News

September 23, 2021 WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said Thursday it is time to get “aggressive” in addressing the worsening semiconductor chips shortage that has caused automakers and others to cut production and impacted thousands of U.S. workers. “It’s time to get more aggressive. The situation is not getting better, in some […]

September 23, 2021 By Arathy S Nair and Marianna Parraga HOUSTON (Reuters) – U.S. oil refiners hunting to replace storm-lost U.S. Gulf of Mexico crude have been turning to Iraqi and Canadian oil, while Asian buyers have been pursuing Middle Eastern and Russian grades, analysts and traders said. Royal Dutch Shell, the largest producer in […]

September 23, 2021 By Saqib Iqbal Ahmed and Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell across the board on Thursday as improved risk sentiment in global financial markets wiped out its gains in the previous session after the U.S. Federal Reserve flagged plans to dial back its stimulus this year. Investors’ risk appetite […]

SciCheck Digest The Food and Drug Administration says male infertility is not a known side effect of the antiparasitic medication ivermectin. Dubious claims that the drug sterilizes 85% of male users were incorrectly attributed to a questionable 2011 study of the drug’s effect on a small sample of Nigerian men with onchocerciasis, a tropical disease also […]

September 23, 2021 By Tyler Clifford NEW YORK (Reuters) -R. Kelly dominated not only women and girls but also his employees over a quarter century of sexual abuse, a prosecutor said on Wednesday as the R&B star’s sex trafficking trial neared its conclusion. Assistant U.S. Attorney Elizabeth Geddes told jurors during her closing argument in […]

September 23, 2021 WASHINGTON (Reuters) – Japanese Foreign Minister Toshimitsu Motegi met his South Korean counterpart Chung Eui-yong on Thursday and the two restated positions in a dispute that has brought tit-for-tat trade restrictions, but agreed to accelerate consultations to resolve the issue, Japan’s account of the meeting said. Motegi and Chung met in New […]

September 23, 2021 WASHINGTON (Reuters) – U.S. Vice President Kamala Harris said on Thursday that she welcomes India’s announcement that it will resume COVID-19 vaccine exports. India announced this week that it resume exports of COVID-19 vaccines later this year. India, the world’s biggest maker of vaccines, stopped exports of COVID shots in April to […]

Tiny houses might have lost some of their luster in the Covid era, but a reimagined future for remote work might call for tiny offices. According to Nick Foley, Denizen founder and CEO, people are clamoring for a serene space to think these days — and they’re happy to pay for it. Foley is the […]

Most people know Ryan Reynolds from his movies, but the actor has his hands in a number of entrepreneurial ventures. He owns a majority stake in Mint Mobile, a mobile virtual network operator, which has grown more than 50,000% in the past three years. And he was also invested in Aviation Gin before selling it […]

In some ways, the timing couldn’t have been more fortuitous. No one roots for a global pandemic, but WarnerMedia launched HBO Max just as cities and states across the U.S. went under curfews and lockdowns as the COVID-19 pandemic spread. In many ways, the service seemed well-positioned, even in a sector crowded with platforms such […]

September 23, 2021 BRUSSELS (Reuters) – The European Commission said on Thursday that the inaugural meeting of the trade and technology council would go ahead as planned next week after it was put in doubt due to French anger over the scrapping of its $40 billion submarine contract with Australia. The commission, which oversees trade […]

September 23, 2021 MEXICO CITY (Reuters) – Mexico’s antitrust authority on Thursday fined more than a dozen soccer clubs and the Mexican Football Federation (FMF) in a historic move over salary caps for female players and labor movement restrictions. The FMF, 17 clubs and eight unidentified people were handed fines totaling 177.6 million pesos ($8.9 […]

September 23, 2021 By Sheila Dang (Reuters) – U.S. social audio app Clubhouse launched a feature on Thursday to let users virtually wave at friends inside its audio-only chat app to show they are open to a private chat, in a move to expand beyond public rooms that can have thousands of listeners. Clubhouse, which […]

September 23, 2021 By Sheila Dang (Reuters) – U.S. social audio app Clubhouse launched a feature on Thursday to let users virtually wave at friends inside its audio-only chat app to show they are open to a private chat, in a move to expand beyond public rooms that can have thousands of listeners. Clubhouse, which […]

September 23, 2021 By David Randall NEW YORK (Reuters) – Investors are grappling with how an unwind of the Federal Reserve’s easy money policies could affect asset prices, after the central bank signaled that a taper of its bond-buying program was closer than ever and suggested it may raise rates at a faster-than-expected pace. In […]

September 23, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The Economist magazine on Thursday called for International Monetary Fund Managing Director Kristalina Georgieva to resign over her role in a China-related data-rigging scandal while at the World Bank, saying it has undermined the IMF’s credibility. The influential London-based publication said in a scathing […]

September 23, 2021 MILAN (Reuters) – Generali’s biggest investor Mediobanca said on Thursday it had borrowed shares in Italy’s top insurer to secure 17.2% of voting rights, upping the ante in a shareholder tussle over the choice of the next chief executive. With its 12.9% stake Mediobanca is the single largest shareholder in Generali, followed […]

September 23, 2021 (Reuters) – Borrowings by U.S. companies for capital investments rose 21% in August from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier. However, […]

The Lamborghini Huracán is the best-selling sports car that Lamborghini makes, and its days as a combustion-powered super sports car are numbered. Since the Huracán’s inception in 2014, the company says it has sold 17,500 worldwide, but that won’t be enough to save the V10 engine — no matter how much customers want it. The […]

Today, Clubhouse is rolling out Wave, a feature that makes it easier to start private rooms with friends when you see that they’re online. Available globally on iOS and Android, Wave will replace starting a private room with friends. You can wave at multiple people at once, so long as they follow you, and anyone […]