October 6, 2021 (Reuters) – American teenager Coco Gauff has urged U.S. Open champion Emma Raducanu to be wary of social media following the Briton’s maiden Grand Slam triumph at Flushing Meadows last month. Raducanu, who became the first qualifier to win a major, has since gained thousands of new followers on social media, setting […]
Mexico’s electricity proposal “negative” for sovereign rating – Moody’s
October 6, 2021 MEXICO CITY (Reuters) – The Mexican president’s proposal to reform the country’s electricity sector is “negative” for the sovereign credit rating of Latin America’s second-largest economy, Moody’s Investors Service said on Wednesday. The ratings agency warned in a statement the bill would likely trigger international legal disputes, affect foreign investment competitiveness as […]
Bitcoin rises 7.1% to $55,163
October 6, 2021 (Reuters) – Bitcoin rose 7.11% to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 98.9% from the year’s low of $27,734 on Jan. 4. Ether, the coin linked to the ethereum blockchain network, rose 2.15% to $3,591.72 on Wednesday, […]
Dow aims to add $3 billion to core earnings by 2030 with new net-zero unit
October 6, 2021 By Arathy S Nair (Reuters) -Dow Inc unveiled on Wednesday plans to boost its core earnings by $3 billion a year over the next decade, with investments that include building a new net-zero carbon emissions ethylene and derivatives facility in Alberta, Canada. The chemicals maker, once part of DowDupont, joins a growing […]
Union at Exxon Beaumont, Texas, refinery faces removal vote
October 6, 2021 By Erwin Seba HOUSTON (Reuters) – Members of the union representing locked-out workers at Exxon Mobil Corp’s Beaumont, Texas, refinery have submitted a petition to force a vote on removing the union, the union and company said on Wednesday. Exxon and the local United Steelworkers union said they were notified by the […]
Factbox: How Fed policymaker investments stack up against each other
October 6, 2021 (Reuters) – U.S. Federal Reserve senior officials’ private investments are under growing scrutiny following revelations and the subsequent resignations of two regional Fed Bank Presidents for controversial trades last year at a time when the central bank was undertaking a rescue of the economy. The six members of the Fed Board of […]
Spirit AeroSystems to mandate vaccines for employees by Dec 8
October 6, 2021 WASHINGTON (Reuters) – Aircraft parts manufacturer Spirit AeroSystems said on Wednesday it is mandating COVID-19 vaccines for its 10,500 employees by Dec. 8 in line with an executive order for contractors signed by President Joe Biden last month. The White House announced the Dec. 8 deadline for employees of federal contractors and […]
Google Flights adds new feature that displays estimated carbon emissions for trips
Google launched a new feature on Wednesday that shows users the environmental impact of flights. Starting today, users will see carbon emissions estimates for nearly all flights in the search results. The estimate is visible next to the price and duration of the flight. Google notes that the new feature will allow users to factor […]
Twitter is testing prompts that warn you when a conversation has bad vibes
If you’ve ever tweeted something innocuous that went on to kick off a firestorm of unwanted attention, you know full well that people on Twitter will fight about anything and everything — it’s the internet’s premier destination for high-speed, low-information opinion slinging, after all. Twitter has been working on ways to tone down the toxicity […]
Stocks rebound on progress toward U.S. debt ceiling resolution
October 6, 2021 By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -Soaring energy prices retreated and stocks on Wall Street rebounded on Wednesday after the top U.S. Senate Republican backed an extension of the U.S. debt ceiling and Russia calmed volatile natural gas markets in Europe. The unrelated moves eased growing angst among investors […]
Dollar advances on inflation worries; payrolls data eyed
October 6, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar climbed across the board on Wednesday, as surging energy prices fuelled concerns about inflation and interest rate hikes, knocking investors’ appetite for riskier assets and driving flows to safe-havens. With oil prices hitting their highest in seven years, shares fell and government […]
GM, General Electric to study rare earth supply projects for EVs
October 6, 2021 (Reuters) -General Motors Co and General Electric Co said on Wednesday they plan to study ways they could develop a supply chain of rare earths and other minerals used to make electric vehicles and renewable energy equipment. Both companies signed a memorandum of understanding to evaluate how they could work together to […]
Tesla would face tough road in any bid to slash $137 million racial bias verdict in U.S
October 6, 2021 (Refiles to correct date to Oct 6 in dateline) By Daniel Wiessner (Reuters) – Tesla Inc will likely seek to slash a $137 million jury award for a Black worker who accused the automaker of racial discrimination, but could have difficulty reducing the verdict amid claims that the company tolerated widespread harassment, […]
Subsiding COVID-19 infections boost U.S. private payrolls in September
October 6, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in September as COVID-19 infections started subsiding, boosting hiring at restaurants and other high-contact businesses. The ADP National Employment Report released on Wednesday supported expectations that job growth picked up last month, though it has a poor record predicting […]
NBCUniversal names former Hulu exec Kelly Campbell to lead Peacock
October 6, 2021 (Reuters) – Comcast Corp-owned NBCUniversal on Wednesday named former Hulu executive Kelly Campbell as president of its streaming service Peacock. Campbell’s arrival comes at a time when NBCUniversal is looking to build a streaming giant in Peacock with an array of offerings from World Wrestling Entertainment Inc’s wrestling shows to Super Bowls. […]
Nigeria expects $219 million from selling state power assets
October 6, 2021 ABUJA (Reuters) – Nigeria expects to raise 90 billion naira ($219 million) next year from selling mostly government-owned power assets to help fund spending in 2022, the finance minister said on Wednesday. The National Integrated Power Projects (NIPPs) is the government vehicle that owns several power generation plants in the country. In […]
StudyStream gives students a place to study live with thousands of others
Still can’t wrap your head around people wanting to watch others play video games on the Internet? Here’s another one that might bend your brain a bit: people watching other people study. While it’s easy to miss if you’re a few years out of school, there’s a whole Internet community built around studying and how […]
EU lawmakers mull changes that could bring European companies under EU tech rules
October 6, 2021 By Foo Yun Chee STRASBOURG (Reuters) – European Union lawmakers may lower a threshold that determines which companies will be subject to new tech rules, a top EU lawmaker said on Wednesday. The proposal could mean some European companies, such as Booking.com, might join the list that the rules will apply to, […]
U.S. debt limit crisis must be resolved ‘immediately’ Treasury’s Yellen says
October 6, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said the country’s debt limit needs to be raised by Congress “immediately” to avoid a financial crisis. Speaking with bank CEOs and President Joe Biden at the White House, Yellen warned the Treasury would have “very limited cash” that would be quickly depleted after […]
Dimon, business leaders warn debt ceiling brinkmanship risks ‘catastrophe’
October 6, 2021 By Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen, JPMorgan Chase &Co Chief Executive Jamie Dimon and Nasdaq CEO Adena Friedman warned on Wednesday of financial and economic catastrophe if Congress fails to raise the debt ceiling. The three and other business leaders met U.S. President Joe Biden […]
