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US Fed Chief Backs Gradual Rise in Rates

Despite concerns about low inflation in the United States, the head of the U.S. central bank says raising interest rates gradually would be the most appropriate policy stance for the Federal Reserve. “It would be imprudent to keep monetary policy on hold until inflation is back to two percent,” Fed Chair …

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US Fed Chief Backs Gradual Rise in Rates

Despite concerns about low inflation in the United States, the head of the U.S. central bank says raising interest rates gradually would be the most appropriate policy stance for the Federal Reserve. “It would be imprudent to keep monetary policy on hold until inflation is back to two percent,” Fed Chair …

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Brazil to Reinstate Protection for Amazon Reserve

Brazil will reinstate a mining ban in a vast area of the Amazon rainforest, the government announced on Monday, in an about-face that is a victory for environmentalists who feared deforestation. The Mines and Energy Ministry said in a statement that President Michel Temer’s administration had decided to revoke an …

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Uber Boss Apologizes for ‘Mistakes’ in London

Uber’s chief executive apologized for “mistakes we have made,” but says he still plans to appeal London’s decision to revoke the ride-hailing app’s license to operate in the city. “While Uber had revolutionized the way people move in cities around the world, it is equally true that we have got …

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Uber Boss Apologizes for ‘Mistakes’ in London

Uber’s chief executive apologized for “mistakes we have made,” but says he still plans to appeal London’s decision to revoke the ride-hailing app’s license to operate in the city. “While Uber had revolutionized the way people move in cities around the world, it is equally true that we have got …

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US Launches Spy Satellite From California

A spy satellite for the U.S. National Reconnaissance Office has been launched from Vandenberg Air Force Base in California. A United Launch Alliance Atlas 5 rocket carrying the classified NROL-42 satellite lifted off at 10:49 p.m. PDT Saturday. All systems were going well when the launch webcast concluded about three …

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