One of the most prominent people convicted in Latin America’s largest corruption scandal left prison Tuesday for house arrest after serving two-and-a-half years behind bars at a time when many Brazilians are becoming disillusioned with the graft investigation once hailed as a political game-changer. Marcelo Odebrecht’s release came a day …
A planned massive Republican tax overhaul has led Wall Street strategists to revise their 2018 corporate earnings forecasts sharply higher, but the jury is out on how long the accelerating effect on profits will last. The tax bill, which the U.S. House of Representatives approved on Tuesday, will cut the …
Facebook Inc said on Tuesday it would begin using facial recognition technology to tell people on the social network when others upload photos of them, if they agree to let the company keep a facial template on file. The company said in a statement it was making the feature optional …
Nepali migrant workers are trapped in a vicious cycle of debt and exploitation due to a failure by authorities to crack down on recruitment firms that charge illegally high fees for jobs abroad, human rights group Amnesty International said on Monday. Wages sent back by an estimated four million Nepalis …
How do you explain the abstract concepts of blockchain technology and cryptocurrencies? With adorable, digital kittens of course. CryptoKitties, an online game and marketplace featuring virtual kittens, has become an entry point for curious outsiders looking to dabble in cryptocurrencies – decentralized digital monies that rely on blockchain technology to …
The United States is publicly blaming North Korea for unleashing a cyber attack that crippled hospitals, banks and other companies across the globe earlier this year. In an op-ed piece posted on the Wall Street Journal website Monday night, Homeland Security Adviser Tom Bossert said that North Korea was “directly …
A Supreme Court justice on Monday approved an agreement to compensate bank depositors for losses caused by government policies several decades ago, settling more than a million legal disputes that have hung over Brazil’s banking system since the 1980s. Depositors who lost their savings due to economic programs applied in …
Facebook announced Monday that it removed nearly 3 million posts, including videos, ads and other forms of content, from its services during the first half of 2017 following complaints of counterfeiting and copyright and trademark infringement. The worldwide data on intellectual property-related takedowns is a new disclosure for Facebook as …
The Federal Aviation Administration said Monday it will bar drone flights over seven major U.S. nuclear sites, including Los Alamos National Laboratory in New Mexico. The move is the latest in a series of growing restrictions on unmanned aerial vehicles over U.S. sites that have national security implications. The new …
It’s all fun and games until a family gets behind the wheel. That’s the whole idea behind Volvo’s Drive Me project. Automated vehicles are now being test driven by families as part of a multi-stage experiment that’s taking place in Norway. VOA’s Steve Redisch reports. …
A boom in production of Apple iPhones is helping lift the economy of Taiwan, an industrial center that still relies on high-tech manufacturing contracts despite increasing competition from offshore. Apple’s phone sales in the third quarter this year grew 5.7 percent over the same period of 2016, ahead of a …
Another security based on the price of bitcoin, the digital currency that has soared in value and volatility this year, began trading on the Chicago Mercantile Exchange on Sunday. The CME Group, which owns the exchange, opened up bitcoin futures for trading at 6 p.m. EST on Sunday. The futures …
Vietnam is set to auction up to a $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake. The keenly anticipated sale of the state-owned maker of Bia Saigon gained momentum in recent months after being …
U.S. President Donald Trump continued to tout the Republican tax bill Saturday, saying “everybody’s going to benefit” if it is signed into law. “But I think the greatest benefit is going to be for jobs and for the middle class, middle income,” Trump said to reporters on the White House …
With people coming from around the world to work in Silicon Valley, some struggle with the best ways to care for their aging parents. Increasingly, the solution is an “affinity” retirement community, where older people from places like India and China can live near — but not with — their …
Young people come from around the world to work in Silicon Valley, California. As these workers build a life away from home, many struggle with how to bring their aging parents to their new community. But what happens to foreign parents entering their later years in a new country? VOA’s …
British Finance Minister Philip Hammond said Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal. The European Union agreed Friday to move Brexit talks onto trade and a transition …
After weeks of quarrels and qualms and then 11th-hour horse-trading, Republicans revealed their huge national tax rewrite late Friday, along with announcements of support that all but guarantee approval next week. The legislation would slash tax rates for big business and lower levies on the richest Americans in a massive $1.5 …
With nearly 2 billion users, Facebook’s survival depends on people continuing to use its service. That’s why observers were surprised by an unusual company blog post Friday that highlighted some of the potential harm of using the social media service. Titled Hard Questions: Is Spending Time on Social Media Bad for …
Two titans of U.S. business have come together to demand that Congress find an immediate solution for DACA recipients, whose legal immigration status will come to an end in March without intervention. Charles Koch, chairman and chief executive of Koch Industries, and Tim Cook, chief executive of Apple, wrote in …
U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that’s exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. The U.S. Attorney’s Office for Utah cites the digital currency’s volatility in court documents pressing for the sale. …
The German government says it backs an “open and free internet” following the U.S. decision to repeal net neutrality rules. A spokeswoman for the Economy Ministry said Friday that Germany had “taken note” of the U.S. move but declined to comment directly on it. However, spokeswoman Beate Baron said the …
Charged particles from the sun are responsible for the brilliant auroras at the earth’s poles. But there can be cases of too much of a good thing. When huge solar storms push massive waves of energized particles into Earth’s path, they can wreak havoc on our satellites and electric grid. …
U.S. President Donald Trump has touted progress on slashing federal regulations, which he says cost America trillions with no benefit. Speaking Thursday from the White House, the president said his administration had exceeded its goal of removing two federal regulations for every new one, by removing 22 for every new …
“Net neutrality” regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, have been repealed. On Thursday, the Federal Communications Commission voted to dismantle Obama-era rules that have been in place since 2015, but will forbid states to put …
The U.S. Federal Communications Commission (FCC) on Thursday dismantled two-year-old “net neutrality” rules that guaranteed equal access to the internet in favor of policies that will reduce regulation of major internet service providers and hand them sweeping powers to decide what web content consumers can access. The FCC voted 3-2 …