Warren Buffett, the chairman of Berkshire Hathaway Inc., Saturday faulted Wells Fargo & Co for failing to stop employees from signing up customers for bogus accounts even after learning it…
more ...Buffett: GOP Health Care Bill a Tax Cut for the Rich
Berkshire Hathaway Inc Chairman Warren Buffett fumed Saturday that health care costs are eating away at the U.S. economy like “tapeworm” and said the Republican approach to overhaul Obamacare is…
more ...Metal Fabric Printed as One Piece
3D printing with metals is rapidly changing the way parts are being manufactured because it is now possible to create continuous complex shapes. Where once parts had to be welded…
more ...Entrepreneurs Outside US Can Attract Silicon Valley Backing
The venture fund 500 Startups has been making a splash in Southeast Asia, most recently with Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed. Binh…
more ...Nicaragua Downplays Potential Impact of US Bill on Lending
President Daniel Ortega downplayed the possible impact of a U.S. bill that would condition international lending to Nicaragua on a range of democracy and rights issues, saying it’s more of…
more ...US Older-worker Rate Highest Since 1962
More Americans age 65 and over are still punching the clock. In fact, the last time the percentage was this high was when John F. Kennedy was in the White…
more ...Robotics, Artificial Intelligence Could Transform Society, But at What Cost?
Some of the world’s wealthiest and most influential leaders came to California this week for the Milken Institute Global Conference, a wide-ranging review of issues permeating economics and politics, with…
more ...Venezuela Full of Strife With Empty Refrigerators
In Venezuela, plagued with chronic food shortages and a devastated economy, Carmen Elena Perez describes her refrigerator as merely “an ornament in my kitchen, because filling it costs me too…
more ...US Investigates Malfunctioning Nissan Automobile Brakes
The United States office that handles highway safety announced it would investigate complaints that brakes can malfunction on Nissan’s popular Murano SUV. According to documents released Friday by the National…
more ...Delta Apologizes for Kicking Family Off Flight
After yet another viral video has surfaced of people being kicked off an overbooked plane. Delta Air Lines has apologized. In a statement, the company said it was “sorry for the…
more ...Scientists, Investors Betting on Fusion
Fusion is the holy grail of energy production. And plenty of investors around the world are betting on it as the emission-free, waste-free energy of the future. There’s no real…
more ...Analyst: Trump Tax Plan Benefits Skew Toward the Wealthy
Small-business owners are applauding President Donald Trump’s plan to overhaul the tax system, saying lower taxes for everyone means more buying power for consumers and more money for businesses to…
more ...Japan, China, S. Korea Pledge to Resist Protectionism
Finance leaders of Japan, China and South Korea agreed to resist all forms of protectionism in a trilateral meeting on Friday, taking a stronger stand than G20 major economies against…
more ...Facebook Nears Ad-only Business Model as Game Revenue Falls
Facebook’s growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google…
more ...Facebook, Twitter, Google Sued Over San Bernardino Attack
Family members of San Bernardino terror attack victims sued Facebook, Google and Twitter, accusing the companies of providing platforms that help the Islamic State group spread propaganda, recruit followers and…
more ...SpaceX to Launch Internet-providing Satellites
Elon Musk’s SpaceX says it will begin launching Internet-providing satellites in 2019. The move was announced Wednesday by SpaceX vice president of satellite and government affairs, Patricia Cooper, in testimony…
more ...EU Accepts Amazon’s e-book Commitments
The European Union’s competition watchdog says it accepts commitments made by online giant Amazon to change part of its e-book contracts to avoid fines for anti-competitive behavior. Amazon has…
more ...Eurozone Economy Growing at ‘Fastest Rate in 6 Years’
A closely watched survey indicates that economic growth across the 19-country eurozone struck a 6-year high in April. Financial information company IHS Markit says Thursday that its purchasing managers’ composite…
more ...Plan to Trim Brazil’s Social Security Clears Hurdle
President Michel Temer’s proposal to reform Brazil’s costly social security system cleared a committee vote Wednesday, but the measure, deeply unpopular with voters, faces an uphill battle in the full…
more ...Apple to Create $1 Billion US Advanced Manufacturing Fund
Apple plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker’s latest effort…
more ...WhatsApp Back in Service After Global Outage
WhatsApp, a popular messaging service owned by Facebook Inc., suffered a widespread global outage Wednesday that lasted for several hours before being resolved, the company said. “Earlier today, WhatsApp users…
more ...VA Official Looks to Close About 1,100 VA Buildings
Veterans Affairs Secretary David Shulkin says his department is seeking to close perhaps more than 1,100 VA facilities nationwide as it develops plans to allow more veterans to receive medical…
more ...Don’t Click That Link: Google Docs Ruse an Example of ‘Future of Phishing’
Alphabet Inc. warned its users to beware of emails from known contacts asking them to click on a link to Google Docs after a large number of people turned to…
more ...Facebook to Hire 3,000 to Stop Violent Videos
In the wake of several Facebook videos depicting murder, suicide, rape and other violent acts, the social media giant says it is hiring 3,000 more people to review videos and…
more ...Apple Posts Surprise Dip in iPhone sales, Shares Fall
Apple Inc. reported a surprise fall in iPhone sales for its second quarter on Tuesday, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition of…
more ...British Hopes to Build Post-Brexit ‘Empire 2.0’ Hit 21st Century Reality
Britain wants to boost trade ties with Africa after it leaves the European Union — a project some have called “Empire 2.0.” British plans to build on historical links with…
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