Select, early-stage companies, hand-picked by TechCrunch editors, take the stage and have five minutes to present their companies.
Select, early-stage companies, hand-picked by TechCrunch editors, take the stage and have five minutes to present their companies.
Americans got smarter about the credibility-challenged, fear-mongering president, suggests R. Douglas Fields of the National Institutes of Health.
The Global Automotive Engine Oil Market will grow by 876.17 mn L during 2020-2024
Cognigy Named a Top 20 Most Successful Startup in Germany
If you're in the mood for an unshakable case of the creeps, dig into the original Unsolved Mysteries series. The second volume of Netflix's reboot of the classic show features six intriguing new episodes, but it still has a ways to go to match up to the sheer volume of its predecessor, a prolific entity with nearly 600 episodes in total. From the original show, many, many cases, which touch on everything from true crime to the paranormal, have been resolved. In fact, you can find an entire archive devoted to them. Unsolved Mysteries unsurprisingly received countless tips from engaged viewers, and, over the years, cases have definitely been solved because of these leads. Ahead, we've compiled a list of some of the cases that viewers helped close.
"The Mandalorian" -- and more importantly, Baby Yoda -- is returning to Disney Plus on Oct. 30, but before that, the show released another look at the new season during Monday Night Football. The new clip builds upon the previously released trailer for the series' second season, showing off the many landscapes and impressive special […]
President Donald Trump announced on Monday the United States would remove Sudan from its list of state sponsors of terrorism as soon as Khartoum sets aside the $335 million it has agreed to pay to American victims of militant attacks and their families. The deal could also set in motion steps by Sudan toward establishing diplomatic relations with Israel, a U.S. official told Reuters, following similar U.S.-brokered moves by the United Arab Emirates and Bahrain. The details were still being worked out, the source said.Although Trump made no mention of Israel in his tweet announcing the breakthrough with Sudan, rapprochement between Israel and another Arab country would give Trump a new diplomatic achievement as he seeks re-election on Nov. 3.Sudan's designation as a state sponsor of terrorism dates to its toppled ruler Omar al-Bashir and makes it difficult for its transitional government to access urgently needed debt relief and foreign financing.Many in Sudan say the designation, imposed in 1993 because Washington believed Bashir was supporting militant groups, has become outdated since he was removed last year and Sudan has long cooperated on counterterrorism.U.S.-Sudanese negotiations have focused on funds that Washington wants Khartoum to deposit in escrow to be paid for victims of al Qaeda attacks on U.S. embassies in Kenya and Tanzania in 1998, U.S. government sources said."GREAT news! New government of Sudan, which is making great progress, agreed to pay $335 MILLION to U.S. terror victims and families," Trump tweeted. "Once deposited, I will lift Sudan from the State Sponsors of Terrorism list."A Sudanese government source said Khartoum was ready to pay compensation to U.S. Embassy bombing victims."Thank you so much, President Trump!" Sudanese Prime Minister Abdalla Hamdok tweeted. "We very much look forward to your official notification to Congress rescinding the designation of Sudan as a state-sponsor of terrorism."While Trump can act on his own to remove Sudan from the list, congressional legislation is needed to ensure the flow of payments to embassy bombing victims and their families - and immediate action on Capitol Hill is far from certain.Urging congressional action, Edith Bartley, spokeswoman for Americans killed in the Nairobi bombing, said the funds would meet a commitment by three successive presidents "to condition normalisation (with the U.S.) on compensating survivors and the families of those who were lost to acts of terror."Israel was sticking point A key sticking point in the negotiations was Sudan's insistence that any announcement of Khartoum's delisting not be explicitly linked to normalization with Israel. Differences remain between Sudanese political and military officials on how far to go in the warming of relations with Israel.Hamdok, who runs the country together with the military in a transition since the toppling of Bashir, told U.S. Secretary of State Mike Pompeo in Khartoum in August that the normalization issue should not be tied in with Sudan’s removal from the terrorism list.One possibility, a U.S. official said, would be for Washington to leave it to Sudan and Israel to go public later, possibly in coming days, with an agreement on opening relations.The UAE and Bahrain in September became the first Arab states in a quarter of a century to agree to formal ties with Israel, forged largely through shared fears of Iran.Asked whether an Israel-Sudan breakthrough was imminent, Israeli Finance Minister Israel Katz told Israel's Army Radio: "I hope that the intensive contacts will yield positive fruit."The Trump administration, which is also expected to offer economic aid, must now notify the U.S. Congress of its intent to take Sudan off the terrorism list.A remaining obstacle is that Congress must pass legislation restoring Sudan's sovereign immunity, a shield against future legal claims for past attacks once it pays the compensation it already owes. Sudan had lost that protection because of the terrorism designation.Echoing concerns of other lawmakers, Democratic Senator Bob Menendez said in an Oct. 15 letter to Pompeo that "corrective action" was needed to ensure the deal did not make it more difficult for victims of al Qaeda's Sept. 11, 2001, attacks to sue for damages. Sudan was accused of giving safe haven to al Qaeda leaders.(REUTERS)
