Category Archives:
Software startup Vercel doubles valuation to $2.5 billion in latest funding round
(Reuters) - Web development software startup Vercel has doubled its valuation to $2.5 billion after raising $150 million in its latest funding round. The San Francisco-based company said on Tuesday th...
Nov 23, 2021
As U.S. inflation hits 31-year high, banks assess risks and opportunities
By Matt Scuffham NEW YORK (Reuters) - Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monitoring whether clients in exposed sectors could pay...
Nov 23, 2021
Factbox-Who will get the Fed regulation job? Here are some of contenders
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - While President Joe Biden on Monday said he would renominate U.S. Federal Reserve chair Jerome Powell, he left Washington guessing as to who...
Nov 23, 2021
U.S. lawmakers, officials, Trump, on oil reserve release
LONDON (Reuters) - The White House said on Tuesday it would make 50 million barrels of oil available from the U.S. Strategic Petroleum Reserves as part of a coordinated effort with other major economi...
Nov 23, 2021
Pope sends condolences for car attack on U.S. Christmas parade
VATICAN CITY (Reuters) - Pope Francis, in a condolence message for an attack in Waukesha, Wisconsin that left five dead and dozens injured after a man deliberately drove his car into a Christmas parad...
Nov 23, 2021
Spain to force streaming platforms to use regional languages, Catalan party says
MADRID (Reuters) - The Spanish government will pass a new 5% tax on audiovisual production and force streaming platforms, such as Netflix, to air shows in regional languages, Catalonia's separatist pa...
Nov 23, 2021
Japan to allocate $5.2 billion to fund chip plants by TSMC, others – Nikkei
(Reuters) - Japan will allocate about 600 billion yen ($5.2 billion) from its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers including the world's No. 1 contract chip...
Nov 23, 2021
Bond investors ramp up US inflation, rate-hike expectations – Russell Investments
By Dhara Ranasinghe LONDON (Reuters) - Fixed income managers have ramped up expectations for U.S. inflation and rate hikes in the face of stronger-than-anticipated price pressures, Russell Investments...
Nov 23, 2021
Musk chides Binance CEO on dogecoin glitch
(Reuters) - Tesla founder Elon Musk on Tuesday delivered a stinging rebuke to Binance Chief Executive Changpeng Zhao on Twitter after the cryptocurrency exchange limited withdrawals of meme-based digi...
Nov 23, 2021
Holmes to take stand for third day in Theranos fraud trial
By Jody Godoy SAN JOSE, Calif. (Reuters) - Theranos founder Elizabeth Holmes is expected to take the stand for a third day on Tuesday in her trial on fraud charges tied to her startup that once promis...
Nov 23, 2021
Peoria, IL, USA
70 °F Partly cloudy
