Town Hall News

By Tim McLaughlin and Sarah N. Lynch BOSTON (Reuters) -A 21-year-old member of the U.S. Air National Guard accused of leaking top secret military intelligence records online made his initial appearance before a federal judge in Boston on Friday to face charges he unlawfully copied and transmitted classified materials. Jack Douglas Teixeira of North Dighton, Massachusetts, who was arrested by heavily armed FBI agents at his home on Thursday, appeared […]

(Reuters) -Brazilian President Luiz Inacio Lula da Silva on Friday defended his country’s pursuit of Chinese communication and semiconductor technology, brushing off security concerns from Western nations led by the United States. “No one will prohibit Brazil from improving its relationship with China,” the leftist Brazilian president said on a state visit to Beijing, a day after visiting a research center of telecommunications giant Huawei Technologies Co Ltd. Lula said […]

DUESSELDORF, Germany (Reuters) – State prosecutors in Cologne are investigating a cyber attack on German armsmaker Rheinmetall, a spokesperson for the prosecutor’s cybercrime division said on Friday, confirming an earlier report by Spiegel magazine. The spokesperson declined to comment on how severe the cyber attack on Germany’s largest armsmaker was. Spiegel said that the origins of the attack were unknown. Rheinmetall declined to comment. The armsmaker supplies Germany’s army as […]

By Katharine Jackson and Luc Cohen (Reuters) – The United States has charged leaders of the Mexico-based Sinaloa Cartel with running a fentanyl trafficking operation fueled by Chinese chemical and pharmaceutical companies, U.S. Attorney General Merrick Garland said on Friday. Three sons of Joaquin “El Chapo” Guzman, the onetime leader of the Sinaloa Cartel now imprisoned in the United States, were among those charged in what authorities called one of […]

By Tim McLaughlin and Sarah N. Lynch BOSTON (Reuters) -A 21-year-old member of the U.S. Air National Guard accused of leaking top secret military intelligence records online made his initial appearance before a federal judge in Boston on Friday to face charges he unlawfully copied and transmitted classified materials. Jack Douglas Teixeira of North Dighton, Massachusetts, who was arrested by heavily armed FBI agents at his home on Thursday, appeared […]

(Reuters) – Federal Reserve Governor Michelle Bowman said on Friday that the recent failures of Silicon Valley Bank and Signature Bank were not an indictment of the bank regulatory landscape, although she conceded that some changes may be warranted. In prepared remarks, Bowman said if the Fed identifies gaps in its bank supervision and regulation regime during its review of the failure of SVB, the central bank should address those […]

By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday made it easier to challenge the regulatory power of federal agencies in two important rulings backing Axon Enterprise Inc’s bid to sue the Federal Trade Commission and a Texas accountant’s gripe with the Securities and Exchange Commission. A 9-0 ruling by the justices revived Axon’s lawsuit contesting the constitutionality of the FTC’s structure in a […]

ANKARA (Reuters) – Turkey summoned the Danish ambassador in Ankara to express its strong condemnation and protest over what it said had been attacks on the Koran and on the Turkish flag on Friday, the Foreign Ministry said. “It is unacceptable to allow these vile attacks under the pretext of freedom of expression, despite all our warnings,” the ministry said in a statement, without specifying what attacks it was referring […]

By Sinéad Carew and Saqib Iqbal Ahmed (Reuters) – Shares in U.S. banks were a mixed bag on Friday with JPMorgan Chase soaring 7.0% after its quarterly report impressed investors while PNC Financial was among regional bank decliners after it reduced growth expectations for 2023. JPMorgan, the biggest U.S. lender by assets, reported a first-quarter profit that beat estimates with interest income offseting weakness in dealmaking. Shares in Citigroup climbed […]