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US Adds Modest 164,000 Jobs; Unemployment Down

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy’s resilience amid the recent stock market chaos and anxieties about a possible trade war. Job growth amounted to a decent 164,000 last month, up from an upwardly revised 135,000 in …

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US Adds Modest 164,000 Jobs; Unemployment Down

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy’s resilience amid the recent stock market chaos and anxieties about a possible trade war. Job growth amounted to a decent 164,000 last month, up from an upwardly revised 135,000 in …

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Venezuela to Take Over Major Bank; 11 Execs Arrested

Venezuela said on Thursday it would take over the country’s leading private bank, Banesco, for 90 days and announced the arrest of 11 top executives for “attacks” against the country’s rapidly depreciating bolivar currency. The detentions came on the heels of last month’s shock arrests of two Venezuelan executives working in the country for U.S. oil …

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Venezuela to Take Over Major Bank; 11 Execs Arrested

Venezuela said on Thursday it would take over the country’s leading private bank, Banesco, for 90 days and announced the arrest of 11 top executives for “attacks” against the country’s rapidly depreciating bolivar currency. The detentions came on the heels of last month’s shock arrests of two Venezuelan executives working in the country for U.S. oil …

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Ex-Volkswagen Boss Indicted in Emissions Scandal

A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn with conspiracy and wire fraud in the car builder’s scheme to rig diesel emissions tests. “If you try to deceive the United States, then you will pay a heavy price,” Attorney General Jeff Sessions said Thursday. “The …

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Ex-Volkswagen Boss Indicted in Emissions Scandal

A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn with conspiracy and wire fraud in the car builder’s scheme to rig diesel emissions tests. “If you try to deceive the United States, then you will pay a heavy price,” Attorney General Jeff Sessions said Thursday. “The …

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South Korea Developing Economic Projects for North Korea

South Korea is looking into developing and financing economic projects with North Korea that could take effect if a nuclear deal is reached with the United States. South Korean Finance Minister Kim Dong-yeon said on Wednesday the government was “internally carrying out preparations” to organize, finance and implement possible inter-Korea …

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Astronomers Given Detailed Map of 1.7 Billion Stars

The European Space Agency has released an updated catalogue of more than 1.7 billion stars in our galaxy, as well as other celestial bodies, such as exoplanets, asteroids and quasars. The new data gives astronomers an unprecedented three-dimensional map for studying the origin of the universe and searching for habitable …

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Astronomers Given Detailed Map of 1.7 Billion Stars

The European Space Agency has released an updated catalogue of more than 1.7 billion stars in our galaxy, as well as other celestial bodies, such as exoplanets, asteroids and quasars. The new data gives astronomers an unprecedented three-dimensional map for studying the origin of the universe and searching for habitable …

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ESA’s Mars Rover Undergoes Testing

If everything goes according to the plan, the European Space Agency, ESA, will launch its first robotic exploration vehicle to Mars in 2020. A prototype of the advanced 6-wheeled rover is now undergoing various tests in order to prove that it will be able to withstand the extreme environmental conditions …

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