News

September 28, 2021 By Steve Scherer OTTAWA (Reuters) – Canada’s decision on whether to ban Huawei 5G gear, as all the other members of the so-called Five Eyes intelligence-sharing network have done, is likely to be made in “coming weeks,” Prime Minister Justin Trudeau said on Tuesday. His comments about the decision – which has […]

September 28, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach a political agreement on a global minimum tax deal at the G20 summit in October and has not ruled out a rate higher than 15%. Yellen, speaking to the National Association for Business […]

September 28, 2021 WASHINGTON (Reuters) – The U.S. labor market is in a “jumble” as workers sort out child care and navigate an ongoing pandemic, but the country remains on track for a full recovery, Atlanta Fed president Raphael Bostic said on Tuesday. “There is a lot of shuffle and a lot of jumble and […]

September 28, 2021 (Reuters) – Micron Technology Inc on Tuesday forecast first-quarter revenue below Wall Street estimates, as shortages in chip-making materials appeared to be catching up with the memory chip maker. The company forecast current-quarter revenue of $7.65 billion, plus or minus $200 million, while analysts on average were expecting $8.57 billion, according to […]

September 28, 2021 PARIS (Reuters) – France is preparing itself for a substantial conversation with Australia when the time comes after Canberra ditched a defence accord with Paris for a partnership with Britain and the United States, a French presidential official said on Tuesday. France has accused its allies of stabbing it in the back […]

September 28, 2021 By Paul Carrel BERLIN (Reuters) – Conservative chancellor candidate Armin Laschet faced a scrap for his political future on Tuesday as lawmakers in his CDU/CSU alliance met to plot a way forward after suffering their first national election defeat since 2002. The centre-left Social Democrats (SPD) narrowly beat https://ift.tt/3m8WrI0 the conservatives in […]

September 28, 2021 (Reuters) – Wall Street stocks tumbled in a broad sell-off on Tuesday as the upward trajectory of U.S. Treasury yields and deepening inflation concerns dampened risk appetite and sent investors fleeing the equities market. Below are some notable facts about the bout of volatility hitting U.S. equities. * With investors increasingly worried […]

September 28, 2021 (Reuters) – The search for a new chief of the Boston Federal Reserve Bank will be “comprehensive, rigorous and open,” with details to be announced soon, a spokesman for the bank said on Tuesday. Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan abruptly announced their imminent retirements Monday amid […]

September 28, 2021 WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and her European Union counterpart discussed common challenges posed by non-market economies, including China, during a meeting in Washington on Tuesday, Tai’s office said in a statement. Tai thanked European Commission Executive Vice President Valdis Dombrovskis “for helping to build an important bilateral partnership […]

Andy Weyer Contributor Share on Twitter Andy Weyer is managing director of technology at Runway Growth Capital. Given the surplus of liquidity in the markets, entrepreneurs have access to more funding options than ever before. Venture banks, venture debt funds and venture capitalists are each jockeying to prove how their money is greener. Nonetheless, each […]

The NFT world collectively seems to be trying to turn internet memories into one big game — with a lot of cash involved of course. The original “Doge” image sold for $4 million back in June, the original “Pepe” comic image sold for $1 million in April, in short, people are becoming meme millionaires. Buying […]

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor Defense Department seeks nuclear propulsion for small spacecraft A Chinese EV startup wants to build a ridable robot unicorn for kids Microsoft wasn’t just indulging in wishful thinking when it said it wanted more third-party app stores in Windows […]

September 28, 2021 (Reuters) – The European Union and China must continue engaging on a number of issues despite differences, the bloc’s foreign policy chief Josep Borrell told his Chinese counterpart Wang Yi in a video call on Tuesday, according to an EU statement. “The High Representative noted that while disagreements still persisted, the EU […]

September 28, 2021 By Jonathan Stempel NEW YORK (Reuters) – Sotheby’s must face a lawsuit by New York’s attorney general accusing the auction house of fraudulently helping a wealthy art collector dodge millions of dollars of sales taxes, a state judge has ruled. The case concerned purchases by a Sotheby’s client of more than $27 […]

September 28, 2021 FRANKFURT (Reuters) – German financial regulator BaFin ordered online bank N26 to pay 4.25 million euros ($4.98 million) for delayed reports of suspicious activity in 2019 and 2020 in the area of anti-money laundering, the bank said in a statement. N26 said the fine was paid in full on July 14, adding […]

September 28, 2021 By Hanna Rantala LONDON (Reuters) -With a guest list made up of Oscar winners and British royalty, James Bond film “No Time To Die” finally held its delayed world premiere in London on Tuesday in the city’s most high profile red carpet since the start of the COVID-19 pandemic. Wet weather failed […]

September 28, 2021 WASHINGTON (Reuters) – Republicans in the U.S. Senate on Tuesday blocked an attempt by Democratic leader Chuck Schumer to hold a vote to suspend the federal debt limit. The measure would have allowed Democrats to raise the borrowing authority on their own, bypassing the chamber’s usual 60-vote margin. (Reporting by David Morgan; […]

September 28, 2021 By Vincent West BILBAO, Spain (Reuters) – Staring impassively out from the murky waters of Bilbao’s River Nervion, the eerily lifelike face of a young girl drowning in the tide has been unsettling people in the Spanish city since she appeared unannounced last week. Mexican hyperrealist artist Ruben Orozco created the enigmatic […]

Today, Stark launched a private beta for its Stark for Mac app, which streamlines accessibility compliance to make products more inclusive while allowing everyone involved in a project to easily collaborate. Companies can upload their design files into Stark’s tool, which then identifies accessibility issues and suggests changes. Stark started in 2017 when Cat Noone […]

September 28, 2021 (Reuters) – Aurora Cannabis Inc’s top boss Miguel Martin expects the company to be profitable on a core basis in the first half of 2023, helped by C$60 million to C$80 million in cost savings. More than three years into Canada’s legalization of recreational cannabis, most large producers continue to post losses […]