Town Hall News

TAIPEI (Reuters) -Ten Chinese aircraft crossed the median line of the Taiwan Strait, normally an unofficial barrier between the two sides, Taiwan’s defence ministry said on Saturday, as Beijing continues its military activities near the island. Nine Chinese fighter jets and one military drone crossed the median line in the 24 hours to 6 a.m. on Saturday (2000 GMT on Friday), the ministry said in its daily report on Chinese […]

By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government announced on Friday a lower than expected 1.1% average cut of 2024 reimbursement rates for health insurers that offer coverage through the Medicare Advantage program, boosting shares of the market’s largest players. It improved the rates it would pay insurers after pushback from the industry, which contended the government was cutting reimbursement rates by too much for them to adequately serve […]

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a global $115 billion package to support the country’s economy as it battles Russia’s 13-month-old invasion. The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, and requires Ukraine to carry out ambitious reforms, especially in […]

By David Shepardson and David Lawder WASHINGTON (Reuters) -The U.S. Treasury Department unveiled stricter electric vehicle tax rules on Friday that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new requirements take effect. The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and are part of President Joe Biden’s effort to […]

By Brendan O’Brien and Steve Gorman (Reuters) -A fierce tornado blasted through Little Rock, Arkansas, and adjacent towns on Friday, ripping away roofs and walls from many buildings, flipping over vehicles, and injuring dozens of people. The University of Arkansas for Medical Sciences hospital, the region’s only major trauma center, declared a level-1 mass casualty alert after the tornado struck Little Rock, the state’s capital and most populous city, at […]

By Jonathan Stempel NEW YORK (Reuters) – Bed Bath & Beyond Inc was sued on Friday by Mark Tritton, who was ousted last June as chief executive of the troubled home goods retailer, in a complaint accusing the company of failing to honor his $6,765,000 severance agreement. According to the complaint filed in a New York state court in Manhattan, Tritton said Bed Bath & Beyond stopped making required bi-monthly […]

CAIRO (Reuters) – The signing of a final political agreement‮ ‬in Sudan was delayed due to a lack of ‮”‬consensus on some outstanding issues‮”‬, the spokesperson of the negotiation process said early on Saturday in a statement. The final accord to name a civilian government this month and launch a new transition towards elections was originally to be signed on Saturday. Disagreements surfaced this week over the timeline for integrating […]

TAIPEI (Reuters) – Ten Chinese aircraft crossed the median line of the Taiwan Strait, normally an unofficial barrier between the two sides, Taiwan’s defence ministry said on Saturday, as Beijing continues its military activities near the island. Nine Chinese fighter jets and one military drone crossed the median line in the 24 hours to 6 a.m. on Saturday (2000 GMT on Friday), the ministry said in its daily report on […]

TAIPEI (Reuters) – Ten Chinese aircraft crossed the median line of the Taiwan Strait, normally an unofficial barrier between the two sides, Taiwan’s defence ministry said on Saturday, as Beijing continues its military activities near the island. Nine Chinese fighter jets and one military drone crossed the median line in the 24 hours to 6 a.m. on Saturday (2000 GMT on Friday), the ministry said in its daily report on […]