Town Hall News

By Chris Prentice and Jonathan Stempel NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Wednesday sued Chinese cryptocurrency entrepreneur Justin Sun, accusing him and other defendants of illegally selling crypto securities and scheming to artificially inflate trading volume in crypto assets. Beginning around August 2017, Sun and his companies Tron Foundation Limited, BitTorrent Foundation Limited and Rainberry Inc engaged in a scheme to distribute billions of crypto assets […]

By Lananh Nguyen and Nandita Bose NEW YORK (Reuters) – JPMorgan Chief Executive Jamie Dimon is scheduled to meet Lael Brainard, the director of the White House National Economic Council, while in Washington this week, according to a person familiar with the situation. The meeting agenda was unclear. The meeting comes as First Republic Bank’s efforts to secure a capital infusion continued on Wednesday, as the troubled regional lender started […]

By Dan Peleschuk and Sergiy Chalyi KYIV/ZAPORIZHZHIA, Ukraine (Reuters) -Russia blasted an apartment block in Ukraine with missiles on Wednesday and swarmed cities with drone attacks overnight, in a display of force as President Vladimir Putin bid farewell to his visiting “dear friend” and Chinese leader Xi Jinping. Firefighters battled a blaze in two adjacent residential buildings in the southern city of Zaporizhzhia, where officials said at least one person […]

TUNIS (Reuters) – At least five African migrants died and another 28 were missing after a boat sank off Tunisia, as they tried to cross the Mediterranean to Italy, an official of a local rights group told Reuters. Romadan Ben Omar, the official in the Tunisian Forum for Social and Economic Rights, said that coast guard rescued five migrants‮ ‬who were on board of the boat that sank off the […]

ESSEN, Germany (Reuters) – The Olympic Games and its ruling body, the International Olympic Committee, cannot be referees in global political disputes, its president Thomas Bach said on Wednesday, defending the IOC’s plans to includes Russian and Belarusian athletes at the Paris 2024 Games. Speaking at a political forum, Bach said the Games should stay away from politics otherwise they would lose their uniting powers, citing examples of past boycotts […]

By Alan Baldwin LONDON (Reuters) – MotoGP is set for its biggest season yet and Mike Trimby, a power in the paddock as defender of team interests and rider safety for more than four decades, is apprehensive. This weekend’s Portuguese Grand Prix in Portimao will be the first of 21 with more races (10) outside Europe than ever, including newcomers India and Kazakhstan. Every weekend also features a Saturday sprint, […]

By Daniel Wiessner (Reuters) – A recent U.S. labor board ruling limiting what employers can include in severance agreements is a reminder that companies must be careful not to ask workers to sign away their rights, the agency’s top prosecutor said on Wednesday. National Labor Relations Board (NLRB) General Counsel Jennifer Abruzzo in a memo to agency staff said the February decision prohibits agreements that restrict workers’ ability to file […]

By Hannah Lang WASHINGTON (Reuters) – The dollar slid on Wednesday after the U.S. Federal Reserve raised its key rate by a quarter of a percentage point, as widely expected, and pointed to just one more rate hike this year. The Fed projected at least one additional interest rate increase of 25 basis points by the end of 2023, but suggested that could represent at least an initial stopping point […]

WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken told lawmakers on Wednesday that the State Department has been putting together a review of the U.S. withdrawal from Afghanistan and will share findings with Congress by mid-April. “We’ve now been spending time putting all of this together to make sure that we look at some of the common lessons learned,” Blinken said in testimony to a Senate Appropriations Committee subcommittee hearing. […]