Town Hall News

(Reuters) -Tesla Inc raised the U.S. prices for its Model S and X premium electric vehicles on Thursday, according to its website, although they are still 20% lower than at the start of the year after a slew of price cuts to drum up demand. The move came after Tesla shares slumped nearly 10% on Thursday after the automaker missed its margin target, hit by aggressive price cuts. On Friday, […]

By Mariam Rizk and Khalid Abdelaziz KHARTOUM (Reuters) -The Eid al-Fitr holiday is usually a time for many residents of Sudan’s capital to visit relatives outside the city, which falls quiet. This year, those who can are making a frantic escape from Khartoum, driven out by war. As the three-day Muslim holiday started on Friday the capital still echoed with gunfire and heavy artillery, despite international appeals for a ceasefire […]

By Deena Beasley and Julie Steenhuysen (Reuters) – Eli Lilly and Co expects the U.S. Medicare health plan to back down from strict coverage limits on new Alzheimer’s drugs as more evidence emerges in coming weeks showing that clearing amyloid brain plaques can help patients, a company executive told Reuters. Lilly plans to release results from a trial of its experimental amyloid-targeting drug donanemab before the end of June. More […]

MOSCOW (Reuters) – Russia’s Defence Ministry said in a briefing on Friday that assault troops were fighting in western parts of Bakhmut, the last part of the embattled Ukrainian city still held by Kyiv’s forces. Ukrainian and Russian units have been battling for months over the eastern city, which largely lies in ruins. The defence ministry did not give details of the latest fighting. Kyiv said Russian forces had made […]

By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) -Chile has moved to boost state control over its lithium industry as it seeks to diversify from mining into batteries and other areas, spooking investors in the country’s dominant miners of the white metal, SQM and Albemarle Corp. Chile’s progressive President Gabriel Boric late on Thursday announced the move that would see the world’s second largest lithium producer shift to a model […]

(Reuters) – Matteo Berrettini has withdrawn from the Madrid Open as he continues to recover from an abdominal injury, the Italian world number 22 said on Friday. Berrettini pulled out of the Monte Carlo Masters with pain last week and it later turned out he had suffered a tear in an oblique muscle. “The intense rehab program has begun with my medical team in Barcelona,” Berrettini wrote on Instagram. “I […]

(Reuters) -Tesla Inc raised the U.S. prices for its Model S and X premium electric vehicles, according to its website on Thursday, although they are still 20% lower than the start of the year after a slew of price cuts to drum up demand. Tesla has been slashing prices globally since January, including as many six times in the United States until as recently as Tuesday, to drive volume, especially […]

By Abhirup Roy, Dan Levine and Hyunjoo Jin LOS ANGELES (Reuters) – Jurors in what appears to be the first trial related to a crash involving Tesla’s Autopilot feature told Reuters after the verdict on Friday that the electric-vehicle maker clearly warned that the partially automated driving software was not a self-piloted system, and that driver distraction was to blame. A California state court jury on Friday handed Tesla Inc […]

By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden on Friday signed an executive order directing every single federal agency to work toward “environmental justice for all” and improve the lives of communities hit hardest by toxic pollution and climate change. The order will establish a new Office of Environmental Justice within the White House to coordinate efforts across the government, and requires federal agencies to notify communities if toxic […]