September 27, 2021 (Reuters) – Four-times Olympic gold medallist Simone Biles told New York Magazine that she should have quit gymnastics “way before Tokyo,” where she suffered from a case of “twisties” that derailed her attempt at a record haul of six golds. The 24-year-old American dropped out of the opening event at the Summer […]
Chile cenbank to decide on roll-out of digital currency in 2022
September 27, 2021 SANTIAGO (Reuters) – Chile’s central bank will decide in early 2022 on a strategy for the potential roll-out of its own digital currency, the bank’s president said on Monday, as policymakers worldwide seek to keep pace with fast-spreading cryptocurrencies. Regulators globally are cracking down on digital coins, alarmed at a rapidly expanding […]
Fed will allow labor markets to ‘run their course’: Bostic
September 27, 2021 (Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Monday reiterated the U.S. central bank’s commitment to making sure every American who wants a job can have one. “Without clear data demonstrating that an inflationary problem has arrived and is likely to last, we will allow labor markets to run their […]
Refinitiv agrees to pay a civil penalty of $650,000 for failing to report certain swap data -CFTC
September 27, 2021 WASHINGTON (Reuters) -The U.S. Commodity Futures Trading Commission (CFTC) on Monday said it has filed and settled charges against Refinitiv US SEF LLC, in the agency’s first-ever enforcement action against a swap execution facility over reporting violations. Refinitiv, which provides financial data and software to traders, banks and investors, has agreed to […]
Canada seeks to attract U.S. frequent flyers with perks on Air Canada
September 27, 2021 By Allison Lampert MONTREAL (Reuters) -Canada is trying to use the lure of travel perks to convince America’s frequent-flying elite to fly north on Air Canada, as the country steps up efforts to revive crucial traffic from the United States, a Canadian official said. COVID-19 has battered travel from Canada’s largest tourism […]
Brands considering a live-shopping strategy must lean on influencers
Madison Schill Contributor Share on Twitter Madison Schill is the director of marketing and communications at Livescale and is a former fashion editor and producer. Live shopping — the seamless and simultaneous combination of online shopping, livestreaming and social media — has been taking North America by storm since October 2019. Though booming to take […]
Shift to EVs means huge ‘reskilling’ job for Europe – report
September 27, 2021 By Nick Carey (Reuters) – The shift to electric vehicles will force huge changes in the auto industry and require EU backing for ‘reskilling’ programs to help workers prepare for a zero-emission future, according to a report published on Tuesday. The Platform for Electromobility, an industry group, said a report by the […]
U.S. soy exports hit 6-month high as Gulf loadings rise after Ida; lag year ago pace
September 27, 2021 By Karl Plume (Reuters) -U.S. soybean exports jumped last week to a six-month peak, while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted nearly a month ago by Hurricane Ida, preliminary data showed on Monday. The export pace remained well below normal […]
Five key moments from the R. Kelly sex abuse trial
September 27, 2021 By Tyler Clifford and Luc Cohen (Reuters) – R. Kelly was convicted by a federal jury on Monday in his sex trafficking trial. Prosecutors described a decades-long scheme in which the R&B singer used his fame to lure women and underage girls into his orbit for sex. Here are five key moments […]
‘They yell ugly things’: Migrants in Chile’s north fearful after fiery protests
September 27, 2021 SANTIAGO (Reuters) – Venezuelan migrants in Iquique in northern Chile have been shaken by a series of angry protests by locals against settler camps which have popped up in city squares and even beaches, a reflection of simmering tensions over migration in the region. On the weekend thousands of local Chileans marched […]
No one from Afghanistan will address world leaders at U.N
September 27, 2021 By Michelle Nichols UNITED NATIONS (Reuters) -No representative from Afghanistan will address the annual high-level U.N. General Assembly in New York after the ambassador for the government ousted by the Taliban – who was due to speak on Monday – withdrew his name. The move comes as the ambassador, Ghulam Isaczai, and […]
Gillmor Gang: Work In Progress
Mostly friends and sometimes family have encouraged me to tell stories about my days in the comedy, music, and tech businesses. And for all of this time I’ve been reluctant. However, with the Pandemic and the impending birth of my first grandchild, I’ve reconsidered. My wife’s passion for genealogy has reminded us that stories get […]
Daily Crunch: Facebook pauses plans to release Instagram app for kids
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 September 27, 2021. Today’s TechCrunch news is big news, so instead of jamming it into the intro, we’re just going to dive in! — Alex […]
Soccer-UEFA nullify proceedings against Super League rebels
September 27, 2021 By Simon Evans MANCHESTER, England (Reuters) -UEFA have nullified disciplinary action against breakaway Super League clubs Real Madrid, Barcelona and Juventus after a Madrid court ruled that European football’s governing body should not sanction the rebel clubs. UEFA had opened a probe against the three clubs but in June it suspended proceedings […]
GM backs vehicle emissions reductions goals in EPA proposal
September 27, 2021 WASHINGTON (Reuters) – General Motors supports the emission reduction goals in the proposed rewrite of vehicle standards through 2026 issued by the U.S. Environmental Protection Agency last month, according to written comments the automaker filed with the EPA on Monday. GM called the EPA’s proposal “historically stringent” and said the Biden administration […]
Tennis-Clijsters suffers first-round exit in latest comeback match
September 27, 2021 (Reuters) – Former world number one Kim Clijsters, in her latest comeback to tennis, suffered a 6-3 5-7 6-3 loss to Taiwan’s Hsieh Su-wei in first-round action at the Chicago Fall Classic on Monday. The 38-year-old Belgian, who accepted a wild card into the hardcourt event, looked competitive during her first match […]
Aurora Cannabis posts smaller core loss on higher pot demand, cost cuts
September 27, 2021 (Reuters) – Aurora Cannabis Inc, reported a smaller fourth-quarter core loss on Monday, as the pot producer benefited from aggressive cost-cut measures and higher demand for cannabis and related products. Pandemic-induced lockdowns have lifted demand for cannabis-related products from homebound customers, while the new sector-friendly policy changes, including access to federal banking, […]
Fed’s Powell: Reopening economic bottlenecks could be “more enduring”
September 27, 2021 WASHINGTON (Reuters) -The higher prices and hiring difficulties seen as the U.S. economy reopens from the pandemic could prove “more enduring than anticipated,” and the Federal Reserve would move against unchecked inflation if needed, Fed Chair Jerome Powell said in remarks prepared for delivery to the Senate Banking Committee on Tuesday. “The […]
NY Fed’s Williams says tapering of asset purchases may soon be warranted
September 27, 2021 By Jonnelle Marte (Reuters) -The Federal Reserve may soon start to reduce the pace of its asset purchases if the economy continues to improve as expected, New York Federal Reserve Bank President John Williams said on Monday. It is clear there has been “substantial further progress” toward the Fed’s goal for inflation […]
Wells Fargo to pay $37.3 million to settle U.S. claims it fraudulently overcharged customers
September 27, 2021 By Jonathan Stempel NEW YORK (Reuters) -Wells Fargo & Co will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the latest in a string of scandals over the bank’s treatment of customers. Monday’s settlement resolves U.S. Department of Justice civil fraud charges against […]
