Town Hall News

By Chris Prentice (Reuters) – Massachusetts’ highest court on Wednesday will consider whether to revive a state fiduciary duty rule that was central to an enforcement action securities regulators filed against the online brokerage Robinhood. A subsidiary of Robinhood Markets Inc and Massachusetts Secretary of State Bill Galvin will argue before the state’s Supreme Judicial Court about a 2020 state regulation that placed a fiduciary duty on broker-dealers. Robinhood has […]

By Mark Trevelyan (Reuters) – Russia accused Ukraine on Wednesday of attacking the Kremlin with drones overnight in a failed attempt to kill President Vladimir Putin. A senior Ukrainian presidential official said Kyiv had nothing to do with the purported incident, the most dramatic accusation Russia has levelled against Ukraine since invading its neighbour more than 14 months ago. The Kremlin said two drones had been used in the alleged […]

(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government requested advice on how to respond to AI from Australia’s main science advisory body and is considering next steps, a […]

(Reuters) – Belgium’s former Olympic road race champion Greg Van Avermaet will retire at the end of the season, his AG2R CITROEN team said on Wednesday. The 37-year-old classics specialist crowned his career at the 2016 Rio Olympics when he won a thrilling men’s race. “A great adventure is ending and I’m a little sad. This decision was very difficult to make, but when I look in the rear view […]

MOSCOW (Reuters) – A video circulating on Russian social media on Wednesday appeared to show a plume of smoke over Moscow’s Kremlin, after what the presidential administration said was a Ukrainian drone attack aimed at President Vladimir Putin, who has a residence in the walled complex. The video was posted in the early hours of Wednesday on a group for residents of a neighbourhood that faces the Kremlin across the […]

By Fransiska Nangoy and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s investment minister said on Wednesday that copper miner Freeport Indonesia must agree to sell an additional 10% stake to the government, as negotiations get underway for the U.S. company to extend its permit to operate in the country. Bahlil Lahadalia said the government will seek the cheapest pricing possible to increase its stake from 51% to 61% in Freeport-McMoRan’s Indonesian […]

BERLIN (Reuters) -Ukrainian President Volodymyr Zelenskiy will travel to Berlin on May 13 at the invitation of German Chancellor Olaf Scholz and then on to Aachen the next day to receive the 2023 Charlemagne prize, police and media reports said on Wednesday. According to a report by the Berlin daily Tagesspiegel, Zelenskiy will be received by Scholz with military honours before flying to Aachen in western Germany. “At the invitation […]

By Julie Steenhuysen and Deena Beasley CHICAGO (Reuters) -An experimental Alzheimer’s drug developed by Eli Lilly and Co slowed cognitive decline by 35% in a closely watched late-stage trial, the company said on Wednesday, raising hopes for a second effective treatment for the brain-wasting disease. The drug, donanemab, met all goals of the trial. It slowed progression of Alzheimer’s by 35% to 36% compared to a placebo in 1,182 people […]

By Gabriela Baczynska BRUSSELS (Reuters) – The European Union executive proposed new laws on Wednesday to step up fighting corruption through aligning definitions and penalties for graft crimes across the bloc, as well as introducing sanctions for corrupt foreigners. The draft new EU laws would take effect if approved by all 27 member countries, as well as the European Parliament, which was rocked last year by a major corruption scandal […]