Town Hall News

By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector a “Wild West” riddled with fraud, is now embroiled in a battle with the world’s largest publicly-traded crypto firm over […]

By Anna Mehler Paperny and Ted Hesson TORONTO (Reuters) -Canada and the United States have reached a deal to return asylum seekers who cross the border via unofficial crossings, Canadian and U.S. officials told Reuters on Thursday, marking a major development at a time of record irregular crossings into Canada. WHAT IS IN THE DEAL? The deal will allow either country to return asylum seekers who cross the border irregularly, […]

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer said the focus of its drug research would shift away from women’s health, a traditional pillar of Germany’s largest drugmaker, to hone in on neurology, rare diseases and immunology. “When it comes to research and the subsequent clinical phases, we will no longer have an explicit focus on women’s health,” the head of Bayer’s pharmaceuticals unit, Stefan Oelrich, told Reuters […]

PODGORICA (Reuters) -Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, for forging official documents after arresting him on Podgorica airport. Do Kwon, a South Korean national, and a second suspect have been held on Thursday while trying to board a flight to Dubai at Podgorica airport. Police said in a statement they had […]

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -The United States on Friday said it would protect its personnel in Syria after the U.S. military carried out air strikes against Iran-backed forces in retaliation for an attack that killed an American contractor and wounded five U.S. troops. Just a day after the deadly attack on U.S. personnel in Syria, which Washington blamed on a drone of Iranian origin, sources said […]

(Reuters) – Bed Bath & Beyond Inc will lay off about 1,300 more employees at four locations in New Jersey, including at discount health and beauty chain Harmon, a Worker Adjustment and Retraining Notification (WARN) notice showed on Friday. The layoffs will come ahead of a change in labor laws in the U.S. state in April that would mandate companies with 100 or more employees to notify them 90 days […]

By Elizabeth Pineau and Ingrid Melander PARIS (Reuters) -President Emmanuel Macron on Friday said he would press ahead with reforms, dodging a union leader’s call to suspend a new pension law amid some of France’s worst street violence in years. There were violent clashes across the country on Thursday evening on the fringes of otherwise peaceful protests that have for weeks gathered huge crowds against a rise in the pension […]

By Gleb Stolyarov and Roman Churikov MOSCOW (Reuters) – As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome their reluctance to embrace Chinese brands and stomach higher prices. Chinese brands such as Haval, Chery and Geely now account for almost 40% of Russia’s new car sales, data from analytical agency Autostat and consulting company PPK showed, up from […]

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -The United States on Friday said it would protect its personnel in Syria after the U.S. military carried out air strikes against Iran-backed forces in retaliation for an attack that killed an American contractor and wounded five U.S. troops. Just a day after the deadly attack on U.S. personnel in Syria, which Washington blamed on a drone of Iranian origin, sources said […]