(Bloomberg) -- Goldman Sachs Group Inc. has reached a long-awaited pact with the U.S. Department of Justice to pay more than $2 billion for the bank’s role in Malaysia’s 1MDB scandal, and the deal may be announced within days, according to people familiar with the matter.The accord, part of an international action, will let the parent company avoid a U.S. criminal conviction, according to the people, who asked not to be named discussing the confidential talks. The payment to the Justice Department is broadly in line with the bank’s prior reserves and analysts’ estimates.The deal, expected to come just weeks before the U.S. presidential election, would remove uncertainty for the bank following years of investigations and negotiations with the Justice Department over the firm’s fundraising for the 1MDB investment fund. It follows an agreement in July to settle a related probe with Malaysia, in which the bank promised to pay $2.5 billion. Malaysia dropped criminal charges against the New York-based company in early September.A representative for Goldman Sachs declined to comment, and representatives for the Justice Department didn’t respond to messages seeking comment.In all, Goldman Sachs may pay roughly $5 billion once accords with Malaysia, the Justice Department and other agencies are tallied together.In Singapore, authorities plan to levy a financial penalty and issue a warning with conditions, and if the company breaches them, Goldman Singapore could be prosecuted, people familiar the matter said. The Monetary Authority of Singapore, Attorney-General’s Chambers and police didn’t immediately reply to an email seeking comment.Probes of the Wall Street firm focused on its work raising $6.5 billion in 2012 and 2013 for the fund formally known as 1Malaysia Development Bhd., much of which was later allegedly siphoned off by people connected to the country’s former prime minister, Najib Razak. Goldman’s investment-banking group, led at the time by now-Chief Executive Officer David Solomon, collected $600 million from the bond sales.Authorities in Asia, the U.S. and Europe have spent years tracing out the conspiracy and tracking down cash and assets around the globe, including condos, jewelry and art.Goldman has long blamed rogue employees, asserting it had no idea the money it helped raise would be diverted from development projects. One former Goldman Sachs partner, Tim Leissner, pleaded guilty in the U.S. to conspiring to launder money and violating foreign bribery laws. Another executive was charged with foreign bribery offenses.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- Joyson Safety Systems Japan, a unit of the company that took over failed airbag maker Takata Corp., discovered that falsified production data at its Japanese seatbelt factory was used to pass safety standards for a European certification agency, people with knowledge of the matter said.The issue comes on top of revelations last week, confirmed by Japan’s transport ministry, that Joyson Safety Systems Japan, or JSSJ, had given faulty data to automakers on seatbelts shipped from its factory in Hikone, Shiga prefecture, which it took over from Takata in 2018. The Nikkei newspaper reported on Oct. 15 that as many as nine million seatbelts supplied by JSSJ to Japanese automakers fell short of strength standards.JSSJ is ultimately owned by Ningbo Joyson Electronic Corp., the Chinese company whose subsidiary acquired the bankrupt Takata in 2018. The Japanese firm became aware of the faulty inspection data at the Hikone factory in April, with certain data also appearing to have been manipulated to pass product safety requirements imposed by the International Automotive Task Force, a Europe-based certification body, said the people, who asked not to be identified because the information isn’t public. It’s unclear when the alleged data falsification took place, the people said.“We are investigating the issue and would like to formally address the facts and numbers being circulated by the media, but it is difficult to do so at the moment,” a representative for Hisayoshi Iwamitsu, president of JSSJ, said by phone Oct 16, declining to comment further when asked about the IATF issue.U.S.-based Joyson Safety Systems, JSSJ’s immediate parent, dominates about 30% of the global seatbelt market, competing with other auto-parts makers such as Sweden’s Autoliv Inc. and Germany’s ZF Friedrichshafen AG. A seatbelt recall in Japan could potentially impact 2 million vehicles, according to the Nikkei.Reputational RiskEvidence of further issues at the factory could put the manufacturer at risk of losing the confidence of customers and businesses globally. The faulty seatbelt data underscores the painful legacy left by Takata, which filed for bankruptcy three years ago after it supplied more than an estimated 100 million defective airbags worldwide.Automakers will probably conduct a review on seat belts made by Takata or JSSJ when bad news like this occurs, said Ken Miyao, an analyst at Carnorama. “If they find unknown defective parts, that potentially may lead to another round of recalls,” he said.What Takata’s Bankruptcy Means for Airbag Recalls: QuickTake Q&AAfter the Nikkei’s revelations, Joyson Safety Systems said it is looking into “reporting inaccuracies” at the Hikone factory, according to a statement last week from company spokesman Bryan Johnson.