Dan Cohen was on the hunt for a coating that could keep ice, snow and frost off of solar panels when he discovered a technology that could cut costs and reduce the environmental footprint of a broad section of products from aircrafts and drones to medical devices, pipelines and even sailboats. And it would prompt […]
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StethoMe’s smart stethoscope lets your kid’s doctor listen to their lungs from afar
When you or your kid have any sort of respiratory issue, figuring out what’s happening minute-by-minute — and how well treatment is working — is a stressful, frustrating, and anxiety-filled process. I imagine it’s all of the above and more in the middle of a friggin’ RESPIRATORY DISEASE pandemic. StethoMe, a team competing in this […]
Cricket-Former West Indies all-rounder Samuels charged with alleged corruption
September 22, 2021 (Reuters) – Former West Indies all-rounder Marlon Samuels has been charged with breaching four counts of the International Cricket Council’s (ICC) anti-corruption code, world cricket’s governing body said on Wednesday. The charges relate to the T10 tournament conducted by the England & Wales Cricket Board (ECB) in the United Arab Emirates (UAE), […]
Jake Long, DeMarcus Ware among first-year football Hall of Fame nominees
September 22, 2021 Ten first-year candidates are among the list of 122 modern-era nominees for the Pro Football Hall of Fame’s Class of 2022, announced Wednesday. The first-year player list is made up of wide receivers Anquan Boldin, Andre Johnson and Steve Smith, as well as Devin Hester, who was best known as a kick […]
Wall St extends gains following Fed statement
September 22, 2021 By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks added to gains on Wednesday after the Federal Reserve cleared the way to ease monthly bond purchases “soon” and signaled interest rate increases may follow more quickly than expected. Overall indicators in the economy “have continued to strengthen,” the Fed said in its […]
Fed’s Powell: Bond taper could be done by mid-2022
September 22, 2021 (Reuters) – The Federal Reserve could wrap up the tapering of its bond purchases by the middle of next year, Federal Reserve Chair Jerome Powell said on Wednesday. Powell’s remark came at the beginning of his press conference following the release of the Fed’s latest policy statement in which it said “a […]
U.S. home sales fall, house price inflation cooling
September 22, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. home sales fell in August as supply remained tight, but there are signs the surge in house prices and the COVID-19 pandemic-fueled demand have probably run their course. Still, prices remain high enough to keep some potential buyers from a hot housing market. The report […]
Evergrande domestic debt deal calms immediate contagion concern
September 22, 2021 By Anshuman Daga and Andrew Galbraith SINGAPORE/SHANGHAI (Reuters) -China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the banking system, temporarily soothing fears of imminent contagion from the debt-laden property developer. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with […]
Fed policymakers see upward march in interest rates starting next year
September 22, 2021 (Reuters) – Half of Federal Reserve policymakers now expect to start raising interest rates next year and think rates should rise to at least 1% by the end of 2023, reflecting a growing consensus that gradually tighter policy will be needed to keep inflation in check. The swifter pace of interest rate […]
Republicans are refusing to back police reforms Trump supported -White House
September 22, 2021 WASHINGTON (Reuters) – U.S. Republicans in Congress are refusing to back police reform measures that former President Donald Trump supported, White House press secretary Jen Psaki said. Bipartisan talks over police reform legislation have fallen apart, Senator Cory Booker, a New Jersey Democrat, said earlier on Wednesday. “Unfortunately Republicans rejected reforms that […]
U.S.’ Blinken to convene foreign ministers on COVID-19 commitments before year’s end
September 22, 2021 WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he would personally convene world foreign ministers before the end of the year to follow up on commitments made toward fighting the coronavirus pandemic. At a virtual COVID-19 summit on the sidelines of the UN General Assembly, President Joe Biden […]
Fed signals bond-buying taper coming ‘soon,’ rate hike shifts to 2022
September 22, 2021 By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases “soon” and signaled interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022. The actions, which were […]
Investors watch U.S. companies’ record profit margins as costs rise further
September 22, 2021 By Caroline Valetkevitch NEW YORK (Reuters) – U.S. companies have retained strong profit margins through the pandemic because they have cut costs and passed along high prices to customers. The question is: How long can this go on? With inflation still strong, the ability for companies to keep margins at record levels […]
Yellen stressed importance of withdrawing digital services taxes in call with UK
September 22, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen spoke with British finance minister Rishi Sunak on Wednesday about ongoing global tax reform efforts, and underscored the need for a compromise on withdrawal of digital services taxes, the Treasury said. Yellen also thanked Sunak for his leadership of the G7 and in talks […]
Restaurant-software maker Toast valued at nearly $33 billion as shares surge in debut
September 22, 2021 By Sohini Podder, Echo Wang and Krystal Hu (Reuters) -Toast Inc fetched a valuation of nearly $33 billion in its New York Stock Exchange debut on Wednesday, as shares of the restaurant software provider jumped 63%, underscoring a deep investor appetite for fast-growing software firms. The stock opened at $65.26, compared with […]
Nymbull wants to guard your next Craigslist, Facebook Marketplace item for sale
Buying and selling on marketplace websites like Craigslist and Facebook Marketplace often lead to meeting a stranger somewhere to complete the purchase and pick up the item. With over 1 billion Facebook Marketplace users per month, Nymbull founder Jackson Wegelin doesn’t think that’s necessary for peer-to-peer transactions. And he estimates that between interacting with potential […]
Athletics-Marathon world record holder Keitany announces retirement
September 22, 2021 (Reuters) – Kenya’s Mary Keitany, the world record holder for a women-only marathon, announced her retirement on Wednesday at the age of 39 due to a back injury. Keitany set the record in her third London Marathon win in 2017, finishing in a time of two hours 17 minutes and one second. […]
Cricket-MCC changes ‘batsman’ to ‘batter’ in Laws of Cricket
September 22, 2021 (Reuters) -The term ‘batsman’ has been amended to the gender-neutral term ‘batter’ in the Laws of Cricket to stress the importance of the women’s game, the Marylebone Cricket Club said on Wednesday. England beat India in the 2017 women’s World Cup final in front of a capacity crowd at Lord’s while the […]
Golf-Fast start could be key to Europe win, says Jacklin
September 22, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – A fast start could be the key to another Europe Ryder Cup victory, says Tony Jacklin, the four-times team captain, noting that Padraig Harrington’s men could take a lesson from the women who shot out of the blocks on the way to winning the Solheim […]
Robinhood to begin testing crypto wallets, with broader launch in early 2022
September 22, 2021 By John McCrank NEW YORK (Reuters) – Robinhood Markets Inc said on Wednesday it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of their brokerage accounts. The Menlo Park-based retail brokerage currently allows buying, […]