Town Hall News

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Tuesday sued the founder of college financial planning platform Frank, Charlie Javice, accusing her of defrauding JPMorgan Chase & Co into buying the startup for $175 million in 2021. In a complaint filed in Manhattan federal court, the SEC said JPMorgan was enticed by Javice’s repeated claims that she had lined up 4.25 million student customers, when in fact she […]

BRUSSELS (Reuters) – Belgian police and German investigators carried out a raid on Tuesday at the headquarters of the centre-right European People’s Party (EPP) as part of an investigation in Germany. The party, which has the most members in the European Parliament, said in a statement that representatives of authorities from Belgian and Germany had visited its headquarters in Brussels on Tuesday. The visit related to an investigation in the […]

STOCKHOLM (Reuters) – Sweden’s path to NATO membership remains blocked by Turkey and Hungary as neighbour Finland officially joined the 30-member alliance on Tuesday after its application was ratified in record time. Analysts do not expect Turkey to ratify Sweden’s application until after Turkey’s May 14 election at the earliest. Even then, it is unclear what would trigger a change of heart by President Tayyip Erdogan. Hungary is seen following […]

By Karen Freifeld and Jody Godoy NEW YORK (Reuters) -Donald Trump, the ex-president and front-runner for the Republican nomination in 2024, will appear in court on Tuesday to be fingerprinted, photographed and formally charged in a watershed moment ahead of next year’s presidential election. Indicted last week, Trump is the first sitting or former president to face criminal charges, over a case involving a 2016 hush-money payment to porn star […]

By Mark Miller (Reuters) – The forecast for Social Security got a bit more cloudy last week, with the program’s trustees projecting that the critical retirement program will run short of cash one year earlier than had been forecast last year.     But if the headlines stemming from the annual report of the Social Security trustees jangled you, take a deep breath. The report, released on March 31, forecasts that the […]

(Reuters) – The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect its stability, staff economists from the International Monetary Fund said on Tuesday. The release of the research comes a week before the IMF and World Bank convene a semi-annual gathering of central bankers and finance ministers in Washington, amid the fallout from last month’s […]

By Suleiman Al-Khalidi AMMAN (Reuters) -The U.S. military killed a senior Islamic State leader in Syria on Monday, U.S. Central Command (CENTCOM) said on Tuesday, another blow to a group that was driven from its self-declared caliphate years ago but is still widely deemed a threat. CENTCOM named him as Khalid ‘Aydd Ahmad al-Jabouri in a statement, saying he was responsible for planning Islamic State attacks in Europe and Turkey […]

(Reuters) -Russian investigators on Tuesday charged Darya Trepova, a 26-year-old woman, with terrorism offences over the killing of pro-war blogger Vladlen Tatarsky in a bomb blast in St Petersburg. Tatarsky, a cheerleader for Russia’s military campaign in Ukraine whose real name was Maxim Fomin, was killed on Sunday in a cafe where he was due to talk. The Investigative Committee, which probes major crimes, said it had charged Trepova with […]

BERLIN (Reuters) -Germany’s federal office of justice has started proceedings to fine Twitter, accusing the social media company of mishandling user complaints over “illegal” content, a statement said on Tuesday. Several instances of content published on Twitter were reported to the office, “which the authority considers illegal and, despite user complaints, was not deleted or blocked by the provider within the legally stipulated periods,” the statement said. Twitter did not […]