Town Hall News

By Jonathan Stempel NEW YORK (Reuters) – The Biden administration on Thursday said military personnel should be allowed to pursue class actions accusing Citigroup Inc and American Express Co of overcharging them on loans, and not be forced to arbitrate their claims individually. In “statements of interest” filed with a federal court in North Carolina, the Department of Justice said federal law gives service members an “unwaivable right” to pursue […]

By David Brunnstrom and Kirsty Needham WASHINGTON (Reuters) – Australia has assured Washington that U.S. technology will be safe under a plan to supply it with nuclear-powered submarines in a tripartite deal also including Britain, Canberra’s ambassador to the United States said on Thursday. Speaking to a U.S. think tank, Arthur Sinodinos also said that when details of the so-called AUKUS submarine deal are announced in mid-March, people would see […]

By David Brunnstrom and Kirsty Needham WASHINGTON (Reuters) – Australia has assured Washington that U.S. technology will be safe under a plan to supply it with nuclear-powered submarines in a tripartite deal also including Britain, Canberra’s ambassador to the United States said on Thursday. Speaking to a U.S. think tank, Arthur Sinodinos also said that when details of the so-called AUKUS submarine deal are announced in mid-March, people would see […]

(Reuters) – Walmart Inc Chief Executive Doug McMillon, 56, plans to helm the country’s largest retailer for at least three more years as the company continues work to identify a successor, the Wall Street Journal reported on Thursday. McMillon’s plans to stay in the role for more than a decade will extend the company’s timeline for finding its next leader, the report added, citing people familiar with the matter. Walmart […]

By Ann Saphir and Howard Schneider (Reuters) -A virtual event with Federal Reserve Governor Christopher Waller was canceled on Thursday after the Zoom videoconference was “hijacked” by a participant who displayed pornographic images “We were a victim of a teleconference or Zoom hijacking and we are trying to understand what we need to do going forward to prevent this from ever happening again. It is an incident we deeply regret,” […]

By Jacqueline Thomsen (Reuters) -The U.S. Justice Department on Thursday urged an appeals court to reject former President Donald Trump’s claim that he is automatically immune from lawsuits over his supporters’ assault on the U.S. Capitol on Jan. 6, 2021. The U.S. Court of Appeals for the District of Columbia Circuit had asked for the Justice Department’s view as it weighs whether to allow civil lawsuits against Trump over the […]

By Maggie Fick LONDON (Reuters) – Europe will lose out to countries like the U.S. and Japan on new medical research, trials and treatments unless draft rules reforming the European pharmaceutical landscape change, the CEO of Danish drugmaker Novo Nordisk warned on Thursday. The European Commission will present its proposed overhaul of the bloc’s pharmaceuticals regulation on March 29, the first major revisions to medicines rules in 20 years. It […]

By Andrew Chung (Reuters) – The U.S. Supreme Court on Thursday signaled it may sidestep a ruling in a major case involving a Republican bid to give state legislatures far more power over federal elections by limiting the ability of state courts to review their actions. The North Carolina Supreme Court last month granted a request by Republican state legislators to revisit its ruling last year against a map they […]

By Maggie Fick LONDON (Reuters) -Europe will lose out to countries like the U.S. and Japan on new medical research, trials and treatments unless draft rules reforming the European pharmaceutical landscape change, the CEO of Danish drugmaker Novo Nordisk warned on Thursday. The European Commission will present its proposed overhaul of the bloc’s pharmaceuticals regulation on March 29, the first major revisions to medicines rules in 20 years. It says […]