Town Hall News

By Phil Stewart WASHINGTON (Reuters) -Twenty-two U.S. service members were injured in a helicopter “mishap” in northeast Syria on Sunday, the U.S. military said late on Monday, without disclosing the cause of the incident or detailing the severity of the injuries. The U.S. military’s Central Command said 10 service members were evacuated to higher-level care facilities outside the region. Central Command, which oversees U.S. troops in the Middle East, said […]

By Stella Qiu SYDNEY (Reuters) -Australian business and consumer surveys showed on Tuesday that storm clouds were gathering for the economy, with a slowdown in business activity accelerating and spending confidence staying near recession levels, amid warnings of more rate hikes to come. A survey from National Australia Bank (NAB) that is closely watched by the Reserve Bank of Australia (RBA) showed its index of business conditions fell by a […]

(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s initial public offering (IPO), a source familiar with the matter told Reuters on Monday. Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April. Arm’s designs are used in the manufacturing of chips made by […]

(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s initial public offering (IPO), a source familiar with the matter told Reuters on Monday. Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April. Arm’s designs are used in the manufacturing of chips made by […]

TOKYO (Reuters) – Toyota Motor has unveiled a range of technologies to improve the range, performance and cost of electric vehicles (EVs) that it plans to introduce in the second half of the decade. The Japanese automaker, which has been criticised by some investors for being slow to roll out battery electric models, said it expects annual sales of 1.5 million EVs by 2026. Toyota released a technology briefing, including […]

(Reuters) – The actor Treat Williams, known for his roles in Hair and Everwood, was killed in a motorcycle accident on Monday, his longtime agent said. Barry McPherson, Williams’ agent for 15 years, confirmed that the actor was killed when the motorcycle he was driving was involved in an accident with a car in Dorset, Vermont. Williams was 71. People magazine, citing Jacob Gribble, the fire chief in Dorset, reported […]

HONG KONG (Reuters) – Hong Kong police arrested a man on Tuesday who spray painted anti-American graffiti on the wall and a gate of the city’s U.S. consulate, police and media said. Footage from Broadcaster Now TV showed the word “hegemony” in English and the words “double standards” in simplified Chinese characters, which are used in mainland China. The incident comes as tensions are high between China and the United […]

(Reuters) – The U.S. Central Command said late on Monday that a helicopter mishap in northeastern Syria on Sunday resulted in injuries of various degrees to 22 service members. (Reporting by Kanjyik Ghosh in Bengaluru; Editing by Kim Coghill) Brought to you by www.srnnews.com

By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said, the latest cost-cutting move at the Japanese conglomerate. The layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in U.S., one of the people added. SoftBank’s […]