Town Hall News

(Reuters) -Lawyers for Tyre Nichols’ family filed a $550 million federal lawsuit against the city of Memphis on Wednesday, seeking damages in the beating death in January of the 29-year-old Black man at the hands of police, attorney Ben Crump said. The lawsuit and the massive award that the family is seeking are meant to send a message to Memphis and other U.S. cities that continued brutalization of Black men […]

WASHINGTON (Reuters) – Generic abortion pill maker GenBioPro Inc sued the U.S. Food and Drug Administration on Wednesday to keep mifepristone on the market amid ongoing legal challenges, according to documents filed in the U.S. District Court in Maryland. (Reporting by Brendan Pierson and Susan Heavey; Editing by Doina Chiacu) Brought to you by www.srnnews.com

By Caroline Valetkevitch NEW YORK (Reuters) -Tesla Inc short sellers have $2.16 billion in mark-to-market profits for April so far, but shorts remain down $5.52 billion for the year so far in mark-to-market losses, S3 Partners wrote in a research note on Wednesday ahead of the automaker’s quarterly results due after the closing bell. The electric car company’s shares were down about 1% on Wednesday ahead of its quarterly results. […]

By Patricia Zengerle WASHINGTON (Reuters) – British pop star Elton John urged U.S. senators on Wednesday not to ease up on the fight against HIV and AIDS, as Congress faces a September deadline for reauthorizing the multi-billion-dollar U.S. program to fight the disease. “There is no better symbol of American greatness than PEPFAR, and you should all be very proud of your extraordinary efforts,” John, whose foundation has raised hundreds […]

By Sheila Dang (Reuters) -Snap Inc on Wednesday said its artificial intelligence chatbot will now be able to respond to users’ messages with a fully AI-generated image, as the owner of photo messaging app Snapchat deepens its work in AI technology. The announcement came at Snap’s annual Partner Summit. The company aims to use the technology to speed up its development of augmented reality (AR) features, or computerized images overlayed […]

By Sheila Dang (Reuters) -Snap Inc on Wednesday said its artificial intelligence chatbot will now be able to respond to users’ messages with a fully AI-generated image, as the owner of photo messaging app Snapchat deepens its work in AI technology. The announcement came at Snap’s annual Partner Summit. The company aims to use the technology to speed up its development of augmented reality (AR) features, or computerized images overlayed […]

By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% to a two-week low on Wednesday despite a sharp decline in U.S. crude inventories, as the U.S. dollar strengthened on fears that looming U.S. Federal Reserve interest rate hikes could curb energy demand in the world’s top consumer. A stronger dollar can hurt global demand for oil by making it more expensive in other countries. Investors were also discouraged […]

By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines Holdings Inc on Wednesday said macroeconomic risks have increased following turmoil in the banking industry last month that led to a sharp, brief drop in business travel demand. CEO Scott Kirby said while the company “feels good” about its full-year profit outlook, it stands ready to act if the economy softens further. United expects to return to profit in the second […]

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -A new attempt at a ceasefire in fierce fighting between Sudanese troops and paramilitary forces in Khartoum and elsewhere failed on Wednesday, leaving people fearful about dwindling food supplies and a breakdown in medical services. The 24-hour ceasefire deal was supposed to come into effect at 6 p.m. local time (1600 GMT). Two eyewitnesses in separate areas of the capital told Reuters […]