Town Hall News

By Nicole Jao NEW YORK, March 30 (Reuters) – The U.S. national average retail price of gasoline crossed $4 a gallon for the first time in more than three years on Monday, data from price-tracking service GasBuddy showed, as the U.S.-Israeli war with Iran rages on. (Reporting by Nicole Jao in New York and Noel John in Bengaluru; Editing by Jamie Freed) Brought to you by www.srnnews.com

SEOUL, March 31 (Reuters) – South Korea’s Samsung SDI said it plans to lend 1.6 trillion won ($1.05 billion) to StarPlus Energy, its battery joint venture with Stellantis. The company said in a regulatory filing that the loan would be used to fund capital investment. Last month, Bloomberg reported that Stellantis was looking to exit its U.S. battery joint venture with Samsung SDI as the automaker scales back its electric […]

SINGAPORE, March 31 (Reuters) – The dollar headed for its biggest monthly gain since July on Tuesday and stands out as the strongest so-called safe asset as war in the Mideast has set oil prices surging and raised the risk of global recession. Overnight the dollar extended gains widely, save for against the yen where renewed threats of intervention from Tokyo have traders wary of selling the yen too far […]

SYDNEY, March 31 (Reuters) – Australia’s central bank board felt monetary policy needed to be restrictive when it decided to raise rates earlier this month in a split decision, although it was ready to respond should the conflict in the Middle East lead to an economic downturn. Minutes of the Reserve Bank of Australia’s March board meeting released on Tuesday showed board members agreed it was not possible to predict […]

U.S. President Donald Trump on Monday threatened to target Iran’s energy infrastructure, including the country’s desalination plants. Such a move — and Iran’s possible targeting of the plants of its Gulf Arab neighbors — could have devastating impacts across the water-starved Middle East. In a post on Truth Social, Trump said if a deal to end the war isn’t reached “shortly” and the Strait of Hormuz, where much oil passes […]

NEW YORK (AP) — Federal prosecutors are investigating whether a New York City Council member and her sister, an aide to Gov. Kathy Hochul, accepted bribes or kickbacks in connection with the appropriation of city funds to a migrant shelter provider, according to a copy of a search warrant obtained by The Associated Press. The warrant, signed March 19, seeks evidence of possible criminal violations involving Councilmember Farah Louis, a […]

WASHINGTON (AP) — Joe and Jill Biden have added a pair of black Lab-mix puppies named Boo and Scout to the former president’s home in Delaware, adopting the sibling dogs after they were rescued from a shelter in Tennessee. The dogs were paired with the Bidens through a Delaware animal welfare organization that announced the adoption Monday and released a photo of the Bidens smiling alongside the puppies and their […]

By Field Level Media The NBA Board of Governors approved the sale of the Portland Trail Blazers from the estate of Paul Allen to a group led by Carolina Hurricanes owner Tom Dundon, the league announced Monday. Valued at approximately $4.25 billion, the transaction will be a two-part deal, with 80.1% being bought this week, closing by March 31, and the remaining 19.9% to close no later than Sept. 1, […]

Knesset Passes Death Penalty Law for Terrorists With Netanyahu’s Support; Lapid Calls It ‘Distorted PR Maneuver’   By The Media Line Staff   Israel’s parliament on Monday approved a law imposing the death penalty on terrorists who intentionally cause a person’s death in an act of terrorism, passing the measure in a 62-48 vote in the Knesset plenum amid political divisions and international pressure.   The legislation, approved for second and third readings on March […]