Town Hall News

WASHINGTON (Reuters) – The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $80 billion in new funding to beef up enforcement and taxpayer services, U.S. Treasury Secretary Janet Yellen said on Tuesday, promising major investments in new technology and services. In prepared remarks at the swearing-in ceremony of new IRS Commissioner Danny Werfel, Yellen said the IRS Strategic Operating Plan will outline the agency’s plans in greater […]

TORONTO (Reuters) – Canada’s antitrust regulator said on Tuesday it is reviewing the potential acquisition of Canadian lender Home Capital Group Inc by privately-held peer Smith Financial Corp. “I can confirm that the Competition Bureau is reviewing the potential acquisition of Home Capital Group by Smith Financial Corporation,” a spokesperson for the regulator said in an email to Reuters. Home Capital, the mortgage lender rescued by Warren Buffett’s Berkshire Hathaway Inc […]

By Karen Freifeld and Jody Godoy NEW YORK (Reuters) -Donald Trump, the former president and front-runner for the 2024 Republican nomination, arrived at a Manhattan courthouse to be formally charged on Tuesday in a watershed moment for the United States as his supporters and detractors noisily rallied outside. Wearing a dark blue suit and red tie, Trump, 76, exhibited little emotion on his face as he waved to a crowd […]

By Mike Spector (Reuters) – Johnson & Johnson is exploring the idea of placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, despite a January federal appeals court decision invalidating the so-called Texas two-step legal maneuver, according to a court filing and four people familiar with the matter. A J&J lawyer tasked with settling about 40,000 lawsuits alleging the company’s iconic Baby […]

By Karen Freifeld and Jody Godoy NEW YORK (Reuters) – Donald Trump, the former U.S. president and front-runner for the 2024 Republican nomination, will be formally charged on Tuesday in a watershed moment ahead of the 2024 presidential election as his supporters and detractors noisily rallied outside the Manhattan courthouse where he was due to appear. Trump, 76, is the first sitting or former president to face criminal charges. He […]

NEW DELHI (Reuters) – India’s foreign ministry said on Tuesday that the Organization of Islamic Cooperation (OIC) showed an “anti-India agenda” by saying that last week’s violent clashes during a Hindu religious festival targeted the Muslim community. Indian was responding to the OIC’s statement earlier on Tuesday which called on Indian authorities to take firm action against those involved in the violence. Clashes in cities across several states last week […]

By Anne Kauranen and Andrew Gray HELSINKI/BRUSSELS (Reuters) – Finland formally joined NATO on Tuesday, its flag unfurling outside the military bloc’s Brussels headquarters, in a historic policy shift brought on by Russia’s invasion of Ukraine, drawing a threat from Moscow of “counter-measures”. Finland’s accession roughly doubles the length of the border that NATO shares with Russia and bolsters its eastern flank as the war in Ukraine grinds on with […]

(Corrects day to Monday from Tuesday in paragraph one) (Reuters) -Dogecoin’s Shiba Inu dog replaced Twitter’s blue bird as the social media company’s logo on Monday, helping the meme coin add as much as $4 billion to its market value. The token, born as a satire of a cryptocurrency frenzy in 2013 and has no fundamental use, on Tuesday surged to 10 cents around 1500 EST from 7 cents as […]

(Reuters) – Dogecoin’s Shiba Inu dog replaced Twitter’s blue bird as the social media company’s logo on Monday, helping the meme coin add as much as $4 billion to its market value. The token, born as a satire of a cryptocurrency frenzy in 2013 and has no fundamental use, on Tuesday surged to 10 cents around 1500 EST from 7 cents as Elon Musk indicated in a tweet on Monday […]