Town Hall News

By Pratyush Thakur and Bianca Flowers (Reuters) -Motorcycle maker Harley-Davidson Inc said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April to pursue another job. The Milwaukee-based company said Vice President David Viney will take over as interim CFO after Goetter’s departure on April 28. Shares of the company fell 6.3% in extended trading. Goetter was appointed CFO in September 2020 and was […]

HOUSTON (Reuters) – Chevron Corp (CVX.N) paid Chief Executive Michael Wirth $23.6 million last year, a 4% increase from a year before, according to securities filings released on Wednesday. Total annual compensation of Chevron’s median employee fell to $161,488 in 2022, from $183,531 a year before. (Reporting by Sabrina Valle) Brought to you by www.srnnews.com

By Jacqueline Thomsen (Reuters) – The Democratic National Committee will no longer be represented by longtime Democratic lawyer Marc Elias, spokespeople for his law firm and the DNC confirmed on Wednesday. The split ends a key client relationship for Elias, one of the best-known Democratic lawyers in the U.S., that dates back to 2009. Elias has raised his profile through legal work on behalf of major national clients like the […]

By Herbert Lash NEW YORK (Reuters) – Treasury yields fell and a gauge of global stocks eased on Wednesday after the market was rattled by minutes from the Federal Reserve’s last policy meeting that indicated banking sector stress could tip the economy into a recession. Fed staff assessing the potential fallout of banking stress projected a “mild recession” later this year. But the minutes showed policymakers ultimately agreed to higher […]

By Blake Brittain (Reuters) – Ouster Inc, a San Francisco-based provider of lidar light sensors used in fields like autonomous vehicles, defense and robotics, sued Chinese rival Hesai Group on Tuesday for patent infringement in Delaware federal court and at the U.S. International Trade Commission. Lidar technology is used for 3D mapping, navigation and object detection in various high-tech industries. Ouster’s complaints said Hesai incorporated its digital lidar technology into […]

By Luc Cohen (Reuters) -Donald Trump sued his ex-lawyer Michael Cohen on Wednesday seeking at least $500 million in damages, as the former U.S. president steps up attacks on his onetime loyal “fixer” after Cohen testified before the Manhattan grand jury that indicted Trump. In a complaint filed in federal court in Miami, Trump accused Cohen of failing to keep confidential attorney-client communications private and profiting by “spreading falsehoods” about […]

By Sarah N. Lynch WASHINGTON (Reuters) – A former leader of the far-right Proud Boys testified to a jury on Wednesday that he had no plan to attack the U.S. Capitol before he entered it with hundreds of Donald Trump supporters on Jan. 6, 2021, attempting to overturn his election defeat. Zachary Rehl, one of five Proud Boy members facing seditious conspiracy and other criminal charges for their role in […]

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday called for the World Bank to implement further reforms this year to expand its ability to help developing countries meet global challenges such as climate change. Yellen hosted talks with global finance officials to discuss an initial spate of balance sheet changes that will allow the World Bank to lend an additional $50 billion over 10 years while […]

By Riham Alkousaa, Andreas Rinke and Andrew Gray BERLIN (Reuters) – Germany’s foreign minister begins a visit to China on Thursday aiming to reassert a common European Union policy toward Beijing days after remarks by French President Emmanuel Macron suggested disarray in the continent’s approach to the rising superpower. Macron provoked a backlash in the United States and Europe when he called on the European Union to reduce dependence on […]