Boeing Co. Signs Defense, Commercial Deals with Saudi Arabia

Boeing Co said on Sunday it had signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft during a visit by U.S. President Donald Trump to the kingdom. The announcement is the latest in tens of billions of dollars in deals signed between U.S. and Saudi firms since Trump arrived in Riyadh on Saturday. Boeing said Saudi Arabia has agreed to buy…

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EU’s Moscovici Confident Eurogroup Will Reach Deal on Greece

The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said on Sunday he was confident an agreement between Athens and its creditors could be found at a meeting of euro zone finance ministers on Monday in Brussels. Athens needs funds to repay 7.5 billion euros ($8.4 billion) of debt maturing in July. “We are very close to an overall agreement,” Moscovici told France Inter radio. “Greece has assumed its…

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Pentagon Displays Technology of the Future

Robot teammates and “snake” arms that can find a crack .005 millimeter long were just two of the U.S. military’s latest technological innovations on display at the Pentagon this week. The Defense Laboratory Enterprise showcased more than 80 exhibits on its biennial Lab Day on Thursday. The enterprise is a network of 63 defense laboratories, warfare centers and engineering centers that operate across the United States, and the event provided…

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Softbank-Saudi Tech Fund Becomes World’s Biggest With $93B of Capital

The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said Saturday that it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics. “The next stage of the Information Revolution is under way, and building the businesses that will make this possible will require unprecedented large-scale, long-term investment,” the Softbank Vision Fund said in a…

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Virtual Avatar Could Be Your Doctor

One day instead of visiting a doctor in person for health information or searching online, you could be asking for advice from a medical expert’s avatar. A new app is being developed that can be used on a smartphone to ask a virtual doctor about various medical conditions and their treatments. VOA’s Deborah Block has more on this innovative technology. …

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Job Prospects for 2017 College Grads, Best in More Than a Decade

About 3 million Americans will enter the job pool this year as graduation ceremonies get underway at various colleges and universities across the United States. With unemployment at a 10-year low, 2017 is shaping up to be a good year for new grads. But as Mil Arcega reports, success for many will depend on a desire to keep learning and a willingness to go where the jobs are. …

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Hey, Graduates: Good Jobs Exist With or Without 4-Year Degree

About three million American university graduates will enter the job market this year. And with unemployment currently at a 10-year low, it’s a good time to be graduating, says Nicole Smith, chief economist at Georgetown University’s Center on Education and the Workforce (CEW). “We are at one of the lowest unemployment rates we’ve had since May of 2007, so what that means for the graduating class of 2017 is that…

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Why Trump’s Combative Trade Stance Makes US Farmers Nervous

A sizable majority of rural Americans backed Donald Trump’s presidential bid, drawn to his calls to slash environmental rules, strengthen law enforcement and replace the federal health care law. But last month, many of them struck a sour note after White House aides signaled that Trump would deliver on another signature vow by edging toward abandoning the North American Free Trade Agreement. Farm Country suddenly went on red alert. Trump’s…

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OPEC May Extend, Deepen Cuts to Oil Output

An OPEC panel reviewing scenarios for next week’s policy-setting meeting is looking at the option of deepening and extending an OPEC-led deal to reduce oil output, OPEC sources said Friday. OPEC’s national representatives — officials representing the 13 member countries, plus officials from OPEC’s Vienna secretariat — met Wednesday and Thursday to discuss the market. The two-day meeting, called the Economic Commission Board, was scheduled to finish Thursday but will…

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