Shares of Tesla rose nearly 1 percent on Friday ahead of a handover to customers of its first Model 3 sedans, the electric cars that Chief Executive Officer Elon Musk is betting will propel his company into the mass market. Tesla is counting on the Model 3 to help turn …
We know that staying active and involved with family and friends can help keep our brains healthy as we get older. A new study in Portland, Oregon, combines those activities to gauge their effectiveness in warding off dementia. Faith Lapidus reports. …
The U.S. central bank remains upbeat about the US economy, choosing to keep interest rates unchanged at historic lows after concluding its 2-day meeting Wednesday. Amid an improving job market but weak inflation, the Fed characterized US economic growth as “moderate” — far slower than what President Donald Trump promised. …
U.S. Treasury Secretary Steven Mnuchin on Wednesday urged federal lawmakers to raise the federal debt limit before they leave Washington for their August recess to avoid increased interest costs to taxpayers and market uncertainty about a potential default. Mnuchin told a Senate Appropriations subcommittee that maintaining U.S. creditworthiness was of …
President Donald Trump plans to announce Wednesday that electronics giant Foxconn will build a liquid crystal display panel plant in Wisconsin, according to an invitation to the event obtained by The Associated Press. The AP obtained the invitation from a person with knowledge of the afternoon gathering at the White …
The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security. Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials: they see it as …
Peruvian authorities have launched a major crackdown on modern slavery after a warehouse fire in Lima last month killed four workers, including two who were trapped inside a padlocked container on the roof. Officials said they had shut down six furniture factories in the capital on Monday in an operation …
Continuing its focus on curbing government regulations, a Republican-led House is seeking to overturn a rule that would let consumers band together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute. The Consumer Financial Protection Bureau finalized the rule just two weeks …
Greece successfully sold debt to private investors for the first time in three years Tuesday, taking a significant first step toward financial independence when its third international bailout ends next year. The deal came a month after eurozone finance ministers signed off on a new loan and sketched out measures …
A Ghanaian teenager wanted to develop a video search engine that could challenge the dominance of YouTube. As Faith Lapidus reports, he’s well on his way. …
A Ghanaian teenager wanted to develop a video search engine that could challenge the dominance of YouTube. As Faith Lapidus reports, he’s well on his way. …
From recycled paint to rented jeans, businesses large and small are looking at ways to cut waste, use fewer resources and help create what has been coined a “circular economy” in which raw materials and products are repeatedly reused. Unilever, Renault, Google and Nike are some of the companies starting …
More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would introduce a raft of punitive rules to protect U.S. jobs. The WTO’s global monitoring report, debated at a trade policy …
Lucy Harris thinks Britain’s decision to leave the European Union is a dream come true. Nick Hopkinson thinks it’s a nightmare. The two Britons — a “leave” supporter and a “remainer” — represent the great divide in a country that stepped into the unknown just over a year ago, when British voters …
Authorities in Madrid asked Spain’s anti-trust watchdog on Saturday to investigate whether Uber’s new low-cost airport transfer service constitutes unfair competition. The city council’s request follows the ride-hailing app’s return to the Spanish capital last year after the CNMC competition regulator called for the government to lift a ban on …
The state government in India’s capital told Philip Morris International Inc and other tobacco companies Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. The order, sent by Delhi state’s chief tobacco control officer S. K. Arora, comes …
An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata air bags, after police said he was killed when hit in the neck by shrapnel from an air bag. Police did not say the air bag in the Honda CR-V was …
The Carrier manufacturing facility in Indianapolis, Indiana, owned by United Technologies Company, was in the limelight during the 2016 presidential election when then-candidate Donald Trump criticized UTC’s announcement it was moving jobs from the facility to Mexico. While Trump’s postelection negotiations, including tax incentives, encouraged Carrier to remain in Indianapolis, …
President Donald Trump was expected to sign an executive order Friday authorizing a comprehensive review of the U.S. manufacturing sector to help ensure the security of the nation, according to White House officials. White House National Trade Council Director Peter Navarro told reporters Friday industrial supply chains will also be …
Businesses owned by U.S. President Donald Trump have filed requests for visas with the Department of Labor to hire dozens of temporary foreign workers. The news of the requests comes during the White House’s “Made in America Week,” urging American companies to hire American workers, a central theme of Trump’s …
An international energy watchdog warns that the decline in global investment in the oil sector could lead to energy shortages when prices start to rebound. The International Energy Agency says energy investments have declined 20 percent in the past three years as oil profits fell. One analyst tells VOA that …
The government of Peru’s President Pedro Pablo Kuczynski said on Thursday that it was firing its special counsel in a corruption probe of Brazilian builder Odebrecht, sparking accusations of interference. Justice Minister Marisol Perez said she dismissed special attorney Katherine Ampuero for blocking Odebrecht’s sale of its irrigation company Olmos. …
U.S. law enforcement officials say they have shut down AlphaBay, the largest online marketplace for the sale of drugs, weapons, fraudulent and stolen ID’s and other illicit products. Attorney General Jeff Sessions on Thursday described AlphaBay’s closure as “the largest dark net marketplace takedown in history.“ AlphaBay’s seizure came as …
The U.S. Treasury Department has fined ExxonMobil Corporation $2 million for violating Russia sanctions related to Ukraine, while Secretary of State Rex Tillerson was CEO of the global oil and gas conglomerate. The department’s Office of Foreign Assets Control imposed the civil penalty after concluding ExxonMobil did not voluntarily disclose …
U.S.-based payment card companies, including American Express, MasterCard and Visa, are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter. The long wait for the U.S. companies is, though, unlikely to end soon. It may take as long …
House Republicans on Tuesday unveiled a 10-year budget blueprint that would dramatically increase military spending while putting the GOP on record favoring Medicare cuts opposed by President Donald Trump. The GOP plan, authored by Budget Chairman Diane Black, R-Tenn., would also pave the way for overhauling the U.S. tax code …