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Social Media’s Year of Falling From Grace

Silicon Valley has enjoyed years of popularity and growing markets. But 2018 has been rocky for the industry. Data breaches, controversies over offensive speech and misinformation — as well as reports of foreign operatives’ use of their services — have left many people skeptical about the benefits of social media, …

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Strong Week, Yet Horrible Month for Wall Street

Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November.    Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Stocks spent much of the day wavering between small gains and losses, ultimately …

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US Fossil Fuel Exports Spur Growth, Climate Worries

In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. They look like a hive of bees scurrying over a massive circuit board as they weld together the latest additions to the rapidly growing fleet of tankers carrying super-chilled …

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Dow Finishes Up 1.1 Percent as US Stocks Rebound

Wall Street stocks finished solidly higher Thursday following a late-afternoon surge as worries over slowing economic growth gave way to bargain-hunting. The Dow Jones Industrial Average finished at 23,138.82, an increase of 1.1 percent and up some 870 points from the low point of the session. The broad-based S&P 500 …

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Report: US Retail Holiday Sales Best in 6 Years

Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the best holiday retail season in the last six years. The Mastercard SpendingPulse report tracks retail spending across all payment types, …

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‘Tech Addicts’ Seek Solace in 12 Steps and Rehab

We like to say we’re addicted to our phones or an app or some new show on a streaming video service. But for some people, tech gets in the way of daily functioning and self-care. We’re talking flunk-your-classes, can’t-find-a-job, live-in-a-dark-hole kinds of problems, with depression, anxiety and sometimes suicidal thoughts …

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Koreas Celebrate Joint Railway

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 Korea’s inspected railways along the peninsula’s east coast. Ministry of Foreign Affairs Special Representative for Korean Peninsula Peace and Security …

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Former Nissan Executive Released from Tokyo Jail

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 granted his release after setting bail at $636,000. Kelly had been detained for 37 days after being arrested and charged …

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Zimbabwe Suspends, Refuses to Pay Striking Doctors

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. Doctors say the strong-arming will not make them call off their almost month-long strike. Zimbabwe’s Health Minister Obediah Moyo announced …

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US SpaceX First National Security Mission

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 another record-setting rocket… this one for U.S. national security. Arash Arabasadi reports. …

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