Markets
Ed-tech start-up Unacademy raises $150 million, joins elite unicorn club
The round will also see participation of Unacademy's existing backers like Sequoia Capital India, Blume Ventures , General Atlantic and Nexus Venture Partners besides Facebook . "Learning from the best experts to achieve a life goal has mostly been a privilege, available only to those living in the top few cities of the country". [Full Article...]
Third Cattle Ship Crewmember Is Rescued
The two found alive are among the 39 crew listed as being from the Philippines . In this photo released by the 10th Regional Japan Coast Guard Headquarters, a Filipino crewmember of a Panamanian cargo ship is rescued by Japanese Coast Guard members in the waters off the Amami Oshima, Japan Wednesday, Sept. [Full Article...]
Splashy return planned for the Jeep Grand Wagoneer
The Wrangler 4xe also can be specified with an OEM-developed Jeep Performance Parts (JPP) two-inch lift kit that is specifically developed for the Wrangler 4xe's PHEV application; an industry-first, says Jeep. The second-row seat has been redesigned for the seat cushion to be flipped forward to grant access to the battery pack beneath. This battery pack is located within an aluminium housing... [Full Article...]
Market stages a strong comeback, but ends day, week down
Stocks fell after the Labor Department said on Friday that USA hiring slowed to 1.4 million last month, the fewest jobs since the pandemic began, even as the nation's unemployment rate improved to 8.4 percent from 10.2 percent. Hopes also remain that Congress and the White House will come up with another economic relief package. The stock market has rallied this spring and summer after plunging ... [Full Article...]
Economy added 246,000 jobs in August, unemployment rate 10.2%
About 56 percent, or 4,404 claims, made last week were due to the COVID-19 pandemic, the Alabama Department of Labor said . "We are still moving in the right direction and the pace of the jobs recovery seems to have picked up, but it still looks like it will take a while - and likely a vaccine - before we get back close to where we were at the beginning of this year", said Tony Bedikian, head... [Full Article...]
MacKenzie Scott has become the world's richest woman
The author, philanthropist and ex-wife of world's richest man Jeff Bezos has surpassed L'Oréal heiress Francoise Bettencourt Meyers US$66.8 billion to take the title, according to Bloomberg's latest billionaire index. MacKenzie Scott picture with her ex-husband Jeff Bezos in 2019. The Federal Reserve estimated that USA net household worth fell by a record 5.6 per cent in the first three m... [Full Article...]
Travel latest: Quarantine 'confusion' in the United Kingdom following split on Portugal restrictions
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Meanwhile Mike, from Ruthin, who is also on holiday in the Algarve in Portugal , said adding a quarantine for the whole mainland was unnecessary when most of the cases concentrated in other areas. England and Northern Ireland will not. It means tourists can travel to England and Northern Ireland from Greece and Portugal without restrictions. [Full Article...]
Economy added 246,000 jobs in August, unemployment rate 10.2% — NewsAlert
The drop in initial claims to a five-month low reported by the Labor Department on Thursday largely reflected a change in the methodology it used to address seasonal fluctuations in the data, which economists complained had become less reliable because of the economic shock caused by the coronavirus crisis. [Full Article...]