October 1, 2021 By Amy Tennery (Reuters) – Ukrainian Hockey League (UHL) player Jalen Smereck told Reuters on Friday he would return to the ice despite an opponent targeting him with racist behavior, but the American said reform was long overdue for the sport. A video showing HC Kremenchuk forward Andriy Deniskin peeling and eating […]
News
TSX starts October with a gain but extends weekly losing streak
October 1, 2021 By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Friday as the prospect of the first oral antiviral medication for COVID-19 boosted the sectors that could benefit most from a recovery in economic growth, but the market still posted a decline for the week. The Toronto Stock Exchange’s S&P/TSX […]
U.S. house panel considers bill curbing dual-class stock
October 1, 2021 By Jessica DiNapoli NEW YORK (Reuters) – A U.S. House of Representatives panel plans to discuss a draft bill requiring companies that go public with dual-class stock to sunset the structure after seven years, according to a copy of the proposed legislation published late Thursday. Dual-class share structures, which give some stockholders […]
Bruised market eyes Treasury yields to gauge stocks’ path
October 1, 2021 By Lewis Krauskopf NEW YORK (Reuters) – Investors are focusing on Treasury yields as a key factor in determining how stocks will fare the rest of the year, after a month in which equities notched their steepest losses since the coronavirus pandemic began. The S&P 500 index posted its biggest monthly drop […]
Daily Crunch: Nigerian president offers to lift 4-month Twitter ban under certain conditions
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 1, 2021! What a week, y’all. With the third quarter of 2021 now behind us, it’s time to gird ourselves for earnings season, new […]
More destruction feared in La Palma as lava pours from new volcano vent
October 1, 2021 By Juan Medina and Marco Trujillo MADRID (Reuters) -Lava flowed from a newly opened crack in the Cumbre Vieja volcano on Spain’s La Palma on Friday, carving a different path from previous flows and raising fears of more destruction, while fine ash forced islanders to don masks and goggles. A river of […]
Influx of Haitian migrants pushing locals out of housing in Colombia beach town
October 1, 2021 By Henry Esquivel NECOCLI, Colombia (Reuters) – An influx of thousands of mostly Haitian migrants seeking transport northward toward the United States is pushing locals in the Colombian beach town of Necocli out of housing, residents said, as landlords favor migrants able to pay in dollars. The backlog of migrants waiting in […]
Rivian’s IPO filing is now public
Electric vehicle startup Rivian, which just started deliveries of its R1T pickup truck , released its filing to become a publicly traded company in the United States. The S-1 document, which was filed Friday with the U.S. Securities and Exchange Commission, does not include terms for its offering. The company filed confidentially for its IPO […]
What to watch for in the U.S. SEC’s GameStop report
October 1, 2021 By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission plans to soon release its long-awaited report on the GameStop trading saga and it could have implications for brokerages, wholesale market makers, exchanges, and retail investors. The SEC report is expected to address the issues around the market chaos […]
Fix it or ditch it, UK’s Johnson warns EU on Northern Ireland deal
October 1, 2021 BELFAST (Reuters) – British Prime Minister Boris Johnson said on Friday that Northern Ireland’s contentious post-Brexit trading arrangements could work in principle if they were “fixed” but warned the EU they would be “ditched” if not. The Northern Ireland protocol was part of the Brexit divorce settlement Johnson negotiated with the European […]
U.S. adviser, Panama president discussed infrastructure needs, transparency – U.S. statement
October 1, 2021 MEXICO CITY (Reuters) – U.S. Deputy National Security Adviser Daleep Singh and Panama’s President Laurentino Cortizo discussed Panama’s infrastructure needs and transparency in a meeting, according to a White House statement on Friday. The meeting also included Cortizo’s cabinet members, representatives of the Panama Canal Authority, and private sector business leaders, the […]
U.S. Transportation Department furloughs 3,700 employees
October 1, 2021 By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said 3,700 employees had been temporarily furloughed after Congress failed to reauthorize surface transportation programs before a deadline that expired early on Friday. A department spokesperson said the agency is “taking every step we can to mitigate the impacts of this temporary lapse […]
Enterprise software firm Informatica files for U.S. IPO
October 1, 2021 (Reuters) – Enterprise software developer Informatica Inc on Friday filed for an initial public offering in the United States, paving the way for a return to the public markets more than six years after being taken private. (Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi) Source Link Enterprise software firm […]
Deere reaches tentative 6-year labor deal with United Auto Workers union
October 1, 2021 (Reuters) – U.S. tractor maker Deere & Co and the United Auto Workers (UAW) union on Friday agreed on a new six-year labor contract that will be subject to a vote by the company workers. The tentative deal will cover about 10,100 production and maintenance employees across 12 facilities in Iowa, Illinois, […]
German ‘kingmakers’ meet on coalition, courted by would-be kings
October 1, 2021 By Paul Carrel and Thomas Escritt BERLIN (Reuters) -Germany’s Greens and Free Democrats met on Friday for a second round of talks to explore possible common ground on which to form a new coalition government with either the Social Democrats or the conservatives, both of whom are courting them. The Greens and […]
Expo 2020 Dubai kicks off with lavish opening ceremony
October 1, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]
Canada’s Spavor says he is ‘overjoyed’ to reunite with family after China release
October 1, 2021 (Reuters) – Canadian citizen Michael Spavor said on Friday that he was overjoyed to be reunited with his family after being released from jail in China last week. ‘I’m overjoyed to be finally reunited with my family. It’s humbling as I begin to understand the continued support that we’ve received from Canadians […]
Ecuador to pardon thousands after 118 die in worst-ever prison riot
October 1, 2021 QUITO/GUAYAQUIL, Ecuador (Reuters) -Ecuador is planning to pardon up to 2,000 inmates in order to relieve overcrowding at its detention centers after 118 inmates died and a further 79 were injured in the country’s worst-ever prison riot earlier this week, an official said on Friday. Bolivar Garzon, the director of the South […]
Here’s all 10 companies from IndieBio’s latest New York cohort
Most big accelerators tend to dedicate some of their resources to dauntingly hard science problems and the companies taking them on… but for SOSV’s IndieBio, it’s the primary focus. Last time we checked in with IndieBio, their companies were working on everything from lozenges to treat gum disease, to vertical farms for the sustainable production […]
UK lobbying regulator probes former PM Cameron for second time this year- FT
October 1, 2021 (Reuters) – Former British prime minister David Cameron is being investigated for the second time this year by the lobbying regulator over whether he should have registered as a consultant lobbyist, the Financial Times reported on Friday. According to the newspaper, the Office of the Registrar of Consultant Lobbyists is investigating Cameron […]