Anglo American unit De Beers is launching a company to sell laboratory-produced diamonds for jewelry in a departure from its century-old business model of promoting natural stones. Real diamonds created over thousands of years remain the priority, but De Beers is responding to customer demand for more affordable jewelry using …
A Canadian accused of helping Russian intelligence agents break into email accounts as part of a massive 2014 data breach at Yahoo was sentenced Tuesday to five years in prison and ordered to pay a $250,000 fine. Karim Baratov, who pleaded guilty in November 2017 in San Francisco, was sentenced by U.S. District Judge …
The U.S. government on Tuesday released an alert with technical details about a series of cyberattacks it blamed on the North Korean government that stretch back to at least 2009. The warning is the latest from the Department of Homeland Security and the Federal Bureau of Investigation about hacks that …
Consumer confidence rebounded in May, but households were a bit pessimistic about their short-term income prospects even as they expected strong job growth to persist, which could restrain consumer spending. The Conference Board said on Tuesday its consumer confidence index rose 2.4 points to a reading of 128.0 this month …
France’s Interior Ministry announced plans on Tuesday to beef up its emergency alert system to the public across social media. The ministry said in a statement that from June during immediate threats of danger, such as a terror attack, the ministry’s alerts will be given priority broadcast on Twitter, Facebook …
The White House says it plans to impose 25 percent tariffs on $50 billion of Chinese goods that contain “industrially-significant technology” as trade talks between United States and China continue. The White House said Tuesday the proposed tariffs are in response to China’s practices with respect to technology transfer, intellectual …
In an effort to stem the outcry over the arrest of two black men at one of its stores, Starbucks will close 8,000 U.S. stores Tuesday afternoon for anti-bias training for its employees. On April 12, two black men went to a Philadelphia store and did not buy anything; instead, …
China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. U.S. President Donald Trump has accused China of stealing American ideas and announced a plan for a $50 …
New Zealand will slaughter more than 100,000 cows in an effort to eradicate a bacterial disease. The government and agricultural leaders announced Monday that it will spend over $600 million over the next decade to rid the country of Mycoplasma bovis, which causes udder infections, pneumonia, arthritis and other illnesses. …
The Trump administration is trying to give private companies a boost in their efforts to capitalize on space as a business venture. U.S. President Donald Trump Thursday signed a space policy directive aimed at streamlining regulations on commercial use of space. Trump signed the directive just days after Space X …
Vietnam is imitating China in its efforts to grow economically and lags its larger neighbor only by about a decade, experts say. The two communist countries, though political rivals, have built up their state-controlled economies on job creation through factory work for export. China opened that effort to foreign investment …
Space X recently launched another rocket from California carrying satellites into space – accelerating interest by more businesses and research facilities that now view space as an opportunity. At this year’s Milken Institute Global Conference, those in the space business describe why orbiting the Earth is so exciting. VOA’s Elizabeth …
New shops appear in New York City every day, but Phluid Project, which recently opened its doors on Broadway, is different. One of the first gender-fluid boutiques in the world, Phluid Project sells clothing for men, women and everyone in between. Both the clothes and the mannequins here are gender-neutral, …
Russian state gas giant Gazprom said Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies. The protocol concerned the land-based part of the transit leg of the …
Italy’s would-be coalition parties turned up the pressure on President Sergio Mattarella on Saturday to endorse their euroskeptic pick as economy minister, saying the only other option might be a new election. Mattarella has held up formation of a government, which would end more than 80 days of political deadlock, over concern about the desire …
Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account. Now, a proliferation of lenders are using the same technology to extend credit to the banked …
Italy’s prime minister-designate, Giuseppe Conte, a political novice and obscure law professor accused of padding his resume, put the finishing touches to his cabinet lineup Friday. And initial reaction from financial markets was far from approving. Italian government bond prices slumped and the country’s ailing banks saw their stock prices …
The FBI warned on Friday that foreign cybercriminals had compromised “hundreds of thousands” of home and small-office router devices around the world which direct traffic on the internet by forwarding data packets between computer networks. In a public service announcement, the FBI has discovered that the foreign cybercriminals used a …
Military veterans who were discharged for relatively minor offenses say they often can’t get jobs, and they hope a recent warning to employers by the state of Connecticut will change that. The state’s human rights commission told employers last month they could be breaking the law if they discriminate against …
Here are the highest-paid CEOs for 2017, as calculated by The Associated Press and Equilar, an executive data firm. The AP’s compensation study covered 339 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between January …
A Portland, Oregon, family has learned what happens when Amazon.com Inc’s popular voice assistant Alexa is lost in translation. Amazon on Thursday described an “unlikely … string of events” that made Alexa send an audio recording of the family to one of their contacts randomly. The episode underscored how Alexa …
As tensions are easing over a potential trade war while negotiations between the U.S. and China continue, the uncertainty about tariffs and the eventual impact on the U.S. agricultural industry is taking a toll on U.S. farmers heading to the fields to plant this year’s crops. As VOA’s Kane Farabaugh …
The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new highs and China snaps up more of it than ever before. U.S. crude production has surged to a record 10.7 million barrels a day, driven largely by growth from the Permian shale …
Brazil’s government said late Thursday that a deal had been reached with truckers to suspend a 4-day-old strike that caused fuel shortages, cut into food deliveries, backed up exports and threatened airline flights. Eliseu Padilha, chief of staff for President Michel Temer, told reporters in Brasilia that several unions that …
A jury has decided Samsung must pay Apple $539 million in damages for illegally copying some of the iPhone’s features to lure people into buying its competing products. The verdict reached Thursday is the latest twist in a legal battle that began in 2011. Apple contends Samsung wouldn’t have emerged …
When a federal jury in Alexandria, Virginia, convicted a Latvian software developer last week of running an underground clearinghouse for computer hackers, U.S. prosecutors highlighted it as an example of their commitment to combating cybercrime. “This verdict demonstrates our commitment to holding such actors accountable,” said acting U.S. Attorney Tracey …