Town Hall News

By Mike Stone WASHINGTON (Reuters) -The Pentagon overestimated the value of the ammunition, missiles and other equipment it sent to Ukraine by around $3 billion, a Senate aide and a defense official said on Thursday, an error that may lead the way for more weapons being sent to Kyiv for its defense against Russian forces. The error was the result of assigning a higher than warranted value on weaponry that […]

By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters. In a reply on Wednesday to proxy advisor Glass Lewis, Exxon said the prospect of the world achieving net-zero carbon dioxide emissions by 2050 is remote and should not be further evaluated […]

ROME (Reuters) – U.S. rock legend Bruce Springsteen came under criticism in Italy for going ahead with a concert in Ferrara on Thursday evening after the northern Emilia-Romagna region was battered by floods that left at least nine people dead. Fans of “The Boss” took to social networks to urge him and its staff to reconsider in a sign of respect for the eleven dead and the thousands evacuated from […]

By Claudia Greco and Antonio Denti CESENA, Italy (Reuters) -Floods that killed at least 13 people in Italy’s northern Emilia-Romagna region caused billions of euros’ worth of damage and hit agriculture particularly hard, the regional governor said on Thursday. Torrential rains this week devastated the eastern side of the region, known as Romagna, with up to 300 landslides, 23 overflowing rivers, some 400 roads damaged or destroyed, and 42 flooded […]

(Reuters) – OpenAI, the company behind the ChatGPT chatbot, said on Thursday it is introducing the ChatGPT app for Apple’s iOS. (Reporting by Tiyashi Datta in Bengaluru; Editing by Shounak Dasgupta) Brought to you by www.srnnews.com

(Reuters) – U.S. tech research and advisory firm Forrester Research has decided to close its office in mainland China after the country’s government increased scrutiny on western consultancies. A company spokesperson said on Thursday the closure was part of a broader global restructuring plan, with the majority in the U.S., driven by an unsteady economy. Overseas business lobbies in China have said they were unnerved by a sweeping crackdown on consultancies […]

By Timothy Aeppel CHICAGO (Reuters) – For Matthew Prange, it’s easy to see why the inflation surge of the last two years has proven so difficult for the Federal Reserve to tame. “When prices go up, it tends to stick,” said Prange, who oversees $3 billion worth of purchases of electronic parts, plastics, and metal as the top supply chain manager at Milwaukee Tool, a venerable Wisconsin toolmaker owned by […]

WASHINGTON (Reuters) – A group of U.S. Senate Democrats including Bernie Sanders and Elizabeth Warren urged President Joe Biden in a letter on Thursday to prepare to invoke the Constitution’s 14th Amendment to avoid a debt default if negotiations fail. (Reporting by Jasper Ward and Paul Grant; Editing by Doina Chiacu) Brought to you by www.srnnews.com

ROME (Reuters) – U.S. rock legend Bruce Springsteen came under criticism in Italy for going ahead with a concert in Ferrara on Thursday evening after the northern Emilia-Romagna region was battered by floods that left at least nine people dead. Fans of “The Boss” took to social networks to urge him and its staff to reconsider in a sign of respect for the eleven dead and the thousands evacuated from […]