News

September 15, 2021 By Greg Roumeliotis (Reuters) -Canadian Pacific Railway Ltd inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern on Wednesday after Canadian National Railway Co conceded it could not save its own $29.6-billion deal for the U.S. railway. The combination will create the first direct railway linking Canada, the United States […]

September 15, 2021 By Jonathan Stempel NEW YORK (Reuters) – DoorDash Inc sued New York City on Wednesday over a new law requiring food delivery companies to share customer data with restaurants, saying it violates customer privacy and lets restaurants compete unfairly. The lawsuit is the latest battle in a series of legal clashes between […]

September 15, 2021 By Mindy Burrows LONDON (Reuters) – Stars and cast members walked the pink carpet in London on Monday for the premiere of the film adaptation of the musical “Everybody’s Talking About Jamie.”     The musical is based on the true story of Jamie Campbell, a 16-year-old boy from the small British […]

Customer communication platform Front is holding an event today to introduce three new features. These new features focus on showing you more information about your customers right from Front’s user interface. If you’re not familiar with Front, the company started as a shared email inbox product so that you can interact with incoming emails as […]

September 15, 2021 By Jason Lange and Chris Kahn WASHINGTON (Reuters) – A one-year expansion of the U.S. child tax credit, a policy championed by President Joe Biden and his fellow Democrats over Republican opposition, has disproportionately benefited states that voted for former President Donald Trump in 2020, a Reuters review of Treasury Department data […]

September 15, 2021 (Reuters) – A month after seizing Kabul, the Taliban face daunting problems as they seek to convert their lightning military victory into a durable peacetime government. After four decades of war and the deaths of tens of thousands of people, security has largely improved, but Afghanistan’s economy is in ruins despite hundreds […]

September 15, 2021 BRASILIA (Reuters) -COVID-19 infections have risen by a third in North America over the past week, due to surges in the United States and Canada, where new infections have doubled in the province of Alberta, the Pan American Health Organization (PAHO) said on Wednesday. Hospitals in Alberta are facing critical staffing shortages, […]

It’s been an Extra Crunch summer. We’ve heard how to craft your pitch deck around the one thing that really hooks an investor, and how the industry experience of Retail Zipline’s Melissa Wong ticked every box for Emergence when raising her Series A. And that’s just the tip of the iceberg. We’ve also gotten a […]

Microsoft is further nudging users away from passwords by rolling out passwordless sign-in options to all consumer Microsoft accounts. The tech giant, like many others in the industry, has waged a war against traditional password-based authentication for some time. This is because passwords are a prime target for cyberattacks, since weak or reused passwords can […]

SmartNews, a Tokyo-headquartered news aggregation website and app that’s grown in popularity despite hefty competition from built-in aggregators like Apple News, today announced it has closed on $230 million in Series F funding. The round brings SmartNews’ total raise to date to over $400 million and values the business at $2 billion — or as […]

September 15, 2021 By Ron Bousso and Simon Jessop LONDON (Reuters) – Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production. The unprecedented initiative – dubbed the Net […]

September 15, 2021 By Elizabeth Dilts Marshall and Huw Jones NEW YORK (Reuters) – Global shares were off slightly on Wednesday as cooling inflation eased some fears of an early reduction in monetary stimulus, while a slowing economic recovery and uncertainty over higher taxes kept gains in check. The MSCI All Country World Index was […]

September 15, 2021 By Philip Pullella ABOARD THE PAPAL PLANE (Reuters) – Pope Francis said on Wednesday that abortion is “murder”, even soon after conception, but appeared to criticise some U.S. Catholic bishops for dealing with U.S. President Joe Biden’s pro-choice position in a political rather than pastoral way. On the flight returning from Slovakia, […]

Retail investors love him. Venture capitalists envy him. But pretty much everyone writing checks these days is paying attention to Chamath Palihapitiya, whose star has been on the rise since the outset of his career at an early online media player called Winamp that was acquired by AOL. Indeed, over the last 20 years, Palihapitiya […]

September 15, 2021 FRANKFURT (Reuters) -Commerzbank AG appointed two new board members on Wednesday in the latest management reshuffle at the German lender as it cuts 10,000 jobs. Erste Group board member Thomas Schaufler will take over Commerzbank’s retail banking division, while Joerg Oliveri del Castillo-Schulz, currently an independent consultant, will become chief operating officer. […]

September 15, 2021 By Alicia Powell NEW YORK (Reuters) – More than a dozen Broadway musicals and plays are opening in September after the longest shutdown in the history of New York’s theater district. The 18-month-long pandemic closures threw hundreds of actors, musicians and dancers out of work, along with stage crews. Following are comments […]

September 15, 2021 BERLIN (Reuters) – Lufthansa is putting on more flights for business travellers in September and October, the chief executive of the German airline told Reuters on Wednesday. “We are now seeing very clearly that business travellers are coming back,” Carsten Spohr said, adding Lufthansa had increased capacity on domestic flights by 30% […]

September 15, 2021 (Reuters) – Microsoft Corp shares rose 1% in early trading on Wednesday after the company announced a $60 billion share repurchase plan, its biggest ever. The announcement comes just days after two U.S. Senate Democrats unveiled a proposal to tax corporate stock buybacks to help fund President Joe Biden’s $3.5 trillion investment […]

September 15, 2021 By Alicia Powell NEW YORK (Reuters) -Broadway’s biggest musicals roared back to life on Tuesday, banishing the eerie silence of the last 18 months in New York’s pandemic-hit theater district with screams, tears and standing ovations. Emotions were giddy as the curtain rose again on top musicals “Hamilton,” “The Lion King” and […]

September 15, 2021 DETROIT (Reuters) – Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters during a conference call. Xpeng is building two new factories in China. At the same time, the Chinese government is signaling it wants to […]