News

September 30, 2021 (Reuters) – Treasury Secretary Janet Yellen on Thursday agreed that any default on U.S. debt would cause irreparable harm. Yellen, asked by a member of the House Financial Services Committee if the damage done by failure to meet the federal government’s debt obligations would be “irreparable,” answered: “Yes.” Yellen has said the […]

September 30, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks ended flat on Thursday as declines in travel and leisure limited gains in miners, while ending the month with falls of over 3% on worries about a slowing global economy and higher inflation. The pan-regional STOXX 600 index was 0.05% lower, with miners […]

September 30, 2021 By David Morgan and Susan Cornwell WASHINGTON (Reuters) -President Joe Biden’s domestic agenda appeared to be at risk in the U.S. Congress on Thursday, as his fellow Democrats struggled to line up support for a plan to double spending on roads, bridges and other infrastructure. The No. 2 Democrat in the House […]

September 30, 2021 (Reuters) – Three-time world gold medallist and Olympic speed skater Elise Christie has said she was raped at the age of 19 in 2010 in Nottingham but did not report the incident to the police. Christie, now 31, said she was on a night out after returning from the 2010 Vancouver Winter […]

September 30, 2021 BELGRADE (Reuters) -The European Commission moved on Thursday to reassure Serbia of its future European Union membership after an internal document in Brussels showed that EU states could no longer agree to guarantee six Balkan countries a place in the bloc. Separately, France said it supported opening formal EU membership talks with […]

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September 30, 2021 (Reuters) – Shares of Bed Bath & Beyond Inc fell nearly 30% on Thursday after the retailer slashed its forecasts for the year, blaming supply chain hurdles and rising cases of the fast-spreading Delta variant of coronavirus. Retailers have been battling port congestions and escalating transportation costs due to global supply chain […]

September 30, 2021 By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose further last week as California moved more people to other programs following the expiration of government-funded aid early this month to maximize their access to assistance. The labor market recovery remains intact, with the report […]

September 30, 2021 WASHINGTON (Reuters) – House Speaker Nancy Pelosi said plans were still on for a Thursday vote on a bipartisan infrastructure bill that is part of President Joe Biden’s legislative agenda. “So far, so good,” Pelosi told reporters at a news briefing. (Reporting by Susan Cornwell and Doina Chiacu) Source Link Pelosi says […]

September 30, 2021 (Reuters) – Finding candidates from diverse racial, ethnic and gender backgrounds will be a “big focus” in the process of seeking replacements for the two regional Federal Reserve bank presidents who recently announced their departures, Fed Chair Jerome Powell said on Thursday. “I can absolutely guarantee you that we will work hard […]

September 30, 2021 BANGKOK (Reuters) – Business owners in a province in central Thailand have been battling in vain to protect their stores from floodwaters. Video taken from a boat in the commercial areas of Nakhon Sawan, about 220 km (136.7 miles) north of the capital Bangkok, showed empty streets flooded with waist-high brown water […]

Kevin Ryan — the New York-based investor and entrepreneur who first rose to prominence as CEO of the early online ad business DoubleClick — could have launched or joined a traditional venture firm many years ago. Instead, he has launched one company after another with largely his own capital at the outset to get them […]

French startup Voodoo has made a significant acquisition in the casual mobile gaming market. The company is acquiring Beach Bum, a game studio based in Israel and specialized in tabletop and card games. It’s hard to get a clear number for this acquisition as Voodoo is offering both cash and shares and there are some […]

Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. More posts by this contributor 1Password can now randomly generate email addresses for logins California makes zero-emission autonomous vehicles mandatory by 2030 Sony has acquired Bluepoint Games, the Austin-based studio best known for remaking Demon’s Souls and Shadow of the Colossus. Financial terms of […]

September 30, 2021 CAIRO (Reuters) – The debt situation for poor countries could worsen due to volatile commodity prices and higher interest rates, World Bank President David Malpass said on Thursday, urging countries to begin a gradual fiscal consolidation to maintain investor confidence. As of mid-2021, over half of the world’s poorest countries “are in […]

September 30, 2021 By Gavin Jones ROME (Reuters) – Mayoral elections in Italy’s largest cities on Sunday and Monday are expected to illustrate Matteo Salvini’s weakening grip of the right and see centre-left wins in the most high-profile contests. A parliamentary by-election in the Tuscan city of Siena will also be closely watched because it […]

September 30, 2021 By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday agreed to hear the Federal Election Commission’s bid to restore a campaign finance law that caps the amount of money that candidates can be reimbursed for personal loans to their campaigns in a challenge brought by Republican Senator Ted Cruz. The justices […]

September 30, 2021 By Joanna Plucinska and Robin Emmott WARSAW/BRUSSELS (Reuters) -Poland carried out an unlawful pushback of a group of migrants camped out on its border with Belarus in late August, an analysis of satellite imagery and other photos and videos by NGO Amnesty International published on Thursday said. Amnesty said that using satellite […]

Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta, a security service aimed at smart contracts. Andreessen Horowitz led the round, which OpenZeppelin CEO and co-founder Demian Brener described as 3x oversubscribed. The investment also attracted capital from Coinbase Ventures, True Ventures and Blockchain Capital, among others. Per Brener, OpenZeppelin will […]

September 30, 2021 WASHINGTON (Reuters) – U.S. Senate Minority Leader Mitch McConnell predicted on Thursday that the Senate would pass a measure to avoid a partial government shutdown, signalling Republican support for a Democratic measure due to be considered later in the day. (Reporting by David Morgan; Editing by Chizu Nomiyama) Source Link McConnell says […]