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September 13, 2021 WASHINGTON (Reuters) – Toyota Motor Corp said on Monday that a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive discriminates against nearly half of American autoworkers. In a letter to Congress from Toyota executives in nearly a […]

September 13, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar climbed to a two-week peak against a basket of currencies on Monday, bolstered by expectations the U.S. Federal Reserve could reduce its asset purchases by the end of the year despite a surge in COVID-19 cases. The greenback, however, came off its highs […]

September 13, 2021 By Tom Polansek CHICAGO (Reuters) – JBS USA on Monday halted production at a Nebraska beef plant that slaughters about 5% of U.S. cattle due to a fire, but said the company expects to resume operations on Tuesday. The temporary closure highlighted concerns among U.S. lawmakers and ranchers that the United States […]

September 13, 2021 (Reuters) – A cyber surveillance company based in Israel has developed a tool that can break into Apple iPhones with a never-before-seen technique used at least since February, internet security watchdog group Citizen Lab said on Monday. The discovery is important because of the critical nature of the vulnerability, which affects all […]

September 13, 2021 By Jessica DiNapoli NEW YORK (Reuters) – Proxy advisers Institutional Shareholder Services Inc (ISS) and Glass Lewis & Co gave diverging recommendations to investors on voting on FedEx Corp CEO Fred Smith’s $54 million pay package, after a labor union challenged the plan. The pay package for Smith, a billionaire, faces a […]

Apple has released security updates for a newly discovered zero-day vulnerability that affects every iPhone, iPad, Mac and Apple Watch. Citizen Lab, which discovered the vulnerability and was credited with the find, urges users to immediately update their devices. The technology giant said iOS 14.8 for iPhones and iPads, as well as new updates for […]

Instagram confirmed it’s developing a new feature called “Favorites,” which would allow users to select certain accounts whose posts they would like to see higher in their feed. A similar feature already exists on Facebook where it gives users a bit more control over the News Feed algorithm. On Facebook, users can select up to […]

September 13, 2021 By Steve Holland and Trevor Hunnicutt ABOARD AIR FORCE ONE (Reuters) – U.S. President Joe Biden will talk about the Senate rules blocking large parts of his agenda “when or if” he has something to say about the legislative filibuster, a spokesperson said on Monday. Liberal lawmakers have been pressing for the […]

September 13, 2021 MAIDUGURI, Nigeria (Reuters) – Seventy-five children who were kidnapped from their school in Nigeria’s northwestern Zamfara State have been released after their abductors came under pressure from a military crackdown, a state official said on Monday. Gunmen took the students from the village of Kaya on Sept. 1, the latest in a […]

September 13, 2021 (Reuters) – Will Zalatoris was named the PGA Tour rookie of the year on Monday in a vote by his peers following a season in which he counted a Masters runner-up showing among his eight top-10 finishes. Zalatoris was selected for the Arnold Palmer Award over Garrick Higgo, making the 25-year-old American […]

September 13, 2021 By Sarah N. Lynch WASHINGTON (Reuters) -Olympic champion Simone Biles will be one of several renowned gymnasts who will testify before a U.S. Senate panel this week, as it explores how the FBI botched its investigation into disgraced former USA Gymnastics doctor Larry Nassar, the Senate Judiciary Committee said on Monday. Along […]

September 13, 2021 PARIS (Reuters) – France’s economy is recovering more quickly than expected this year as the COVID-19 crisis wanes, the central bank said on Monday, raising its growth outlook for this year. The euro zone’s second-biggest economy is on course to grow 6.3% this year, the Bank of France said in its quarterly […]

September 13, 2021 (Reuters) – Three media companies have agreed to pay more than $539 million to settle U.S. Securities and Exchange Commission (SEC) charges over illegal offerings of stock and digital assets, the regulator said on Monday. The SEC charged New York-based GTV Media Group Inc. and Saraca Media Group Inc and Phoenix-based Voice […]

September 13, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. government on Monday posted a $171 billion budget deficit for August, 15% lower than the $200 billion gap a year ago, as recovery-driven tax receipts grew faster than outlays for COVID-19 pandemic relief programs, the Treasury Department said. The August deficit was $2 billion […]

September 13, 2021 (Reuters) – Purdue Pharma, the bankrupt maker of the OxyContin painkiller, on Monday obtained court approval to pay up to $7.1 million in incentive payments for five top executives if they meet certain goals, despite opposition from government lawyers. U.S. Bankruptcy Judge Robert Drain in White Plains, New York signed off on […]

Ford Motor has hired Mike Amend as its chief digital and information officer as the automaker seeks to expand into software, subscriptions and in-vehicle connectivity. Amend, who was president of Lowe’s Online for three years, will focus on Ford’s “use of data, software and technology” — all areas central to Ford’s new Ford+ strategy, the […]

September 13, 2021 OTTAWA (Reuters) – Here are brief profiles of the Canadian political party leaders contesting the Sept 20 election. Justin Trudeau (Liberals) – Trudeau, 49, has been prime minister since November 2015 after he became the first leader to take a party from third place to an election win. He then lost his […]

September 13, 2021 By Emma Farge GENEVA (Reuters) -The U.N. rights chief said the “triple planetary crises” of climate change, pollution and nature loss represented the biggest threat to human rights globally at the opening on Monday of a month-long session set to prioritise environmental issues. “As these environmental threats intensify, they will constitute the […]

September 13, 2021 By David Brunnstrom WASHINGTON (Reuters) – U.S. President Joe Biden will host a first in-person summit of leaders of the “Quad” countries – Australia, India, Japan and the United States – next week, a senior U.S. official told Reuters on Monday. The summit will be held at the White House on Sept. […]

Yousuf Khan Contributor Share on Twitter Yousuf Khan is a partner at Ridge Ventures. Prior to joining Ridge, he was the first CIO of Automation Anywhere, CIO and Vice President of Customer Success at cloud-based AI platform Moveworks, as well as CIO of Pure Storage, Qualys and Hult International Business School. More posts by this […]