Town Hall News

By Svea Herbst-Bayliss and Carolina Mandl BEVERLY HILLS (Reuters) -Investors breathed easier on Monday after a weekend auction found a buyer for troubled First Republic Bank, though some said they were worried the crisis in regional banks is not over and hedge funds bet other dominos may still fall. As Wall Street money managers, banking executives and pension fund managers gathered at the Milken Institute Global Conference, the main topic […]

(Reuters) -Tesla Inc has raised prices for its Model Y and Model 3 variants by the equivalent of about $300 in the United States, China, Japan and Canada, after having slashed prices on its top selling vehicles since the start of the year. The U.S. automaker has raised the starting price point on the Model Y and Model 3 electric vehicles in the U.S. by $250, its website showed – […]

JERUSALEM (Reuters) -Khader Adnan, a member of Palestinian militant group Islamic Jihad who was accused by Israel of terror charges, died in an Israeli prison on Tuesday after an 87-day hunger strike, prison authorities said. Israel said Adnan “refused to undergo medical tests and receive medical treatment” and “was found unconscious in his cell” early on Tuesday morning. Israeli prison authorities said Adnan was evacuated to hospital after failed attempts […]

JERUSALEM (Reuters) -Khader Adnan, who was affiliated with the Palestinian militant Islamic Jihad group, died in an Israeli prison on Tuesday after an 87-day hunger strike, Israeli prison authorities said. Israel said Adnan “refused to undergo medical tests and receive medical treatment” and “was found unconscious in his cell” early on Tuesday morning. “Our fight is continuing and the enemy will realize once again that its crimes will not pass […]

By David Shepardson and Tiyashi Datta (Reuters) -Lordstown Motors warned on Monday it might be forced to file for bankruptcy due to uncertainty over a $170 million investment deal with its major shareholder Foxconn, sending shares of the Ohio-based electric truck maker down 23%. Foxconn struck a deal in November to take a near-20% stake in the money-losing U.S. firm for up to $170 million. It has since invested $52.7 […]

By Hyonhee Shin SEOUL (Reuters) -South Korea has upgraded its U.S. alliance, President Yoon Suk Yeol said on Tuesday, as he briefed his cabinet on a trip to the United States which pledged more South Korean insight into nuclear planning in the event of war with North Korea. Yoon held a summit with U.S. President Joe Biden in Washington last week as anxiety grows in South Korea over North Korea’s […]

By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said on Monday it expected to receive next-generation delivery vehicles in June 2024, nine months behind a prior schedule. In March 2022, the USPS placed an initial $2.98 billion order for 50,000 next-generation delivery vehicles from Oshkosh Corp and previously said it expected to begin receiving deliveries in October 2023. USPS disclosed the delay on Monday in a court […]

(Reuters) – Russia unleashed a fresh volley of missiles on Ukraine overnight, killing two people, setting off huge blazes and damaging dozens of homes and other buildings in Pavlohrad, city and railway hub in the east. FIGHTING * The White House estimated that Russia’s military has suffered 100,000 casualties in the last five months in fighting against Ukraine in the Bakhmut region, including 20,000 deaths, half from the Wagner mercenary […]

By Ben Kellerman NEW YORK (Reuters) – An enormous fluffy, white, blue-eyed Burmese cat mascot ascended the Metropolitan Museum of Art steps on Monday in homage to Karl Lagerfeld’s beloved pet “Choupette,” who later revealed himself as actor Jared Leto, bringing a whole new meaning to this year’s Met Gala dress code “in honor of Karl.” In another homage to the famous feline, American rapper and singer Doja Cat wore […]