]

By Antonio Denti NAPLES (Reuters) -The southern Italian city of Naples exploded into what was shaping up to be a long night of celebrations on Thursday as local team Napoli secured their first Serie A soccer title in more than three decades, sweeping away years of disappointment. Argentine hero Diego Maradona inspired Napoli to its second and last triumph in 1990, but since then, the coveted Scudetto has been won […]

By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden met with CEOs of top artificial intelligence companies including Microsoft and Alphabet’s Google on Thursday and made clear they must ensure their products are safe before they are deployed. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public’s fancy, sparking a rush among companies to launch similar products they believe will […]

By Andrew Goudsward (Reuters) – A Jeffrey Epstein accuser suing JPMorgan Chase & Co for allegedly aiding the late financier’s sex trafficking of girls and women asked a judge to disqualify the bank’s law firm on Thursday, arguing it has a conflict of interest. Lawyers for the woman, who claims she was a victim of Epstein and is not named in court papers, said the judge should bar law firm […]