Town Hall News

(Reuters) -The judge overseeing the $1.6 billion defamation lawsuit by Dominion Voting Systems against Fox News said on Wednesday he was imposing a sanction on the network and very likely would investigate whether Fox’s legal team withheld evidence, the New York Times reported. Delaware Superior Court Judge Eric Davis issued the sanction after Dominion’s lawyers revealed instances in which Fox’s attorneys did not turn over evidence in a timely manner, […]

By Dawn Chmielewski -Warner Bros Discovery Inc on Wednesday announced it will launch on May 23 its long-awaited new streaming service, christened “Max”, which combines HBO Max’s scripted entertainment with Discovery’s reality shows. The service will seek to expand its reach beyond devotees of HBO’s acclaimed and edgy shows by incorporating more unscripted fare and children’s programming. “This is our time, this is our chance,” said Chief Executive David Zaslav […]

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday called for continued significant aid to Ukraine as it battles against Russia’s invasion, and lauded Ukrainian authorities for their focus on good governance and anti-corruption. Yellen, who paid a surprise visit to Kyiv in February, spoke at the start of a ministerial meeting on Ukraine during the spring meetings of the International Monetary Fund, where Ukrainian President […]

By Howard Schneider WASHINGTON (Reuters) -Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a forecast from Fed staff that banking sector stress would tip the economy into recession. But even they concluded high inflation remained so paramount they pressed on with a rate hike despite the risk. After an unexpectedly complex debate that reshaped some policy views in real […]

By Omar Younis and Jonathan Allen MEMPHIS, Tennessee (Reuters) – Local government officials in Memphis, Tennessee, voted on Wednesday to return the second of two Democratic state lawmakers who were expelled last week for protesting gun violence on the chamber floor. In a rare rebuke last week, Republicans who control the state House of Representatives voted to kick out Justin Jones and Justin Pearson, two Black men in their late […]

By Leah Douglas WASHINGTON (Reuters) – Meat companies should examine their supply chains for evidence of child labor, the Biden administration said in a letter sent to top meatpacking companies on Wednesday. The letter is part of an effort by several agencies, led by the Department of Labor, to curb the use of illegal child labor across sectors. Since 2018, illegal employment of children has risen 69% in the U.S., […]

WARSAW (Reuters) – Poland aims to become the service centre for U.S.-made Abrams tanks in Europe, Prime Minister Mateusz Morawiecki said on Wednesday during a visit to the United States. “I want a service centre for Abrams tanks for the whole of Europe, for maintaining their battle readiness, to be located in Poland. This is possible, I am in talks regarding this…,” Morawiecki told a press conference in Anniston, Alabama […]

By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its future after months of effort devoted to collecting resources and figuring out what went wrong […]

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop hiking rates after a possible increase in May. The Consumer Price Index (CPI) climbed 0.1% last month, below economists’ expectations for a 0.2% gain, and down from a 0.4% increase in February. In the 12 months through […]