News

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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. […]

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 […]

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 […]

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, […]

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 […]

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 […]

October 6, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bitcoin surged on Wednesday to its highest level in five months, as market sentiment continued to improve due in part to news a hedge fund controlled by billionaire investor George Soros trades bitcoin. Investors also expect a seasonal rally in cryptocurrencies this quarter. The world’s largest […]

October 6, 2021 (Reuters) – Bank of America Corp will pay out $200 awards to its employees at Merrill Lynch Wealth Management who have been fully vaccinated and going to office regularly, according to a memo shared with Reuters on Wednesday. The awards will be offered to client associates, administrative support and operations staff at […]

October 6, 2021 WASHINGTON (Reuters) – The International Monetary Fund’s executive board will meet again on Friday after interviewing Managing Director Kristalina Georgieva on Wednesday over claims that she pressured World Bank staff to alter data to favor China, a source familiar with the deliberations said. An IMF spokesperson confirmed that the board met with […]

October 6, 2021 By Daniel Wiessner (Reuters) – Amazon.com Inc has been accused of violating Colorado state law by failing to pay warehouse workers for time spent undergoing COVID-19 screenings before clocking in at work. Jennifer Vincenzetti, who worked at two Amazon warehouses in Colorado Springs, filed a proposed class action in Colorado federal court […]

General Motors said it expects its in-car subscription services to generate nearly $2 billion in revenue this year and will reach as high as $25 billion by the end of the decade, an amount the company said Wednesday will put it in the same league as Netflix, Peloton and Spotify. The automaker has 16 million […]

October 6, 2021 UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio Guterres called on Ethiopia’s government on Wednesday to allow the world body to deliver humanitarian aid to millions in the country’s north “without hindrance.” During a U.N. Security Council meeting, Guterres urged Ethiopia’s government to allow “unrestricted movement of desperately needed fuel, cash, communications […]

October 6, 2021 WASHINGTON (Reuters) – The United States and China reached an agreement in principle for U.S. President Joe Biden and Chinese leader Xi Jinping to hold a virtual meeting before the end of the year, a senior U.S. administration official said on Wednesday. The official made the comment to reporters following a meeting […]