Digital personal finance company SoFi Technologies Inc. agreed to acquire Technisys, a cloud-native, digital multi-product core banking platform. Technisys’ shareholders will receive aggregate consideration of 84 million shares of SoFi, less than 10 percent of SoFi’s fully diluted share count as of September 30, 2021. The shares have an aggregate value of $1.1 billion based on the volume-weighted…
Annual Wages Growth in Australia Reaches 2.3 Percent, Still Below Inflation
The tightening labour market in Australia has put upward pressure on wages, but is still behind the current inflation rate. Australian Bureau of Statistics (ABS) has revealed that wages grew 2.3 percent over the past year after it accelerated to 0.7 percent in the December 2021 quarter. Both public and private sector wages picked up…
S&P 500 Confirms Correction; Ukraine-Russia Crisis Keeps Investors on Edge
NEW YORK—Wall Street’s main indexes fell on Tuesday, with the S&P 500 confirming a correction, as the Ukraine-Russia crisis kept investors on edge after Russian President Vladimir Putin recognized two breakaway regions in the country and ordered troops to the area. The S&P 500 ended down more than 10 percent from its Jan. 3 closing…
Consent Education ‘Robs Children of Their Innocence’: Religious Advocates in Australia
February 23, 2022
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Australiaaustralian educationComprehensive Sexuality EducationconsentInternationalreligious organisationssex educationsexual liberationSocial IssuesUSWorld
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Religious advocates have warned about the consequences of mandating consent education in school curriculums in the wake of a nationwide movement in Australia. From 2023, all Australian schools will be required to teach consent education—which includes coercion, gendered stereotypes and power imbalances—from foundation to Year 10. On Feb. 17, Sen. Jonathon Duniam, who is representing…
Lawmakers Urge Biden to Get Congressional Authorization Before Deploying Troops to Ukraine
A bipartisan group of lawmakers urged President Joe Biden on Tuesday to seek authorization from Congress before deploying U.S. troops to Ukraine. Forty-three members of Congress penned a letter to Biden amid escalating Russia-Ukraine tensions. Fears of a Moscow-led invasion continue to grow after Russian President Vladimir Putin recognized two of Ukraine’s separatist regions as…
Woke California, US Falling Behind China on Gen IV Nukes
February 23, 2022
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CaliforniaLocal NewsNorthern CaliforniaNuclear powerOpinionRegional-Local NewsSouthern CaliforniaUSViewpoints
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Commentary California and the United States in general should be leading in developing Generation IV nuclear power reactors. Instead, it’s China. Headlined Power Magazine earlier this month, “China Starts Up First Fourth-Generation Nuclear Reactor.” The story: “The first of two units at China’s much-watched high-temperature gas-cooled modular pebble bed (HTR-PM) demonstration project was successfully connected…
Oil Settles Near 2014 High on Russia-Ukraine Escalation
Oil rose to nearly $100 a barrel on Tuesday, reaching its highest level since 2014 after Moscow ordered troops into two breakaway regions in eastern Ukraine. Benchmark Brent futures pared gains in late trading after Western governments announced sanctions aimed at stopping what they fear is the beginning of a full-scale Russian invasion. Global benchmark…
Japanese Government Ordered to Compensate 3 Victims of Forced Sterilization
A court in Japan has ordered the government to pay 27.5 million yen ($239,000) in damages to three people with disabilities over forced sterilization, after ruling the now-defunct eugenics protection law unconstitutional, local media reported. The three include a woman in her 70s with an intellectual disability, who underwent forced sterilization in 1965, and a…
Texas Skydiving Instructor Dies When Parachute Fails to Open
WALLER, Texas—A skydiving instructor was killed after his parachute failed to open during a tandem jump in the Houston area, but his student survived the ordeal, authorities said. Both were airlifted to a Houston hospital after the jump Saturday in Waller, about 40 miles (65 kilometers) northwest of Houston. The instructor later died and the…
Australia’s NT May Soon Scrap Mask Mandate, Indigenous Health Service Concerned
Northern Territory (NT) Chief Minister Michael Gunner has indicated that the Australian territory’s indoor mask mandate might not be in place much longer. Gunner told ABC Radio Darwin on Feb. 22 that he couldn’t give an exact date, but the mandate, which has been in place since New Year’s Eve, is likely to be removed…
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