Town Hall News

By Kristina Cooke, Mica Rosenberg and Joshua Schneyer (Reuters) – U.S. Democratic Senator Cory Booker will introduce legislation Tuesday that aims to deter child labor at meatpacking plants by barring some offending companies from important government contracts, the latest response to a rise in underage labor in dangerous U.S. industries. The bill Booker’s office shared with Reuters, called the Child Labor Exploitation and Accountability Act, would prevent companies that commit […]

By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden is pairing the veteran advisers who helped him win the White House once with a newer generation of diverse leadership for his 2024 re-election campaign. Biden aides see former President Donald Trump as the early front-runner for the Republican nomination, as do most Republican voters, polls show. Biden aides say they take the challenge of running against […]

By Jane Lanhee Lee OAKLAND, California (Reuters) – Terra Quantum, a quantum computer hardware and software startup based in Germany and Switzerland, said on Tuesday it has developed quantum algorithms to speed up the design process for machines to mix fluids. The algorithms were created together with German specialty chemical firm Evonik Industries by simulating quantum computers, which are still not viable for commercial use. Mixing two chemicals together to […]

By Kristina Cooke, Mica Rosenberg and Joshua Schneyer (Reuters) – U.S. Democratic Senator Cory Booker will introduce legislation Tuesday that aims to deter child labor at meatpacking plants by barring some offending companies from important government contracts, the latest response to a rise in underage labor in dangerous U.S. industries. The bill Booker’s office shared with Reuters, called the Child Labor Exploitation and Accountability Act, would prevent companies that commit […]

A look at the day ahead in U.S. and global markets from Mike Dolan Bombarded by incoming corporate earnings updates and increasingly wary of tense geopolitics, world markets appear to have turned sour again on financial stocks as the full extent of March bank stress unfolds. Shares in First Republic Bank, one of the most hit regional banks during last month’s blowup, sank 22% ahead of Tuesday’s open after it […]

WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday officially launched his candidacy to seek a second White House term in 2024, according to a campaign video posted online. (Reporting by Steve Holland and Trevor Hunnicutt; Additional reporting by Susan Heavey; Editing by Robert Birsel) Brought to you by www.srnnews.com

By Noele Illien and Stefania Spezzati ZURICH (Reuters) -UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the “hard” task of swallowing fallen rival Credit Suisse. Sergio Ermotti, brought back as UBS chief executive to steer the takeover, said it aims to close the deal with fellow Zurich-based […]

By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year guidance for sales and profit on Tuesday, dispelling some of the recent gloom which has gathered around the industrial sector. The Swiss maker of factory robots and chargers for electric vehicles said it had seen a strong start to the year as it reported first-quarter profit and revenue both ahead of forecasts. “During the quarter we have been very strong […]

By James Mackenzie and Hannah Confino JERUSALEM (Reuters) – Israel celebrates its 75th anniversary this week in a fractious and uncertain mood, overshadowed by a battle over the judiciary that has opened up some of the deepest social divisions since the foundation of the country in 1948. Memorial Day on Tuesday, honouring the country’s military dead, and Independence Day a day later have traditionally served as markers of unity in […]