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Month: December 2018

Lobster Divers Risk Injury, Death in Honduras

12/26/2018 Ranbiz

Saul Ronaldo Atiliano was diving for lobster in the clear waters off Honduras’ Caribbean coast when he felt a pressure, a pain in his body. And he knew he’d gotten…

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Koreas Celebrate Joint Railway

12/26/2018 Ranbiz

North and South Korea held a groundbreaking ceremony Wednesday to mark the start of a joint project to connect railways throughout the divided peninsula. The event was held after both…

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Futuristic Fun House Transforms Traditional Games into High Tech Wonders

12/26/2018 RanIT

Technology is very quickly changing entertainment as we know it. While some worry that people are spending too much time on video games and not enough time with other people,…

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Interactive TV Lets Viewers Choose Plot and Story Lines

12/26/2018 RanIT

Movie and TV show endings can be a major let down, but what if you could control the storyline as it develops? Eko is an entertainment company that’s putting viewers…

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Japan Announces IWC Withdrawal, Will Resume Commercial Whaling

12/26/2018 Ranbiz

Japan is withdrawing from the International Whaling Commission and will resume commercial whaling next year, a government spokesman said Wednesday, in a move expected to spark international criticism. “We have…

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Social Media’s Year of Falling From Grace

12/26/2018 RanIT

In 2018, technology firms such as Facebook and Google faced more scrutiny and negative press over their handling of data breaches and online speech. The issue may mean new rules…

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Trump Praises Treasury Secretary Mnuchin But Hits Fed Again on Rate Rises

12/25/2018 Ranbiz

President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S.…

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Former Nissan Executive Released from Tokyo Jail

12/25/2018 Ranbiz

Former Nissan Motor Co. executive Greg Kelly was released from jail in Japan Tuesday after a Tokyo court rejected prosecutors’ request to continue to detain him. The Tokyo District Court…

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Zimbabwe Suspends, Refuses to Pay Striking Doctors

12/25/2018 Ranbiz

There is no holiday cheer for striking doctors in Zimbabwe this Christmas. The country’s health minister announced on Christmas eve that none of the strikers will receive their December salaries.…

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Japan Stocks Fall Below 20,000

12/25/2018 Ranbiz

Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000…

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Scandal-Plagued Facebook Goes on Charm Offensive in Vietnam   

12/25/2018 RanIT

Before Facebook, Vu Kim Chi thought something was lacking in her job, which is to promote the economy in and around Vietnam’s famed Ha Long Bay. Posting updates to her…

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US SpaceX First National Security Mission

12/24/2018 RanIT

SpaceX continues making news in 2018. The company first broke its own record from 2017 when it passed 18 launches in year. On Sunday, from Cape Canaveral, Florida, SpaceX launched…

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Trump Blames Fed for Market Turmoil

12/24/2018 Ranbiz

U.S. stock markets fell sharply on Monday with the S&P 500 down more than two percent and the Dow off nearly three percent. President Donald Trump is blaming the Federal…

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Euronext Has Launched an All-Cash Bid to Acquire Oslo Bors

12/24/2018 Ranbiz

The leading pan-European stock exchange has launched a 625 million euro takeover bid to acquire the Oslo Stock Exchange. Euronext, the operator of stock exchanges in Paris, Amsterdam, Brussels, Dublin…

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S. Korea Fines BMW $9.9 Million Over Faulty Engines, Delayed Recalls

12/24/2018 Ranbiz

South Korea said Monday it will fine BMW $9.9 million and will file a criminal complaint against the German automaker for delaying a recall of cars with faulty engines that…

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California Researchers Working on Tomorrow’s Battery

12/24/2018 RanIT

Batteries have been around for hundreds of years, but don’t go thinking this technology is old hat (old fashioned). Batteries are the future. A team of California Scientists with support…

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US Treasury Chief Calls Top Bank CEOs Amid Market Plunge

12/23/2018 Ranbiz

U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as…

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US Treasury Chief Convenes Calls With Top US Bankers

12/23/2018 Ranbiz

The U.S. Treasury Secretary said on Sunday he had held a series of phone conversations with top American bankers in what appeared to be a bid to ease nerves in…

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Trump Aide: White House, Central Bank Tension not Unusual

12/23/2018 Ranbiz

A White House official says tension between a president and the interest-rate setting Federal Reserve is “traditional as part of our system.” Acting chief of staff Mick Mulvaney says it should…

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China Holds Second Vice Ministerial Call with US on Trade

12/23/2018 Ranbiz

China and the United States held a vice ministerial-level call on Friday, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the…

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Transitions of Power in Africa Bring Spark Hope, Worry

12/23/2018 Ranbiz

In 2018, sitting leaders relinquished power in South Africa and Ethiopia. Zimbabwe elected a new leader after 37 years of rule by former President Robert Mugabe. Peaceful power transitions were…

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A Small Device with a Big Impact for Blind and Visually Impaired

12/23/2018 RanIT

Some 1.3 billion people live with some form of vision impairment, according to the World Health Organization. A team of innovators at an Israeli technology company has developed a small…

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Federal Shutdown Compounds Risks for US Economy 

12/23/2018 Ranbiz

Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of…

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Spacex Halts Launch of US Military Satellite due to Winds

12/22/2018 RanIT

Elon Musk’s SpaceX scrapped Saturday’s launch of a long-delayed navigation satellite for the U.S. military due to strong upper-level winds. The next launch attempt will be on Sunday at 8:51…

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Trump Reportedly Discussed Firing Fed Chairman Powell

12/22/2018 Ranbiz

U.S. President Donald Trump has reportedly discussed firing Federal Reserve Chairman Jerome Powell. The reports of Trump’s questions about whether he has the authority to fire Powell raised concern among…

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More Losses Leave US Markets With Worst Week in 7-Plus Years

12/21/2018 Ranbiz

After almost 10 years, Wall Street’s rally looks like it’s ending.  Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All…

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