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Month: October 2018

Global Stocks Climb Following Two Days of Sharp Losses

10/12/2018 Ranbiz

World stocks are climbing Friday after two days of sharp losses. Major U.S. stock indexes are up more than 1 percent, but they’re still on track for their biggest one-week…

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‘Winter Is Coming’: Indonesia Warns World Finance Leaders Over Trade War

10/12/2018 Ranbiz

Just in case any of the global central bankers and finance ministers gathered in Indonesia missed the message delivered repeatedly this week, the host nation said it again Friday: Everyone…

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Russia Space Agency: Astronauts Will Likely Fly in Spring

10/12/2018 RanIT

The head of Russia’s space agency said Friday that two astronauts who survived the midair failure of a Russian rocket would fly again and would provisionally travel to the International…

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US-Russian Space Crew Makes Emergency Landing After Rocket Problem

10/12/2018 RanIT

A U.S. astronaut and a Russian cosmonaut made an emergency return to earth Thursday shortly after launching on what was supposed to be a mission to the International Space Station.…

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Facebook Deletes Hundreds of Pages, Accounts for Spreading Fake News

10/12/2018 RanIT

Facebook announced Thursday that it had deleted over 800 mostly U.S.-based pages and accounts that were posting politically oriented spam and engaging in “inauthentic behavior.”  The social media giant declined…

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Musk Rejects Report on Succession at Tesla

10/11/2018 RanIT

Elon Musk replied with a tweet saying “This is incorrect” after the Financial Times reported that outgoing Twenty-First Century Fox Inc. Chief Executive James Murdoch was the lead candidate to replace him as…

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For the Next Big Thing in Tech, Look to … Africa?

10/11/2018 RanIT

From a young age, Phatwa Senene knew he wanted to be an inventor. He got his start at age 11, he said, when he attached a DC motor to a…

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For the Next Big Thing in Tech, Look to Africa?

10/11/2018 RanIT

The next big advance in technology could well come from Africa. At least, that is the hope of several new technology and innovation incubators on the continent. VOA’s Anita Powell…

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Experts: Urbanization Will Spread Housing Crisis Worldwide

10/11/2018 Ranbiz

More than half of the world’s population lives in cities, according to United Nations figures.  By the middle of this century, 68 percent of the world will be urbanized, adding 2½…

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US Companies Affected by Trump Tariffs Grapple With Uncertainty

10/11/2018 Ranbiz

The trade war between the United States and China has made for a nerve-wracking summer of uncertainty in Wisconsin, where manufacturing has long been in decline yet remains a vital…

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As Markets Swoon, Finance Chiefs Urge US, China to Cool It

10/11/2018 Ranbiz

The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling…

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Losses on Wall Street Rip Through Asian Financial Markets

10/11/2018 Ranbiz

A stock market rout that started on Wall Street rolled through Asia, driving China’s benchmark to a four-year low Thursday and knocking down indexes in Japan, Korea and Australia. The…

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Trump Calls Stock Sell-Off ‘A Correction,’ Says Federal Reserve is ‘Crazy’

10/11/2018 Ranbiz

U.S. President Donald Trump said that Wednesday’s stock market sell-off was in fact a long-awaited “correction,” and that the Federal Reserve, which has been raising U.S. interest rates, had gone…

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Reagan Back on Campaign Trail — as Hologram

10/11/2018 RanIT

A characteristic twinkle in his eye, Ronald Reagan waves to a crowd from aboard a rail car in a hologram revealed Wednesday at the late president’s namesake library in Southern…

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Bezos’ Blue Origin, Others Get $2.3 Billion in US Rocket Contracts

10/11/2018 RanIT

The U.S. Air Force on Wednesday said that it had awarded a total of $2.3 billion in contracts to develop rocket launch systems for national security missions. The awards go…

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Google’s Waze Expands Carpooling Service Throughout US

10/10/2018 RanIT

Google will begin offering its pay-to-carpool service throughout the U.S., an effort to reduce the commute-time congestion that its popular Waze navigation app is designed to avoid. The expansion announced…

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Cambodia Faces Potential Economic Collapse

10/10/2018 Ranbiz

Cambodian Prime Minister Hun Sen is facing economic pressure to reverse a recent crackdown on opposition groups and basic freedoms in his country. Cambodia faces an economic collapse from the…

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Zimbabwe’s Dingy Trains Mirror Economic Decline

10/10/2018 Ranbiz

Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once the preferred mode of transport for most Zimbabweans, the state-run…

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Robots Invade Campus to Deliver Burritos

10/10/2018 RanIT

Companies race to make self driving automobiles, but there’s another race going on to create robots that can roam through neighborhoods, to deliver food and other purchases. Michelle Quinn reports…

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US Prosecutors: China Corruption Case Grows Stronger

10/10/2018 Ranbiz

Last month, Patrick Ho, a former Hong Kong official fighting foreign bribery charges in New York, thought he had finally received a break. In a dramatic move in the high-profile…

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Ireland Boosts Budget Spending as Brexit Looms

10/09/2018 Ranbiz

Ireland’s finance minister boosted budget day spending for the second year in a row as the government warned of economic “carnage” if neighboring Britain crashes out of the European Union…

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In Boon for Farmers, Trump to Lift Restrictions on Ethanol

10/09/2018 Ranbiz

The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales…

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US Official: US Foreign Military Sales Total $55.6B, Up 33 Percent 

10/09/2018 Ranbiz

Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. administration official told Reuters on Tuesday. The…

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Trump Says Fed Is Raising Interest Rates Too Fast

10/09/2018 Ranbiz

U.S. President Donald Trump on Tuesday again criticized the Federal Reserve, telling reporters the central bank was going too fast in raising rates when inflation is minimal and government data…

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US Slaps Large Fines on Georgia Company for Discrimination

10/09/2018 Ranbiz

The Justice Department has ruled against a Georgia poultry company in a 7-year-long discrimination case. U.S. attorneys say Mar-Jac Poultry, north of Atlanta, broke federal law when it demanded noncitizens…

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‘War’ on Food Waste Can Save Money and Boost Profits, Tech Firm Says

10/09/2018 RanIT

Wasteless, an Israeli firm seeking to reduce food waste and save consumers money, won $2 million in funding Tuesday, as more businesses seek to cut food losses amid rising global…

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