Town Hall News

By Jibran Ahmad PESHAWAR, Pakistan (Reuters) -Two explosions in a counter-terrorism ammunition depot in northwest Pakistan killed at least 13 people and wounded over 50 on Monday, police said. Provincial police chief Akhtar Hayat said the explosions rocked the counter-terrorism office in northwestern Swat valley, which was previously long controlled by Islamist militants before they were flushed out in a military operation in 2009. His spokesman said in a statement […]

By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden will veto congressional efforts to overturn his solar tariff waiver for four Southeast Asian nations for two years, the White House said on Monday. In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge” while U.S. manufacturing ramps up enough to supply the domestic projects needed to achieve climate […]

By Rich McKay (Reuters) – The former Minneapolis-area police officer convicted of killing Daunte Wright was released from prison on Monday after serving part of her sentence for the fatal shooting that took place while another white officer was on trial for George Floyd’s murder in a nearby courtroom. Kimberly Potter, now 50, was found guilty of first- and second-degree manslaughter in the 2021 shooting of Wright, a 20-year-old Black […]

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The Nasdaq underperformed the S&P 500 and the Dow on Monday, pressured by high-profile megacaps as investors awaited results from companies including Microsoft while Tesla shares fell on concerns about its spending plans. Tesla Inc slid 2% after the automaker raised its 2023 capital expenditure forecast to ramp up output, weighing down consumer discretionary stocks. It was the second biggest […]

By Tatiana Bautzer NEW YORK (Reuters) – Climate protesters spray painted graffiti on Citigroup Inc and Bank of America Corp. offices in New York’s Bryant Park on Monday, accusing the banks of being “climate criminals” a day before the lenders are scheduled to hold their annual shareholder meetings. “The largest banks in the world invest hundreds of billions of dollars in new fossil fuel infrastructure,” said Jim Gordon, one of […]

By Fabian Cambero SANTIAGO (Reuters) – Chile’s government will start talks with lithium giant SQM over its operations in the Atacama “this semester” to convince the firm to sign onto a state-led public-private model, the economy minister told Reuters on Monday, and aims to wrap up dialogue over boosting state control over lithium during the current government.    In his first interview with international media since the government announced plans for […]

By Laura Sanicola (Reuters) -Oil prices settled higher on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world’s largest oil importer. Brent crude settled up $1.07, or 1.3%, at $82.73 a barrel while U.S. West Texas Intermediate crude settled up 89 cents, or 1.1%, at $78.76. Last week, both contracts fell more than 5% for their first weekly declines in […]

(Reuters) – Rising concerns that the U.S. Treasury Department could hit its debt limit in the coming months are leading investors to shun certain Treasury bills and pour into others as they seek out low risk places to park cash. Congress will need to raise the U.S. debt ceiling or risk a catastrophic debt default, with analysts predicting the Treasury is most likely to run out of funds in July […]

By Helen Coster (Reuters) – Fox News Media and top-rated host Tucker Carlson have agreed to part ways, it said, less than a week after the media company and its parent Fox Corp settled a defamation lawsuit by Dominion Voting Systems for $787.5 million. Carlson was expected to be a key witness in the trial centering around Fox’s false claims that the 2020 presidential election had been manipulated in favor […]