September 3, 2021 By Jonnelle Marte and Ann Saphir (Reuters) – Attaining its goal of maximum employment has always been a tall order for the Federal Reserve but broadening the scope of that objective to one that is also “broad and inclusive” has made the task tougher still, with Friday’s payrolls report standing as a […]
As U.S. unemployment benefits end, firms hope for a wave of applicants
September 3, 2021 By Ben Klayman and Timothy Aeppel (Reuters) – Joe Perkins, head of Michigan-based auto supplier Mobex Global, marked Labor Day weekend this year as more than a holiday or a symbolic nod to U.S. workers. It now carries real-world significance as the lapse of federal unemployment benefits on Sept. 4 brings hope […]
Exclusive-‘They’ll kill us’ – Afghan pilots held at Uzbek camp fear deadly homecoming
September 3, 2021 By Phil Stewart (Reuters) – The U.S.-trained Afghan pilots and others held at a camp in Uzbekistan already feared being sent back to Taliban-ruled Afghanistan. So it was little comfort when an Uzbek guard unsympathetically quipped the other day: “You can’t stay here forever.” The offhand warning added to an already grinding […]
Dollar weakens after U.S. payrolls miss
September 3, 2021 (Corrects to show euro high of 1.1909, not 1.909) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar weakened further against a basket of major currencies on Friday after a much softer than expected U.S. payrolls report that is likely to keep the Federal Reserve on hold in scaling back its massive […]
U.S. ends Zurich bank ZKB’s criminal tax evasion case
September 3, 2021 NEW YORK (Reuters) – The U.S. government is ending its criminal case against Zuercher Kantonalbank for helping wealthy Americans evade taxes, after the Zurich lender paid $98.5 million and complied with a three-year deferred prosecution agreement. In a Friday filing with the U.S. District Court in Manhattan, a federal prosecutor said “the […]
Taliban sources say last Afghan holdout region has fallen
September 3, 2021 (Reuters) -Three Taliban sources said the Islamist militia had on Friday seized the Panjshir valley north of Kabul, the last province of Afghanistan holding out against it, although a resistance leader denied it had fallen. “By the grace of Allah Almighty, we are in control of the entire Afghanistan. The troublemakers have […]
Blinken to travel to Qatar and Germany to hold meetings on Afghanistan
September 3, 2021 WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken said on Friday he would travel to Qatar on Sunday to meet with the country’s leaders and thank them for their help during the evacuation from Afghanistan, and later proceed to Germany where he will hold a ministerial meeting. Blinken told a news conference […]
Early Canada election call backfires on Trudeau, who now trails in polls
September 3, 2021 By David Ljunggren MONTREAL (Reuters) – Canada’s Liberal Prime Minister Justin Trudeau finds himself behind in polls ahead of a snap election he called hoping his management of the COVID-19 crisis would propel him to victory. Trudeau called the Sept. 20 election last month, two years ahead of schedule. At the time, […]
Euro junk bond yields below inflation for first time
September 3, 2021 By Yoruk Bahceli (Reuters) – Yields on euro area junk-rated bonds have fallen below the bloc’s inflation rate for the first time, a further sign of the scarcity of assets offering investors any real returns. The 2.3% yield on the ICE BofA euro high-yield index is now more than 60 basis points […]
The cocktail party problem: Why voice tech isn’t truly useful yet
Ken Sutton Contributor Share on Twitter Ken Sutton is CEO and co-founder of Yobe, a software company that uses edge-based AI to unlock the potential of voice technologies for modern brands. On average, men and women speak roughly 15,000 words per day. We call our friends and family, log into Zoom for meetings with our […]
Motor racing – Hamilton hails ‘epic’ Zandvoort as Dutch track returns to F1
September 3, 2021 ZANDVOORT, Netherlands (Reuters) – Lewis Hamilton and his Formula One rivals were buzzing on Friday as the sport returned to Zandvoort for the first Dutch Grand Prix in 36 years, although the likely lack of overtaking possibilities remained a concern. “Oh man, the track is epic,” said Mercedes’ seven-times world champion, who […]
Tennis – Halep outlasts Rybakina in three-set thriller at U.S. Open
September 3, 2021 NEW YORK (Reuters) – Romania’s twice Grand Slam winner Simona Halep outlasted Kazakhstan’s Elena Rybakina 7-6(11) 4-6 6-3 in a dramatic third-round showdown at the U.S. Open on Friday. Twelfth seed Halep saved four set points before converting on her seventh courtesy of a double fault by Rybakina in an epic, 18-minute […]
Payrolls and the stock market: Wall Street usually shrugs off jobs report
September 3, 2021 By Stephen Culp NEW YORK (Reuters) – Markets always look to the Labor Department’s monthly employment report with great anticipation. But whether the data disappoints or surprises to the upside often has only a modest effect on overall stock index moves. Friday’s report missed consensus by a mile, for example, showing the […]
Kristen Stewart’s turn as Princess Diana wows Venice
September 3, 2021 By Silvia Aloisi VENICE, Italy (Reuters) -U.S. actress Kristen Stewart’s interpretation of Princess Diana in “Spencer” got a warm reception at the Venice Film Festival, where it premiered on Friday, with some critics already tipping her as an Oscar favourite. Chilean director Pablo Larrain follows a transformative Stewart as the troubled princess […]
Maggie Gyllenhaal picks Ferrante novel for her directing debut
September 3, 2021 By Silvia Aloisi VENICE, Italy (Reuters) – Maggie Gyllenhaal picked an unconventional novel about motherhood for her debut as a director in “The Lost Daughter”, which premiered at the Venice Film Festival on Friday. In the film, Olivia Colman plays Leda, a middle-aged British literature professor vacationing on her own in Greece […]
Evacuated Afghans, hoping to resettle in U.S., face extended limbo in third countries
September 3, 2021 (This September 03 story refiles to correct typing error in “foundations” in paragraph 29) By Kristina Cooke and Mica Rosenberg (Reuters) – In mid-August, Ahmad got an urgent call from his nephew, Zia, telling him to come immediately to Kabul airport to try to get on an evacuation flight. Members of the […]
Former Patriots WR David Patten dies at 47
September 3, 2021 Former NFL wide receiver David Patten, who won three Super Bowl championships with the New England Patriots, died Thursday night. He was 47. The cause of death has not been confirmed, but multiple reports said Patten was killed in a motorcycle accident. Patten played in 147 games for five teams from 1997-2008 […]
Chevron braces for activist challenge; meets Engine No.1 representatives- WSJ
September 3, 2021 (Reuters) – Chevron Corp is preparing to defend itself against a potential challenge from activist investors and met with representatives of the pro-environment fund at the center of similar events at Exxon earlier this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Chevron shared some of […]
U.S. Gulf Coast oil industry groans under uneven Ida recovery
September 3, 2021 By Marianna Parraga and Liz Hampton HOUSTON (Reuters) -The engine of the U.S. offshore energy industry struggled to recover from Hurricane Ida on Friday as a lack of crews, power and fuel left companies unable to fully assess the damage to offshore facilities. Ports were reopening and some pipelines restarted as companies […]
As the 20th anniversary of 9/11 rolls around, filmmakers take different approaches
September 3, 2021 (Reuters) – A slew of new films and TV series are being released around the 20th anniversary of the September 11, 2001, attacks, taking different approaches as the United States looks back on that day that changed everything. One of the more high-profile projects being released is “Worth.” A Netflix film, “Worth” […]
