News

October 8, 2021 By Jan Wolfe WASHINGTON (Reuters) -Former U.S. President Donald Trump’s showcase hotel in Washington bled millions of dollars during his time in office even as he concealed payments from foreign governments, a U.S. House of Representatives panel said on Friday. The House Committee on Oversight and Reform said recently obtained government documents […]

October 8, 2021 By Jason Hovet PRAGUE (Reuters) – Czechs wrap up voting in a tight election on Saturday in which Prime Minister Andrej Babis battled criticism that he mismanaged the pandemic, stoked fast-rising debt with handouts and tend to his own business interests in office. The billionaire Babis, who denies all the accusations, and […]

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 8, 2021! It’s Friday! We made it! If you are tired, consider how weary the Instagram team must be. Their service is having even […]

October 8, 2021 By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission (FCC) on Friday disclosed it circulated Boeing Co’s application seeking approval to launch and operate 147 satellites to provide broadband internet access for a vote. Boeing first filed with the FCC in 2017 seeking approval to deploy a V-band Constellation using low […]

October 8, 2021 By Tina Bellon and Hyunjoo Jin AUSTIN, Texas (Reuters) -Tesla Inc’s decision to move its headquarters to Austin, Texas, from Palo Alto, California, accelerates the shift of electric vehicle industry jobs to Southern and Western U.S. states that offer lower taxes, lighter regulation and less unionization than the coastal Blue states where […]

October 8, 2021 By David Morgan WASHINGTON (Reuters) – Senator Mitch McConnell, long known as the Republican mastermind in Congress, lost support among some members of his own party this week after offering Democrats a temporary deal to avert a cataclysmic U.S. credit default and safeguard the Senate’s endangered super-majority rule. The 79-year-old Kentucky Republican, […]

October 8, 2021 By Moira Warburton (Reuters) – Ontario is lifting capacity limits on concert venues, theaters and spectator facilities at sports games as of Saturday at midnight, the government of Canada’s most populous province said on Friday, while continuing to require proof of vaccination and masks. Limited numbers of outbreaks in those settings have […]

October 8, 2021 By Francois Murphy VIENNA (Reuters) -Austria’s governing coalition was on the brink of collapse on Friday as its junior party said it wanted to oust Chancellor Sebastian Kurz now that he has been placed under investigation on suspicion of corruption offences. Kurz denies wrongdoing and says he is willing to keep governing […]

October 8, 2021 SANTIAGO (Reuters) – Chile’s public prosecutor said on Friday it would open an investigation into the sale of a mining project involving the family of President Sebastian Pinera after new details emerged about the transaction in the Pandora papers leak. Marta Herrera, head of the office’s anti-corruption unit, said the agency would […]

October 8, 2021 PARIS (Reuters) – Poland has a legal and moral obligation as a member of the European Union to abide by the bloc’s rules completely and unconditionally, the foreign ministers of France and Germany said in a joint statement issued on Friday. Poland’s Constitutional Tribunal on Thursday ruled that parts of EU law […]

Infectious disease experts say low vaccination rates, resistance to protective measures such as wearing a mask and the highly transmissible delta variant are driving the current surge of COVID-19 cases in the U.S. But with numerous Republicans criticizing the Biden administration for the rise of immigrants, some of whom are COVID-19-positive, many Americans — particularly […]

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October 8, 2021 By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock market investors are gauging whether more volatility is ahead because of surging global energy prices, which could drive up inflation, erode profit margins and pressure consumer spending. Stocks rebounded this week after Monday’s losses left the S&P 500 down 5.2% from its record […]

October 8, 2021 RIO DE JANEIRO (Reuters) – Brazil has registered more than 600,000 deaths due to COVID-19, the Health Ministry said on Friday, making it the second country in the world to pass that milestone after the United States. Brazil registered 18,172 new cases of coronavirus and 615 additional deaths on Friday, according to […]

As the average cost of a ride on Uber, Lyft, and other “rideshare” services has risen over the years, it’s become clear these companies were never entirely forthright about their business models. Now a pair of studies suggests even the investor-subsidized prices don’t tell the whole story, with costs being borne by drivers and communities. […]

October 8, 2021 (Reuters) -England’s World Cup qualifier against Andorra on Saturday will go ahead as planned despite a fire that broke out at the Estadi Nacional on Friday, the Andorran Football Federation (FAF) has confirmed. Sky Sports earlier posted videos showing a television gantry at the side of the pitch between the two sets […]

October 8, 2021 By Gianluca Semeraro and Valentina Za MILAN (Reuters) – Mediobanca on Friday endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the Italian merchant bank. Welcoming the decision “with deep satisfaction,” Del Vecchio in turn withdrew a second […]

October 8, 2021 By Shivani Singh, Anuron Kumar Mitra and Neha Arora BENGALURU (Reuters) -Two Indian drugmakers have requested permission to end late-stage trials of their generic versions of Merck & Co’s promising experimental oral antiviral drug molnupiravir to treat moderate COVID-19, a week after Merck said its own trial had succeeded for mild-to-moderate patients. […]

October 8, 2021 WASHINGTON (Reuters) – The White House is considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cyber crime, a spokeswoman said on Friday. “The NSC and NEC are coordinating across the interagency to look at ways we can ensure that cryptocurrency and other […]

October 8, 2021 By Jan Wolfe (Reuters) -The White House on Friday formally blocked an attempt by Donald Trump to withhold documents from Congress related to the Jan. 6 attack on the Capitol when he was U.S. president. Press secretary Jen Psaki said President Joe Biden had authorized the National Archives, a government agency that […]