Town Hall News

(Reuters) – The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the operations of its peer-to-peer payments network CashApp. The order includes a redress to consumers of up to $120 million and a penalty of $55 million into the CFPB’s victims relief fund. (Reporting by Manya Saini in Bengaluru; Editing by Tasim Zahid) Brought to you by www.srnnews.com

By Michal Yaakov Itzhaki and Janis Laizans KFAR SAVA, Israel (Reuters) – News that Israel and Hamas have reached a hostage release deal after 15 months of war in Gaza is bittersweet for Ruth Strum — one of her sons is expected to be freed, but a second will be left behind in captivity for now. “It is not easy for a mother to hear this,” Strum told Reuters, wearing […]

(Reuters) – E-commerce tech startup Rokt said on Thursday it has agreed to a secondary share offering worth $335 million with investors including Tiger Global Management, in a deal that values the company at $3.5 billion. Rokt, which uses artificial intelligence and machine learning to analyze online shoppers and their engagement with products and services, was valued at $2.4 billion at the end of 2022. Other investors included investment firm […]

By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission said Thursday it is rejecting complaints over an ABC-moderated September presidential debate and Vice President Kamala Harris’ appearances on CBS’ “60 Minutes” and NBC’s “Saturday Night Live.” Outgoing FCC Chair Jessica Rosenworcel also told Reuters the agency was rejecting a petition not to renew the license of a Philadelphia FOX station because the station’s owner Fox also owns Fox News, […]

ATHENS, Greece (AP) — The European Union’s new commissioner for migration and internal affairs, Magnus Brunner, was in Athens on Thursday for policy talks with Greece, which has long been one of the major entry points into the bloc for migrants. Brunner, an Austrian conservative who took up the post late last year, has previously spoken about a need to bolster EU policy on deportations, a controversial issue within the […]

ATHENS, Greece (AP) — The European Union’s new commissioner for migration and internal affairs, Magnus Brunner, was in Athens on Thursday for policy talks with Greece, which has long been one of the major entry points into the bloc for migrants. Brunner, an Austrian conservative who took up the post late last year, has previously spoken about a need to bolster EU policy on deportations, a controversial issue within the […]

COLUMBUS, Ohio (AP) — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned 4,000 jobs to the area’s burgeoning high-tech sector, state officials announced Thursday. The Cosa Mesa, California-based defense technology company plans to begin construction of what it’s calling “Arsenal 1” as soon as state and local approvals are secured. The 5 million-square-foot (464,515-square-meter) facility will be located […]

COLUMBUS, Ohio (AP) — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned 4,000 jobs to the area’s burgeoning high-tech sector, state officials announced Thursday. The Cosa Mesa, California-based defense technology company plans to begin construction of what it’s calling “Arsenal 1” as soon as state and local approvals are secured. The 5 million-square-foot (464,515-square-meter) facility will be located […]

Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop. Retail sales rose 0.4% in December from the previous month, the Commerce Department said Thursday, though down from November’s upwardly revised 0.8% gain. The figures suggest that even as many Americans are struggling with higher prices and elevated interest rates, a low unemployment rate and […]