Town Hall News

By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board (NTSB) will hold a two-day investigative hearing June 22-23 on the Feb. 3 Norfolk Southern derailment in East Palestine, Ohio, board chair Jennifer Homendy said on Tuesday. Earlier this month, a U.S. Senate panel approved rail safety legislation that tightens rules on trains carrying explosive substances like the Norfolk Southern-operated train that derailed in Ohio in which cars carrying […]

(Reuters) -A Russian court on Tuesday extended for three months the pre-trial detention of Wall Street Journal reporter Evan Gershkovich, who was arrested in March on espionage charges, which he and his employer deny. The FSB security service arrested Gershkovich, a U.S. citizen, on March 29 in the Urals city of Yekaterinburg accusing him of collecting secrets about Russia’s military industrial complex. He was initially ordered held until May 29 […]

(Reuters) – Vedanta Group, the promoter of metals-to-oil conglomerate Vedanta Ltd, has signed a five-year loan for about $850 million with JPMorgan and Oaktree, Bloomberg News reported, citing people familiar with the matter. The billionaire Anil Agarwal-led group is relying on money from its units to tackle its debt burden, after its efforts to sell some zinc assets to Hindustan Zinc Ltd for $3 billion failed. Earlier this month, Vedanta […]

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the […]

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the […]

By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives’ committee on China said on Tuesday. The restrictions this week by China’s cyberspace regulator against Micron, the biggest U.S. memory […]

(Reuters) – Belarus President Alexander Lukashenko appeared in public on Tuesday and dismissed talk he was seriously ill, telling officials, “I’m not going to die, guys,” according to a video shown by a state-run media outlet said. Lukashenko, 68, is one of Russian President Vladimir Putin’s closest allies. Rumours about the state of his health have circulated since he appeared at a military parade in Moscow on May 9, looking […]

By David Morgan, Richard Cowan and Jarrett Renshaw WASHINGTON (Reuters) -Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of progress as the deadline to raise the government’s $31.4 trillion borrowing limit or risk default ticked closer.     The two parties remain deeply divided about how to rein in the federal deficit, with Democrats arguing wealthy Americans and businesses […]

(Corrects paragraph 16 to Representative Ralph Norman instead of Chip Roy) By David Morgan, Richard Cowan and Jarrett Renshaw WASHINGTON (Reuters) -Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of progress as the deadline to raise the government’s $31.4 trillion borrowing limit or risk default ticked closer.     The two parties remain deeply divided about how to rein […]