French President Emmanuel Macron’s economic policy is viewed as favoring the rich and must change to address inequalities, according to a memo written by three economists who worked on his…
more ...Australian Bank Hit With $530 Million Fine for Money-Laundering
Australia’s Commonwealth Bank has agreed to pay a $530 million fine for breaching anti-money laundering and counterterrorism financing laws. The scandal relates to more than 53,000 suspect transactions that the…
more ...Pope Francis: Providing Clean Energy Is ‘A Challenge of Epochal Proportions’
Pope Francis has told the world’s oil executives that a transition to less-polluting energy sources “is a challenge of epochal proportions.” On the last day of a two-day conference Saturday,…
more ...‘Who Dares Go Out Shopping?’ Afghans Buy Online to Avoid Bombs
Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks and sexual harassment, with dozens of startups doing a brisk trade where…
more ...Peace? Sure, But Singaporeans Hope for Summit Tourism Bump
From summit-themed burgers and online scalpers peddling “World Peace” medallions and “Peace Out from Lion City” T-shirts, Singaporeans are cashing in on a historic meeting between U.S. President Donald Trump…
more ...Award-winning Smart Drones to Take on Illegal Fishing
Drones guided by artificial intelligence to catch boats netting fish where they shouldn’t were among the winners of a marine protection award on Friday and could soon be deployed to…
more ...French Emergency Room Tests Virtual Reality Path to Pain Relief
The very thought of visiting a hospital emergency department is stressful enough for many people, even without the discomfort or pain of an examination or treatment. Enter an immersive virtual-reality…
more ...G-7 Leaders Try to Bridge Wide Trade Gap With Trump
Emotions were on display when U.S. President Donald Trump met other G-7 leaders at their annual summit in Canada on Friday, but the discussions were civilized and diplomatic, according to…
more ...Senate Unveils Farm Bill, Leaves Food Stamps Alone
The Senate Agriculture Committee on Friday released a bipartisan farm bill that makes mostly modest adjustments to existing programs and, unlike the House version of the bill, doesn’t pick a…
more ...Sheryl Sandberg Uses Facebook’s Woes as Lesson for MIT Grads
Facebook executive Sheryl Sandberg didn’t shy away from her company’s ongoing privacy scandal in a Friday commencement speech at the Massachusetts Institute of Technology. Instead, she turned it into a…
more ...US Company Says It Didn’t Know if Workers Used Fake Papers
An Ohio gardening company where immigration agents arrested 114 workers this week in one of the largest workplace raids in the U.S. in recent years says it doesn’t know if…
more ...Report: Chinese Hackers Breach US Navy Computers
Chinese government hackers breached the computer system of a Navy contractor and stole large amounts of sensitive data, The Washington Post reports. The Post said the hacking took place in…
more ...Kia Recalls Over 500K Vehicles; Air Bags May Not Inflate
Kia is recalling over a half-million vehicles in the U.S. because the air bags may not work in a crash. Combined with a previous recall expansion by Hyundai, the affiliated…
more ...Family-Run Prada Grooming Son to Take Over in Future
CEO Patrizio Bertelli said Friday the family-owned Italian fashion group has no intention of selling and that his elder son with co-CEO and creative director Miuccia Prada is being groomed…
more ...North Korea Uses US Tech for ‘Destructive Cyber Operations’
North Korea’s senior leadership has been exploiting loopholes in international sanctions to obtain the U.S. technology that Pyongyang uses to conduct “destructive cyber operations,” according to a global cyberthreat intelligence…
more ...Fog Catchers Conjure Water Out of Moroccan Mist
Growing up on Mount Boutmezguida in southwest Morocco on the edge of the Sahara desert, Khadija Ghouate never imagined that the fog enveloping the nearby peaks would change her life.…
more ...Ukraine Approves Anti-Corruption Court, Fires Finance Minister
Ukraine’s parliament has voted to establish an anti-corruption court in an effort to meet the criteria to receive $17.5 billion from the International Monetary Fund. Before the IMF releases…
more ...Construction Planned to Prepare Alaska’s Arctic Refuge for Oil Drilling
The Trump administration said Thursday it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation’s biggest wildlife park.…
more ...Facebook Says Privacy-setting Bug Affected as Many as 14M
Facebook said a software bug led some users to post publicly by default regardless of their previous settings. The bug affected as many as 14 million users over several days…
more ...Argentina Clinches $50B IMF Financing Deal to Speed Up Cuts
Argentina and the International Monetary Fund said Thursday that they had reached an agreement for a three-year, $50 billion standby lending arrangement, which the government said it sought to provide a…
more ...Elderly Kenyan Women Weave Their Way to More Sustainable Future
Sheltered by a tarpaulin from the blazing sun, a group of Kenyan women weave handfuls of dried reeds, their practiced hands turning them into exquisite baskets, mats and hats that…
more ...Scientists Say Cost of Sucking Carbon from Thin Air Could Tumble
High costs of extracting greenhouse gases from thin air could tumble with new technologies that can help to combat climate change, scientists said on Thursday. Carbon Engineering, a Canadian-based clean…
more ...Peru President Swears In Fifth Finance Minister in Past Year
Peruvian President Martin Vizcarra on Thursday swore in the country’s fifth finance minister in the past year, tasking him with deciding whether to keep higher excise taxes on diesel and…
more ...Google Says No to Doing AI Weapons Work
Google won’t do artificial intelligence work for weapons, the company said Thursday. The company will not work on “technologies that cause or are likely to cause overall harm,” wrote…
more ...Trump’s Solar Tariff Costs US Companies Billions
President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with…
more ...Blockchain Advances Could Revolutionize Daily Life
As the internet continues to revolutionize communications, the next world-changing technology may already be here. Blockchain, a way of recording data and automatically storing it on computers around the world,…
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