September 13, 2021 By Sarah N. Lynch WASHINGTON (Reuters) -Olympic champion Simone Biles will be one of several renowned gymnasts who will testify before a U.S. Senate panel this week, as it explores how the FBI botched its investigation into disgraced former USA Gymnastics doctor Larry Nassar, the Senate Judiciary Committee said on Monday. Along […]
French central bank raises growth outlook as economy booms
September 13, 2021 PARIS (Reuters) – France’s economy is recovering more quickly than expected this year as the COVID-19 crisis wanes, the central bank said on Monday, raising its growth outlook for this year. The euro zone’s second-biggest economy is on course to grow 6.3% this year, the Bank of France said in its quarterly […]
U.S. SEC fines media firms over $539 million for illegal securities offerings
September 13, 2021 (Reuters) – Three media companies have agreed to pay more than $539 million to settle U.S. Securities and Exchange Commission (SEC) charges over illegal offerings of stock and digital assets, the regulator said on Monday. The SEC charged New York-based GTV Media Group Inc. and Saraca Media Group Inc and Phoenix-based Voice […]
U.S. August budget deficit falls as revenues recover
September 13, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. government on Monday posted a $171 billion budget deficit for August, 15% lower than the $200 billion gap a year ago, as recovery-driven tax receipts grew faster than outlays for COVID-19 pandemic relief programs, the Treasury Department said. The August deficit was $2 billion […]
Bankruptcy judge approves Purdue Pharma’s $7 million executive bonus plan
September 13, 2021 (Reuters) – Purdue Pharma, the bankrupt maker of the OxyContin painkiller, on Monday obtained court approval to pay up to $7.1 million in incentive payments for five top executives if they meet certain goals, despite opposition from government lawyers. U.S. Bankruptcy Judge Robert Drain in White Plains, New York signed off on […]
Ford hires new chief digital information officer as it seeks to expand into software and services
Ford Motor has hired Mike Amend as its chief digital and information officer as the automaker seeks to expand into software, subscriptions and in-vehicle connectivity. Amend, who was president of Lowe’s Online for three years, will focus on Ford’s “use of data, software and technology” — all areas central to Ford’s new Ford+ strategy, the […]
Factbox: The federal party leaders contesting Canada’s election
September 13, 2021 OTTAWA (Reuters) – Here are brief profiles of the Canadian political party leaders contesting the Sept 20 election. Justin Trudeau (Liberals) – Trudeau, 49, has been prime minister since November 2015 after he became the first leader to take a party from third place to an election win. He then lost his […]
Environmental threats are biggest challenge to human rights -UN
September 13, 2021 By Emma Farge GENEVA (Reuters) -The U.N. rights chief said the “triple planetary crises” of climate change, pollution and nature loss represented the biggest threat to human rights globally at the opening on Monday of a month-long session set to prioritise environmental issues. “As these environmental threats intensify, they will constitute the […]
Biden to host leaders of Australia, Japan, India Sept. 24 -U.S. official
September 13, 2021 By David Brunnstrom WASHINGTON (Reuters) – U.S. President Joe Biden will host a first in-person summit of leaders of the “Quad” countries – Australia, India, Japan and the United States – next week, a senior U.S. official told Reuters on Monday. The summit will be held at the White House on Sept. […]
3 keys to pricing early-stage SaaS products
Yousuf Khan Contributor Share on Twitter Yousuf Khan is a partner at Ridge Ventures. Prior to joining Ridge, he was the first CIO of Automation Anywhere, CIO and Vice President of Customer Success at cloud-based AI platform Moveworks, as well as CIO of Pure Storage, Qualys and Hult International Business School. More posts by this […]
White House says it remains prepared to engage with North Korea
September 13, 2021 ABOARD AIR FORCE ONE (Reuters) – White House principal deputy press secretary Karine Jean-Pierre said on Monday the United States remains prepared to engage with North Korea, after Pyongyang reportedly carried out successful tests of a new long-range cruise missile over the weekend. “Our position has not changed when it comes to […]
Analysis-Argentina primary defeat puts Peronists in tough spot on policy
September 13, 2021 By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Peronists are caught between a rock and a hard place after a crushing defeat in midterm congressional primaries on Sunday: shift to the center to win back crossover voters or double down on populist policies to fire up the base. The Sunday vote https://ift.tt/390iRVI, […]
Join Team TechCrunch at these speed networking sessions at Disrupt
Grab a red Sharpie, circle September 20 on your calendar (ooh, how old school), and get ready to jump start your TechCrunch Disrupt 2021 networking experience. Sure, Disrupt’s “official” run is September 21-23, but why wait to meet other movers and shakers in your specific tech category? We’re hosting a series of speed networking sessions […]
Hamilton and Verstappen will not back off, says Brawn
September 13, 2021 LONDON (Reuters) – The title battle between Lewis Hamilton and Max Verstappen is likely to stay full-on to the end of the season despite the pair crashing into each other at Monza, Formula One boss Ross Brawn said on Monday. Italian Grand Prix Stewards deemed Red Bull’s championship leader Verstappen was at […]
Pope honors Slovak Holocaust victims on site of demolished synagogue
September 13, 2021 By Robert Muller BRATISLAVA (Reuters) – Pope Francis, at a memorial to the more than 100,000 Slovak Jews killed in the Holocaust, said on Monday that it was shameful how people who said they believed in God perpetrated or permitted “unspeakable acts of inhumanity”. At a somber ceremony at a spot where […]
Pope, in Slovakia, warns European countries against being self-centred
September 13, 2021 By Philip Pullella and Robert Muller BRATISLAVA (Reuters) -Pope Francis warned against too much focus on individual rights and culture wars at the expense of the common good on Monday during a visit to Slovakia amid increased nationalism and anti-immigrant sentiment across eastern Europe. The 84-year-old Francis, looking fit, is making his […]
How Colossal sold investors on a quest to resurrect a woolly mammoth
There are a growing number of companies interested in CRISPR’s potential to upend medicine. It’s probably safe to say there’s only one company interested in using the gene-editing system to create a living, breathing woolly mammoth. Or, at least, something pretty close to it. That’s the primary mission of a new company called Colossal. Co-founded […]
Raducanu can become one of world’s most marketable athletes
September 13, 2021 By Martyn Herman LONDON (Reuters) – Emma Raducanu’s astonishing U.S. Open triumph could lead to a pot of gold worth around 20 million pounds ($27.7 million) over the next two years and that may be just the start, according to sports marketing experts. The 18-year-old Briton was almost unheard before reaching the […]
How will Biden’s vaccine mandate impact workers, companies?
September 13, 2021 WASHINGTON (Reuters) -President Joe Biden announced new mandates on Thursday to spur Americans who are not vaccinated against COVID-19 to get a shot. The measures apply to more than 100 million workers, but it is not known how many of those are already vaccinated. Here is a look at what the measures […]
Union at Albemarle Atacama plant rejects new contract offer, strike continues
September 13, 2021 By Dave Sherwood SANTIAGO (Reuters) – A Chilean union at Albemarle Corp, the world’s top lithium producer, said on Monday it had rejected the company’s latest labor contract offer, leaving workers to continue a walk off that has extended for more than a month. The 135-member “Albemarle Salar” union, which comprises about […]
