Town Hall News

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told Philippines President Ferdinand Marcos Jr. at the White House 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 […]

By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told Philippines President Ferdinand Marcos Jr. at the White House 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 […]

By Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden and Philippines President Ferdinand Marcos Jr. will agree on Monday to new guidelines for stronger military cooperation, U.S. officials said, underscoring a dramatic turnaround in U.S.-Philippine relations over the past year. The guidelines focus on military coordination across land, sea, air, space and cyberspace, while the U.S. administration will also transfer three C-130 aircraft and look to send additional […]

By Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden and Philippines President Ferdinand Marcos Jr. will agree on Monday to new guidelines for stronger military cooperation, U.S. officials said, underscoring a dramatic turnaround in U.S.-Philippine relations over the past year. The guidelines focus on military coordination across land, sea, air, space and cyberspace, while the U.S. administration will also transfer three C-130 aircraft and look to send additional […]

By Krystal Hu and Jane Lanhee Lee (Reuters) – Longtime Kleiner Perkins partner Wen Hsieh is leaving the Silicon Valley venture capital establishment to start a fund with backing from the firm and Taiwanese chipmaker TSMC, sources told Reuters. Hsieh is in advanced talks to raise $200 million from limited partners including Kleiner Perkins and TSMC for the new fund called Matter Ventures. A Kleiner Perkins spokesperson confirmed Hsieh’s departure […]

NEW YORK (Reuters) – U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank and braced for another expected interest rate hike from the Federal Reserve this week. The KBW regional banking index fell sharply, while shares of JPMorgan Chase & Co, which won the auction of First Republic, rose. JPMorgan will pay the U.S. Federal Deposit Insurance Corp $10.6 billion to […]

By El Tayeb Siddig and Nafisa Eltahir KHARTOUM (Reuters) -The United Nations warned on Monday that 800,000 people may flee Sudan as rival military factions battled in the capital despite a supposed ceasefire and foreign states wound down evacuations. Hundreds of people have been killed and thousands wounded over 16 days of battles since disputes between the Sudanese army and the paramilitary Rapid Support Forces (RSF) erupted into conflict on […]

By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial whistleblowers to win retaliation lawsuits against their employers as the justices took up a long-running case involving Switzerland’s UBS Group AG. The justices will hear an appeal by Trevor Murray, a former UBS bond strategist, of a lower court’s decision to throw out his 2021 lawsuit that accused the company […]

(Reuters) – “Multiple fatalities” have been reported and dozens of other people wounded on Monday in car crashes along Interstate 55 in southern Illinois during a dust storm, state police said. (Reporting by Dan Whitcomb and Steve Gorman; Editing by Tim Ahmann) Brought to you by www.srnnews.com