Town Hall News

NEW YORK (Reuters) – A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club: U.S. companies that have reached $1 trillion in market value. Nvidia’s market cap ended at about $990.7 billion on Tuesday, according to Reuters data, after hitting $1 trillion during the session. Only seven U.S. companies have eclipsed that lofty mark, beginning with Apple nearly five years ago. While Apple has […]

SEOUL/TOKYO (Reuters) -North Korea launched what it called a space satellite toward the south on Wednesday, South Korea’s military said, prompting emergency alerts and evacuation warnings in parts of South Korea and Japan. Air raid sirens wailed across the South Korean capital of Seoul around 6:32 a.m. (2132 GMT Tuesday) as the city issued a warning asking citizens to prepare for potential evacuation. The Japanese government issued an emergency warning […]

By Sinéad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp’s blistering rally in recent days, the chip developer’s valuation has actually fallen, at least by one measure widely used by analysts and investors.     The chip developer has risen more than 31% in the last three sessions including a 3% gain on Tuesday to $401.11. At one point during the session, its market capitalization surpassed […]

SEOUL/TOKYO (Reuters) -North Korea launched what it called a space satellite toward the south on Wednesday, South Korea’s military said, prompting emergency alerts and evacuation warnings in parts of South Korea and Japan. Air raid sirens wailed across the South Korean capital of Seoul around 6:32 a.m. (2132 GMT Tuesday) as the city issued a warning asking citizens to prepare for potential evacuation. The Japanese government issued an emergency warning […]

SEOUL (Reuters) -North Korea fired what it called a space satellite toward the south on Wednesday, South Korea’s military said. Sirens were heard across Seoul around 6:32 a.m. (2132 GMT Tuesday) as the city issued a warning asking citizens to prepare for potential evacuation. North Korea has said it will launch its first military reconnaissance satellite between May 31 and June 11 to boost monitoring of U.S. activities. (Reporting by […]

By Sinéad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) – Even after Nvidia Corp’s blistering rally in recent days, the chip developer’s valuation has actually fallen, at least by one measure widely used by analysts and investors.     The chip developer has risen more than 31% in the last three sessions including a 3% gain on Tuesday to $401.11. At one point during the session, its market capitalization […]

By Kanishka Singh WASHINGTON (Reuters) -The former head of Wells Fargo & Co’s retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about sales practices used to inflate a performance metric, the SEC said on Tuesday. Carrie Tolstedt was charged in 2020 for her role in allegedly misleading investors about the success of Wells Fargo’s core business. Tolstedt […]

By Emma Farge GENEVA (Reuters) -The United Nations human rights chief said on Tuesday he has formally conveyed his concerns over a new British migration law to the government, saying he was worried it would bar people from seeking asylum. Stopping small boat arrivals across the Channel from France is a priority for British Prime Minister Rishi Sunak and the Illegal Migration Bill was approved by parliament’s lower house in […]

By Kanishka Singh WASHINGTON (Reuters) -The former head of Wells Fargo & Co’s retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about sales practices used to inflate a performance metric, the SEC said on Tuesday. Carrie Tolstedt was charged in 2020 for her role in allegedly misleading investors about the success of Wells Fargo’s core business. Tolstedt […]