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Month: July 2018

Mexico Still Preparing for US Car Tariffs, Backs WTO Reform

07/31/2018 Ranbiz

Mexico is still preparing all options to respond to possible U.S. tariffs on car imports, Deputy Economy Minister Juan Carlos Baker said on Tuesday, despite U.S.-European talks last week that…

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Robotic Hand Can Juggle Cube — With Lots of Training

07/31/2018 RanIT

How long does it take a robotic hand to learn to juggle a cube? About 100 years, give or take. That’s how much virtual computing time it took researchers at…

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Facebook Removes Accounts ‘Involved in Coordinated Inauthentic Behavior’

07/31/2018 RanIT

Efforts to influence U.S. voters ahead of the 2018 midterm elections in November appear to be well underway, though private companies and government officials are hesitant to say who, exactly,…

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Tehran: Trump Wrong to Expect Saudis to Cover Loss of Iran Oil Supply

07/31/2018 Ranbiz

Iran said on Tuesday U.S. President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by U.S. sanctions on Iran, after…

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From Homeless to Employment in Silicon Valley

07/31/2018 RanIT

As tech giants expand in San Francisco, homelessness and job displacement for locals continues to rise. Deana Mitchell explores one program, created by a formerly homeless man, that’s helping to…

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With Drones and Satellites, India Gets to Know its Slums

07/31/2018 RanIT

Satellites and drones are driving efforts by Indian states to map informal settlements in order to speed up the process of delivering services and land titles, officials said. The eastern…

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50 Years on, McDonald’s and Fast-Food Evolve Around Big Mac

07/31/2018 Ranbiz

McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating the 1968…

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Accusations Fly as US Firms Seek to Avoid Trump’s Steel Tariff

07/31/2018 Ranbiz

U.S. companies seeking to be exempted from President Donald Trump’s tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they fear it may…

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Trump Suspends Duty-free Status for Rwanda’s Apparel Exports to US

07/31/2018 Ranbiz

U.S. President Donald Trump has suspended Rwanda’s ability to ship apparel products duty-free to the United States due to a trade dispute over Rwanda’s increased tariffs on American used clothing…

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US’s Pompeo Warns Against IMF Bailout for Pakistan That Aids China

07/31/2018 Ranbiz

U.S. Secretary of State Mike Pompeo warned on Monday that any potential International Monetary Fund bailout for Pakistan’s new government should not provide funds to pay off Chinese lenders. In…

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Turkish Steel Makers Eye Exports to West Africa Amid US Tariff Setbacks

07/30/2018 Ranbiz

Turkish steel makers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their sales to the United States and…

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Iran Currency Hits New Lows Before New US Sanctions Take Effect

07/30/2018 Ranbiz

Iran’s currency hit new lows with just under a week before new U.S. economic sanctions are due to take effect on August 4, despite the appointment of a new central…

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Pompeo to Announce US Economic Initiatives in ‘Indo-Pacific’

07/30/2018 Ranbiz

Building on President Donald Trump’s “Indo-Pacific” strategy,   U.S. Secretary of State Mike Pompeo will announce a series of investment initiatives in Asia on Monday focusing on digital economy, energy and…

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NASA Marks 60 Years Since Legal Inception

07/30/2018 RanIT

America’s dream of space exploration took its first official step 60 years ago Sunday when President Dwight Eisenhower signed a law authorizing the formation of NASA – the National Aeronautics…

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White House Economic Adviser Sees Sustainable US Growth

07/29/2018 Ranbiz

White House economic adviser Larry Kudlow said Sunday he believes the 4.1 percent growth the U.S. recorded in the last three months is sustainable in the coming months despite skepticism…

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G-20 Ag Ministers Slam Protectionism, Pledge WTO Reforms

07/28/2018 Ranbiz

Agriculture ministers from the G-20 countries criticized protectionism in a joint statement Saturday and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the…

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UK Lawmakers Urge Tougher Facebook Rules

07/28/2018 RanIT

The U.K. government should increase oversight of social media like Facebook and election campaigns to protect democracy in the digital age, a parliamentary committee has recommended in a scathing report…

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AP Fact Check: Trump Falsely Claims Historic Turnaround

07/28/2018 Ranbiz

President Donald Trump falsely claimed he’s pulled off “an economic turnaround of historic proportions.” Speaking at the White House Friday after the government reported that the economy grew at an…

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New Speed Record at SpaceX Pod Competition

07/28/2018 RanIT

A sleek futuristic train that travels through a special tunnel and covers the distance between Los Angeles and San Francisco in 30 minutes. This was the dream of Elon Musk,…

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Trump Says Economy Numbers Sustainable, But Experts Doubtful

07/28/2018 Ranbiz

Friday’s positive numbers on the U.S. economic growth are “very, very sustainable,” according to U.S. President Donald Trump. His comments came after figures showed U.S. GDP growth hit 4.1 percent…

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Twitter Reports Drop in Active Users; Share Price Sinks

07/27/2018 RanIT

Twitter’s share price fell more than 20 percent Friday after the social media giant reported a drop in active users.  Twitter said it had 335 million monthly users in the…

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Facebook Deletes Hundreds of Posts Under German Hate-Speech Law

07/27/2018 RanIT

Facebook said it had deleted hundreds of offensive posts since a law banning online hate speech came into force in Germany at the start of the year that foresees fines…

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Factbox: Impact of US Trade Tariffs on European Companies

07/27/2018 Ranbiz

Some European companies are rethinking their strategies to cushion the impact of trade tensions between the world’s two biggest economies, the United States and China. The focus will switch back…

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The Latest: Facebook Market Value Plunges $119 Billion

07/27/2018 RanIT

The Latest on the aftermath of Facebook’s release of user growth and expectations for the company ahead (all times local): 4:50 p.m. The 19 percent loss in Facebook’s stock chopped…

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Court: Starbucks, Others Must Pay Workers for Off-Clock Work

07/27/2018 Ranbiz

Starbucks and other employers in California must pay workers for minutes they routinely spend off the clock on tasks such as locking up or setting the store alarm, the state…

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Facebook Shares Sink; Further Growth Drops Expected

07/26/2018 RanIT

Social media giant Facebook, which has weathered storms about privacy and data protection, is now looking at cooler growth following a years-long breakneck pace. Shares in Facebook plummeted 19 percent to…

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