Town Hall News

ROME (Reuters) – Serie A club AS Roma on Tuesday named former Olympiakos Piraeus CEO Lina Souloukou as their new Chief Executive Officer and General Manager, effective immediately. Her appointment came a day after Roma sacked their previous CEO Pietro Berardi, due to reported disagreements between him and the club’s ownership. “Lina is an experienced, respected and trusted leader in both football and business and we are delighted to welcome […]

(Reuters) – Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the cryptocurrency market hurt some chip companies including Nvidia Corp, whose high-end graphics chips became popular for crypto mining. Intel expects to stop taking orders for the series, called Blockscale, by October 20 this year and end shipping by April 20 next year, […]

WASHINGTON (Reuters) – The U.S. Justice Department announced new charges on Tuesday against four Americans in Florida and three Russians for allegedly working on behalf of Moscow “to conduct a multi-year foreign malign influence campaign in the United States.” The superseding indictment from a federal grand jury in Tampa adds charges to Moscow resident Aleksandr Viktorovich Ionov and also names Russian Federal Security Service (FSB) officers Aleksey Borisovich Sukhodolov and […]

By Guy Faulconbridge and Andrew Osborn MOSCOW (Reuters) -A Moscow court on Tuesday rejected an appeal from U.S. journalist Evan Gershkovich to be freed from pre-trial detention, meaning he will stay in a former KGB prison until at least May 29 while a spying case against him is investigated. Gershkovich, a reporter for the Wall Street Journal, denies the espionage charges. He looked calm and smiled as he stood in […]

(Reuters) – Public broadcaster Canadian Broadcasting Corporation (CBC) on Tuesday pushed back against Twitter’s move to label it “69% government funded media,” saying it had complete editorial independence. The Elon Musk-owned social media platform had on Sunday stamped CBC with a label that said it was government-funded media, after placing similar notices for U.S. broadcasters NPR and PBS. “Canadian Broadcasting Corp said they’re ‘less than 70% government-funded’, so we corrected […]

(Reuters) -Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed to send out notices of safety defect within the prescribed time period of 60 days, the statement said, and the company will pay a fine of $360,000. “It is alarming that Hyundai failed to notify vehicle owners of a recall […]

By Cecile Mantovani ZURICH (Reuters) – The skeleton of a giant Tyrannosaurus Rex, a creature that roamed the Earth 67 million years ago, sold for 5.5 million Swiss francs ($6.13 million), less than expected, in Zurich on Tuesday. Measuring 3.9 metres (12.8 feet) high and 11.6 metres (38.1 feet) long, TRX-293 TRINITY is a composite skeleton of 293 bones from three different T-Rexs found between 2008 and 2023 in the […]

By Richard Cowan WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives on Tuesday held a “robust” discussion over Speaker Kevin McCarthy’s plans for raising the federal debt limit and cutting future government spending, amid signs of discontent ranging from far-right to more moderate wings of the party. On Monday, McCarthy outlined a plan for extending the government’s borrowing authority through sometime next year. He said it would have […]

WASHINGTON (Reuters) – White House economist Jared Bernstein said the Biden administration is closely tracking developments in commercial real estate after recent strains in the banking sector, given that many smaller and mid-sized banks have “non-trivial” holdings in commercial real estate. Bernstein told the Senate Committee on Banking, Housing and Urban Affairs that occupancy rates in commercial real estate were well below pre-COVID levels and delinquincies had risen a bit […]