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Suzuki Motor former boss Osamu Suzuki, who turned the minicar maker into a global player, dies at 94

TOKYO (AP) — Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died, the company said Friday. He was 94. Suzuki was known for his candid remarks and friendliness, calling himself an “old guy from a small to mid-size company.” He became CEO of Suzuki in 1978 and was leading the company when it became the first Japanese automaker to start local production in India, where […]

December 27, 2024

Town Hall News

Father of Raiders star Malcolm Koonce fights to erase 1983 conviction DA says was tainted by police

NEW YORK (AP) — Years before Las Vegas Raiders defensive end Malcolm Koonce was born, his father spent time in prison for an armed robbery conviction that prosecutors now say was tainted by a detective’s lies and “highly suggestive” photo identification techniques. Jeffrey Koonce, now 67, will ask a suburban New York judge on Friday to vacate his conviction for a 1981 robbery at Vernon Stars Rod and Gun Club in Mount Vernon, where three people were struck by shotgun […]

December 27, 2024 1

Town Hall News

Trump’s first actions and job data to test market in January

By Laura Matthews NEW YORK (Reuters) – After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose almost 27% in 2024 through Dec. 26, while the technology-heavy Nasdaq Composite index , which surpassed 20,000 for the first time in December, is up 33.4%. November through January is traditionally a strong […]

December 27, 2024 1

Town Hall News

Ukraine sends food aid to Syria, says Zelenskiy

KYIV (Reuters) – Ukraine, a global producer and exporter of grain and oilseeds, has sent its first batch of food aid to Syria, President Volodymyr Zelenskiy said on Friday. Zelenskiy said that 500 metric tons of wheat flour were already on their way to Syria as part of Ukraine’s humanitarian “Grain from Ukraine” initiative in cooperation with the United Nations World Food Programme. “The wheat flour is planned to be distributed to 33,250 families or 167,000 people, in the coming […]

December 27, 2024

Town Hall News

Wall St futures ease as strong holiday-shortened week draws to a close

(Reuters) – U.S. stock index futures fell on Friday at the end of an upbeat holiday-shortened week for Wall Street’s main indexes that was driven by expectations around a traditionally strong period for markets. The Dow closed higher for the sixth consecutive session on Thursday in thin year-end trading, while higher U.S. Treasury yields weighed on some heavyweight tech and growth stocks. At 05:09 a.m. ET on Friday, Dow E-minis were down 119 points, or 0.27%, and S&P 500 E-minis […]

December 27, 2024

Town Hall News

Who is Choi Sang-mok, South Korea’s second acting president in weeks?

By Cynthia Kim SEOUL (Reuters) – Finance Minister Choi Sang-mok became on Friday South Korea’s second acting president in two weeks, as lawmakers voted to impeach the current acting leader, Prime Minister Han Duck-soo, fuelling political uncertainty in Asia’s fourth-largest economy. Han was replaced amid disagreements with the opposition on appointing justices to the Constitutional Court, which started deliberating an impeachment trial of President Yoon Suk Yeol after the opposition-led parliament impeached him on Dec. 14 for his short-lived declaration […]

December 27, 2024

Town Hall News

Putin says Slovakia could host peace talks with Ukraine

MOSCOW (Reuters) – Russian President Vladimir Putin said on Thursday that Russia is open to a Slovakian proposal to host peace talks with Ukraine to end a conflict he said Russia was determined to bring to a conclusion. Putin, who this week hosted Slovakian Prime Minister Robert Fico in the Kremlin, said that Fico, an outspoken opponent of European Union military support for Ukraine, had offered his country as a host to talks between Russia and Ukraine. Putin said the […]

December 27, 2024

Town Hall News

German president dissolves parliament for Feb. 23 snap elections

BERLIN (Reuters) -President Frank-Walter Steinmeier on Friday dissolved Germany’s lower house of parliament to pave the way for snap elections on Feb. 23 following the collapse of Chancellor Olaf Scholz’s three-way coalition. “Especially in difficult times, like now, stability requires a government capable of acting, and reliable majorities in parliament,” which was why early elections were the right way forward for Germany, Steinmeier said in Berlin. After the elections, problem-solving must become the core business of politics again, added Steinmeier […]

December 27, 2024

Town Hall News

Germany’s president dissolves parliament, sets national election for Feb. 23

FRANKFURT, Germany (AP) — German President Frank-Walter Steinmeier on Friday ordered parliament dissolved and set new elections for Feb. 23 in the wake of the collapse of Chancellor Olaf Scholz’s governing coalition. Scholz lost a confidence vote on Dec. 16 and leads a minority government after his unpopular and notoriously rancorous three-party coalition collapsed on Nov. 6 when he fired his finance minister in a dispute over how to revitalize Germany’s stagnant economy. Leaders of several major parties then agreed […]

December 27, 2024 1