News

Casper has laid off dozens of employees, including three C-Level executives: its chief marketing officer, chief technology officer and chief operating officer, sources say. The mattress company declined to comment. The round of layoffs, communicated to employees on Friday, largely impacted retail and operations teams, signaling that the business may be undergoing a broader restructuring. […]

September 14, 2021 By Steve Holland GOLDEN, Colo. (Reuters) -President Joe Biden said on Tuesday that extreme weather events would cost the United States over $100 billion this year, as he visited Colorado to highlight drought conditions and raging wildfires in the U.S. West. Colorado was his last stop on a three-state western swing in […]

September 14, 2021 (Corrects to remove reference to CVS Health Corp and replace it with Walmart Inc in paragraph 9) By Mica Rosenberg and Susan Heavey (Reuters) -Three former U.S. presidents – Republican George W. Bush and Democrats Bill Clinton and Barack Obama – have banded together behind a new group aimed at supporting refugees […]

September 14, 2021 MEXICO CITY (Reuters) – Gunmen stormed a hotel in Mexico’s central San Luis Potosi state on Tuesday and kidnapped some 20 foreigners believed to be mostly from Haiti and Venezuela, the state’s attorney general’s office said. The gunmen ransacked the building and took off with the logbook of guests, making it hard […]

September 14, 2021 By Andrea Shalal WASHINGTON (Reuters) – The U.S. Department of Housing and Urban Development on Tuesday took steps to allow local communities to start tapping a $5 billion fund for creation of affordable housing and services for the half million people experiencing or at risk of homelessness. The fund was created as […]

September 14, 2021 By Daniel Leussink TOKYO (Reuters) – Japanese manufacturers’ confidence worsened to a five-month low in September as the fallout from the latest wave of COVID-19 put fresh pressure on the world’s third-largest economy, the Reuters Tankan poll showed. Sentiment among manufacturers fell as export-reliant firms such as carmakers suffered from a global […]

September 14, 2021 LONDON (Reuters) – Channel 4, Britain’s publicly owned but commercially funded broadcaster, will be able to access more money to compete with streaming giants Amazon and Netflix under private ownership, Culture Secretary Oliver Dowden will say on Wednesday. Britain’s government said in June https://ift.tt/3Abtn8A it was planning to sell the broadcaster, launched […]

September 14, 2021 By Mindy Burrows LONDON (Reuters) – From “Rocky” boxing gloves to “Rambo” headbands, memorabilia from action movie star Sylvester Stallone’s Hollywood career are going under the hammer in a December auction expected to raise around $1.5 million. Nearly 500 items from Stallone’s personal archives are being sold, including costumes, props, scripts, notebooks […]

September 14, 2021 WASHINGTON (Reuters) – The top U.S. general secretly called his Chinese counterpart twice over concerns then-President Donald Trump could spark a war with China as his potential election loss loomed and in its aftermath, the Washington Post reported on Tuesday. U.S. General Mark Milley, chairman of the Joint Chiefs of Staff, called […]

September 14, 2021 By Sarah Marsh HAVANA (Reuters) -Haitian Prime Minister Ariel Henry on Tuesday replaced the chief public prosecutor who had been seeking charges against him as a suspect in the assassination of President Jovenel Moise, plunging the country into a fresh political crisis. Moise was shot dead https://ift.tt/3yuKFMA on July 7 when assassins […]

The first-production Rivian R1T electric pickup truck in “Rivian blue” rolled off the assembly line Tuesday morning at the company’s factory in Normal, Illinois, marking a milestone more than a decade in the making for the automaker and its founder and CEO, RJ Scaringe. The company, which started in 2009 as Mainstream Motors before adopting […]

September 14, 2021 By Sudipto Ganguly (Reuters) – Emma Raducanu has spent her time hopping from one media interview to another since her fairytale U.S. Open triumph and how she deals with her new-found fame could be as important as her tennis skills for her long-term success. The 18-year-old Briton stunned the world with her […]

September 14, 2021 By Marc Jones LONDON (Reuters) – Global equity index compiler MSCI is to start providing data on how much the world’s top 10,000 firms are likely to be contributing to global warning. The firm, which runs the widely-tracked $60 trillion All Country World Index, is launching Implied Temperature Rise scores, which estimate […]

September 14, 2021 By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) -Boeing Co delivered 22 airplanes in August amid revived domestic travel and won orders for seven 787s in a respite for a program hobbled by industrial defects and a halt in deliveries. The closely watched monthly snapshot comes as Boeing tries to recoup […]

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 September 14, 2021. It was an Apple day on the internets, so we’ve all spent the afternoon trying to figure out if we need a […]

When Kleiner Perkins led Stord’s $12.4 million Series A in 2019, its founders were in their early 20s and so passionate about their startup that they each dropped out of their respective schools to focus on growing the business. Fast-forward two years and Stord — an Atlanta-based company that has developed a cloud supply chain — […]

Casey Saran Contributor Share on Twitter An ad tech veteran who has logged time at Google and The Rubicon Project (now Magnite), Casey Saran is co-founder and CEO of Spaceback. 2021 has been a good year to be an ad tech investor. Valuations are surging, Wall Street is happy and exits are frequent and satisfying. It’s […]

The U.S. Securities and Exchange Commission (SEC) has charged App Annie, a leading mobile data and analytics firm, as well as its co-founder and former CEO and Chairman Bertrand Schmitt, with securities fraud. App Annie and Schmitt have agreed to pay over $10 million to settle the fraud charges which are related to “deceptive practices […]

NASA has awarded a combined $146 million in contracts to five companies, including SpaceX, Blue Origin and Dynetics, to develop lander concepts as part of the agency’s Artemis program. The awards include $26.5 million to Blue Origin; $40.8 million to Dynetics; $35.2 million to Lockheed Martin; $34.8 million to Northrop Grumman; and $9.4 million to […]

At first blush, the $12 billion Intuit-Mailchimp deal might not make a heck of a lot of sense. But people tend to pigeonhole companies, and in this case they might see Intuit as purely a financial software company and Mailchimp as an email marketing firm and nothing more. If that’s as far as your perspective […]