October 9, 2021 By Sophie Penney (Reuters) – Manchester United forward Marcus Rashford has become the youngest recipient of an honorary doctorate from The University of Manchester for his campaign against child poverty, the Premier League club said on Friday. The England international earned widespread praise after successfully campaigning for school food vouchers to be […]
BoE’s Bailey says inflation above target is concerning – Yorkshire Post
October 9, 2021 (Reuters) – Inflation running above the Bank of England’s target of 2.0 percent is very concerning and it has to be managed to prevent it from becoming permanently embedded, the bank’s governor, Andrew Bailey, said in an interview to The Yorkshire Post newspaper. “We are going to have a very delicate and […]
Global tax deal seeks to end havens, criticized for ‘no teeth’
October 8, 2021 By Leigh Thomas PARIS (Reuters) -A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field. The deal aims to […]
S&P 500 ends lower after U.S. September jobs miss
October 8, 2021 By Noel Randewich and Devik Jain (Reuters) – The S&P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year. Wall Street’s three main indexes were mixed for much of the session before […]
Blinken cautions Haitian migrants against ‘profoundly dangerous’ trek to U.S.
October 9, 2021 By Simon Lewis MEXICO CITY (Reuters) – U.S. Secretary of State Anthony Blinken on Friday warned Haitian migrants that they would not succeed in reaching the United States, while his Mexican counterpart lamented that many had been tricked into undergoing the long trek with false hopes. The top U.S. diplomat visited Mexico […]
Renowned investor Kevin Ryan thinks the big money is in healthcare
Kevin Ryan has become very wealthy by being at the right place at the right time — including at online ad network Doubleclick, which he joined as its 12th employee and eventually ran as CEO (it was later acquired, twice) — as well as cofounding numerous companies, including the software company MongoDB, which is currently […]
Apple asks judge to pause Epic Games antitrust orders as it appeals ruling
October 8, 2021 By Stephen Nellis and Paresh Dave (Reuters) – Apple Inc on Friday asked a U.S. federal judge to put on hold orders that could require it to change some of its App Store practices and said that it is also appealing the ruling in an antitrust case brought by “Fortnite” creator Epic […]
IMF’s Georgieva wins some European backing as board debates her future
October 8, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Some European governments on Friday backed Kristalina Georgieva to remain International Monetary Fund managing director as the IMF board debated her alleged role in a World Bank data-rigging scandal, people familiar the matter said. A French finance ministry source told Reuters that France planned […]
McConnell says Republicans will not again aid Democrats in raising debt limit
October 8, 2021 WASHINGTON (Reuters) – One day after the Senate approved a temporary lift to the U.S. debt ceiling, Senate Republican Leader Mitch McConnell wrote in a letter to President Joe Biden that he would not aid Democrats again in raising the debt limit. Following weeks of partisan fighting, the Senate approved https://ift.tt/2YC79yW the […]
U.S. dollar net long bets jump to largest since mid-June 2019 -CFTC, Reuters data
October 8, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. dollar net longs in the latest week surged to their highest level in more than two years, according to Reuters calculations and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $22.89 billion in the week […]
U.S. will accept WHO-approved COVID-19 vaccines for international visitors
October 8, 2021 By David Shepardson WASHINGTON (Reuters) -The United States will accept the use by international visitors of COVID-19 vaccines authorized by U.S. regulators or the World Health Organization, the Centers for Disease Control and Prevention said late on Friday. On Sept. 20, the White House announced the United States in November would lift […]
Which software consultants do startups love to work with?
Outsourcing engineering has become more common in recent years, so we’re starting a new initiative to profile the software consultants who startups love to work with the most. Founders and other startup leaders, just fill out this quick survey with a few more details to help us find the right ones. For our first profile, […]
Soccer-Staveley promises Newcastle overhaul, knocks back sportswashing critics
October 8, 2021 By Kirstin Ridley LONDON (Reuters) – British businesswoman Amanda Staveley on Friday denied that a Saudi-backed takeover of Premier League club Newcastle United was designed to “sportswash” Saudi Arabia’s human rights record, saying the deal would rebuild the club into a winning team. Staveley’s PCP Capital Partners group fronted a consortium 80%-led […]
Landmark global corporate tax deal finally finds agreement
October 8, 2021 By Leigh Thomas PARIS (Reuters) -A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field. The deal aims to […]
Women left U.S. workforce last month, but in fewer numbers than a year ago
October 8, 2021 By Jonnelle Marte (Reuters) – The job market recovery for U.S. women faced a setback in September, much as it did about a year ago after many school districts switched to online learning. But the drop-off in the number of women working or looking for a job last month was much smaller […]
Adele says she wrote upcoming album for her son
October 8, 2021 LONDON (Reuters) – Adele said she recorded her upcoming fourth album to explain her divorce to her young son, as the British singer prepares to make her musical comeback. In what Vogue magazine said was her first interview in five years, the singer-songwriter described the record, which follows her 2015 Grammy Award-winning […]
Trump’s DC hotel lost millions despite foreign payments -U.S. House panel
October 8, 2021 By Jan Wolfe WASHINGTON (Reuters) -Former U.S. President Donald Trump’s showcase hotel in Washington bled millions of dollars during his time in office even as he concealed payments from foreign governments, a U.S. House of Representatives panel said on Friday. The House Committee on Oversight and Reform said recently obtained government documents […]
Czechs vote in final day of election as PM Babis seeks to cling to power
October 8, 2021 By Jason Hovet PRAGUE (Reuters) – Czechs wrap up voting in a tight election on Saturday in which Prime Minister Andrej Babis battled criticism that he mismanaged the pandemic, stoked fast-rising debt with handouts and tend to his own business interests in office. The billionaire Babis, who denies all the accusations, and […]
Daily Crunch: Questions raised over natural gas fuel source for Elon Musk’s Texas spaceport
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 8, 2021! It’s Friday! We made it! If you are tired, consider how weary the Instagram team must be. Their service is having even […]
U.S. telecom regulator circulates Boeing satellite plan for approval
October 8, 2021 By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission (FCC) on Friday disclosed it circulated Boeing Co’s application seeking approval to launch and operate 147 satellites to provide broadband internet access for a vote. Boeing first filed with the FCC in 2017 seeking approval to deploy a V-band Constellation using low […]
