Town Hall News

By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday. The layoffs are the latest cost-cutting move for the biggest U.S. meat company by sales as it grapples with declining profit and struggles to improve results in its iconic chicken business. Discussions with most affected employees are slated to take […]

By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion dollar “Call of Duty” franchise to leading cloud gaming platforms would not effectively remedy its […]

By Hyunjoo Jin and Dan Levine (Reuters) -A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features. The ruling, first reported by Reuters, came in a lawsuit filed by the family of Walter Huang against Tesla in Santa Clara Superior Court, over a car crash which killed the Apple […]

By Tim Kelly TOKYO (Reuters) – Virginia Governor Glenn Youngkin did not rule out a run for president in 2024, saying on Thursday that he was “humbled” by the question of whether he would seek the Republican nomination. “I am humbled by your question to think that you would ask it of me when 40 years ago I was washing dishes and taking out trash at the diner in Virginia […]

SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate Americanas, the retailer at the center of a nearly $4 billion accounting scandal. Arthur Lira gave the green light to create the so-called CPI committee, which will include 27 federal lawmakers appointed by party leaders, the lower house said in a statement posted on its website. Americanas did not respond […]

SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate Americanas, the retailer at the center of a nearly $4 billion accounting scandal. Arthur Lira gave the green light to create the so-called CPI committee, which will include 27 federal lawmakers appointed by party leaders, the lower house said in a statement posted on its website. Americanas did not respond […]

(Reuters) – Former U.S. President Donald Trump has lost an appeal to block former Vice President Mike Pence from testifying in the special counsel probe into efforts to overturn the results of the 2020 presidential election, CNN reported on Wednesday. Earlier this month, Trump lawyers filed the appeal after a ruling related to the Justice Department investigation of efforts to undermine the election that Trump, a Republican, lost to Democrat […]

(Reuters) – Former U.S. President Donald Trump has lost an appeal to block former Vice President Mike Pence from testifying in the special counsel probe into efforts to overturn the results of the 2020 presidential election, CNN reported on Wednesday. Earlier this month, Trump lawyers filed the appeal after a ruling related to the Justice Department investigation of efforts to undermine the election that Trump, a Republican, lost to Democrat […]

(Reuters) – U.S. Air National Guardsman Jack Teixeira, accused of leaking classified documents online, may still have access to classified materials, federal prosecutors said in court documents filed on Wednesday. Teixeira also “took steps to obstruct the government’s investigation” into the leaks, prosecutors said, in a motion filed ahead of a hearing into his detention. “His release would heighten the risk that he would make further unauthorized disclosures of classified […]