Town Hall News

By Virginia Furness LONDON (Reuters) -A member of a United Nations-backed coalition of insurance firms and pension funds seeking to tackle climate change told Reuters it was considering quitting after disagreements about curbing investment in the oil and gas sector split the group. Danish pension fund AkademikerPension may leave the Net Zero Asset Owner Alliance because new requirements detailed in a position paper for its 85 members do not attach […]

By Brendan O’Brien and Steve Gorman CHICAGO (Reuters) – A fierce tornado blasted through Little Rock, Arkansas, on Friday, ripping away roofs and walls from many buildings, uprooting trees, flipping over vehicles and leaving hundreds of people injured, according to media reports. The University of Arkansas for Medical Sciences declared a mass-casualty event after a “catastrophic” tornado hit Little Rock on Friday, a CBS affiliate reported, adding hundreds of people […]

By Steve Holland ROLLING FORK, Mississippi (Reuters) -U.S. President Joe Biden on Friday consoled families of victims and toured scenes of devastation in a Mississippi town after storms last week killed 26 people and destroyed homes and property in Mississippi and Alabama. Biden and first lady Jill Biden drove through Rolling Fork, Friday afternoon, viewing the damage left by a powerful tornado that reduced many of the community’s 400 houses […]

WILMINGTON, Delaware (Reuters) – A jury will decide whether Fox Corp defamed Dominion Voting Systems with false vote-rigging claims aired by Fox News after the 2020 U.S. election, a Delaware judge ruled on Friday, dealing a setback to the media company, which had sought to avoid a trial in the $1.6 billion lawsuit. Delaware Superior Court Judge Eric Davis denied motions from Fox and partially granted Dominion motions to resolve […]

By Tom Hals, Jonathan Stempel and Helen Coster WILMINGTON, Delaware (Reuters) -A jury will decide whether Fox Corp defamed Dominion Voting Systems with false vote-rigging claims aired by Fox News after the 2020 U.S. election, a Delaware judge ruled on Friday, dealing a setback to the media company, which had sought to avoid a trial in the $1.6 billion lawsuit. Delaware Superior Court Judge Eric Davis denied motions from Fox […]

By Christinne Muschi and Steve Scherer AKWESASNE, Quebec (Reuters) -Police in Canada recovered two more bodies, including that of a missing infant, near the U.S.-Canada border on Friday, bringing the total to eight victims from two families who died this week trying to enter the U.S. from Canada by boat across the St. Lawrence River. “Two additional bodies have been recovered, one an infant, a Canadian citizen of Romanian descent, […]

NEW YORK (Reuters) – A U.S. judge on Friday dismissed lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of engaging in market manipulation before the collapse of Bill Hwang’s investment firm Archegos Capital Management LP. U.S. District Judge Paul Crotty in Manhattan rejected claims that the Wall Street banks, two of Archegos’ prime brokers, should be liable for selling several Archegos-linked stocks while possessing inside knowledge […]

BUENOS AIRES (Reuters) -Argentina has resumed poultry shipments weeks after imposing an export ban after bird flu was detected in the local industry, state safety regulator Senasa said on Friday, providing access to key export markets for the major agricultural producer. Uruguay approved new export certificates for poultry products from Argentina, Senasa said in its statement following a meeting with WTO-ComPS sanitary officials from the World Trade Organization in Geneva. […]

By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street rallied more than 1% on Friday and the Nasdaq notched its biggest quarterly percentage gain since June 2020, as signs of cooling inflation bolstered hopes the Federal Reserve might soon end its aggressive interest rate hikes. The S&P 500 closed at its highest level since Feb. 15 and posted a second straight quarter of gains, led by the technology sector’s 21.5% […]