Town Hall News

By Aditya Soni and Chavi Mehta (Reuters) -Canada on Friday approved Rogers Communications Inc’s C$20 billion ($14.8 billion) buyout of Shaw Communications after securing binding commitments to pay financial penalties if it failed to create new jobs and invest to expand its network. The final nod from Minister of Innovation, Science and Industry Francois-Philippe Champagne capped two years of antitrust uncertainty and paves the way for the creation of Canada’s […]

(Reuters) – Federal Reserve Board Governor Lisa Cook on Friday said she will weigh signs of momentum in inflation against potential economic headwinds from recent turmoil in the banking sector in an effort to calibrate the right level of interest rates to bring down inflation amid uncertainty. “On the one hand, if tighter financing conditions restrain the economy, the appropriate path of the federal funds rate may be lower than […]

QUITO (Reuters) – Ecuador’s government on Friday raised the number of dead from a landslide in the Andean city of Alausi to 23, while rescue teams continued to look for missing people. The incident took place on Sunday night in a part of the city, which is located in the province of Chimborazo. The landslide has affected some 850 people and destroyed 57 buildings, according to official figures. The number […]

By Tom Hals, Jonathan Stempel and Helen Coster WILMINGTON, Delaware (Reuters) – A jury will decide whether Fox Corp defamed Dominion Voting Systems with false vote-rigging claims aired by Fox News after the 2020 U.S. election, a Delaware judge ruled on Friday, dealing a setback to the media company that had sought to avoid a trial in the $1.6 billion lawsuit. Delaware Superior Court Judge Eric Davis denied motions from […]

WASHINGTON (Reuters) – Four major U.S. wireless carriers said late on Friday they had agreed to some voluntary commitments to address lingering aviation safety concerns and allow full use of the C-Band wireless spectrum for 5G use. “These voluntary commitments will support full-power deployments across C-Band, and are crafted to minimize the operational impact on our C-Band operations,” said the letter from Verizon, AT&T, T-Mobile US and USCellular filed with […]

WASHINGTON (Reuters) – The U.S. plans to open an embassy in the South Pacific island nation of Vanuatu, the State Department said on Friday, as Washington seeks to counter China’s growing influence in the region. “Consistent with the U.S. Indo-Pacific strategy, a permanent diplomatic presence in Vanuatu would allow the U.S. Government to deepen relationships with Ni-Vanuatu officials and society,” the department said in a statement. The U.S. currently has […]

WASHINGTON (Reuters) – Democratic U.S. Senator John Fetterman has been discharged from hospital where he was treated for weeks for depression, his office said on Friday, adding he will return to the Senate mid-April. Fetterman’s depression is now in remission, his office said, citing a doctor. The return of Fetterman, who flipped a Republican-held seat in last November’s midterm elections, will be good news for Democrats, who hold a narrow […]

By Virginia Furness LONDON (Reuters) -A member of a United Nations-backed coalition of insurance firms and pension funds seeking to tackle climate change told Reuters it was considering quitting after disagreements about curbing investment in the oil and gas sector split the group. Danish pension fund AkademikerPension may leave the Net Zero Asset Owner Alliance because new requirements detailed in a position paper for its 85 members do not attach […]

By Brendan O’Brien and Steve Gorman CHICAGO (Reuters) – A fierce tornado blasted through Little Rock, Arkansas, on Friday, ripping away roofs and walls from many buildings, uprooting trees, flipping over vehicles and leaving hundreds of people injured, according to media reports. The University of Arkansas for Medical Sciences declared a mass-casualty event after a “catastrophic” tornado hit Little Rock on Friday, a CBS affiliate reported, adding hundreds of people […]