News

October 7, 2021 By Sharay Angulo MEXICO CITY (Reuters) -U.S. automaker Ford will temporarily suspend production from Oct. 11-12 at its Hermosillo plant in Mexico because of a shortage of material, the plant’s labor union said on Thursday. Workers will be paid 75% of salaries on those days, the union added in a statement. Ford […]

October 7, 2021 (Reuters) – Australia’s biggest grocery chain Woolworths Group Ltd said on Friday it has settled a class action lawsuit filed against it by a Canberra law firm in 2019 for underpaying supermarket workers. The grocery firm said it would make an ex-gratia payment of A$2,500 plus retirement benefits to its about 20,000 […]

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 7, 2021! Sure, we’re excited about software here at TechCrunch, but we also keep at least one eye on the sky at all times. […]

Google announced Thursday that it would no longer allow ads or monetization for content that promotes climate change denialism. The policy change will apply to publishers, advertisers and YouTube creators, who will no longer be able to make money from content that “contradicts well-established scientific consensus around the existence and causes of climate change.” Google […]

October 7, 2021 By John McCrank (Reuters) – Sports betting will likely occur through exchanges and retail brokerages like Robinhood Markets Inc in the future, the head of North American markets at Nasdaq Inc said on Thursday. Nasdaq in June took a stake in Sporttrade, a start-up that plans to launch a sports betting app […]

October 7, 2021 WASHINGTON (Reuters) – The U.S. House of Representatives Select Committee investigating the deadly Jan. 6 riot at the Capitol said on Thursday it had issued more subpoenas seeking testimony and records related to a rally that took place the day mobs of former President Donald Trump’s supporters stormed the seat of the […]

October 7, 2021 By Robin Emmott, John O’Donnell and Jonathan Landay BRUSSELS/FRANKFURT/WASHINGTON (Reuters) – As desperate Afghans resort to selling their belongings to buy food, international officials are preparing to fly in cash for the needy while avoiding financing the Taliban government, according to people familiar with the confidential plans. Planning for the cash airlifts […]

October 7, 2021 WASHINGTON (Reuters) -The United States believes its security cooperation with Mexico is “due for an updated look,” State Department spokesperson Ned Price said on Thursday, ahead of meetings between senior U.S. and Mexican officials on Friday. “This will really be one of the core elements of the discussions tomorrow,” Price said at […]

October 7, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was steady against a basket of currencies on Thursday, the day before U.S. labor market data that could provide clues to timing of the Federal Reserve’s next move. Most major currency pairs clung to familiar ranges, with traders disinclined to place large wagers […]

October 7, 2021 By Johan Ahlander, Gwladys Fouche and Julie Steenhuysen GOTHENBURG, Sweden (Reuters) – All eight winners of the 2021 Nobel Prizes in medicine (https://ift.tt/3FciNkq), chemistry (https://ift.tt/3AmyORp), physics (https://ift.tt/3ozF8T5) and literature (https://ift.tt/3mBB6qI) have been men, re-igniting a recurring debate about diversity in the highly coveted awards, particularly those in science. Ardem Patapoutian and David […]

October 7, 2021 By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s two leading economic thinkers sparred on Thursday over how likely it was for the recent, sharp rise in euro zone inflation to become permanent. Philip Lane and Isabel Schnabel, who lead the economic debate on the ECB’s board, both […]

October 7, 2021 (Reuters) – Stellantis, the world’s fourth largest carmaker, said on Thursday it would invest $229 million in three plants in Indiana to expedite the development of electric vehicles. The investment, which will retain 662 jobs, will retool three Kokomo plants in Indiana to produce electrified, eight-speed transmissions, Stellantis said. A global clampdown […]

October 7, 2021 By Hanna Rantala LONDON (Reuters) – American actress Kristen Stewart premiered drama “Spencer” at the London Film Festival on Thursday, saying she was excited to bring her portrayal of the late Princess Diana to British audiences. The 31-year-old has won rave reviews for her performance in the movie. Set over three days, […]

October 7, 2021 By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) – Democrats are close to finalizing a plan supported by U.S. Senator Joe Manchin that would boost tax credits for power plants that capture carbon, as the White House courts him to pass a multi-trillion spending plan, two sources said. The carbon sequestration tax […]

Twitch confirmed yesterday that a massive cache of internal data, including creator payouts, was published online after a breach. The streaming platform said in a blog post that the leak was caused by an error in a Twitch server configuration change, which was then accessed by a malicious third party. For many streamers, this leak […]

October 7, 2021 By Maiya Keidan and Shariq Khan TORONTO (Reuters) – Canadian mergers and acquisitions activity for the third quarter hit its highest since 2016 as historically low interest rates and strong equity markets helped companies to revive transactions that were put on hold due to the pandemic. Dealmaking rose 27.7% to $76.6 billion […]

October 7, 2021 By Julie Gordon OTTAWA (Reuters) -The factors influencing Canada’s red-hot inflation are proving more persistent than expected, but there are “good reasons to believe” they remain temporary, Bank of Canada Governor Tiff Macklem said on Thursday. Macklem, answering questions after a speech to a foreign policy think-tank, said Canada’s central bank continues […]

October 7, 2021 By Ange Aboa ABIDJAN (Reuters) – Ivory Coast’s cocoa board will allocate a maximum of 200,000 tonnes of cocoa to local exporters this season, half as much as envisaged under a government decree to boost local firms’ competitiveness, five industry sources told Reuters on Thursday. In May, the government ruled that 20% […]

October 7, 2021 By Joseph Menn and Christopher Bing SAN FRANCISCO (Reuters) -The suspected Russian hackers who used SolarWinds and Microsoft software to burrow into U.S. federal agencies emerged with information about counter-intelligence investigations, policy on sanctioning Russian individuals and the country’s response to COVID-19, people involved in the investigation told Reuters. The hacks were […]

October 7, 2021 By Simon Jessop and Ross Kerber LONDON/BOSTON (Reuters) -BlackRock Inc plans to give large clients more of a say on ballots cast at company annual meetings, a move that some industry experts predicted could result in companies facing more opposition from rebellious shareholders. BlackRock – the world’s largest money manager with $9.5 […]