Town Hall News

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to their lowest level in nearly two years in February, suggesting that labor market conditions were finally easing, welcome news for the Federal Reserve as it considers whether to pause its interest rate hiking cycle. Despite the larger-than-expected decline in job vacancies reported by the Labor Department on Tuesday, the labor market remains tight, with 1.7 job openings for every […]

By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Tuesday filed criminal charges accusing Charlie Javice, the founder of the now-shuttered college financial planning company Frank, of defrauding JPMorgan Chase & Co into buying the startup for $175 million in 2021. Javice, 31, was accused by the Department of Justice of repeatedly lying to the largest U.S. bank by claiming that Frank had lined up 4.25 million student customers […]

NEW YORK (Reuters) – Online travel booking company Expedia Group Inc said on Tuesday it launched an in-app feature powered by OpenAI’s ChatGPT for users to start conversations and receive hotel, flight and destination recommendations. Expedia and Booking Holdings Inc’s Kayak are among the first travel companies to integrate generative artificial intelligence with travel search as the industry seeks ways to make travel planning easier. The feature is only available […]

LISBON (Reuters) -Switzerland will host the 2025 Women’s European Championship, European soccer’s governing body UEFA said on Tuesday. Switzerland last hosted a major soccer tournament in 2008, staging that year’s edition of the men’s Euros along with neighbours Austria. “This is a historic day for Switzerland, the SFA and women’s football,” Swiss FA president Dominique Blanc said in a statement. “This major step will shape the development of women’s football […]

By Joseph White and Nathan Gomes (Reuters) -About 5,000 General Motors Co salaried workers took buyouts to leave the company, putting the company well on the way to hitting a $2 billion cost-cutting target, the automaker’s chief financial officer said Tuesday. GM shares were trading down nearly 2% at midday, even though CFO Paul Jacobson said demand for GM’s trucks and SUVs remains strong in the United States. GM has […]

By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Tuesday filed criminal charges accusing Charlie Javice, the founder of the now-shuttered college financial planning company Frank, of defrauding JPMorgan Chase & Co into buying the startup for $175 million in 2021. Javice, 31, was accused by the Department of Justice of repeatedly lying to the largest U.S. bank by claiming that Frank had lined up 4.25 million student customers […]

By Will Dunham WASHINGTON (Reuters) – Life on our planet faced a stern test during the Cryogenian Period that lasted from 720 million to 635 million years ago when Earth twice was frozen over with runaway glaciation and looked from space like a shimmering white snowball. Life somehow managed to survive during this time called “Snowball Earth,” and a new study offers a deeper understanding as to why. Fossils identified […]

VATICAN CITY (Reuters) – Chinese authorities have appointed a new bishop to Shanghai, the Vatican said on Tuesday, in an apparent violation of a bilateral pact between the two states. The Holy See was informed “a few days ago” of the decision by China to transfer Bishop Shen Bin from Haimen, in the Jiangsu province, to the diocese of Shanghai, the Vatican said. It added that it had learned of […]

By Orhan Coskun and Daren Butler ANKARA (Reuters) – A second-time presidential candidate who lost out to Tayyip Erdogan in a 2018 vote could push Turkey’s May election to a second round, potentially boosting the president’s prospects of winning, according to analysts and polls. Muharrem Ince, formerly of the main opposition Republican People’s Party (CHP), joined the fray last month and secured a spot on the ballot at the weekend, […]