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Republicans Move on Tax Reform, Draw Fed Warning

Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump’s tax plan could lead to inflation and unsustainable federal debt. In a procedural step forward, the Republican-controlled House of Representatives approved by a …

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Development of Electric-Powered Planes

As electric-powered cars are rapidly gaining popularity, the last frontier in private transportation is also opening up to alternative, eco-friendly power. Thanks to advances in battery and electric motor technology, several manufacturers are experimenting with light planes that are quiet, easy to maintain and cheap to fly. VOA’s George Putic …

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Horses to Power Helsinki Horse Show, With Droppings

Horse manure will generate electricity for an international horse show in Finland this month in a new form of alternative energy, Finnish utility Fortum said Wednesday. It said the Helsinki horse show in mid-October will be the first at which the event’s electricity needs, from scoreboards to lighting, are met …

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South Korea Now Open to Trade Pact Revisions

South Korea indicated Wednesday it was open to talks on revising a 2012 trade pact with the United States after initial differences that followed President Donald Trump’s threat to terminate the accord unless it was renegotiated. After a day of talks in Washington, South Korea’s trade ministry said in a …

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European Court Asked to Rule on Facebook Data Transfers

The European Court of Justice has been asked to consider whether Facebook’s Dublin-based subsidiary can legally transfer users’ personal data to its U.S. parent, after Ireland’s top court said Tuesday that there are “well-founded concerns” the practice violates European law. In a case brought after former U.S. defense contractor Edward …

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US Manufacturing Activity Hits 13-year High

U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter. The economic outlook was also bolstered …

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Facebook to Turn Over Russia-Linked Ads

Social media giant Facebook is expected to provide Congress on Monday with more than 3,000 ads that ran around the time of the 2016 presidential election and are linked to a Russian ad agency. Company officials will meet with the House and Senate intelligence committees and the Senate Judiciary Committee …

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