Town Hall News

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s major averages closed lower on Tuesday as a downbeat UPS forecast exacerbated investor concerns about a slowing U.S. economy, while plunging deposits at regional First Republic Bank added to jitters about the bank sector’s health. United Parcel Service Inc shares tumbled after the courier company forecast full-year revenue at the lower end of its earlier outlook as it […]

By Steve Holland, Jarrett Renshaw and Heather Timmons WASHINGTON (Reuters) -President Joe Biden launched his re-election bid on Tuesday with a promise to protect American liberties from “extremists” linked to former President Donald Trump, who he beat in 2020 and might face again in 2024. Biden made his announcement in a video released by his new campaign team that opens with imagery from the Jan. 6, 2021, attack on the […]

By Raghav Mahobe and Bhanvi Satija (Reuters) -The U.S. Food and Drug Administration said on Tuesday it had approved Biogen Inc’s drug for treating a form of amyotrophic lateral sclerosis (ALS), making it the first available treatment targeting a genetic cause of the disease. The drug, branded as Qalsody, got a green light under the agency’s accelerated approval pathway. Biogen will be required to provide more data on the drug’s […]

By Blake Brittain (Reuters) – Voting technology company Smartmatic USA Corp on Tuesday fended off a patent infringement lawsuit brought by competitor Election Systems & Software LLC, persuading a federal judge that the last patent remaining in the case is invalid. U.S. District Judge Richard Andrews in Delaware said the voting-machine patent covered unpatentable abstract ideas related to “the individual steps of voting.” Representatives for the companies did not immediately […]

By Luc Cohen, Jack Queen and Jonathan Stempel NEW YORK (Reuters) – E. Jean Carroll’s accusation that Donald Trump raped her was not a “he said, she said” dispute, a lawyer representing the writer said as a civil trial over the former U.S. president’s conduct nearly three decades ago got under way. Shane Crowley, who represents the former Elle magazine advice columnist, said during her opening statement on Tuesday that […]

By Nafisa Eltahir CAIRO (Reuters) – Darfur inhabitants fear battles between Sudan’s rival military leaders could reawaken war in the vast and largely desert region already scarred by a two-decade-old conflict. The Darfur conflict originated around 2003-2004, pitting rebels against government forces backed by horse-riding militia known as “Janjaweed” in violence that killed some 300,000 people and uprooted millions from their homes. Despite repeated peace deals, the conflict has simmered […]

By Blake Brittain (Reuters) – Voting technology company Smartmatic USA Corp on Tuesday fended off a patent infringement lawsuit brought by competitor Election Systems & Software LLC, persuading a federal judge that the last patent remaining in the case is invalid. U.S. District Judge Richard Andrews in Delaware said the voting-machine patent covered unpatentable abstract ideas related to “the individual steps of voting.” Representatives for the companies did not immediately […]

By Lisa Pauline Mattackal (Reuters) – What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions of dollars of trading in a new class of crypto tokens. The machine mania sweeping the tech world amid the launches of bots like ChatGPT and Bard has reached the cryptoverse, with interest […]

(Reuters) – The Champions League final could be staged in the United States in the future as Europe’s soccer governing body looks to capitalise on the sport’s rising popularity in the country, UEFA president Aleksander Ceferin has said. The showpiece event in European club football has never been held outside the continent since the competition’s inception in 1955, but Ceferin said a break from tradition could be on the cards […]