September 14, 2021 By Elizabeth Dilts Marshall NEW YORK (Reuters) – World markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, stoking uncertainty over U.S. central bank policy. MSCI’s world stocks benchmark fell 0.53 points or 0.03%. European shares were 0.03% lower, while U.S. stocks […]
News
U.S. Senate Democrats to seek quick passage of revised election reform plan
September 14, 2021 By Richard Cowan WASHINGTON (Reuters) – U.S. Senate Democrats on Tuesday unveiled a new version of an election reform bill that is a top priority of President Joe Biden, amid a wave of Republican state legislatures imposing restrictions on voting. Senator Amy Klobuchar and seven fellow Democrats, including moderates such as Joe […]
Ex-Canada minister who clashed with PM Trudeau says he broke many promises
September 14, 2021 By David Ljunggren OTTAWA (Reuters) – Former Canadian justice minister Jody Wilson-Raybould, who quit the Cabinet in 2019 after a clash with Prime Minister Justin Trudeau, on Tuesday said voters should remember he had broken many of his promises. Wilson-Raybould became the first indigenous person to be named justice minister when Trudeau […]
Tennis – Raducanu hits Met Gala red carpet in New York victory lap
September 14, 2021 NEW YORK (Reuters) – U.S. Open champion and overnight star Emma Raducanu’s New York victory lap included a stroll across the Met Gala red carpet on Monday night, where the Briton took her place among sport, film and fashion’s brightest stars. Twenty-three-time Grand Slam winner Serena Williams and sister Venus, four-time major […]
NetEase downsizes some projects amid China’s regulatory crackdown – SCMP
September 14, 2021 (Reuters) – Chinese gaming firm NetEase Inc has downsized some of its studios and projects started in early September amid a regulatory crackdown by Beijing on the video gaming sector, the South China Morning Post reported on Tuesday, citing people with direct knowledge of the matter. The report said that dozens of […]
In Argentina’s north, a ‘white gold’ rush for EV metal lithium gathers pace
September 14, 2021 By Agustin Geist SALTA, Argentina (Reuters) – In Argentina’s remote northern Salta province, the silence of the desert landscape is broken only by the hum of machinery pumping salt-water brine to extract lithium, a sign of accelerating efforts to ride the global electric vehicle boom. Beneath the South American country’s highland salt […]
Boeing delivers 22 jets in August; 737 MAX ‘white tails’ nearly gone
September 14, 2021 By Eric M. Johnson SEATTLE (Reuters) – Boeing Co said on Tuesday it handed over 22 airplanes to buyers in August as revived domestic travel fuels 737 MAX deliveries, and received orders for seven 787s even as the program for that jet remains hobbled by industrial defects. The closely watched monthly orders […]
Global debt is fast approaching record $300 trillion – IIF
September 14, 2021 By Dhara Ranasinghe LONDON (Reuters) – Global debt rose to a new record high of nearly $300 trillion in the second quarter, but the debt-to-GDP ratio declined for the first time since the start of the pandemic as economic growth rebounded, the Institute of International Finance (IIF) said on Tuesday. Total debt […]
NatWest chair sees digital pound piloted within five years
September 14, 2021 By Huw Jones LONDON (Reuters) -Britain will be piloting a digital version of the pound within a few years to cut the cost of money transfers, NatWest bank chairman Howard Davies said on Tuesday. Central banks across the world as studying whether to launch a central bank digital currency (CBDC), a digital […]
Bombardier launches upscale Challenger 3500 in battle for mid-sized private jets
September 14, 2021 By Allison Lampert MONTREAL (Reuters) – Bombardier on Tuesday unveiled an upscale variant of its strong-selling Challenger 350 business jet, as the planemaker vies to protect its dominant market share and capitalize on higher demand for private flying during the pandemic. The refreshed variant, named Challenger 3500, seats up to 10 passengers […]
Canadian Amazon facility files for union vote -union
September 14, 2021 By Moira Warburton (Reuters) – Workers at an Amazon facility in the Canadian province of Alberta have filed a request with the provincial labor board to carry out a union vote, a major labor union said on Tuesday. Teamsters Local Union 362 filed for a vote on union representation at an Amazon […]
The Disrupt Desk will help you catch everything you missed at Disrupt 2021
This year at TechCrunch Disrupt (happening just next week), there is more to explore than ever before. From the scores of Startup Alley companies to the Startup Battlefield presentations to the Disrupt Stage, Extra Crunch Stage and beyond. We’ll hear from big name VCs like Chamath Palihapatiya, a16z’s Katie Haun, GC’s Niko Bonatsos, Forerunner’s Kirsten […]
White House welcomes inflation data, still concerned about U.S. housing prices
September 14, 2021 By Andrea Shalal WASHINGTON (Reuters) – The Biden administration on Tuesday welcomed data showing that consumer prices increased at their slowest pace in six months in August as evidence that inflation would be transitory, citing a drop in auto prices and a deceleration in food price increases. “The story from today’s data […]
Blinken appeals to senators to move nominees stalled over Nord Stream 2 pipeline
September 14, 2021 WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken appealed to the Senate on Tuesday to quickly confirm President Joe Biden’s nominees for national security-related positions, citing the ever-present risk of attacks. “It is essential that we accelerate the process for national security appointments since a catastrophic attack could occur with little […]
U.S. SEC chief takes broad aim at financial industry in Senate hearing
September 14, 2021 By Katanga Johnson WASHINGTON (Reuters) – U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler took aim at the gamut of financial sectors, from the treasury and equity markets to digital assets, as he mapped out https://ift.tt/2VDwWFo his ambitious agenda before the Senate Banking Committee on Tuesday. As head of the country’s […]
Warren says Fed must break up ‘repeat offender’ Wells Fargo
September 14, 2021 By Pete Schroeder WASHINGTON (Reuters) -U.S. Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo & Co, arguing the latest fine against the bank shows it to be an “irredeemable repeat offender.” In a letter sent to the Fed, Warren urged the central bank to revoke […]
Pope calls out prejudice as he meets Roma in Slovakia
September 14, 2021 By Robert Muller KOSICE, Slovakia (Reuters) – Pope Francis on Tuesday condemned prejudice and discrimination against Europe’s Roma people during a visit to one of the most impoverished communities in Slovakia, saying it was wrong to pigeonhole entire ethnic groups. Francis, 84, arrived at the bleak Lunik IX settlement on the outskirts […]
Malaysia holiday hotspot readies for reopening with tourism bubble
September 14, 2021 By Ebrahim Harris LANGKAWI, Malaysia (Reuters) – Businesses at Malaysia’s prime holiday destination are gearing up to welcome the return of tourists this week, as the country takes an early step towards recovery from a devastating coronavirus crisis. Langkawi, a cluster of 99 islands in the Straits of Malacca, will reopen from […]
Thousands protest against Taliban in Kandahar over evictions
September 14, 2021 (Reuters) – Thousands of Afghans protested against the Taliban in the southern city of Kandahar on Tuesday, according to a former government official and local television footage, after residents were asked to vacate a residential army colony. Protesters gathered in front of the governor’s house in Kandahar after around 3,000 families were […]
LinkedIn is launching its own $25M fund and incubator for creators
When LinkedIn first launched Stories format, and later expanded its tools for creators earlier this year, one noticeable detail was that the Microsoft-owned network for professionals hadn’t built any kind of obvious monetization into the program — noticeable, given that creators earn a living on other platforms like Instagram, YouTube and TikTok, and those apps had […]