Town Hall News

By Chris Prentice and Hannah Lang NEW YORK (Reuters) -The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the definition of an “exchange,” clarifying that its existing rules on exchanges also apply to decentralized cryptocurrency platforms. The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in […]

By Alexandra Ulmer INDIANAPOLIS, Indiana (Reuters) – White House Republican hopefuls including Donald Trump descend on Indianapolis for the annual NRA conference on Friday, highlighting the gun lobby’s continued political potency even as the U.S. reels from the latest spate of mass shootings. The conference of the National Rifle Association, the country’s leading gun-rights advocacy group, is taking place at a key moment in the Republican presidential campaign. A number […]

By Ethan Wang, Ryan Woo and Lisandra Paraguassu BEIJING/BRASILIA (Reuters) – Brazil reset its diplomatic ties with China, its largest trading partner, with a state visit on Friday where they agreed to boost investments and cooperation on technology and sustainable development, while urging peace talks in Ukraine. Brazilian President Luiz Inacio Lula da Silva and several of his ministers signed the accords with President Xi Jinping and other Chinese officials […]

By Ethan Wang, Ryan Woo and Lisandra Paraguassu BEIJING/BRASILIA (Reuters) – Brazil reset its diplomatic ties with China, its largest trading partner, with a state visit on Friday where they agreed to boost investments and cooperation on technology and sustainable development, while urging peace talks in Ukraine. Brazilian President Luiz Inacio Lula da Silva and several of his ministers signed the accords with President Xi Jinping and other Chinese officials […]

By Ethan Wang, Ryan Woo and Lisandra Paraguassu BEIJING/BRASILIA (Reuters) – Brazil reset its diplomatic ties with China, its largest trading partner, with a state visit on Friday where they agreed to boost investments and cooperation on technology and sustainable development, while urging peace talks in Ukraine. Brazilian President Luiz Inacio Lula da Silva and several of his ministers signed the accords with President Xi Jinping and other Chinese officials […]

BRASILIA (Reuters) – Brazil’s Supreme Court has ordered former President Jair Bolsonaro to testify before federal police within 10 days about the Jan. 8 storming of government buildings by his supporters, a document seen by Reuters showed on Friday. Ruling in favor of a request filed by prosecutors, Justice Alexandre de Moraes said Bolsonaro’s testimony was “an indispensable measure to the complete clarification of the investigated facts.” Supporters of far-right […]

(Reuters) – Finland’s embassy in Moscow has received a letter containing an unknown powder and has reported the matter to the Russian authorities, Russian foreign ministry spokeswoman Maria Zakharova said on Friday. Relations between Moscow and Helsinki have deteriorated sharply since Finland formally joined NATO on April 4, becoming the 31st member of the U.S.-led military alliance. Finland shares a long land border with Russia. The embassy informed Russia’s foreign […]

By Tatiana Bautzer and Mehnaz Yasmin (Reuters) – Citigroup Inc’s first-quarter profit beat Wall Street expectations as it earned more from borrowers paying higher interest on loans. While its net interest income rose 23% to $13.3 billion, Citi also set aside $241 million to cover potential loan losses, from $138 million a year earlier, according its results reported on Friday. Citi earned $1.86 per share in the first quarter, beating […]

(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the report, which added he is also in discussions with some investors in SpaceX and Tesla Inc about putting money into his new venture. Musk did not immediately […]