Town Hall News

BERLIN (Reuters) – Germany’s engineering firm Siemens wants to raise the share of software and digital business sales in the group to around 20% in the long term, its Chief Executive Roland Busch was quoted as saying as the company seeks growth in that market. Busch said he was very confident that the company could reach its target of digital growth of more than 10% this year, despite the ongoing […]

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have clocked in at an eight-month high of 7.1% in March, according to a Reuters poll of analysts, piling pressure on the government as it looks to tame spiraling prices that have pushed up poverty levels. The South American country is battling annual inflation above 100%, one of the highest levels globally, which saps earning power and […]

(Reuters) -Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed consumer prices cooled faster than expected in March. Goldman Sachs had previously expected consecutive rate hikes at the Fed’s May and June meetings. Economists led by Jan Hatzius said in the research note they still expect a rate hike in […]

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In its statement, the committee said that Chairman Jim Jordan and others asked Chair Lina Khan about its probe of Twitter following its acquisition by Elon Musk. The committee said that Khan did not adequately respond to them or […]

By Mike Scarcella (Reuters) – A U.S. judge on Tuesday approved a $75 million settlement between Smithfield Foods Inc and a class of consumers who accused the pork producer of conspiring to restrict supply in order to keep prices artificially high. U.S. District Judge John Tunheim in Minneapolis called the resolution “fair, reasonable, and adequate” in his order approving the deal. “The settlement class members’ positive reaction supports final approval,” […]

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In its statement, the committee said that Chairman Jim Jordan and others asked Chair Lina Khan about its probe of Twitter following its acquisition by Elon Musk. The committee said that Khan did not adequately respond to them or […]

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In its statement, the committee said that Chairman Jim Jordan and others asked Chair Lina Khan about its probe of Twitter following its acquisition by Elon Musk. The committee said that Khan did not adequately respond to them or […]

By Joseph Ax (Reuters) – New York City’s unending war on rats has a new commanding general. Mayor Eric Adams on Wednesday announced that Kathleen Corradi, an education department employee, has been appointed New York’s first-ever “rat czar,” part of Adams’ effort to combat a growing rodent population in the county’s most populous city. “You’ll be seeing a lot of me – and a lot less rats,” Corradi, whose official […]

By Joseph Ax (Reuters) – New York City’s unending war on rats has a new commanding general. Mayor Eric Adams on Wednesday announced that Kathleen Corradi, an education department employee, has been appointed New York’s first-ever “rat czar,” part of Adams’ effort to combat a growing rodent population in the county’s most populous city. “You’ll be seeing a lot of me – and a lot less rats,” Corradi, whose official […]