Town Hall News

(Reuters) -Palo Alto Networks Inc raised its full-year forecasts for adjusted profit and revenue on Tuesday as clients looking to reduce costs shift their spending to bigger cybersecurity firms with better integrated offerings. Shares of the Santa Clara, California-based company rose 4% to $197.2 in volatile trading after the bell. A rise in cyber crime and the growing digital presence of businesses and governments have fed demand for cybersecurity software, […]

By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly $62 million from investors for a sham cannabis business. Since at least June 2019, Rolf Max Hirschmann and Patrick Earl Williams promised investors returns as high as 36% on funds they said would go toward […]

By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly $62 million from investors for a sham cannabis business. Since at least June 2019, Rolf Max Hirschmann and Patrick Earl Williams promised investors returns as high as 36% on funds they said would go toward […]

NEW YORK (Reuters) – Wall Street stocks finished sharply lower on Tuesday and short-term Treasury yields shot up as investor jitters grew over a lack of progress in U.S. debt limit talks. Representatives of U.S. President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday, as the deadline drew closer to raise the government’s $31.4 trillion borrowing limit or risk default. Debt limit worries pushed […]

By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ output cuts. Brent crude futures rose 85 cents, or 1.1%, to settle at $76.84 a barrel, while the U.S. West Texas Intermediate crude (WTI) ended at $72.91 a barrel, up 86 cents, or 1.2%. Both benchmarks […]

KINSHASA (Reuters) – Democratic Republic of Congo on Tuesday made another formal referral to the International Criminal Court (ICC) to ensure the court will focus on what it calls the systematic pillaging of its natural resources in eastern Congo by the Rwanda Defence Forces (RDF) and the M23 rebel group. The ICC already has an ongoing investigation into eastern Congo since 2004 and it is not clear if the new […]

By Mohamed Nureldin and Khalid Abdelaziz KHARTOUM (Reuters) -Artillery fire could be heard in parts of Khartoum and warplanes flew overhead on Tuesday, residents said, though an internationally monitored ceasefire appeared to have brought some respite from heavy fighting in the Sudanese capital. Night-time airstrikes were reported in at least one area after the ceasefire started late on Monday, but residents otherwise reported relative calm. The truce was agreed at […]

WASHINGTON (Reuters) – The Justice Department on Tuesday asked an appeals court panel to dismiss its appeal and vacate an April 2021 ruling that declared unlawful a government order requiring masks on airplanes other transportation modes as moot. A three-judge panel of the 11th Circuit Court of Appeals in January heard arguments on the Biden Administration’s appeal of a ruling by a U.S. district court judge in Florida that found […]

By Tyler Clifford (Reuters) – Some 2,000 Illinois children were sexually abused by Roman Catholic clergy between the 1950s and 2010s, the state attorney general said in a report released on Tuesday that also detailed how abuse was often tolerated and concealed by Church leaders. The 696-page report, released by Illinois Attorney General Kwame Raoul, substantiated claims of abuse made against 451 Catholic clerics and religious brothers in the state’s […]