Town Hall News

(Reuters) – The U.S. government on Friday sued Southern California Edison, accusing the Edison International unit of negligence that contributed to the 2020 Bobcat wildfire in Los Angeles County, California. In a complaint filed in federal court, the United States said the fire was caused by the failure of the utility and a contractor to properly maintain trees that came into contact with power lines. The fire began on Sept. […]

By Patrick Wingrove (Reuters) – Swiss drugmaker Novartis on Friday said it had sued the U.S. government in an attempt to halt the Medicare drug-price negotiation program, which includes its top-selling heart-failure medicine Entresto. The lawsuit, filed in federal court in New Jersey, is the first since the Biden administration on Tuesday released its list of 10 prescription medicines that will be subject to price negotiations by the Medicare health […]

BRASILIA (Reuters) – Brazil’s top central bank officials on Friday praised the government’s commitment to eliminate the primary deficit in its 2024 budget, saying fiscal improvement is vital for aligning inflation expectations with official targets. “Maintaining the (fiscal) target is super-important,” said central bank chief Roberto Campos Neto at an event hosted by business group Lide in Washington. On Thursday, President Luiz Inacio Lula da Silva’s administration submitted a bill […]

By Shristi Achar A and Noel Randewich (Reuters) – The S&P 500 ended higher on Friday after a jump in unemployment cemented expectations of a pause in interest rate hikes this month, while shares of streaming firms tumbled due to a rate dispute between Disney and Charter Communications. The Labor Department’s report showed the August unemployment rate rose to 3.8% while wage growth slowed. Nonfarm payrolls rose more than expected, […]

By Rory Carroll LOS ANGELES (Reuters) – Inter Miami have changed their plans and will no longer stay this weekend at a Santa Monica hotel where workers recently went on strike, a union source told Reuters on Friday. Inter Miami and star forward Lionel Messi were scheduled to check into the beachside Fairmont Miramar on Friday ahead of Sunday’s match against LAFC but heeded calls from Unite Here Local 11 […]

NEW YORK (Reuters) -Defending champion Iga Swiatek barely broke sweat as she produced another rock-solid performance to roll into the U.S. Open fourth round with a 6-0 6-1 dismantling of Slovenian qualifier and best friend Kaja Juvan on Friday. Swiatek grew up with Juvan through the junior ranks and the two dined together earlier this week but for 49 minutes in Louis Armstrong Stadium the top-seeded Pole had no choice […]

By Dave Graham MEXICO CITY (Reuters) – When Xochitl Galvez lumbered onto the floor of Mexico’s Senate last December dressed in an inflatable green dinosaur suit to protest a ruling party bill, even the flustered leader of the upper house trying to rebuke her could not suppress a smile. The stunt by Galvez, who crashed the rostrum holding a card reading “Jurassic Plan” to criticize legislation from the ruling leftist […]

(Reuters) – New Australia Twenty20 International captain Mitch Marsh scored a second successive unbeaten half century to lead his side to an emphatic eight-wicket victory over hosts South Africa on Friday and claim an unassailable 2-0 lead in the three-match series. The home side were sent in to bat in Durban and posted 164 for eight in their 20 overs, a total that never looked enough with the small boundaries […]

By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite some signs of deterioration. Employers added 187,000 jobs in August, above expectations for a 170,000 gain. But data for July was revised lower to show 157,000 jobs added instead of the previously reported 187,000. The unemployment rate rose to 3.8%, […]