News

September 14, 2021 WASHINGTON (Reuters) – The Treasury Department on Tuesday said it had suspended changes to the government’s stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration. Those changes would have allowed the pair to begin to retain profits with an eye toward eventually exiting […]

September 14, 2021 (Reuters) – Burundi’s Francine Niyonsaba capped off her season by breaking the 2,000 metres world record on Tuesday, finishing with a time of 5 minutes and 21.56 seconds at a Continental Tour event in Zagreb. The 28-year-old, who won the 5,000 metres Diamond League tile in Zurich last week, shaved nearly four […]

September 14, 2021 By Anthony Esposito MEXICO CITY (Reuters) – As Mexico aims to boost its manufacturing of semiconductors, it may build production facilities in its southern states, where much-needed water is available, according to Economy Minister Tatiana Clouthier. At the so-called High-Level Economic Dialogue (HLED) between the United States and Mexico, held in Washington […]

September 14, 2021 WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer urged the business community on Tuesday to start weighing in with Republicans on the dangers of not raising the debt ceiling to avoid a government default or partial government shutdown. “This is risky business and dangerous business” that Republicans are engaging in, Schumer, […]

September 14, 2021 By Richard Cowan and David Lawder WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday. The bipartisan Joint […]

September 14, 2021 (Reuters) – Thousands of Afghans protested against the Taliban in the southern city of Kandahar on Tuesday, according to a former government official and local television footage, after residents were asked to vacate a residential army colony. Protesters gathered in front of the governor’s house in Kandahar after around 3,000 families were […]

September 14, 2021 TUNIS (Reuters) – Tunisia’s President Kais Saied said on Tuesday he would not do deals with those he described as “traitors”, an apparent reference to the moderate Islamist Ennahda party, the biggest in the suspended parliament. Ennahda has called for a national dialogue to find a way forward after Saied on July […]

September 14, 2021 Fans will have to be fully vaccinated in order to attend games in Buffalo beginning Oct. 31. The Bills made the announcement Tuesday, in compliance with a directive given by the Erie County Department of Health. The directive applies to Buffalo Sabres games, too. Further, fans are required to have a minimum […]

September 14, 2021 By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of ARK Invest on Tuesday reiterated her call that slowing economic activity in the United States will bolster growth stocks. Wood cited disappointing job growth in August and weakening consumer price index figures as signs that the U.S. economy will […]

September 14, 2021 By Jeffrey Dastin (Reuters) – Amazon.com Inc has hired a Twitter Inc executive, Candi Castleberry Singleton, as vice president of global diversity, equity and inclusion (DEI), according to a staff memo on Tuesday that it shared with Reuters. The company had upgraded the role from a director-level position. Castleberry Singleton’s job will […]

September 14, 2021 (Reuters) – Apple Inc on Tuesday launched a new series of iPhones and iPads, featuring a faster processor and better cameras. Launching the products at a virtual event, Apple priced its smartphones at between $399, for the iPhone SE, $699 for the iPhone and $999 for the Pro Max version. Here are […]

September 14, 2021 MILAN (Reuters) – Generali said a majority of its board members was in favour of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy’s biggest insurer spar over governance and strategy. Generali said a majority of non-executive directors had expressed appreciation for Donnet’s work at a […]

Apple continues its tradition of improving the photography capabilities of consumer devices with today’s announcement of the iPhone 13 and 13 Pro, available on September 24. Last year’s iPhone 12 had two rear camera lenses, while the iPhone 12 Pro had three; the iPhone 13 and iPhone 13 Pro follow suit. The iPhone 13 features […]

Space rideshare service provider Spaceflight Inc. is going to be shuttling customers on a lunar flyby mission next year, part of its long-term vision of giving companies easy access to lunar orbits and beyond. The Seattle-based company will be delivering payload using its propulsive transfer vehicle, Sherpa EScape, or Sherpa-ES, the latest iteration of Sherpa […]

Canva is now valued at $40 billion following a fresh capital injection of $200 million (USD) in a round led by T. Rowe Price. New and existing investors participated in the round, including Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis and AirTree Ventures. This round solidifies Canva […]

September 14, 2021 By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Investors are ramping up their focus on Washington, as the twin prospects of a tax hike and a potentially prolonged fight over raising the debt ceiling loom over a rally in U.S. stocks. Democrats in the U.S. House of Representatives on Monday […]

September 14, 2021 WASHINGTON (Reuters) – The top U.S. general secretly called his Chinese counterpart twice in the final months of Donald Trump’s term in office over concerns the U.S. president could spark a war with China as his potential election loss loomed and in its aftermath, according to a newspaper report on Tuesday. U.S. […]

The TechCrunch crew is hard at work writing up the latest from Apple’s iPhone, iPad and Apple Watch event. They have good notes on the megacorp’s hardware updates. But what are the markets saying about the same array of products? For those of us more concerned with effective S&P dividend yields than screen nit levels, […]

President Biden made his latest nomination to the Federal Trade Commission this week, tapping digital privacy expert Alvaro Bedoya to join the agency as it takes a hard look at the tech industry. Bedoya is the founding director of the Center on Privacy & Technology at Georgetown’s law school and previously served as chief counsel […]

September 14, 2021 By Francois Murphy VIENNA (Reuters) – The U.N. nuclear watchdog on Tuesday described as “unacceptable” incidents in Iran involving its inspectors, in which diplomats say security staff subjected female inspectors to inappropriate searches that the United States is calling harassment. In a first case this year at the Natanz nuclear site, a […]