The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three people with knowledge of the matter told Reuters.The investigation, led by the Justice Department’s civil division, is examining whether Kabbage and other fintech companies…
The United States will join a New Zealand-led global campaign to stamp out violent extremism online, the White House said, making a policy change two years after the administration of former president Donald Trump declined to participate.The initiative was started by New Zealand Prime Minister Jacinda Ardern and French President Emmanuel Macron in 2019 after…
Top Olympic official John Coates said on Saturday that while Japanese sentiment turning against the Tokyo Games was a “concern”, he could foresee no scenario under which the sporting showpiece would not go ahead.Questions have been raised about the viability of staging the Games in July and August with Tokyo in a state of emergency…
Residents of Mexico City will be able to attend open-air concerts and sporting events at limited capacities beginning next week due to a sustained drop in COVID-19 infections, Mayor Claudia Sheinbaum said on Friday.The new measures set to take effect on May 10 will include expanded access to movie theaters, banks as well as hotel-based…
An advisory panel to the U.S. Centers for Disease Control and Prevention (CDC) will meet on Wednesday to review data on the use of Pfizer Inc (PFE.N) and partner BioNTech’s (22UAy.DE) COVID-19 vaccine in adolescents aged 12 to 15.The vaccine is currently authorized for use in Americans aged 16 and above.The Advisory Committee on Immunization…
U.S. Treasury Secretary Janet Yellen on Friday heralded the progress the economy has achieved to escape the grip of the coronavirus pandemic but said more action was needed to “build back better.”
The United States on Friday said it had revoked a last-minute effort by the Trump Administration to loosen safety regulations for the oil industry in the Arctic Ocean off Alaska.The rule, which was proposed in December of last year, would have revised a suite of Obama-era rules crafted to improve safety in the extreme conditions…
The New York Stock Exchange will allow more traders to return to its 11 Wall Street trading floor, based on vaccination rates, and ease restrictions for people who have had a shot, its President Stacey Cunningham said on Friday.The NYSE, which is owned by Intercontinental Exchange Inc (ICE.N), said trading firms with 100% of their…
Health Minister Jens Spahn on Friday defended another U-turn by Germany on the AstraZeneca (AZN.L) vaccine, saying making it available to all adults who want it would protect more people against COVID-19 more quickly.Spahn announced late on Thursday that Germany would make AstraZeneca available to all adults, subject to consulting a doctor, and allow people…
The main challenge to raising production of COVID-19 vaccines is how to quickly and effectively transfer technology, Germany’s health minister said Friday, reiterating Berlin’s opposition to a U.S. proposal to waive patent protection.”The main issue is not patent protection but production capacity,” Jens Spahn told a news conference on Friday.In a jab at the Biden…
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