The U.S. Conference of Catholic Bishops overwhelmingly voted, 168-55, to draft a document that they hope will prevent President Biden and other Catholic politicians from receiving Communion if they advocate for abortion rights, the Associated Press reports.Why it matters: Biden is the United States’ second Catholic president and the country’s most religiously observant leader since…
Podcasts are all the rage, but podcast discovery is a challenge. Today, Spotify announced its acquisition of Podz, a startup that’s trying to solve the problem of podcast discovery. “At Spotify, we are investing to build and scale the world’s best (and most personalized) podcast discovery experience,” the company said. “We believe that Podz’ technology…
Brady Corporation (BRC) – Get Report (“Brady”) today completed the acquisition of The Code Corporation (“Code” or the “Company”) for approximately $173 million. Brady will fund the transaction with cash on hand and borrowings on its existing revolving line of credit. Code has forecasted sales of nearly $50 million for Brady’s first full fiscal year…
Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. “It costs a small fortune to health facilities…
Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch. The new round, a Series E, is giving the three-year-old New Delhi-headquartered firm a pre-money valuation of $2.5 billion, sources said, requesting anonymity…
2/2 © Reuters. FILE PHOTO: Women holding their mobile phones are silhouetted as they walk on an overpass at a business district in Tokyo, Japan, November 5, 2015. REUTERS/Yuya Shino 2/2 By Tetsushi Kajimoto TOKYO (Reuters) – Women make up fewer than 10% of managers at most Japanese companies and a big majority of firms…
© Reuters. FILE PHOTO: A person walks past the Bank of England in the City of London financial district, in London, Britain, June 11, 2021. REUTERS/Henry Nicholls By Jonathan Cable LONDON (Reuters) – British inflation can rise above 3% before the Bank of England feels discomfort, according to a Reuters poll of economists who also…
Ford has two electric vehicles in the pipeline — the E-Transit cargo van and F-150 Lighting Pro —aimed at commercial customers. Now, the automaker is rounding out its future EV commercial business with the acquisition of battery management and fleet monitoring software startup Electriphi. Terms of the acquisition weren’t disclosed. Ford is betting that the…
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Amazon admits it has a fake review problem, but does its best to spread the blame around in a new post detailing the issue. After numerous reports for years that the online retail giant is overrun with knock-off products and faked or farmed reviews, the company aims to look as if it is finally putting…
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