Town Hall News

WASHINGTON (Reuters) – Allies of Mike Pence launched a Super PAC on Tuesday to garner support for the former vice president as he moves toward an expected run for the 2024 Republican presidential nomination. The political action committee will be led by former U.S. Representative Jeb Hensarling and longtime Republican strategist Scott Reed, the group said in a statement. “Mike Pence is the conservative leader our nation needs at this […]

By Patricia Zengerle WASHINGTON (Reuters) -Three of President Joe Biden’s cabinet members will testify on China policy at a U.S. Senate hearing on Tuesday, a rare joint appearance underscoring Washington’s focus on competing with the rising Asian power. Secretary of State Antony Blinken, Secretary of Defense Lloyd Austin and Secretary of Commerce Gina Raimondo will be witnesses at a 2 p.m. EDT (1800 GMT) Senate Appropriations Committee hearing on Biden’s […]

BERLIN (Reuters) – SAP on Tuesday raised its 2025 total revenue outlook for continuing operations by around 4 billion euros ($4.40 billion) and announced a share buyback of up to 5 billion euros, boosted by strong demand for its cloud business. For 2025, the company now expects revenue of more than 37.5 billion euros with cloud revenue of more than 21.5 billion euros. It now sees non-IFRS operating profit of […]

By Diane Bartz and Zeba Siddiqui WASHINGTON (Reuters) – The CEO of OpenAI, the startup behind ChatGPT, told a Senate panel on Tuesday the use of artificial intelligence to interfere with election integrity is a “significant area of concern”, adding that it is an area that needs regulation. “I think we also need rules, guidelines, on what’s expected in terms of disclosure from a company providing a model,” Sam Altman […]

By Dietrich Knauth NEW YORK (Reuters) – Johnson & Johnson has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that its Baby Powder and other talc products cause cancer. J&J subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday that details how the company intends to pay different types of cancer victims […]

By Lori Ewing MANCHESTER, England (Reuters) – Treble-chasing Manchester City may be on a quest for their first Champions League title but manager Pep Guardiola said claiming the trophy will not define his team’s legacy or his own. “My legacy, our legacy is exceptional already,” Guardiola told a press conference on Tuesday, with a smile.” City host holders Real Madrid in the second leg of their semi-final on Wednesday, following […]

By Lori Ewing MANCHESTER, England (Reuters) – Treble-chasing Manchester City may be on a quest for their first Champions League title but manager Pep Guardiola said claiming the trophy will not define his team’s legacy or his own. “My legacy, our legacy is exceptional already,” Guardiola told a press conference on Tuesday, with a smile.” City host holders Real Madrid in the second leg of their semi-final on Wednesday, following […]

By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit down on Tuesday to try to make progress on a deal to raise the U.S. government’s $31.4 trillion debt ceiling and avert an economically catastrophic default. They have little time to reach an agreement. The U.S. Treasury Department on Monday reiterated its warning that it could run short of money […]

By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit down on Tuesday to try to make progress on a deal to raise the U.S. government’s $31.4 trillion debt ceiling and avert an economically catastrophic default. They have little time to reach an agreement. The U.S. Treasury Department on Monday reiterated its warning that it could run short of money […]