Sunday, 6 Oct 2024

Business

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Fate and Timing of Mueller Report Is Uncertain, but Book Version Is a Hit Now

The legions of reporters and commentators following every move by Robert S. Mueller III, the special counsel, do not know when he will finish investigating Russian interference in the 2016 election. And it is unclear whether the report he is expected to file will ever become public. That hasn’t stopped two publishers from setting a […]

SpaceX CEO Musk's security clearance under review over pot use: official

(Reuters) – SpaceX Chief Executive Elon Musk’s security clearance is being reviewed by the Pentagon after the billionaire smoked marijuana on a California comedian’s podcast in September, a U.S. official said on Thursday. An incident report was started by the Pentagon some time after the marijuana event, according to the official, who spoke on condition […]

Philadelphia Bans ‘Cashless’ Stores Amid Growing Backlash

In a sign of the growing backlash against “cashless” stores around the country, the City of Philadelphia will require retailers to accept legal tender starting this summer. Retail outlets that have stopped accepting cash say it is faster and easier for their employees to process digital payments. But critics say the practice discriminates against people […]

Airbnb buys HotelTonight in deeper expansion into hotel-booking business

SAN FRANCISCO (Reuters) – Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering. The acquisition, which Airbnb announced on Thursday, expands the company’s inventory by adding […]

Dovish ECB stance pushes Wall Street to fourth day of losses

(Reuters) – Wall Street fell for the fourth straight session on Thursday, weighed down by financial and technology stocks, as investors were spooked by the European Central Bank’s (ECB) return to pump-priming loans to stimulate a struggling euro zone economy. The ECB also pushed out its first post-crisis rate hike to at least next year, […]

Marriott CEO apologizes for data breach, vows improvements

WASHINGTON (Reuters) – Marriott International Inc Chief Executive Arne Sorenson apologized on Thursday before a U.S. Senate panel for a massive data breach involving up to 383 million guests in its Starwood hotels reservation system and vowed to protect against future attacks. Sorenson told the Senate Permanent Subcommittee on Investigations that the hacking, which occurred […]

Krispy Kreme launch new doughnut flavours – and you can try them for free

UPDATE: This offer has now expired As much as we love all of Krispy Kreme ‘s glorious creations, can you ever really beat an Original Glazed? Whether you answered yes or no to that, Krispy Kreme may have just made your dreams come true, having just announced two new flavours are hitting its popular range. […]

ECB to offer new cheap loan stimulus as eurozone slows

The European Central Bank (ECB) is to offer more cheap loans to banks from September in a bid to boost lending in a eurozone slowing economy. The euro area’s central bank sharply downgraded its forecasts for growth this year from 1.7% to 1.1% at the March meeting of its Governing Council – held against the […]

China Uses DNA to Track Its People, With the Help of American Expertise

BEIJING — The authorities called it a free health check. Tahir Imin had his doubts. They drew blood from the 38-year-old Muslim, scanned his face, recorded his voice and took his fingerprints. They didn’t bother to check his heart or kidneys, and they rebuffed his request to see the results. “They said, ‘You don’t have […]

Rent the Runway and West Elm partner to rent customers home decor

NEW YORK (Reuters) – Rent the Runway will partner with Williams-Sonoma Inc’s West Elm brand to allow subscribers to rent home decor, the clothing rental company said on Thursday. The New York City-based company, which has previously only rented out designer apparel and accessories, will let customers try out soft home goods, including quilts, blankets, […]