Town Hall News

(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion) (Reuters) – OpenAI, the company behind the ChatGPT chatbot, has closed a more than $300 million share sale at a valuation between $27 billion and $29 billion, TechCrunch reported on Friday. (This story has been corrected to say a $300 million share sale, not $10 billion or $10.3 billion, in the headline and […]

By Farah Master and Xiaoyu Yin HONG KONG/BEIJING (Reuters) – As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution. The divorced 33-year-old lives in Chengdu, capital of the southwestern Sichuan province, which legalised registration of children by unmarried women in February, something China is considering implementing nationwide to address record low birth rates. The changes mean unmarried women can take paid […]

By Douglas Gillison (Reuters) -The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for contributing to the second-largest bank failure in U.S. history, appearing to take a clear stand on an acrimonious policy divide in Washington. Amid the turmoil that Silicon Valley Bank’s implosion unleashed on the financial system last month, some Republicans and industry advocates have argued strenuously that a 2018 roll-back of […]

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden made his pitch for re-election on Friday night to a small group that may prove essential to his candidacy: the wealthy. Biden, who launched his bid for the 2024 presidential election in a video posted online on Tuesday, gathered fewer than 200 of the top donors and volunteer fundraisers from his last bid for office at the five-star Salamander hotel […]

By Farah Master and Xiaoyu Yin HONG KONG/BEIJING (Reuters) – As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution. The divorced 33-year-old lives in Chengdu, capital of the southwestern Sichuan province, which legalised registration of children by unmarried women in February, something China is considering implementing nationwide to address record low birth rates. The changes mean unmarried women can take paid […]

By Farah Master and Xiaoyu Yin HONG KONG/BEIJING (Reuters) – As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution. The divorced 33-year-old lives in Chengdu, capital of the southwestern Sichuan province, which legalised registration of children by unmarried women in February, something China is considering implementing nationwide to address record low birth rates. The changes mean unmarried women can take paid […]

By Farah Master and Xiaoyu Yin HONG KONG/BEIJING (Reuters) – As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution. The divorced 33-year-old lives in Chengdu, capital of the southwestern Sichuan province, which legalised registration of children by unmarried women in February, something China is considering implementing nationwide to address record low birth rates. The changes mean unmarried women can take paid […]

By Farah Master and Xiaoyu Yin HONG KONG/BEIJING (Reuters) – As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution. The divorced 33-year-old lives in Chengdu, capital of the southwestern Sichuan province, which legalised registration of children by unmarried women in February, something China is considering implementing nationwide to address record low birth rates. The changes mean unmarried women can take paid […]

By Jack Queen (Reuters) – A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender’s executives for allegedly hiding risks that led to its stunning downfall, legal experts said. The Fed took its own share of the blame for SVB’s sudden collapse in March but also concluded that “foundational and widespread managerial weaknesses” at the […]