“The reporting issues arose long before the acquisition of the plant from Takata in April 2018,” Johnson said in the statement, posted on the parent company’s website Oct. 14. “JSS is currently reviewing available and relevant data over a 20-year period on a test-by-test and product-by-product basis, which is a substantial undertaking. The investigation is ongoing and JSS is focused on clarifying the issues with urgency to identify the causes and take appropriate corrective measures.”Global UsersThe “data integrity issue” flagged in media reports mainly occurred between 2000 and 2010, when the factory belonged to Takata, Ningbo Joyson Electronic said in a statement to the Shanghai stock exchange Monday. The company is looking into practices after it took control of the plant.A spokesman for the transport ministry said it was investigating the case following the Nikkei report.The audit and supervisory committee established to strengthen governance at JSSJ after it assumed control of Takata’s operations had sought for an inquiry into the seatbelt issue, people with knowledge of the probe said. JSSJ’s corporate disclosure documents show that several members of the committee left their positions on Aug. 20.Standards such as “IATF 16949” set by the organization are designed to prevent product defects and differences in quality throughout production, and are considered a prerequisite for supplying equipment to automakers. BMW, Daimler AG, Fiat-Chrysler Automobiles NV, Ford Motor Co., General Motors Co., Jaguar Land Rover Automotive Plc, Peugeot SA, Renault SA, Volkswagen AG and various trade associations are members of IATF.Child SeatsTakata’s annual sales before declaring bankruptcy were about 660 billion yen ($6.3 billion). Ningbo Joyson Electronic reported sales of 61.7 billion yuan ($9.2 billion) last year, the bulk of which came from JSS, based in Auburn Hills, Michigan.The Nikkei newspaper also reported Oct. 15 that there was evidence of tampering with data for seatbelts used in child-safety seats at the Hikone factory.The Takata scandal unleashed one of the most significant recalls in automotive history. The company sold defective air bag inflators using ammonium nitrate, which were at risk of exploding violently in a crash and injuring passengers with metal shards. They were linked to at least 23 deaths worldwide and more than 200 injuries in the U.S. alone. Takata pleaded guilty to a wire-fraud charge as part of a $1 billion settlement with the U.S. Justice Department over the air-bag problems, and later went out of business.(Updates with analyst comment in 7th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- U.S. futures edged higher Tuesday as investors held out some hope of a deal on stimulus talks. Asian stocks slipped after a weak session on Wall Street overnight.S&P 500 Index futures climbed after a spokesman for House Speaker Nancy Pelosi said differences were narrowing in talks. Shares dipped in Japan, Australia and South Korea, and fluctuated in Hong Kong. The 10-year Treasury yield steadied around 0.77% and the dollar held losses versus major peers. The yen declined and the offshore yuan rose to the strongest since July 2018.Earlier, the S&P 500 Index fell to the lowest in almost two weeks as time draws short to reach agreement on a bill that could pass by Election Day on Nov. 3. The Australian dollar slid after comments from the central bank’s assistant governor that short-term rates could fall below zero. Global virus cases surpassed 40 million.Investors are weighing the chances of a resolution to stimulus talks before the Nov. 3 election. Federal Reserve policy makers have called for more fiscal support to shore up the recovery from the pandemic-induced recession.Pelosi and Treasury Secretary Steven Mnuchin “continued to narrow their differences” on a coronavirus relief package, a Pelosi aide said Monday. Democrats have resisted giving up on their priorities for local governments, workers, schools and health care.“Risky assets are losing their mojo after disheartening virus updates, countless stimulus banter that will not yield anything until after the election, and as central banks remain stuck in wait-and-see mode,” Edward Moya, a senior market analyst at Oanda in New York, said in a note. “The QE for life trade appears like it is not going away anytime soon, but that is not enough of reason to buy stocks now.”Meanwhile, global coronavirus cases exceeded 40 million, with the pandemic showing no signs of slowing. In the U.S., surges in Wisconsin and other battleground states pose a challenge for President Donald Trump two weeks before he stands for re-election.Elsewhere, oil extended losses after an OPEC+ meeting made no mention of any changes to a plan to further ease output cuts from January.Here are some key events this week:Brexit trade talks are likely to continue at least into next week if the U.K. and EU fail to reach an agreement.The final presidential debate before the U.S. election, between President Donald Trump and former Vice President Joe Biden, will be live from Nashville, Tennessee on Thursday.These are some of the main moves in markets:StocksS&P 500 futures rose 0.3% as of 11:36 a.m. in Tokyo. The S&P 500 Index slipped 1.6%.Topix index fell 0.4%.Australia’s S&P/ASX 200 Index fell 0.4%.South Korea’s Kospi index was little changed.Hong Kong’s Hang Seng Index fluctuated. Shanghai Composite Index fell 0.4%.Euro Stoxx 50 futures fell 0.6%.CurrenciesThe yen was at 105.55 per dollar, down 0.1%.The Bloomberg Dollar Spot Index was little changed.The euro traded at $1.1768.The onshore yuan was at 6.6804 per dollar.The Aussie fell 0.4% to 70.45 U.S. cents.BondsThe yield on 10-year Treasuries held below 0.77%.Australia’s 10-year bond yield was at 0.75%.CommoditiesWest Texas Intermediate crude fell 0.9% to $40.48 a barrel.Gold slid 0.2% to $1,899.96 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
"On balance, I am comfortable with our current policy stance," Bostic said in remarks prepared for a virtual event organized for the Securities Industry and Financial Markets Association Annual Meeting. "As I have detailed today, though the U.S. economy continues to show clear signs of recovery, there remain significant portions where the recovery has been weak or nonexistent." The Fed moved quickly to support the economy in March by slashing rates to zero and launching emergency lending programs to support market functioning.
