Town Hall News

(Reuters) -Asset manager BlackRock Inc is launching a months-long process on Tuesday to help the Federal Deposit Insurance Corp offload $114 billion of assets it picked up recently from failed banks, Bloomberg News reported on Monday, citing emails. Earlier this month, the Federal Deposit Insurance Corp (FDIC) retained BlackRock’s unit to sell the securities portfolios it kept in receivership after the collapse of Signature Bank and Silicon Valley Bank. BlackRock’s […]

SAN FRANCISCO (Reuters) – Billionaire Elon Musk said he will launch an artificial intelligence, which he calls “TruthGPT,” in an apparent challenge to ChatGPT, the popular chatbot from OpenAI. “I’m going to start something which I call ‘TruthGPT,’ or a maximum truth-seeking AI that tries to understand the nature of the universe,” Musk said in an interview with FOX News Channel’s Tucker Carlson to be aired later on Monday. “And […]

LEEDS, England (Reuters) – Diogo Jota and Mohamed Salah grabbed two goals each as Liverpool banished their away day blues with an emphatic 6-1 Premier League victory over lowly Leeds United at Elland Road on Monday. Jota was on the scoresheet for the first time in over a year while Cody Gakpo and Darwin Nunez were also on target as Liverpool recorded a second away win in 2023. They move […]

By Alexandra Valencia QUITO (Reuters) – The defense representing Ecuador President Guillermo Lasso has asked lawmakers to declare impeachment hearings against him inadmissible, arguing that the embezzlement of which he is accused did not take place, the president’s lawyer said on Monday. Opposition lawmakers in Ecuador’s National Assembly have pushed for impeachment hearings since last month. The country’s top court gave the green light for hearings to proceed, which could […]

By Hyonhee Shin SEOUL (Reuters) – South Korea, the United States and Japan staged joint naval missile defence exercises on Monday to improve responses to North Korean threats, as Pyongyang accused Washington of ramping up “nuclear blackmail” with military drills. The three nations agreed at talks in Washington on Friday to hold regular missile defence and anti-submarine exercises in their efforts to boost diplomatic and military cooperation. North Korea tested […]

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear an appeal from a Texas inmate convicted of robbery who argues that the 27 years he was forced by prison officials to spend in solitary confinement violated the constitutional bar against “cruel and unusual” punishment. The justices turned away Dennis Hope’s appeal of a lower court’s ruling that he had failed to show that his […]

By Katharine Jackson WASHINGTON (Reuters) – Democratic U.S. Senator John Fetterman returned to work on Monday after weeks of treatment for depression, bringing a crucial vote back to a Senate narrowly controlled by Democrats. The Pennsylvania senator, 53, waved to cameras as he entered the Capitol in his customary hoodie and shorts. “It’s great to be back,” he told reporters. Fetterman checked into a Washington-area hospital to be treated for […]

(Reuters) – Australia’s IPH Ltd said on Monday a forensic probe into the data breach last month revealed that a limited set of data, which originated from member firm Spruson & Ferguson (Australia), was downloaded by an unauthorised third-party. The intellectual property services provider detected an unauthorised access to its document management system, which included administrative and some client documents as well as correspondence at its head office and two […]

By Humeyra Pamuk and Patricia Zengerle (Reuters) -U.S. President Joe Biden’s administration notified Congress on Monday of the planned sale to Turkey of avionics software upgrades for its current fleet of F-16 fighter aircraft, a deal valued at up to $259 million. The deal, first reported by Reuters earlier on Monday, moves ahead with the sale of the modernization package for Turkey’s aircraft, after leaders of U.S. congressional committees gave […]