September 14, 2021 By Katanga Johnson WASHINGTON (Reuters) – U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler took aim at the gamut of financial sectors, from the treasury and equity markets to digital assets, as he mapped out https://ift.tt/2VDwWFo his ambitious agenda before the Senate Banking Committee on Tuesday. As head of the country’s […]
Warren says Fed must break up ‘repeat offender’ Wells Fargo
September 14, 2021 By Pete Schroeder WASHINGTON (Reuters) -U.S. Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo & Co, arguing the latest fine against the bank shows it to be an “irredeemable repeat offender.” In a letter sent to the Fed, Warren urged the central bank to revoke […]
Pope calls out prejudice as he meets Roma in Slovakia
September 14, 2021 By Robert Muller KOSICE, Slovakia (Reuters) – Pope Francis on Tuesday condemned prejudice and discrimination against Europe’s Roma people during a visit to one of the most impoverished communities in Slovakia, saying it was wrong to pigeonhole entire ethnic groups. Francis, 84, arrived at the bleak Lunik IX settlement on the outskirts […]
Malaysia holiday hotspot readies for reopening with tourism bubble
September 14, 2021 By Ebrahim Harris LANGKAWI, Malaysia (Reuters) – Businesses at Malaysia’s prime holiday destination are gearing up to welcome the return of tourists this week, as the country takes an early step towards recovery from a devastating coronavirus crisis. Langkawi, a cluster of 99 islands in the Straits of Malacca, will reopen from […]
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 […]
LinkedIn is launching its own $25M fund and incubator for creators
When LinkedIn first launched Stories format, and later expanded its tools for creators earlier this year, one noticeable detail was that the Microsoft-owned network for professionals hadn’t built any kind of obvious monetization into the program — noticeable, given that creators earn a living on other platforms like Instagram, YouTube and TikTok, and those apps had […]
Tonal adds live classes to its strength training workouts
Wall-mounted fitness startup Tonal this morning announced that it’s bringing live courses to it portfolio of strength training workouts. The company did a soft launch of the live offering back in December of last year, though at the time, it wasn’t live, so much as prerecorded — “live, on tape,” to steal a line from […]
JB Straubel’s Redwood Materials is expanding into the battery materials business
Redwood Materials, the company started by former Tesla co-founder JB Straubel that aims to create a circular supply chain for batteries, is expanding its business. While it has been known primarily as a recycling firm, Redwood plans to simplify the supply chain by producing critical battery materials right here in the U.S. To get there, […]
Analysis-China’s house of cards: Evergrande threatens wider real estate market
September 14, 2021 By Tom Westbrook and Andrew Galbraith SINGAPORE/SHANGHAI (Reuters) – China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country’s top-selling property developer. Founded in Guangzhou in 1996, Evergrande has epitomised China’s freewheeling […]
Senate panel may subpoena U.S. Defense Secretary Austin to testify on Afghanistan -Menendez
September 14, 2021 WASHINGTON (Reuters) – The chairman of the Senate Foreign Relations Committee, Bob Menendez, said on Tuesday he was disappointed U.S. Defense Secretary Lloyd Austin did not agree to testify at a committee hearing on Afghanistan and he may subpoena him and others to do so. (Reporting by Doina Chiacu; Editing by Franklin […]
Amazon partners with AXS to install Amazon One palm readers at entertainment venues
Amazon’s biometric scanner for retail, the Amazon One palm reader, is expanding beyond the e-commerce giant’s own stores. The company announced today it has acquired its initial third-party customer with ticketing company AXS, which will implement the Amazon One system at Denver, Colorado’s Red Rocks Amphitheatre as an option for contactless entry for event-goers. This […]
Factbox – Germany’s election and energy/climate policy
September 14, 2021 BERLIN (Reuters) – Tackling climate change while guaranteeing reliable and affordable energy for Europe’s biggest economy is one of the top issues in Germany’s federal election on Sept. 26. All the mainstream parties agree emissions reduction targets are needed, but they are at odds on how to achieve them and how ambitious […]
Tennis – Raducanu’s toughest challenge is coping with the fame game
September 14, 2021 By Sudipto Ganguly (Reuters) – Emma Raducanu has spent her time hopping from one media interview to another since her fairytale U.S. Open triumph and how she deals with her new-found fame could be as important as her tennis skills for her long-term success. The 18-year-old Briton stunned the world with her […]
China develops machines that can track data sent abroad by cars
September 14, 2021 SHANGHAI (Reuters) -China, the world’s biggest vehicle market where regulators are implementing new rules on data protection, is developing machines that will be able to track data sent abroad by cars, a government-backed agency said on Tuesday. Cars are being fitted with an ever-increasing array of sensors and cameras to assist drivers. […]
As oil-well backlog shrinks, U.S. shale may upset investors and drill more
September 14, 2021 By Arathy S Nair (Reuters) – U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging, executives and analysts said. This would mean an increase in spending which could unsettle investors […]
U.S. Ex-Presidents Bush, Clinton, Obama band together to aid Afghan refugees
September 14, 2021 WASHINGTON (Reuters) – Three former U.S. presidents – Republican George W. Bush and Democrats Bill Clinton and Barack Obama – have banded together behind a new group aimed at supporting refugees from Afghanistan settling in the United States following the recent American withdrawal. The former U.S. leaders and their wives will serve […]
Tennis – Raducanu inspires Liverpool manager Klopp
September 14, 2021 (Reuters) – Emma Raducanu’s scintillating run to the U.S. Open title earned her millions of new fans worldwide and among them was Liverpool manager Juergen Klopp, who was captivated by the final and said he would now keep a closer eye on women’s tennis. Raducanu, 18, stunned the sporting world when she […]
EU says it has no option but to talk to Taliban
September 14, 2021 BRUSSELS (Reuters) – The European Union has no option but to talk to Afghanistan’s new Taliban rulers and Brussels will try to coordinate with member governments to organise a diplomatic presence in Kabul, the top EU diplomat said on Tuesday. “The Afghan crisis is not over,” EU foreign policy chief Josep Borrell […]
Soccer – CAF president urges ‘open minded’ debate on World Cup every two years
September 14, 2021 (Reuters) – Confederation of African Football (CAF) president Patrice Motsepe says discussions around hosting the World Cup every two years should continue “in an open minded manner”, providing a potential boost to FIFA’s controversial plans. Motsepe is viewed as a staunch ally of FIFA president Gianni Infantino and CAF provides a sizeable […]
Toyota, Honda urge Congress to reject expanded tax incentive that would benefit Ford, GM, Stellantis
Toyota Motor and Honda are urging legislators to reject a bill that would expand tax incentives for union-made electric vehicles that are built in the United States. The proposal – which Toyota blasted as “blatantly biased” and “exorbitant” in a letter to Congress – would expand the federal tax incentives from $7,500 to as much […]