Town Hall News

By Michael Holden and Sam Tobin LONDON (Reuters) – Britain’s Prince Harry arrived at London’s High Court on Monday for a hearing against the publisher of the Daily Mail newspaper over alleged phone-tapping and other breaches of privacy. Harry, the younger son of King Charles, has brought a lawsuit against Associated Newspapers alongside other famous figures including singer Elton John, his husband and filmmaker David Furnish, and actors Elizabeth Hurley […]

BENGALURU (Reuters) -Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it plans to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunge, Bloomberg News reported on Monday, citing people familiar with the matter. Oyo is preparing to file a fresh IPO document as soon as this week, according to the report. The company had initially filed to go public […]

By Joseph Ax (Reuters) – The U.S. Supreme Court is weighing whether colleges can continue to consider race as part of their admissions decisions, a practice commonly known as affirmative action. Here is what to know about the policy, its history and the possible consequences of the court’s decision. WHAT IS AFFIRMATIVE ACTION? In the context of higher education, affirmative action typically refers to admissions policies. Colleges that take race […]

By Maayan Lubell JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu’s coalition plunged into chaos on Monday, after mass overnight protests over the sacking of his defence chief piled pressure on the government to halt its bitterly contested plans to overhaul the judiciary. Netanyahu had been expected to make a televised statement on Monday morning announcing the plans, which he says are needed to restore balance to the system of government […]

By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday will consider whether a federal law that made it a crime for a person to encourage illegal immigration violates constitutional free speech protections in a case involving a California man who deceived immigrants through a phony “adult adoption” program. The justices are due to hear arguments in an appeal by President Joe Biden’s administration of […]

By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court on Monday is set to hear a bid by Amgen Inc to revive patents on its cholesterol-lowering drug Repatha in a legal effort that rival Sanofi SA called a “blatant attempt” to squeeze competitors out of the market. Amgen is appealing a lower court’s ruling that invalidated two of its patents on Repatha, a drug that can […]

A look at the day ahead in U.S. and global markets from Mike Dolan The final week of a turbulent month and volatile quarter for world markets has kicked off with relative stability in the battered banking sector at the heart of the latest upheaval. Two developments on the U.S. side of the banking disturbance acted as a boon. First Citizens BancShares said on Monday it will acquire all the […]

By Marisa Taylor and Rachael Levy (Reuters) – Elon Musk’s brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner as it prepares to test its devices on humans once regulators allow for it, according to six people familiar with the matter. Neuralink has been developing brain implants since 2016 it hopes will eventually be a cure for intractable conditions such […]

(In March 16 story corrects paragraph 6 to say “to exercise their options position for Friday’s expiry date” and not “to keep the position open beyond Friday’s expiry date” after the report clarified) (Reuters) -Robinhood Inc made an exception to its short position ban for clients who had winning ‘puts’ against failed lender Signature Bank, the Financial Times reported on Thursday. Put options are contracts that give a buyer the […]