Town Hall News

(Reuters) – Russia will remain banned from international basketball with its men’s national team not being allowed to participate in this year’s Pre-Olympic Qualification Tournaments, FIBA’s Executive Committee announced on Tuesday. Russia who were 12th at the previous FIBA Men’s World Cup in 2019, last qualified for the Olympics in 2012, winning bronze medal with a line-up that included former NBA player Andrei Kirilenko. “Following the IOC recommendations on the […]

By Helen Coster and Jack Queen WILMINGTON, Delaware (Reuters) -Fox Corp and Fox News on Tuesday settled a defamation lawsuit by Dominion Voting Systems for $787.5 million, averting a high-profile trial putting one of the world’s top media companies in the crosshairs over its coverage of false vote-rigging claims in the 2020 U.S. election. The settlement was announced by the two sides and the judge in the case at the […]

By Natasha Ribeiro and Tyler Clifford NEW YORK (Reuters) -A four-story parking facility collapsed in New York City’s lower Manhattan near Pace University and the New York Stock Exchange on Tuesday, killing at least one worker and injuring five others who were inside the structure, authorities said. Emergency personnel using robotic devices after firefighters were pulled back from the fallen structure due to unstable conditions checked the site for any […]

By Kim Kyung-Hoon, Satoshi Sugiyama and Tom Bateman TOKYO (Reuters) – Mutsuhiko Nomura’s soccer career has spanned 18 World Cups, or 70 years, to be exact. Now the silver-maned former Japanese national team player is a member of the brand new over-80 division of Tokyo’s “Soccer For Life” (SFL) league, which played its first match this month. The sprightly 83-year-old and his teammates are among a growing number of seniors […]

By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and his wife Jill released their federal tax return on Tuesday, showing the couple earned nearly $580,000 last year and paid an effective federal income tax rate of 23.8%. The Bidens also donated roughly 3.5% of their income, or $20,180, to 20 charities, including one associated with U.S. police unions. The annual disclosure ahead of the deadline at midnight Tuesday for […]

(Reuters) – Australian financial services firm AMP Ltd said on Wednesday net cash outflows for its flagship Australian wealth management business were 30% lower in the March quarter, while the banking unit’s credit quality remained strong. AMP Bank’s loan book grew over the first quarter compared with the previous three months, while lending margins were largely in line with what they were a year earlier. The company also said momentum […]

(Reuters) -The Russian-installed head of the Moscow-controlled part of Ukraine’s Donetsk region met Belarusian President Alexander Lukashenko in Minsk on Tuesday and said he had discussed ways of boosting trade. The visit by Denis Pushilin prompted Ukraine to protest about what it called a “blatantly unfriendly act” by Belarus, a close ally of Russia that allowed Moscow’s forces to use its territory as a launching pad for the February 2022 […]

By Svea Herbst-Bayliss (Reuters) – Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787.5 million windfall after Fox Corp settled a defamation lawsuit brought by the voting machine operator. The New York-based private equity firm stands to earn a return that dwarfs the $38.3 million it paid in 2018 to acquire a 76.2% stake in Dominion. The $787.5 million Dominion will […]

MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Tuesday accused the Pentagon of spying on his government following leaks in U.S. media, and said he would begin classifying information from the armed forces to protect national security. His comments came several days after the Washington Post reported on apparent tensions between Mexico’s Navy and the Army, citing a U.S. military briefing revealed in online leaks of secret U.S. […]