Town Hall News

By Abigail Summerville (Reuters) – OneLife Fitness, a U.S. operator of health and fitness clubs that is partly owned by private equity investor Josh Harris, is exploring a sale that could value it at around $700 million, including debt, three people familiar with the matter said. The McLean, Virginia-based company, which is majority-owned by the family office that invests Harris’ wealth and private equity firm Delos Capital, is working with […]

WASHINGTON (Reuters) – Former White House Chief of Staff Mark Meadows filed notice on Tuesday seeking to move a case brought against him by the district attorney in Georgia’s Fulton County to federal court, according to a court document. Meadows, who served in the Trump administration, was among those charged with former U.S. President Donald Trump for trying to overturn his 2020 election defeat to Democrat Joe Biden. (Reporting by […]

By Sinéad Carew and Shristi Achar A (Reuters) -The S&P 500 index edged higher on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded the outlook about when the U.S. central bank might start cutting interest rates. Vice Chair for Supervision Michael Barr said he believes the Fed is at or near the peak of interest rate hikes, but San Francisco Fed chief Mary Daly and […]

WASHINGTON (Reuters) – The U.S. State Department has designated Kata’ib Sayyid al-Shuhada (KSS) and its secretary general as specially designated global terrorists, the agency said on Friday. “KSS terrorist activity has threatened the lives of both U.S. and Global Coalition to Defeat ISIS personnel in Iraq and Syria,” Secretary of State Antony Blinken said in a statement. (Reporting by Eric Beech; writing by Paul Grant; editing by Jasper Ward) Brought […]

MOMBASA (Reuters) – Heavy rains pounded the streets of Kenyan coastal city of Mombasa, with some passengers evacuated from a flooded bus by holding on to a rope amid chest-high water. Others stood on top of the bus with umbrellas and raincoats as they waited for their turn to pull themselves to safety in Kisauni district, nearly 500 km (310 miles) from the capital Nairobi. At least 46 people have […]

By Ju-min Park SEOUL (Reuters) – South Korea aims to ban eating dog meat and put an end to the controversy over the ancient custom amid growing awareness of animal rights, a ruling party policy chief said on Friday. The Korean practice of eating dog has drawn criticism from overseas for its cruelty but there has also been increasing opposition at home, particularly from the younger generation. “It is time […]

(Reuters) -ChatGPT maker OpenAI said on Friday Sam Altman will depart as the company’s chief executive officer after the board found he was “not consistently candid in his communications”. OpenAI’s Chief Technology Officer Mira Murati will serve as interim CEO, the company said, adding that it will conduct a formal search for a permanent CEO. “Altman’s departure follows a deliberative review process by the board, which concluded that he was […]

(Reuters) -Ukraine and the United States will hold a military industry conference in Washington on Dec. 6 and 7, Ukrainian and U.S. officials said on Friday. Kyiv is ramping up efforts to produce its own weapons amid concerns that supplies from the West might be faltering. It also hopes joint ventures with international armament producers can help revive its domestic industry. Adrienne Watson, spokesperson for the U.S. National Security Council, […]

By Valerie Insinna NEW YORK (Reuters) – Brazilian planemaker Embraer expects its revenue to grow by about 20% in 2024, its chief executive said on Friday. CEO Francisco Gomes Neto, in an interview with Reuters, cautioned that the company’s official financial forecast would not be available until early next year, but said it is currently expecting about 20% growth in revenue as well as deliveries. That could put commercial jet […]