Town Hall News

By David Shepardson and Tiyashi Datta (Reuters) -Lordstown Motors warned on Monday it might be forced to file for brankruptcy 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 Kevin Buckland TOKYO (Reuters) – The yen continued its steep descent on Tuesday, reaching a 15-year low to the euro, as the implications of a steadfastly dovish Bank of Japan kept foreign exchange markets busy engaging in so called ‘carry-trades’. The Aussie dollar kept near the middle of its recent trading range with the greenback ahead of the Reserve Bank of Australia’s (RBA) policy decision at 0430 GMT, with […]

NEW YORK (Reuters) -Serena Williams confirmed she is expecting baby number two on Monday, telling reporters at the star-studded Met Gala in New York that there were “three of us” on the red carpet, where she arrived with husband Alexis Ohanian. The 23-times major winner announced last year that she was “evolving away from tennis,” writing in a Vogue magazine article that she wanted to grow her family after welcoming […]

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told his counterpart Ferdinand Marcos Jr. on Monday that the U.S. commitment to the defense of its ally was “ironclad,” including in the South China Sea where Manila is under pressure from China. Marcos, on the first White House visit by a Philippines leader in 10 years, stressed the importance of the United States as his country’s […]

By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Japan and South Korea held their first bilateral finance leaders’ meeting in seven years on Tuesday, a sign relations between the two are thawing amid shared challenges from geopolitical tensions and slowing economic growth. The resumption of bilateral financial talks comes ahead of Japanese Prime Minister Fumio Kishida’s planned visit to South Korea next week for talks with President Yoon […]

By Ben Kellerman and Doyinsola Oladipo NEW YORK (Reuters) – American basketball star Brittney Griner stepped onto the red carpet at the star-studded Met Gala on Monday, embracing a larger spotlight months after returning home from detention in a Russian penal colony. The twice Olympic champion has pledged to advocate for the release of other Americans detained abroad after she was freed from Russia in a high-profile prisoner exchange after […]

NEW YORK (Reuters) – Serena Williams confirmed she is expecting baby number two on Monday, telling reporters at the star-studded Met Gala in New York that there were “three of us” on the red carpet, where she arrived with husband Alexis Ohanian. The 23-times major winner announced last year that she was “evolving away from tennis,” writing in a Vogue magazine article that she wanted to grow her family after […]

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told his counterpart Ferdinand Marcos Jr. on Monday that the U.S. commitment to the defense of its ally was “ironclad,” including in the South China Sea where Manila is under pressure from China. Marcos, on the first White House visit by a Philippines leader in 10 years, stressed the importance of the United States as his country’s […]

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told his counterpart Ferdinand Marcos Jr. on Monday that the U.S. commitment to the defense of its ally was “ironclad,” including in the South China Sea where Manila is under pressure from China. Marcos, on the first White House visit by a Philippines leader in 10 years, stressed the importance of the United States as his country’s […]