U.S. President Donald Trump’s administration declined to name any major trading partner as a currency manipulator in a highly anticipated report on Friday, backing away from a key Trump campaign…
more ...In About-face, Trump Nominates New Head of Export Bank
U.S. President Donald Trump nominated former Republican lawmaker Scott Garrett as president of the Export-Import Bank of the United States on Friday, completing an about-face over an institution he had…
more ...China Trade Route Development Program Puts Diplomatic Gains Ahead of Reforms
China is rushing to complete billions of dollars in construction deals ahead of an international conference for its One Belt, One Road (OBOR) project next month. The agreements in several…
more ...Hackers Release Files Indicating NSA Monitored Global Bank Transfers
Hackers released documents and files Friday that cybersecurity experts said indicated the U.S. National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among…
more ...The iPhone of Cars? Apple Enters Self-driving Car Race
Apple is joining the fiercely competitive race to design self-driving cars, raising the possibility that a company that has already re-shaped culture with its iPhone may try to transform transportation,…
more ...Meet the Rival to the ‘Mother of All Bombs’
The so-called “Mother of All Bombs,” may be the biggest conventional weapon in the U.S. arsenal, but it’s not the biggest non-nuclear bomb in the world. That title goes to…
more ...CIA Director Defends Secrecy of Intelligence Work
CIA Director Mike Pompeo defended the need for secrecy in United States government agencies tasked with keeping the country safe. In a public discussion Thursday, he warned against celebrating individuals…
more ...Trump, Yellen May Not Be an Odd Couple After All
At first glance, U.S. President Donald Trump and Federal Reserve chair Janet Yellen may have little in common. Yellen is an academic economist and veteran of Democratic administrations who is…
more ...Tesla Set to Unveil Electric Semi-truck in September
Tesla CEO Elon Musk says the company plans to unveil an electric semi-truck in September. Musk tweeted the announcement Thursday. He offered no other details about the semi, such…
more ...Microsoft: US Foreign Intel Surveillance Requests More Than Doubled
Microsoft Corp said on Thursday it had received at least a thousand surveillance requests from the U.S. government that sought user content for foreign intelligence purposes during the first half…
more ...Facebook Cracks Down on 30,000 Fake Accounts in France
Facebook said on Thursday it is taking action against tens of thousands of fake accounts in France as the social network giant seeks to demonstrate it is doing more to…
more ...Aspiring Tech Prodigy Tries to Re-route Self-driving Cars
Austin Russell, now 22, was barely old enough to drive when he set out to create a safer navigation system for robot-controlled cars. His ambitions are about to be tested.…
more ...In Win for Boeing and GE, Trump Says He Wants to Revive Export-Import Bank
President Donald Trump plans to revive the hobbled Export-Import Bank of the United States, his office said, a victory for American manufacturers like Boeing and General Electric which have overseas…
more ...CNBC: Apple Hires Secret Team for Treating Diabetes
Apple has hired a team of biomedical engineers as part of a secret initiative, initially envisioned by late Apple co-founder Steve Jobs, to develop sensors to treat diabetes, CNBC reported…
more ...Burger King TV Ad for Whopper Triggers Google Home Devices
Fast-food chain Burger King said Wednesday that it would start televising a commercial for its signature Whopper sandwich that is designed to activate Google voice-controlled devices. The move raised questions…
more ...Bill Would Permit Use of Livestock as Loan Security in Zimbabwe
Zimbabwean entrepreneurs could soon use movable assets, including livestock and vehicles, to secure loans from banks, according to a bill brought before the country’s Parliament this week. The southern African…
more ...China Won’t Be Labeled a Currency Manipulator, Trump Says
President Donald Trump said Wednesday that his administration would not label China a currency manipulator, backing away from a campaign promise, even as he said the U.S. dollar was “getting…
more ...Russia Says It is Struggling to Source Gas Turbines for Crimea Power Plant
Russia is struggling to source gas turbines for two new power plants it is building in Crimea, Russian Energy Ministry Alexander Novak said Wednesday. European Union sanctions bar European individuals…
more ...Mexico Economy Starts Year Well Despite Trump’s Threats
The election of Donald Trump as U.S. president last year raised the specter of economic recession in Mexico, sent the country’s peso into a tailspin, and threatened local industry such…
more ...Sculptor of Wall Street’s Bull Wants ‘Fearless Girl’ Moved
The sculptor of Wall Street’s “Charging Bull” says New York City is violating his legal rights by forcing his bronze beast to face off against the “Fearless Girl.” Artist Arturo…
more ...United Airlines CEO: Forced Removal of Passengers Will Never Happen Again
United Airlines Chief Executive Officer Oscar Munoz took to the airwaves Wednesday in an attempt to quell the outrage over Sunday’s forced removal of a passenger, vowing that kind of…
more ...Wall Street Reforms May Be Replaced, Trump Tells CEOs
President Donald Trump told a group of chief executives Tuesday that his administration was revamping the Wall Street reform law known as Dodd-Frank and might eliminate the rules and replace…
more ...United’s Treatment of Passenger Sparks Social Media Storm
United Airlines saw its stock price decline by 4 percent or more after a viral video showing a passenger being dragged off a flight and injured sparked outrage in the…
more ...Report: Millions of Migrant Gulf Laborers Forced to Pay for Right to Work
South Asian migrants powering the construction boom in oil-rich Gulf countries are often illegally made to pay for their own recruitment, adding to hardships of poor working conditions and wages,…
more ...United CEO Conciliatory in Latest Comment on Passenger Incident
“No one should ever be treated this way,” reads part of a new public statement issued Tuesday by United Airlines CEO Oscar Munoz, following Sunday’s incident when a passenger was…
more ...China Southern Airlines Launches First Flight to Mexico
China Southern Airlines has flown its inaugural Guangzhou to Mexico City flight, via Vancouver, the first route operated by a domestic Chinese carrier to the Latin American nation, the Mexican…
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