In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon orange. …
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kan.-based chain said Friday that it will hold liquidation sales starting Sunday and …
Amazon jilted New York City on Valentine’s Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company’s anti-union stance. With millions of jobs and a bustling economy, New York can withstand the blow, …
Chinese President Xi Jinping met Friday with members of the U.S. trade delegation in Beijing where China and the U.S. are attempting to hammer out a trade deal. U.S. Treasury Secretary Steven Mnuchin posted on Twitter Friday that he and U.S. Trade Representative Robert Lighthizer had “productive meetings with China’s …
The Mars Opportunity Rover landed on the Red Planet’s surface in 2004 for a 90-day mission of exploration. More than 14 years later, NASA has finally closed the book on this tiny rover that wandered across Mars sending back troves of information. VOA’s Kevin Enochs reports. …
A report says Facebook and the Federal Trade Commission are negotiating a “multibillion dollar” fine for the social network’s privacy lapses. The Washington Post said Thursday that the fine would be the largest ever imposed on a tech company. Citing unnamed sources, it also said the two sides have not …
Mexico’s new government is trying to slash the cost of sending cash home for Mexican families living abroad and is hoping competition from “fintechs” (financial technology) will encourage banks and services like Western Union to reduce commissions and improve exchange rates. Deputy Finance Minister Arturo Herrera said the government did …
Google plans to invest more than $13 billion this year on new and expanded data centers and offices across the U.S. CEO Sundar Pichai announced the news in a blog post Wednesday , emphasizing the company’s growth outside its Mountain View, California, home and across the Midwest and South. “2019 …
Some taxpayers are getting a bitter surprise this year as their usual annual tax refunds have shrunk — or turned into tax bills — even though President Donald Trump loudly promised them largest tax cut “in American history.” And with tax season under way, thousands of unhappy taxpayers have been …
As a nasty diplomatic feud deepens between the two countries over the tech company, involving arrests and execution orders, it hasn’t gone unnoticed that Huawei’s bright red fan-shaped logo is plastered prominently on the set of “Hockey Night in Canada.” TV hosts regularly remind the 1.8 million weekly viewers that …
A Saudi Arabian government app that allows men in the country to monitor and control their female relatives’ travel at the click of a button should be removed from Google and Apple’s online stores, a U.S. politician and activists said on Wednesday. Human rights campaigners argued the tech giants are …
The Somali government says it will award exploration licenses to foreign oil companies later this year, despite calls from the opposition to wait until laws and regulations governing the oil sector are in place. Seismic surveys conducted by two British companies, Soma Oil & Gas and Spectrum Geo, suggest that …
A new report finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic crisis in 2008. The International Labor Organization reports the jobs being created, however, are poor quality jobs that keep most of the world’s workers mired in poverty. Slightly more than …
It’s a stretch but with Valentine’s Day just around the corner, we thought we’d talk about the heart, but with a tech twist. Each heart is different, and that can make surgery challenging. VOA’s Kevin Enochs reports on new technology that creates a 3D model of a specific patient’s heart …
Democrats pushed on Tuesday for a nationwide paid family leave system in the United States, the only developed nation that does not guarantee pay to workers taking time off to care for children or other relatives. The proposal would establish a national insurance program to provide workers with up to …
The U.S. military wants to expand its use of artificial intelligence in warfare, but says it will take care to deploy the technology in accordance with the nation’s values. The Pentagon outlined its first AI strategy in a report released Tuesday. The plan calls for accelerating the use …
The national debt has passed a new milestone, topping $22 trillion for the first time. The Treasury Department’s daily statement showed Tuesday that total outstanding public debt stands at $22.01 trillion. It stood at $19.95 trillion when President Donald Trump took office on Jan. 20, 2017. The debt figure has …
A social venture in Myanmar is boosting farm outputs with customized technologies and giving loans for seasonal migration to raise incomes in one of the world’s poorest countries. Proximity Designs, which was set up in 2004 in the country’s commercial hub Yangon, focuses on farming, on which more than two-thirds …
U.S. President Donald Trump said on Tuesday that he could let the March 1 deadline for a trade agreement with China “slide for a little while,” but that he would prefer not to and expects to meet with Chinese President Xi Jinping to close the deal at some point. Trump’s …
Russian lawmakers backed tighter internet controls on Tuesday to defend against foreign meddling in draft legislation that critics warn could disrupt Russia’s internet and be used to stifle dissent. The legislation, which some Russian media have likened to an online “iron curtain,” passed its first of three readings in the …
Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit’s CEO, Steve Huffman, told CNBC on Monday that values the privately held company at $3 billion. Half the new money came from Tencent, Asia’s most valuable tech company. …
The Iowa Democratic Party on Monday proposed the biggest changes to the state’s famed caucuses in nearly 50 years by recommending Iowans be able to participate virtually. If approved, the measure would allow people to caucus using telephones or smart devices during the days leading up to the Feb. …
A union declared total victory in a mass strike by about 25,000 workers at 48 assembly plants in a Mexican border city, but the movement spawned a storm of wildcat walkouts Monday at other businesses. The Industrial Workers and Laborers’ Union won 20 percent wage increases at all 48 …
Vale SA, the world’s largest iron ore miner, knew last year that the dam in Brazil that collapsed in January and killed at least 165 people had a heightened risk of rupturing, according to an internal document seen by Reuters on Monday. The report, dated Oct. 3, 2018, shows that …
U.S. Secretary of State Mike Pompeo is warning Hungary the presence of Chinese telecommunication manufacturer Huawei in the European country is complicating Budapest’s partnership with Washington. The chief American diplomat Monday arrived in Budapest on Monday, the first leg of his European trip. Huawei has established Hungary as a European …
A much-hyped network upgrade called “5G” means different things to different people. To industry proponents, it’s the next huge innovation in wireless internet. To the U.S. government, it’s the backbone technology of a future that America will wrestle with China to control. To many average people, it’s simply a mystery. …