Town Hall News

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down from 72.7% for the same period last year and the lowest since 2017, according to Reuters calculations based on […]

(Reuters) – Paramount Global has agreed to a $167.5 million settlement regarding a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company, a filing showed. Paramount and investors agreed to the settlement reached on April 18, according to a Securities and Exchange Commission filing published on Friday. CBS shareholders filed three separate suits, which were later consolidated, alleging the company had overpaid […]

SYDNEY (Reuters) – Australia’s Defence Minister Richard Marles said on Saturday that the wreck of a Japanese merchant ship, sunk in World War Two with 864 Australian soldiers on board, had been found in the South China Sea, ending a tragic chapter of the country’s history. Marles said the SS Montevideo Maru, an unmarked prisoner of war transport vessel missing since being sunk off the Philippines’ coast in July 1942, […]

(Corrects first paragraph to say Paramount agreed to a settlement, not that it agreed to pay investors) (Reuters) -Paramount Global has agreed to a $167.5 million settlement regarding a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company, a filing showed. Paramount and investors agreed to the settlement reached on April 18, according to a Securities and Exchange Commission filing published on […]

(Reuters) -South Korea’s Kim A Lim posted the round of the week to jump to the top of the Chevron Championship leaderboard on Friday before second round play at the year’s first women’s major was halted due to darkness at Houston’s The Club at Carlton Woods. Kim, who won the 2020 U.S. Open at another Houston area layout the Champions Club, returned a seven-under 65 to sit one clear of […]

By Sergiy Karazy and Anna Dabrowska CHERKASY REGION, Ukraine (Reuters) – More than a year into Russia’s full-scale invasion, Aleks, a translator with no prior military experience, was advancing through forest with rifle raised, training to ambush enemy forces in one of Ukraine’s newest military units. Border of Steel is one of eight new storm brigades totalling 40,000 soldiers that Ukraine wants to use during a counter-offensive against Russian occupiers […]

GENEVA (Reuters) -Inmates who have been held for years in the Guantanamo Bay U.S. detention facility in Cuba are showing signs of “accelerated ageing”, a senior official of the International Committee of the Red Cross said on Friday. “We’re calling on the U.S. administration and Congress to work together to find adequate and sustainable solutions to address these issues,” said Patrick Hamilton, the ICRC’s head of delegation for the United […]

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down from 72.7% for the same period last year and the lowest since 2017, according to Reuters calculations based on […]

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down from 72.7% for the same period last year and the lowest since 2017, according to Reuters calculations based on […]