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Bed Bath & Beyond shares tumble 30% as supply chain woes pressure forecast
September 30, 2021 (Reuters) – Shares of Bed Bath & Beyond Inc fell nearly 30% on Thursday after the retailer slashed its forecasts for the year, blaming supply chain hurdles and rising cases of the fast-spreading Delta variant of coronavirus. Retailers have been battling port congestions and escalating transportation costs due to global supply chain […]
California distorts U.S. weekly jobless claims; labor market recovering
September 30, 2021 By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose further last week as California moved more people to other programs following the expiration of government-funded aid early this month to maximize their access to assistance. The labor market recovery remains intact, with the report […]
Pelosi says “so far so good” on taking up infrastructure bill Thursday
September 30, 2021 WASHINGTON (Reuters) – House Speaker Nancy Pelosi said plans were still on for a Thursday vote on a bipartisan infrastructure bill that is part of President Joe Biden’s legislative agenda. “So far, so good,” Pelosi told reporters at a news briefing. (Reporting by Susan Cornwell and Doina Chiacu) Source Link Pelosi says […]
Fed’s Powell: Seeking diverse candidates will be priority for regional presidents search
September 30, 2021 (Reuters) – Finding candidates from diverse racial, ethnic and gender backgrounds will be a “big focus” in the process of seeking replacements for the two regional Federal Reserve bank presidents who recently announced their departures, Fed Chair Jerome Powell said on Thursday. “I can absolutely guarantee you that we will work hard […]
Thai shopkeepers defenceless against waist-high floodwaters
September 30, 2021 BANGKOK (Reuters) – Business owners in a province in central Thailand have been battling in vain to protect their stores from floodwaters. Video taken from a boat in the commercial areas of Nakhon Sawan, about 220 km (136.7 miles) north of the capital Bangkok, showed empty streets flooded with waist-high brown water […]
Kevin Ryan’s AlleyCorp is giving these physicians $100 million to invest in healthcare
Kevin Ryan — the New York-based investor and entrepreneur who first rose to prominence as CEO of the early online ad business DoubleClick — could have launched or joined a traditional venture firm many years ago. Instead, he has launched one company after another with largely his own capital at the outset to get them […]
Mobile gaming company Voodoo acquires Beach Bum
French startup Voodoo has made a significant acquisition in the casual mobile gaming market. The company is acquiring Beach Bum, a game studio based in Israel and specialized in tabletop and card games. It’s hard to get a clear number for this acquisition as Voodoo is offering both cash and shares and there are some […]
Sony buys remake and remaster studio Bluepoint Games
Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. More posts by this contributor 1Password can now randomly generate email addresses for logins California makes zero-emission autonomous vehicles mandatory by 2030 Sony has acquired Bluepoint Games, the Austin-based studio best known for remaking Demon’s Souls and Shadow of the Colossus. Financial terms of […]
Poor country debt could worsen due to commodity prices, interest rates – Malpass
September 30, 2021 CAIRO (Reuters) – The debt situation for poor countries could worsen due to volatile commodity prices and higher interest rates, World Bank President David Malpass said on Thursday, urging countries to begin a gradual fiscal consolidation to maintain investor confidence. As of mid-2021, over half of the world’s poorest countries “are in […]
Italy’s Salvini pressured by far-right as centre-left set to sweep mayors
September 30, 2021 By Gavin Jones ROME (Reuters) – Mayoral elections in Italy’s largest cities on Sunday and Monday are expected to illustrate Matteo Salvini’s weakening grip of the right and see centre-left wins in the most high-profile contests. A parliamentary by-election in the Tuscan city of Siena will also be closely watched because it […]
U.S. Supreme Court to consider Senator Cruz’s campaign finance challenge
September 30, 2021 By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday agreed to hear the Federal Election Commission’s bid to restore a campaign finance law that caps the amount of money that candidates can be reimbursed for personal loans to their campaigns in a challenge brought by Republican Senator Ted Cruz. The justices […]
Poland illegally pushed migrants back into Belarus, Amnesty Int’l says
September 30, 2021 By Joanna Plucinska and Robin Emmott WARSAW/BRUSSELS (Reuters) -Poland carried out an unlawful pushback of a group of migrants camped out on its border with Belarus in late August, an analysis of satellite imagery and other photos and videos by NGO Amnesty International published on Thursday said. Amnesty said that using satellite […]
Forta launches with $23M to bring better security to smart contracts
Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta, a security service aimed at smart contracts. Andreessen Horowitz led the round, which OpenZeppelin CEO and co-founder Demian Brener described as 3x oversubscribed. The investment also attracted capital from Coinbase Ventures, True Ventures and Blockchain Capital, among others. Per Brener, OpenZeppelin will […]
McConnell says U.S. Senate will pass bill avoiding gov’t shutdown
September 30, 2021 WASHINGTON (Reuters) – U.S. Senate Minority Leader Mitch McConnell predicted on Thursday that the Senate would pass a measure to avoid a partial government shutdown, signalling Republican support for a Democratic measure due to be considered later in the day. (Reporting by David Morgan; Editing by Chizu Nomiyama) Source Link McConnell says […]
Ethiopia expels seven senior U.N. officials
September 30, 2021 ADDIS ABABA (Reuters) -Ethiopia is expelling seven senior United Nations officials, the Ministry of Foreign Affairs said on Thursday, two days after a senior U.N. official said hundreds of thousands of people in the northern region of Tigray were likely experiencing famine. The seven, who include the head of the United Nations […]
Afghan girls’ soccer squad find new home in Ronaldo’s Portugal
September 30, 2021 By Catarina Demony LISBON (Reuters) – Leaving her homeland Afghanistan was painful, says 15-year-old Sarah. But now safely in Portugal, she hopes to pursue her dream of playing soccer professionally – and perhaps meeting her idol, star striker Cristiano Ronaldo. Sarah was one of several players from Afghanistan’s national female youth soccer […]
Sharing mobility data without compromising privacy
Chelsey Colbert Contributor Share on Twitter Chelsey Colbert is policy counsel at the Future of Privacy Forum. Chelsey leads FPF’s portfolio on mobility and location data, which includes connected and automated vehicles, ride-sharing, micromobility, drones, delivery robots and mobility data sharing. In recent years, rows of electric scooters and bikes lining sidewalks have become a […]
Iran nuclear talks to resume in acceptable period of time – EU
September 30, 2021 DUBAI (Reuters) -Stalled talks between Iran and world powers to reinstate a 2015 nuclear deal will resume “soon”, the European Union’s foreign policy chief Josep Borrell said on Thursday, while Tehran said it was evaluating the previous rounds of negotiations. Speaking at a news conference in the Qatari capital Doha, Borrell was […]
Microsoft’s Saqib Shaikh, lead on Seeing AI, is returning to Sight Tech Global, Dec. 1-2
At last year’s inaugural Sight Tech Global event, a virtual event dedicated to applications of AI and related tech to accessibility for people who are blind, one of the most popular sessions belonged to Saqib Shaikh. The Microsoft engineer co-founded and leads the Seeing AI mobile app, which embeds a remarkable number of services beneficial to people […]