Town Hall News

(Reuters) -U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support, in an effort that could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported on Saturday. All deliberations are at an early stage and an expansion of the Federal Reserve’s emergency lending program is one of the many considerations by officials to support the failing lender, […]

By David Shepardson WASHINGTON (Reuters) -Shawn Fain on Saturday won the race for United Auto Workers president, narrowly defeating incumbent head Ray Curry in a shakeup for the Detroit-based labor union. Curry and a court-appointed monitor said Fain will be sworn in Sunday, a day ahead of the start of the union’s bargaining convention. Fain’s election comes at a critical time for the union. Labor contracts with Detroit’s Big Three […]

By Maayan Lubell JERUSALEM (Reuters) -Israeli Defence Minister Yoav Gallant on Saturday called on the government to halt legislation on changes to the judiciary, saying the bitter dispute over the measures poses a danger to national security. “The deepening split is seeping into the military and security agencies – this is a clear, immediate and real danger to Israel’s security. I will not facilitate this,” Gallant said in a brief […]

MAINZ, Germany (Reuters) – Germany forward Niclas Fuellkrug scored twice to secure a 2-0 victory over Peru in a friendly on Saturday as the hosts launched their mission to rebuild a competitive team for next year’s Euros on home soil. In their first match since crashing out of last year’s World Cup in the first round, the Germans unusually deployed two strikers with Fuellkrug and Timo Werner and were sharp […]

By David Ljunggren (Reuters) -Russia will station tactical nuclear weapons in neighbouring Belarus, President Vladimir Putin said on Saturday, marking the first time since the mid-1990s that Moscow will have based such arms outside the country. Putin made the announcement at a time of growing tensions with the West over the Ukraine war and as some Russian commentators speculate about possible nuclear strikes. “Tactical” nuclear weapons refer to those used […]

By Brendan O’Brien and Lucia Mutikani (Reuters) -Rescuers combed through rubble on Saturday after a powerful storm tore across Mississippi overnight, killing at least 25 people there and another in Alabama, leveling dozens of buildings and spawning at least one devastating tornado. The tornado stayed on the ground for about an hour and cut a path of destruction some 170 miles (274 km) long, according to preliminary information, said Nicholas […]

By Brendan O’Brien and Lucia Mutikani (Reuters) -Rescuers combed through rubble on Saturday after a powerful storm tore across Mississippi overnight, killing at least 25 people there and another in Alabama, leveling dozens of buildings and spawning at least one devastating tornado. The tornado stayed on the ground for about an hour and cut a path of destruction some 170 miles (274 km) long, according to preliminary information, said Nicholas […]

By Nathan Layne WACO, Texas (Reuters) -Die-hard fans of Donald Trump flocked to the ex-president’s election rally in Waco, Texas, on Saturday, brimming with defiance as their favored candidate faces legal peril from prosecutors and mixed polling ahead of next year’s Republican primary elections. The legal threats hanging over the former president were front of mind for some attendees, many of whom flashed signs saying “WITCH HUNT.” Trump is facing […]

WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said he was back at home on Saturday and had completed inpatient physical therapy after suffering a concussion when he tripped and fell at a Washington, D.C., hotel this month. “I’m going to follow the advice of my physical therapists and spend the next few days working for Kentuckians and (Republicans) from home,” McConnell, 81, said in a statement. “I look […]