September 27, 2021 By Howard Schneider WASHINGTON (Reuters) – U.S. employment is “still a bit short of the mark” for the Federal Reserve to begin reducing its monthly bond purchases, Fed Governor Lael Brainard said on Monday in remarks highlighting the risk that a resurgent pandemic may continue to thwart hiring into the fall. Brainard, […]
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EdSights gets a $5 million Series A for student retention services
When sister duo Claudia and Carolina Recchi were first building EdSights, they used a big guiding question. “In a perfect world [where] we somehow had a magic wand that allowed us to collect the data on whatever we want on our fingers, what would we want to know to prevent [college] students from dropping out?,” […]
Introducing TechCrunch+, advice and analysis to help startups get ahead
We’re changing the name of our membership product to TechCrunch+. We’re doing so for a few reasons but mainly because you know and trust TechCrunch to bring you the best alpha possible in the startup ecosystem. We also feel that the work the team is doing to provide our subscribers with a more, better and […]
Coinbase to let you deposit part of your paycheck into your Coinbase account
Cryptocurrency company Coinbase is announcing a handful of new features. While the company is better known for its exchange that lets you convert USD into various cryptocurrencies, Coinbase wants to expand its consumer services so that you use the platform for different use cases with more financial services. First, the company will soon launch direct […]
‘Massively grateful’ Daniel Craig bids farewell to James Bond
September 27, 2021 By Sarah Mills LONDON (Reuters) – Daniel Craig thought he had wrapped up his tenure as James Bond with “Spectre”, but the actor says his final fifth outing as the British secret agent in “No Time To Die” allowed him to fully complete his 007 journey. Nearly 60 years after the first […]
European shares end lower; German stocks rise on election relief
September 27, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) -Europe’s STOXX 600 index ended lower on Monday as declines in tech stocks offset gains in banks and energy, while German shares hit 10-day highs as the federal election outcome reduced the chances of a left-wing coalition forming a government. Germany’s blue-chip DAX rose 0.3%, […]
YouTube TV may drop 14 NBC Universal channels over a contract dispute
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Amazon is reportedly planning a wall-mounted Echo with a 15-inch display ‘Flying’ microchips could ride the wind to track air pollution NBC Universal has warned YouTube TV subscribers that 14 of its channels may be removed if the two […]
Telefonica to migrate systems onto cloud in deal with Oracle
September 27, 2021 By Clara-Laeila Laudette MADRID (Reuters) -Spain’s Telefonica signed a multi-year deal with cloud-service provider Oracle to migrate most of its database systems to the cloud, the firms said on Monday, in preparation for the use of 5G and the Internet of Things (IoT). The telecoms operator, which already uses Oracle data systems, […]
Oil up on tight supply, Brent crude nears $80 a barrel
September 27, 2021 By Stephanie Kelly NEW YORK (Reuters) -Oil prices gained for a fifth straight day on Monday, with Brent at its highest since October 2018 and heading for $80, as investors fretted about tighter supplies because of rising demand in parts of the world. Brent crude was up $1.38, or 1.8%, to $79.47 […]
Facebook invests $50 million to build the ‘metaverse’ in responsible manner
September 27, 2021 By Sheila Dang (Reuters) – Facebook Inc will invest $50 million to partner with organizations to build the so-called metaverse https://ift.tt/38LSm63 – a digital world where people can move between different devices and communicate in a virtual environment – in a responsible manner, it said on Monday. Facebook, the world’s largest social […]
Boston Fed’s Rosengren, citing worsening of kidney condition, to retire Sept. 30
September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Boston Federal Reserve President Eric Rosengren announced on Monday that he will retire on Thursday, Sept. 30, citing a long-term health condition. Rosengren revealed that he qualified for the kidney transplant list in June of 2020 and wanted to make “lifestyle changes” to protect […]
Boston Fed’s Rosengren, citing worsening of kidney condition, to retire Sept. 30
September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Boston Federal Reserve President Eric Rosengren announced on Monday that he will retire on Thursday, Sept. 30, citing a long-term health condition. Rosengren revealed that he qualified for the kidney transplant list in June of 2020 and wanted to make “lifestyle changes” to protect […]
Women win big at San Sebastian Film Festival
September 27, 2021 SAN SEBASTIAN (Reuters) – Women were the big winners at the final night of the San Sebastian Film Festival on Saturday, which saw American actress Jessica Chastain share the top acting prize with 16-year-old Danish actress Flora Ofelia Hofmann Lindahl. Romanian movie “Blue Moon” took the Golden Shell for best film at […]
NY Fed’s Williams says tapering of asset purchases may soon be warranted
September 27, 2021 By Jonnelle Marte (Reuters) – The Federal Reserve may soon start to reduce the pace of its asset purchases if the economy continues to improve as expected, New York Federal Reserve Bank President John Williams said on Monday. It is clear there has been “substantial further progress” toward the Fed’s goal for […]
Factbox-Key winners at the Tony Awards
September 27, 2021 (Reuters) – The Tony Awards for Broadway theatre were handed out in New York on Sunday after a delay of more than a year caused by the coronavirus pandemic. Following is a list of winners in key categories. BEST PLAY “The Inheritance” BEST MUSICAL “Moulin Rouge! The Musical BEST REVIVAL OF A […]
CFTC orders Citigroup to pay $1 million over swap reporting violations
September 27, 2021 WASHINGTON (Reuters) – The Commodity Futures Trading Commission (CFTC) on Monday said Citigroup had agreed to pay $1 million to settle charges it violated swap data reporting rules and supervision rules, and breached a previous CFTC settlement agreed in 2017. That 2017 order found Citigroup’s broker-dealer failed to report certain swap data, […]
‘No Time to Die’ breathes fresh life into UK cinema chains
September 27, 2021 By Muvija M (Reuters) – Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry. Odeon said on Monday it has sold more than 175,000 […]
Hamilton can add 20 more wins to his record 100, says Brawn
September 27, 2021 By Alan Baldwin LONDON (Reuters) – Lewis Hamilton could stretch his record tally of race wins to 120 after becoming the first Formula One driver to reach a century, the sport’s managing director Ross Brawn said on Monday. The seven-times world champion, who will turn 37 in January, has two more seasons […]
Deutsche Boerse says relocation of euro clearing from London inevitable
September 27, 2021 By Huw Jones LONDON (Reuters) – Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance on Britain after Brexit is feasible, a senior Deutsche Boerse official said on Monday. The European Union is due to decide by year-end on how to shift clearing in euro denominated […]
Explainer-What are Congress’ options for funding the gov’t and raising the debt limit?
September 27, 2021 By Richard Cowan WASHINGTON (Reuters) – The U.S. Congress faces a pair of approaching deadlines to fund the government and address the nation’s $28.4 trillion debt ceiling that will require tricky maneuvering by President Joe Biden’s Democrats over the next few weeks. First up is the Sept. 30 deadline to continue funding […]