Town Hall News

By Stephen Nellis (Reuters) -Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major factory, Apple said. Broadcom were up 2.2% after the announcement, hitting […]

WASHINGTON (Reuters) -U.S. President Joe Biden has nominated Air Force Lieutenant General Timothy Haugh to be the new leader of both the National Security Agency (NSA) and U.S. Cyber Command, Politico reported on Tuesday. The report cited an Air Force notice sent out Monday. Haugh is now the deputy commander of the military’s U.S. Cyber Command, reporting to the current NSA and Cyber Command chief, Paul Nakasone. The NSA is […]

By Daniel Trotta (Reuters) – A Florida restaurant that puts on what it calls family-friendly drag performances sued Governor Ron DeSantis and the state of Florida on Monday to halt enforcement of a new law banning minors from attending such shows. Hamburger Mary’s, an Orlando bar and restaurant that presents drag show performances, comedy sketches and dancing, filed the suit in federal court in response to the law, which the […]

By Caroline Valetkevitch NEW YORK (Reuters) – Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results from companies including BJ’s Wholesale Club Holdings provided more disappointments from the industry. Shares of BJ’s were down 6.6% and earlier hit their lowest level since July 2022 after the company reported quarterly revenue that missed analysts’ expectations. Shares of its bigger rival, Costco Wholesale, were down […]

WASHINGTON (Reuters) -The U.S. Senate’s top Democrat said on Tuesday that he and President Joe Biden’s administration were engaging allies and businesses to address China’s ban on sales of memory chips made by U.S.-based Micron Technology Inc. The restrictions this week by China’s cyberspace regulator against Micron, the biggest U.S. memory chipmaker, were the latest in a widening trade dispute between the world’s top two economies. “The Chinese government’s announced […]

By Steve Scherer OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau’s government did not knowingly ignore intelligence of Chinese meddling, said a special rapporteur named to investigate media leaks alleging China had sought to influence elections and policy. In March the government asked David Johnston, who formerly served as Canada’s governor general, to be a special rapporteur and investigate leaks citing intelligence reports alleging multiple cases of meddling. “I have not […]

WASHINGTON (Reuters) – U.S. President Joe Biden has nominated Air Force Lieutenant General Timothy Haugh to be the new leader of both the National Security Agency and U.S. Cyber Command, Politico reported on Tuesday. The report cited an Air Force notice sent out Monday. (Reporting by Paul Grant and Doina Chiacu; Editing by Rami Ayyub) Brought to you by www.srnnews.com

By Shreyashi Sanyal and Shristi Achar A (Reuters) – Wall Street indexes were subdued on Tuesday as talks over increasing the U.S. debt limit stretched to another round, keeping investors jittery on prospects of an unprecedented government default. White House and congressional Republican negotiators will meet again later in the day to discuss how to raise the $31.4 trillion debt ceiling, with just nine days left for the deadline. This […]

By Andrew Gray BRUSSELS (Reuters) – European Union countries have provided 220,000 artillery shells to Ukraine under a landmark scheme launched two months ago to ramp up supplies of ammunition to Kyiv to help fight off Russia’s invasion, the EU foreign policy chief said on Tuesday. Josep Borrell said EU states had also given 1,300 missiles under the scheme and were on track to hit a target of supplying 1 […]