(Bloomberg) -- Oil slid toward $40 a barrel in New York with OPEC+ warning of a precarious outlook for the market as a resurgent virus hits consumption.Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman called on the group to be proactive in the face of uncertain demand as an OPEC+ committee gathered to assess the state of the market. While the panel didn’t discuss if they should press on with plans to taper output cuts, they can change course if needed. Meanwhile, a deal on more U.S. stimulus remained elusive as time draws short to reach an agreement on a bill that could pass by the election.OPEC+ is set to add almost 2 million barrels a day to the market from January if it doesn’t change course, with a larger ministerial meeting that will decide the direction on output cuts scheduled for Nov. 30-Dec. 1. While demand from China is robust, oil is struggling to push past $41 a barrel as rising coronavirus cases and expanding Libyan supply keep prices in check.“OPEC+ may delay adding supply by three months to April 2021 given the weakening of demand right now,” said Howie Lee, an economist at Oversea Chinese Banking Corp. in Singapore. With the committee meeting over, the main catalyst to set oil’s direction in the short term is whether an agreement on U.S. stimulus can be ironed out, he added.Brent’s prompt timespread was 40 cents a barrel in contango, compared with 51 cents at the start of the month. The narrowing spread signals that concerns about over-supply have eased.While the demand recovery has slowed due to the outbreak, it hasn’t stopped altogether, Russian Energy Minister Alexander Novak said in his opening remarks to the Joint Ministerial Monitoring Committee on Monday. Novak’s comments are the best indicator that OPEC+ is likely to delay plans to taper output cuts, according to UBS Group AG.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Wasps, who thrashed Bristol 47-24 in the semi-final earlier this month, have recorded 11 COVID-19 positives in two rounds of testing since last week and their participation in Saturday's final against Exeter Chiefs is in doubt. "We absolutely believe that Wasps and Exeter should be contesting this final and thoroughly deserve to," Lam said in a statement https://www.bristolbearsrugby.com/news/statement-gallagher-premiership-final.
BMW <BMWG.DE> on Monday said rebounding markets helped the German carmaker to deliver higher-than-expected free cash flow in the automotive segment during the third quarter. Free cash flow amounted to 3.07 billon euros ($3.61 billion) in the third quarter, up from 714 million euros ($840.16 million) in the year-earlier period, the carmaker said late on Monday. "This was due in particular to a faster recovery in several markets, which led to higher sales growth," BMW said in a preliminary earnings release which was published ahead of the company's scheduled quarterly earnings on Nov. 4.
The Intercept founding editor Glenn Greenwald shares his thoughts on 'Tucker Carlson Tonight'
The America's Cup just got "real" for the Italian challengers hoping to face holders Team New Zealand next year as Luna Rossa launched their second-generation AC75 yacht in Auckland on Tuesday. The launch came just days after American Magic and British challenger INEOS Team UK started trials with their second-generation boats, with the Americans narrowly avoiding a spectacular capsize. Team New Zealand are due to launch their second-generation foiling monohull in early November.
HAL earnings call for the period ending September 30, 2020.
The sisters are including free face masks with every piece
Seoul Semiconductor’s SunLike Series Natural Spectrum LEDs Selected for European Kindergarten Lighting to Support Children’s Learning and Eye Health
Impossible Foods' faux beef burgers will be sold in grocery stores in Hong Kong and Singapore starting Tuesday, the company said as it vies to bolster its presence in Asia and before entering the potentially lucrative mainland China market. Its key ingredient, heme, made from genetically modified yeast, requires approval in China. "We are optimistic it could happen in the next year or even in the next several months," chief executive Pat Brown told an online news conference.
If you want to know who really controls Musgrave Minerals Limited (ASX:MGV), then you'll have to look at the makeup of...