Town Hall News

(Reuters) -A federal judge on Monday temporarily stopped bankrupt Voyager Digital from completing a proposed $1.3 billion sale to crypto exchange Binance.US, allowing the U.S. government more time to pursue appeals that challenge the legality of the deal. The U.S. Attorney’s Office for the Southern District of New York and the Office of the U.S. Trustee, the Department of Justice’s (DOJ) bankruptcy watchdog, filed appeals in early March over a […]

(Reuters) -A federal judge on Monday temporarily stopped bankrupt Voyager Digital from completing a proposed $1.3 billion sale to crypto exchange Binance.US, allowing the U.S. government more time to pursue appeals that challenge the legality of the deal. The U.S. Attorney’s Office for the Southern District of New York and the Office of the U.S. Trustee, the Department of Justice’s (DOJ) bankruptcy watchdog, filed appeals in early March over a […]

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s foreign minister Nanaia Mahuta said on Tuesday she had encouraged China to support and strengthen Pacific regional institutions and uphold a 22-year old agreement that sees Pacific countries look after their own security needs. After returning from Beijing, Mahuta told reporters she had encouraged China to support regional Pacific architecture such as the Pacific Islands Forum, the Forum Fisheries Agency and the […]

By Sofia Menchu GUATEMALA CITY (Reuters) – Guatemala’s presidential race kicked off on Monday, a day after the electoral authority finalized its approved candidate lineup for the June election, even as critics blasted decisions to disqualify some candidates while allowing others to run. Polls point to two conservative women as early presidential front-runners. The Sunday registry of candidacies by the Supreme Electoral Tribunal (TSE) launched the three-month campaign to succeed […]

(Reuters) -Ukrainian authorities said air defences shot down Russian drones near Kyiv on Monday and falling debris set a non-residential site ablaze, but no casualties were found. Serhiy Popko, head of the Kyiv city military administration, said Russia had launched drones towards Kyiv but Ukraine’s air defence forces had identified and destroyed “all enemy targets” in the airspace around the capital. Drone wreckage fell in the western Kyiv district of […]

By Daniel Wiessner (Reuters) -A trial kicked off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker’s flagship assembly plant. A lawyer for plaintiff Owen Diaz told a jury during opening statements that the racist slurs, graffiti and threats his client […]

(Reuters) – Bed Bath & Beyond Inc is laying off about 1,300 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 in […]

(Corrects headline, first paragraph of March 24 story to say job cuts were not additional, but part of previously announced layoff plans) (Reuters) – Bed Bath & Beyond Inc is laying off about 1,300 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 […]

By Patrick Wingrove (Reuters) – Amgen Inc’s battle with Sanofi and Regeneron at the U.S. Supreme Court over its cholesterol drug Repatha on Monday has some drugmakers hoping a ruling will reshape U.S. patent law and competition among companies that make antibody medicines. In the dispute with Sanofi and partner Regeneron, whose cholesterol-lowering monoclonal antibody drug Praluent works in a similar way as Repatha, Amgen wants the court to rule […]