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Month: June 2018

Ukraine ‘Corruption Park’ Shows Ill-Gotten Gains

06/18/2018 Ranbiz

A pop-up “Corruption Park” has opened in Ukraine to highlight the scale of the problem with interactive exhibits and displays of ill-gotten gains including a $46,000 crystal falcon. One of…

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WHO Classifies Gaming as a Mental, Addictive Disorder

06/18/2018 Ranbiz

For the first time, the World Health Organization is adding Gaming disorder to the section on Mental and Addictive Disorders in its new International Classification of Diseases. The ICD provides…

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Audi CEO Arrested in Emissions Scandal Probe

06/18/2018 Ranbiz

German authorities have arrested the chief executive of Volkswagen’s Audi division, Rupert Stadler. He was arrested Monday as part of an investigation about cars Audi sold in Europe that are…

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Food Truck Serves up Tacos to Unite Latinos And Muslims

06/17/2018 Ranbiz

Nothing brings people together more naturally and more easily than food. This was the idea behind a project called #TacoTrucksAtEveryMosque. But the food truck owners who initiated the project don’t…

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Time Machine Camera Means Never Missing the Moment

06/17/2018 RanIT

It’s happened to many of us. You fumble for your camera to record a precious moment but you’re a little too late. A delayed touch of the button, an opportunity…

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Kenya’s President Mandates Lifestyle Audit for Public Servants

06/16/2018 Ranbiz

Kenya’s President Uhuru Kenyatta has intensified his war on graft by announcing that all public servants will undergo a compulsory lifestyle audit to account for their sources of wealth. This…

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World Bank: Remittance Flows Rising After Years of Decline

06/16/2018 Ranbiz

After two consecutive years of decline, remittances, the money migrant workers send home, increased in 2017 according to figures released by the World Bank. Remittances are a significant financial contribution…

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Theranos CEO: Wunderkind to Federal Indictment

06/16/2018 RanIT

Federal prosecutors have indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also…

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Poll: Ticked at Trump, Canadians Say They’ll Avoid US Goods

06/15/2018 Ranbiz

Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President…

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US Lobsters Are a Target of China’s Threatened Tariffs

06/15/2018 Ranbiz

A set of retaliatory tariffs released by China on Friday includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood.  Chinese…

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Trump’s Tariffs: What They Are and How China Is Responding

06/15/2018 Ranbiz

President Donald Trump just imposed tariffs on hundreds of Chinese products — from X-ray tubes to incinerators. And Beijing is striking back by targeting U.S. soybeans, beef, seafood and other…

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Apple Nabs Oprah as Top Talent Flocks to Digital Entertainment

06/15/2018 RanIT

Apple Inc on Friday announced a multiyear deal with Oprah Winfrey to create original programming, a coup in the battle for A-list talent and projects in the booming digital entertainment…

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Trump OKs Plan to Impose Tariffs on Billions in Chinese Goods

06/15/2018 Ranbiz

President Donald Trump has approved a plan to impose punishing tariffs on tens of billions of dollars worth of Chinese goods as early as Friday, a move that could put…

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AT&T to Close Time Warner Deal, But Government May Appeal

06/15/2018 Ranbiz

AT&T Inc may close its $85 billion deal to buy Time Warner Inc under an agreement reached on Thursday with the U.S. government, which might still appeal a case seen…

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Supreme Court Answers Question of Foreign Law in US Courts

06/15/2018 Ranbiz

Nyet. Non. Nein. No. That’s the answer the Supreme Court gave Thursday to the question of whether federal courts in the United States must accept statements from foreign governments about…

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CES Asia Opens in Shanghai

06/14/2018 RanIT

Judging by the size of the crowd and the number of exhibitors at the fourth annual Consumer Electronics Show Asia, which opened Wednesday in Shanghai, China is well on its…

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AP Investigation: Local Fish Isn’t Always Local

06/13/2018 Ranbiz

Caterers in Washington tweeted a photo of maroon sashimi appetizers served to 700 guests attending the governor’s inaugural ball last year. They were told the tuna was from Montauk. But…

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Apple to Undercut Popular Law-Enforcement Tool for Cracking iPhones

06/13/2018 RanIT

Apple Inc said Wednesday it will change its iPhone settings to undercut the most popular means for law enforcement to break into the devices. The company told Reuters it was…

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US Central Bank Raises Interest Rates

06/13/2018 Ranbiz

Leaders of the U.S. central bank raised interest rates slightly Wednesday and signaled that rates are likely to go higher as the economy continues to strengthen. At the end of…

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Twitter Announces Changes Ahead of World Cup

06/13/2018 RanIT

Twitter announced Wednesday it would be updating its services to make it easier for users to find content about major events such as natural disasters and the FIFA World Cup…

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Volkswagen Fined Nearly $1.2 Billion in Emissions Scandal

06/13/2018 Ranbiz

German authorities fined Volkswagen nearly $1.2 billion Wednesday for its role in a diesel emissions scandal that first surfaced in the United States in 2015. Prosecutors found the German automaker…

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Trump Assails OPEC for High Oil Prices

06/13/2018 Ranbiz

U.S. President Donald Trump says oil prices are too high and blames the Organization of the Petroleum Exporting Countries. The 14 oil-producing nations in OPEC — Saudi Arabia, Iran, Iraq,…

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Ivory Coast Wants Bigger Piece of Chocolate Profits

06/13/2018 Ranbiz

For many years, Ivory Coast has been the world’s largest producer of cocoa. Most of it leaves the country in bulk and ends up in Europe, where it gets turned…

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Bourbon Tariffs a Blow to Bourgeoning Craft Booze Businesses

06/13/2018 Ranbiz

As the trade dispute escalates between the United States and its global trading partners, American bourbon whiskey is among the U.S. exports in the crosshairs. It will soon be subject…

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Bourbon Tariffs a Blow to Bourgeoning Craft Alcohol Businesses

06/13/2018 Ranbiz

Distilling spirits is in Paul Hletko’s DNA. “Prior to World War II, my grandfather’s family owned what is now a major brewery in the Czech Republic,” he told VOA. But…

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China’s ZTE Stock Prices Plummet after US Deal

06/13/2018 Ranbiz

Shares of embattled Chinese telecommunications giant ZTE plunged more than 40 percent Wednesday, its first day of trading after agreeing to pay a $1 billion fine to the United States…

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