The Australian government is considering new laws that would standardise regulation across the digital payments industry and likely encompass the payment services of Apple, Google, and Chinese tech giant WeChat. Treasurer Josh Frydenberg is considering recommendations from a recently published report—Payments System Review—that considered whether the old regulatory architecture for digital payments set up in…
Australia Considers Regulation of Apple, Google, WeChat Digital Payment Services
August 31, 2021
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China’s Meituan Reports 3rd Quarterly Loss, Warns on Antitrust Fines
BEIJING—Chinese food delivery giant Meituan warned it could be required to pay “a significant amount” of antitrust fines and posted a third consecutive quarterly loss on Monday as it continued to invest in expanding its various businesses. Meituan, China’s eighth largest company by market value, has faced regulatory heat as authorities crack down on the…
Masters Cruises to Paralympic Gold in Hand-Cycle Time Trial
A thought recently struck Paralympic gold medalist Oksana Masters: What would young Oksana, the one who shuffled between Ukrainian orphanages, think of this grown-up version? Young Oksana was always resilient, determined and headstrong—qualities that helped her persevere through years in an orphanage and with birth defects believed to be from the aftermath of Chernobyl, the…
Osaka Kicks Off US Open Title Defense With Straight Sets Win
NEW YORK—Naomi Osaka overcame a slow start to beat Czech Marie Bouzkova 6–4 6–1 and get her U.S. Open title defense under way in front of a roaring capacity crowd at Flushing Meadows, New York, on Monday. Unseeded Bouzkova held her own through much of the first set but failed to convert on four break…
Christian Soccer Players Sue Western Michigan University Over Vaccine Mandate
August 31, 2021
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Four Christian female soccer players are suing Western Michigan University for rejecting their claims of religious exemption to the school’s mandate that all student athletes be vaccinated by Aug. 31. The university’s stated policy is, if the women do not get vaccinated by the set date, they would be kicked off the soccer team. The…
PNC to Raise Base Wages to $18 an Hour, Latest Bank to Do So
NEW YORK—PNC Bank is the latest large U.S. financial services company to increase wages in a bid to keep and attract employees, raising its minimum wage to $18 an hour while also giving higher-paid workers a bump in pay. The bank said Monday that the wage increase will apply to both PNC employees as well…
Explosion at Colombian Police Station Leaves 13 Injured
BOGOTA, Colombia—At least 13 people were injured following an explosion at a police station near Colombia’s border with Venezuela, officials in the city of Cucuta said on Monday. Police said the explosion was caused by an “improvised explosive device” that was left at the station, which is located in one of Cucuta’s lower income neighborhoods….
San Diego County Board of Supervisors to Declare COVID “Misinformation” a Public Health Crisis
The San Diego County Board of Supervisors is set to vote on a resolution Aug. 31 that will seek to declare COVID-19 “misinformation” a public health crisis and create methods to combat it. The resolution, which is expected to pass in the Democratic-led board, was introduced by Chairman Nathan Fletcher in response to a slowing-down…
Discovery of 7,000-Year-Old Remains Unravels Some Mysteries to Unknown Group of Humans
August 30, 2021
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The ancient remains of a hunter-gatherer girl who died over 7,000 years ago in Indonesia, has revealed clues to a mysterious group of humans from the past. The discovery, made in 2015, in the Leang Panninge cave on Indonesia’s Sulawesi Island is the first discovery of ancient human DNA in the region, known as Wallacea….
Rescuers Save Hundreds Across Louisiana Trapped Amid Devastation of Hurricane Ida
Hundreds of Louisianans trapped by Hurricane Ida’s floodwaters were brought to safety on Monday as boats, helicopters, and high-water trucks worked as part of rescue efforts after the furious storm ravaged the coast and left more than one million homes without power. Residents retreated to their roofs or attics after a rare flash flood emergency…
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