September 14, 2021 (Reuters) – Amazon.com Inc hiked its average starting wage to $18 per hour on Tuesday and said it plans to hire more than 125,000 warehouse and transportation workers in the United States. Reuters exclusively reported the news earlier on Tuesday. The world’s largest online retailer also said it would pay a sign-on […]
Canada’s Trudeau tries to link main rival to Alberta COVID-19 surge
September 14, 2021 By Nia Williams and Steve Scherer CALGARY, Alberta/Richmond, BRITISH COLUMBIA (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday sought to link his main election rival to a worsening COVID-19 crisis in the western province of Alberta, where the health system is struggling to cope. With less than a week to go […]
Xbox and Special Olympics hold first ‘Gaming for Inclusion’ esports event
Gaming in general is moving towards accessibility, but that’s not as much the case in esports, which like other sports are competitive and by nature somewhat exclusive. Xbox and the Special Olympics are working together on a new event that combines competition with inclusion, and it’s going on right now. This week, Special Olympics athletes […]
U.S. Treasury suspends changes to Fannie Mae, Freddie Mac share agreements
September 14, 2021 WASHINGTON (Reuters) – The Treasury Department on Tuesday said it had suspended changes to the government’s stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration. Those changes would have allowed the pair to begin to retain profits with an eye toward eventually exiting […]
Athletics-Niyonsaba smashes women’s 2,000m world record
September 14, 2021 (Reuters) – Burundi’s Francine Niyonsaba capped off her season by breaking the 2,000 metres world record on Tuesday, finishing with a time of 5 minutes and 21.56 seconds at a Continental Tour event in Zagreb. The 28-year-old, who won the 5,000 metres Diamond League tile in Zurich last week, shaved nearly four […]
Mexico may consider southern states for semiconductor production
September 14, 2021 By Anthony Esposito MEXICO CITY (Reuters) – As Mexico aims to boost its manufacturing of semiconductors, it may build production facilities in its southern states, where much-needed water is available, according to Economy Minister Tatiana Clouthier. At the so-called High-Level Economic Dialogue (HLED) between the United States and Mexico, held in Washington […]
Top Senate Democrat Schumer asks U.S. businesses to weigh in on debt default
September 14, 2021 WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer urged the business community on Tuesday to start weighing in with Republicans on the dangers of not raising the debt ceiling to avoid a government default or partial government shutdown. “This is risky business and dangerous business” that Republicans are engaging in, Schumer, […]
Democrats’ tax plan would cut bills for most Americans -congressional estimate
September 14, 2021 By Richard Cowan and David Lawder WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday. The bipartisan Joint […]
Thousands protest against Taliban in Kandahar over evictions
September 14, 2021 (Reuters) – Thousands of Afghans protested against the Taliban in the southern city of Kandahar on Tuesday, according to a former government official and local television footage, after residents were asked to vacate a residential army colony. Protesters gathered in front of the governor’s house in Kandahar after around 3,000 families were […]
Tunisian president rejects dialogue with ‘traitors’
September 14, 2021 TUNIS (Reuters) – Tunisia’s President Kais Saied said on Tuesday he would not do deals with those he described as “traitors”, an apparent reference to the moderate Islamist Ennahda party, the biggest in the suspended parliament. Ennahda has called for a national dialogue to find a way forward after Saied on July […]
Buffalo to require full vax for fans beginning Oct. 31
September 14, 2021 Fans will have to be fully vaccinated in order to attend games in Buffalo beginning Oct. 31. The Bills made the announcement Tuesday, in compliance with a directive given by the Erie County Department of Health. The directive applies to Buffalo Sabres games, too. Further, fans are required to have a minimum […]
ARK Invest’s Wood expects market rotation back to growth stocks
September 14, 2021 By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of ARK Invest on Tuesday reiterated her call that slowing economic activity in the United States will bolster growth stocks. Wood cited disappointing job growth in August and weakening consumer price index figures as signs that the U.S. economy will […]
Amazon hires Twitter executive to tackle diversity challenges
September 14, 2021 By Jeffrey Dastin (Reuters) – Amazon.com Inc has hired a Twitter Inc executive, Candi Castleberry Singleton, as vice president of global diversity, equity and inclusion (DEI), according to a staff memo on Tuesday that it shared with Reuters. The company had upgraded the role from a director-level position. Castleberry Singleton’s job will […]
Factbox-Top announcements from Apple event
September 14, 2021 (Reuters) – Apple Inc on Tuesday launched a new series of iPhones and iPads, featuring a faster processor and better cameras. Launching the products at a virtual event, Apple priced its smartphones at between $399, for the iPhone SE, $699 for the iPhone and $999 for the Pro Max version. Here are […]
Generali says majority of directors back keeping Donnet as CEO
September 14, 2021 MILAN (Reuters) – Generali said a majority of its board members was in favour of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy’s biggest insurer spar over governance and strategy. Generali said a majority of non-executive directors had expressed appreciation for Donnet’s work at a […]
Apple brings macro, low light and cinema-focused updates to the iPhone 13 Pro camera
Apple continues its tradition of improving the photography capabilities of consumer devices with today’s announcement of the iPhone 13 and 13 Pro, available on September 24. Last year’s iPhone 12 had two rear camera lenses, while the iPhone 12 Pro had three; the iPhone 13 and iPhone 13 Pro follow suit. The iPhone 13 features […]
Spaceflight will be ferrying payloads from Orbit Fab, GeoJump to lunar orbit next year
Space rideshare service provider Spaceflight Inc. is going to be shuttling customers on a lunar flyby mission next year, part of its long-term vision of giving companies easy access to lunar orbits and beyond. The Seattle-based company will be delivering payload using its propulsive transfer vehicle, Sherpa EScape, or Sherpa-ES, the latest iteration of Sherpa […]
Canva raises $200 million at a $40 billion valuation
Canva is now valued at $40 billion following a fresh capital injection of $200 million (USD) in a round led by T. Rowe Price. New and existing investors participated in the round, including Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis and AirTree Ventures. This round solidifies Canva […]
Analysis-Clashes over taxes, debt limit challenge rally in U.S. stocks
September 14, 2021 By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Investors are ramping up their focus on Washington, as the twin prospects of a tax hike and a potentially prolonged fight over raising the debt ceiling loom over a rally in U.S. stocks. Democrats in the U.S. House of Representatives on Monday […]
U.S. top general secretly called China twice as Trump term ended -report
September 14, 2021 WASHINGTON (Reuters) – The top U.S. general secretly called his Chinese counterpart twice in the final months of Donald Trump’s term in office over concerns the U.S. president could spark a war with China as his potential election loss loomed and in its aftermath, according to a newspaper report on Tuesday. U.S. […]