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September 15, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil prices rose over $2 a barrel on Wednesday after government data showed a larger-than-expected drawdown in U.S. crude inventories, and on expectations demand will rise as vaccination roll-outs widen. U.S. crude oil stockpiles fell last week to the lowest since September 2019, the U.S. Energy […]

Ash Fontana Contributor Share on Twitter Ash Fontana, a managing director at Zetta Ventures, is the author of “The AI-First Company: How to Compete and Win with Artificial Intelligence.” More posts by this contributor Growing up in the intelligence era Investors in AI-first technology companies serving the defense industry, such as Palantir, Primer and Anduril, […]

Reach Capital, a San Francisco-based venture firm co-founded by Jennifer Carolan and Shauntel Garvey, focused exclusively on edtech for years before the sector ballooned with unicorns. The rare, female-led partnership closed its third fund in February, a $165 million vehicle and its largest to date. That said, returns from its previous funds show that the […]

September 15, 2021 By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris will urge Congress on Wednesday to back proposed spending on affordable childcare, armed with a new Treasury report that maps out big benefits such care offers the economy. Congress is considering a $3.5 trillion package of measures […]

September 15, 2021 (Reuters) -Videogame maker Electronic Arts said on Wednesday it has delayed the worldwide launch of its “Battlefield 2042” game to Nov. 19 from Oct.22 earlier. Shares of the company rose 3.6% in extended trading. EA, whose shares were down 6% at close on rumors the Battlefield game would be delayed, said it […]

September 15, 2021 By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work and saying at a conference this week that bitcoin and other digital currencies are an interesting way to diversify their holdings. Dalio, who founded the world’s largest hedge […]

September 15, 2021 By Jonathan Stempel NEW YORK (Reuters) – A southern California company that sells beer, wine and bottled water targeting female customers has been sued by the U.S. Securities and Exchange Commission for allegedly defrauding investors out of millions of dollars. In a complaint filed on Tuesday, the SEC said SHE Beverage Co […]

September 15, 2021 By Mike Stone WASHINGTON (Reuters) -Raytheon, the maker of Tomahawk missiles, will require all U.S. employees to have a COVID-19 vaccination, the company said in a Wednesday statement. The employees need to get shots by mid-December in order to meet a Jan. 1 deadline for immunization, a source familiar with policy said. […]

September 15, 2021 LOS ANGELES (Reuters) – “The Bodyguard,” the 1992 movie that launched the acting career of the late Whitney Houston and featured her most famous song, is getting a reboot. Hollywood movie studio Warner Bros said on Wednesday that a reimagining of the romantic thriller is in development with a script penned by […]

September 15, 2021 By Sarah N. Lynch WASHINGTON (Reuters) -Olympic gymnast McKayla Maroney on Wednesday told U.S. lawmakers she feels betrayed by FBI agents, after they failed to investigate former USA Gymnastics doctor Larry Nassar, despite her telling them he had sexually abused her. FBI Director Chris Wray told the Senate panel that the actions […]

September 15, 2021 By Sarah Marsh HAVANA (Reuters) – Fresh turmoil hit Haiti’s government on Wednesday as a senior official stepped down saying he could not serve a premier under suspicion in the assassination of President Jovenel Moise and refusing to cooperate in the investigation. The resignation of Renald Luberice, who served more than four […]

September 15, 2021 By Jacob Gronholt-Pedersen NUUK, Greenland (Reuters) – Greenland said on Wednesday it had agreed a new economic aid package with the United States which seeks to boost ties the world’s biggest island and strengthen U.S. military presence in the Arctic. Washington has a military base on Greenland but paid little attention to […]

A 22-month old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the world’s second largest internet market. Apna announced on Thursday that it has raised $100 million in a round led by Tiger […]

September 15, 2021 (Reuters) – The head of global soccer players’ union FIFPRO criticised FIFA’s lack of consultation with stakeholders before proposing its biennial World Cup plan, saying it raised serious concerns by adding more pressure to the international calendar. World soccer’s ruling body announced a feasibility study on holding the men’s and women’s World […]

September 15, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slumped against major currencies on Wednesday after softer-than-expected U.S. inflation data released on Tuesday eased short-term expectations about tapering of asset purchases from the Federal Reserve. The dollar index last stood at 92.514, down about 0.2% from Tuesday, when it dropped following the inflation […]

September 15, 2021 By Greg Roumeliotis (Reuters) -Canadian Pacific Railway Ltd inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern on Wednesday after Canadian National Railway Co conceded it could not save its own $29.6-billion deal for the U.S. railway. The combination will create the first direct railway linking Canada, the United States […]

September 15, 2021 By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended higher on Wednesday as surging crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, prompting a broad rally. All three major U.S. stock indexes gathered strength, with economically sensitive […]

September 15, 2021 By Richard Lough PARIS (Reuters) – For Paris photographer Olivier Sanchez, there is only one story in town: the new life of Lionel Messi. Newspapers and magazines around the world harangue his Crystal Pictures agency for images of the Argentine footballer, his wife and children settling into the French capital a month […]

September 15, 2021 WASHINGTON (Reuters) – President Joe Biden was meeting separately with moderate Democratic U.S. Senators Joe Manchin and Kyrsten Sinema on Wednesday to discuss Democratic-backed domestic spending legislation, the White House said. Democrats hold a slim majority in the Senate, making Manchin and Sinema critical to the $3.5 trillion bill’s prospects. White House […]

September 15, 2021 By Daniel Wiessner (Reuters) – A U.S. appeals court on Wednesday said the Biden administration could continue to limit who can be arrested by U.S. immigration agents pending the outcome of its appeal of a federal judge’s ruling that blocked a memo outlining new enforcement priorities. The New Orleans-based 5th U.S. Circuit […]