Town Hall News

By Elizabeth Pineau and Pascal Rossignol PARIS (Reuters) -French President Emmanuel Macron drew an angry response from unions and opposition parties on Wednesday when he said he would press on with plans to raise the pension age, rejecting calls for a U-turn in response to growing public anger. Unions said a ninth nationwide day of protests and strikes on Thursday would draw huge crowds against what they described as Macron’s […]

(Reuters) -Coinbase Global Inc said on Wednesday it had received a notice from the U.S. Securities and Exchange Commission warning that the cryptocurrency exchange could face a civil action over some of its products. Shares of Coinbase were down nearly 12% at $68.18 in extended trading.  A Wells notice shows that SEC staff intend to recommend enforcement action against the company, but it does not always result in charges or […]

WASHINGTON (Reuters) – Uganda’s anti-gay bill passed on Tuesday is concerning and represents one of the most extreme actions taken against the LGBTQ community in the world, White House spokesperson Karine Jean-Pierre said on Wednesday Uganda’s parliament passed a law on Tuesday making it a crime to identify as LGBTQ, handing authorities broad powers to target gay Ugandans who already face legal discrimination and mob violence. (Reporting By Nandita Bose […]

By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – As beleaguered First Republic Bank considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for all deposits, making a “bull case” scenario more difficult for the stock. First Republic, whose shares have lost much of their value since the banking crisis started in the U.S. on March 8, is among the banks speaking […]

By Jessica DiNapoli HERSHEY, Pennsylvania (Reuters) – Hershey Co is looking to reduce “trace” amounts of lead and cadmium in its chocolate, chief financial officer Steve Voskiul told Reuters on Wednesday, after Consumer Reports found that some dark chocolate bars had potentially harmful levels of the heavy metals. Consumer Reports, a nonprofit consumer group, tested chocolate bars including those made by Hershey late last year and found that some of […]

By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – As beleaguered First Republic Bank considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for all deposits, making a “bull case” scenario more difficult for the stock. First Republic, whose shares have lost much of their value since the banking crisis started in the U.S. on March 8, is among the banks speaking […]

By Isla Binnie NEW YORK (Reuters) – The United Nations wants to get people talking in New York this week about investing in safe water, sanitation and hygiene, which it describes as “the most basic human need for health and wellbeing”. Puzzles remains over how best to count the financial, social and environmental costs and benefits of water, but many investors now state an aim to generate returns while also […]

By David Shepardson WASHINGTON (Reuters) -The chair of the Senate Commerce Committee said on Wednesday she would push for quick passage of rail safety legislation after a Feb. 3 Norfolk Southern derailment in East Palestine, Ohio, that sparked a fire and released over a million gallons of hazardous materials and pollutants into the environment. Senate Commerce Committee chair Maria Cantwell said she wants the committee to debate and approve rail […]

By Chris Prentice and Jonathan Stempel NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Wednesday charged Chinese cryptocurrency entrepreneur Justin Sun with fraud, and accused eight celebrities including actress Lindsay Lohan and rapper Soulja Boy with illegally promoting his crypto assets. Sun and his companies Tron Foundation, BitTorrent Foundation and Rainberry were accused of having since August 2017 schemed to distribute billions of crypto assets known as Tronix […]