15 July

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J&J recalls Aveeno, Neutrogena sunscreens after carcinogen found in some sprays By Reuters

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(Reuters) - Johnson & Johnson (NYSE:JNJ) said on Wednesday it is voluntarily recalling all lots of five Neutrogena and Aveeno brand aerosol sunscreen products from the market after detecting a cancer-causing chemical in some samples. After internal testing identified low levels of benzene in some samples, J&J said it has decided to recall these products from the market. Benzene is classified as a human carcinogen, a substance that could potentially cause cancer depending on the level and extent of exposure. "While benzene is not an  ingredient in  any of our  sunscreen products, it was detected in...

15 July

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Netflix hires former Facebook exec as gaming VP to focus beyond films, shows By Reuters

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(Corrects to remove extraneous letter in the first paragraph) (Reuters) -Netflix Inc said on Wednesday it has hired a former Facebook (NASDAQ:FB) executive to lead its video games unit as the company ramps up its efforts to grow beyond its traditional streaming business. The streaming giant hired Mike Verdu, who was most recently a Facebook vice president, as VP of game development and he will report to Chief Operating Officer Greg Peters. Verdu founded his own defense software company at age 20 and sold it before shifting his team into video games in 1990. He has...

15 July

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Rising inflation risks might hasten BoE towards action -Ramsden By Reuters

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By William Schomberg and Kate Holton LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden said the BoE might start to think about reversing its huge monetary stimulus sooner than he previously expected due to growing inflation pressures as Britain's economy bounces back from its COVID slump. In a speech that suggested growing concerns at the top of the central bank about price pressures, Ramsden said British inflation might rise as high as 4% "for a period later this year" - double the BoE's target - and the factors driving it up might take some time...

15 July

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Fed’s Powell keeps to script on jobs recovery, feels heat on inflation front By Reuters

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By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday pledged "powerful support" to complete the U.S. economic recovery from the coronavirus pandemic, but faced sharp questions from Republican lawmakers concerned about recent spikes in inflation. In testimony to the U.S. House of Representatives Financial Services Committee, Powell said he is confident recent price hikes are associated with the country's post-pandemic reopening and will fade, and that the Fed should stay focused on getting as many people back to work as possible. Any move to reduce support for the economy, by...

15 July

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From Anthrax to Grasshopper Plague, Heat in the West Takes Toll By Bloomberg

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(Bloomberg) -- Swarms of hungry grasshoppers are leaving little food behind for grazing cattle, shellfish are baking in coastal waters, baby birds are falling from trees and dormant anthrax is reawakening to threaten sheep. Such calamities are the result of a record heat wave and bone-dry conditions that gripped western North America in the past month, threatening animals and undermining the livelihood of farmers. What’s happening in parts of the U.S. and Canada shows the damage climate change is wreaking on agriculture. In Montana and Manitoba, hot and dry conditions have become such a boon...

14 July

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EU lawmaker gets backing for tougher EU tech rules By Reuters

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By Foo Yun Chee BRUSSELS (Reuters) - A key EU lawmaker at the European Parliament steering the debate on tough new rules aimed at Facebook (NASDAQ:FB), Google (NASDAQ:GOOGL) and other large online platforms, secured backing to beef up Europeans' fundamental rights in the draft rules. Proposed by the European Commission in December last year, the Digital Services Act (DSA) forces the tech giants to do more to tackle illegal content such as hate speech and child sexual abuse material on their platforms. However, Greens lawmaker Patrick Breyer, who is responsible for shepherding the DSA through Parliament...

14 July

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Bezos’ Blue Origin to make history with unpiloted civilian space flight By Reuters

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By Eric M. Johnson SEATTLE (Reuters) - Jeff Bezos may have been beaten to space by rival Richard Branson, but the billionaire American businessman is poised to make history next week aboard what would be the world's first unpiloted suborbital flight with an all-civilian crew. Bezos, the former CEO of Amazon.com Inc (NASDAQ:AMZN), is due to be part of a four-person crew for a planned 11-minute ride to the edge of space on Tuesday inside his company Blue Origin's New Shepard spacecraft, another milestone in the nascent and potentially lucrative space tourism sector. He is set...

14 July

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Canada shares lower at close of trade; S&P/TSX Composite down 0.58% By Investing.com

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Healthcare, Energy and IT sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.58%. The biggest gainers of the session on the S&P/TSX Composite were TFI International Inc (TSX:TFII), which rose 7.78% or 8.85 points to trade at 122.64 at the close. OceanaGold Corporation (TSX:OGC) added 6.83% or 0.155 points to end at 2.425 and Wesdome Gold Mines Ltd. (TSX:WDO) was up 5.15% or 0.63 points to 12.87 in late trade. Biggest losers included ...

14 July

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UK reports 42,302 COVID cases, highest since Jan. 15 By Reuters

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LONDON (Reuters) - The United Kingdom reported a further 42,302 cases of COVID-19 on Wednesday, the highest daily increase since Jan. 15, and 49 deaths, official data showed. Britain's cases have been rising since late May, although death figures have remained much lower than previous waves. Wednesday's figure of 42,302 compared with the 36,660 reported on Tuesday. ...

14 July

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Croatia and Hong Kong to be added to England’s green travel list – reports By Reuters

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LONDON (Reuters) -Travellers returning to England from Croatia, Hong Kong or Taiwan will not have to quarantine as the countries are due to be moved into the so-called COVID green list for travel, newspaper reporters said on Wednesday. The government is expected to publish any changes to its travel rules later in the day and there has been speculation that Ibiza, Majorca and Menorca could be added to the Amber list. The Sun newspaper said Croatia would go on the green list. From next week, anyone who has been fully vaccinated will be...

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J&J recalls Aveeno, Neutrogena sunscreens after carcinogen found in some sprays By Reuters

Netflix hires former Facebook exec as gaming VP to focus beyond films, shows By Reuters

Rising inflation risks might hasten BoE towards action -Ramsden By Reuters

Fed’s Powell keeps to script on jobs recovery, feels heat on inflation front By Reuters

From Anthrax to Grasshopper Plague, Heat in the West Takes Toll By Bloomberg

EU lawmaker gets backing for tougher EU tech rules By Reuters

Bezos’ Blue Origin to make history with unpiloted civilian space flight By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.58% By Investing.com

UK reports 42,302 COVID cases, highest since Jan. 15 By Reuters

Croatia and Hong Kong to be added to England’s green travel list – reports By Reuters

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