News

September 17, 2021 By Michael Berens ST. LOUIS (Reuters) – When night fell, a clerk at a bustling 24-hour MotoMart flipped a switch from behind the counter. Electromagnetic locks sealed the doorway. A window sign, now illuminated in red, warned “facial recognition technology in use” and directed customers to “look up at the camera.” On […]

September 17, 2021 RIO DE JANEIRO (Reuters) – Brazil President Jair Bolsonaro on Thursday signed a decree to raise taxes on financial transactions for three months to pay for the so-called Auxílio Brasil pandemic welfare program. His office said it expects the higher IOF tax, which is charged on credit, foreign exchange, insurance transactions, or […]

September 17, 2021 By Shrutee Sarkar and Indradip Ghosh BENGALURU (Reuters) – The U.S. economic rebound has been dented in Q3, partly on the spread of the Delta coronavirus variant, with economists in a Reuters poll also pushing their expectations back to November for when the Federal Reserve announces an impending policy shift. Like in […]

September 17, 2021 By Jane Ross LOS ANGELES (Reuters) – While Americans have fought over masks and vaccines during the COVID-19 pandemic, musician David Byrne said he believes the health crisis showed that people actually yearn for a better society as he envisions in his Broadway show “American Utopia.” A filmed version of the stage […]

September 17, 2021 By Alicia Powell NEW YORK (Reuters) – More than a dozen Broadway musicals and plays are opening in September after the longest shutdown in the history of New York’s theater district. The 18-month-long pandemic closures threw hundreds of actors, musicians and dancers out of work, along with stage crews. Following are comments […]

September 17, 2021 By Nandita Bose (Reuters) -U.S. President Joe Biden on Thursday expressed confidence that Congress will pass both a bill funding infrastructure investments and a supplementary spending bill as Democrats seek to infuse trillions of dollars into the U.S. economy. Democrats in Congress are writing a $3.5 trillion spending bill that funds child […]

General Motors is extending the shutdown of its Orion Assembly Plant until at least mid-October as a result of a battery pack shortage related to the recently announced Chevy Bolt EV and EUV safety recall. Bloomberg first reported that the company intends to idle its plant through the week of October 11. “These most recent […]

Facebook is in the hot seat again. The Wall Street Journal published a powerful multi-part series on the company this week, drawing from internal documents on everything from the company’s secretive practice of whitelisting celebrities to its knowledge that Instagram is taking a serious toll on the mental health of teen girls. The flurry of […]

September 16, 2021 WASHINGTON (Reuters) – United Airlines said on Thursday that close to 90% of its U.S.-based employees had uploaded proof of COVID-19 vaccinations ahead of the company’s Sept. 27 deadline. United has taken a tough stance on employees who decline to get vaccinated and in early August became the first U.S. carrier to […]

September 16, 2021 By Alistair Smout LONDON (Reuters) – A British study will look into the immune responses of children to mixed schedules of different COVID-19 vaccines as officials try to determine the best approach to second doses in adolescents given a small risk of heart inflammation. Children aged 12-15 in Britain will be vaccinated […]

With R1T trucks rolling off the assembly line at its factory in Normal, Illinois, Rivian continues to prepare for the official debut of its first EVs later this month. On Thursday, the automaker introduced a membership program that will grant Rivian owners access to complimentary charging at its soon-to-be-built Adventure Network and Waypoints chargers. It […]

September 16, 2021 By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva and other multilateral-organization leaders on Thursday urged countries with high COVID-19 vaccination rates to boost efforts to send doses to low- and middle-income countries. Georgieva and the heads of the World Bank Group, World Health Organization and World Trade Organization […]

September 16, 2021 By David Shepardson and Diane Bartz WASHINGTON (Reuters) -The Biden administration announced on Thursday that it plans to award 16 slots for flights at Newark International Airport in New Jersey to a yet-to-be-determined low-cost carrier and said it could take action to boost competition at other major airports. The U.S. Justice Department, […]

September 16, 2021 By Andy Bruce LONDON (Reuters) – Bank of England rate-setters who may be tempted to vote next week for an early end to their COVID-19 stimulus plans are likely to hold off for now, with a slowing economy but surging inflation making for a tricky backdrop. Last month, Michael Saunders was the […]

September 16, 2021 BELFAST (Reuters) – Northern Irish police said on Thursday they had charged two men with the 2019 murder of journalist Lyra McKee in Londonderry, whose death sparked outrage in the British-run province. The men, aged 21 and 33, were also charged with rioting and possession of a firearm with intent to endanger […]

You’ve probably learned from Reid Hoffman before, either through his inventions, investments or inspirational words. The entrepreneur is the co-founder of LinkedIn, a partner at Greylock and the author of a new book based off of his hit podcast, Masters of Scale.  His storied past makes him chock-full of interesting anecdotes and lessons, which is […]

September 16, 2021 By Joseph White (Reuters) -Ford Motor Co said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring. The U.S. automaker, at an event attended by Michigan’s Democratic Governor […]

September 16, 2021 AMSTERDAM (Reuters) – A Dutch museum on Thursday unveiled a previously unknown work by Vincent van Gogh — a study for one of his best-known drawings, “Worn Out” — in which an old man sits in a chair with his head in his hands. Van Gogh “was really interested in the ordinary […]

September 16, 2021 (Reuters) – British Prime Minister Boris Johnson is set to be offered a defence and security co-operation deal with the European Union during a meeting with Dutch Prime Minister Mark Rutte in Downing Street on Friday, the Times newspaper reported, citing a diplomatic source. “Since Brexit, not enough European leaders have been […]

September 16, 2021 WASHINGTON (Reuters) – – The U.S. State Department has approved a potential agreement covering up to $500 million in military support services for Saudi Arabia, and has sent the agreement to Congress for review, the Pentagon said on Thursday. It was the first major defense agreement for Saudi Arabia sent to Congress […]