Category: Бізнес

High Schoolers Experience What it is Like to be Professionals

When the new school year started in September, 16-year-old Aelina Pogosian couldn’t wait to tell her friends about the most interesting part of her summer vacation: her RISE internship, working three weeks in the biology lab at Montgomery College. “A lot of the materials and machinery we used is not given at most high schools, …

Continue Reading

Last Holden Rolls Off Factory Line in Australia

The last mass-produced car designed and built in Australia rolled off General Motors Co.’s production line in the industrial city of Adelaide on Friday as the nation reluctantly bid farewell to its auto manufacturing industry. GM Holden Ltd., an Australian subsidiary of the U.S. automotive giant, built its last car almost 70 years after it …

Continue Reading

At G-7, Social Media Firms Pushed to Do More to Fight Terror

Technology firms have improved cooperation with the authorities in tackling online militant material but must act quicker to remove propaganda fueling a rise in homegrown extremism, acting U.S. Homeland Security Secretary Elaine Duke said Wednesday. The United States and Britain will push social media firms at a meeting of G7 interior ministers this week to …

Continue Reading

Workers at iPhone Supplier in China Protest Unpaid Bonuses

Hundreds of workers streamed through dark streets, blocking an entrance to an Apple iPhone supplier’s factory in eastern China to protest unpaid bonuses and factory reassignments, two witnesses and China Labor Watch, a New York based non-profit group, said Thursday. The protest Wednesday night at Jabil Inc.’s Green Point factory in Wuxi city prompted Apple …

Continue Reading

Missouri Proposes Innovation Corridor for Amazon’s 2nd Home

Missouri officials were submitting a bid Thursday for Amazon’s second headquarters that would involve an innovation corridor between Kansas City and St. Louis rather than a single location in one of the state’s major metropolitan areas.   That’s proposal is in addition to individual applications submitted by Kansas City and St. Louis, two of a …

Continue Reading

US Unemployment Claims Fall to 222,000, Lowest in 44 Years

The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president. THE NUMBERS: The Labor Department said Thursday that claims for jobless aid dropped by 22,000 to 222,000, fewest since March 1973. The less volatile four-week average slid by 9,500 to 248,250, lowest since late August.   …

Continue Reading

Dow closes above 23,000 for first time; IBM soars

The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. The Dow hit 22,000 on Aug. 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000 to …

Continue Reading

A Lifeline for Millions in Somalia, Money Remittance Industry Seeks More Support

Every month, Fatma Ahmed sends $200 of the earnings she makes in London to her family in Somalia. “It’s for daily life. For rent, for buying grocery things, to live over there. Because actually in Somalia, that much we do not have,” she said. Remittances from overseas diaspora constitute a vital part of the economy …

Continue Reading

A Lifeline for Millions in Somalia, Money Remittance Industry Seeks Support

Remittances from overseas diaspora constitute a vital part of the economy of many developing nations, none more so than Somalia, where the inflows add up to more than foreign aid and investment combined. But analysts warn the industry is poorly understood by regulators and banks — and its precarious nature puts the welfare of millions …

Continue Reading

Significant Differences Remain After 4th Round of NAFTA talks End in Washington

Trade ministers from the United States, Canada and Mexico wrapped up a contentious fourth round of talks this week, aimed at modernizing the North American Free Trade Agreement. But the Trump administration’s proposals to reshape NAFTA have some trade analysts wondering if the 23-year-old trade pact can survive. Mil Arcega has more. …

Continue Reading

In Harvey-hit County, Some in GOP Newly Confront the Climate

The church was empty, except for the piano too heavy for one man to move. It had been 21 days since the greatest storm Wayne Christopher had ever seen dumped a year’s worth of rain on his town, drowning this church where he was baptized, met his high school sweetheart and later married her.   …

Continue Reading

Populism Again Casts Shadow Over Booming Eurozone Economy

For months, the outlook for the eurozone economy has brightened thanks to a series of electoral defeats for populist parties in key states like France. Now, following votes in Germany and Austria and the uncertainty over the Spanish region of Catalonia, concerns are growing again about the potential impact of euroskeptic politics. The euro has …

Continue Reading

IMF: Global Economy Healthy, Still Needs Low Interest Rates

The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the International Monetary Fund says.    “There was a strong consensus that the global outlook is strengthening,” said Agustin Carstens, governor of the Bank of …

Continue Reading

Tesla Fires Hundreds of Workers After Annual Reviews

Tesla Motors fired hundreds of workers after completing its annual performance reviews, even though the electric automaker is trying to ramp up production to meet the demand for its new Model 3 sedan. The Palo Alto, California-based company confirmed the cuts in a Saturday statement, but didn’t disclose how many of its 33,000 workers were …

Continue Reading

Reality of NAFTA Talks Sets in After Tough US Demands

Negotiators from Canada and Mexico grappled Saturday with U.S. demands to drastically alter the North American Free Trade Agreement, as talks over renewal of the pact vilified by President Donald Trump ran through a fourth straight day. Some downcast participants said the demands, unveiled this week in line with Trump’s “America First” agenda, have increased …

Continue Reading

Global Economy: Growth Gathering Momentum, but Where’s the Inflation?

The euro zone economy may be building up an impressive head of steam that shows no signs of cooling, but what policymakers at the European Central Bank really want – higher inflation – is still largely absent. Industrial output in the bloc rose faster than anyone polled by Reuters expected in August, according to data …

Continue Reading

China’s Imports From North Korea Fall Nearly 38 Percent in September

China’s imports from North Korea fell 37.9 percent in September from a year earlier, marking the seventh consecutive month of decline, the customs office said Friday. China-U.S. ties have been strained by President Donald Trump’s criticism of China’s trade practices and by demands that Beijing do more to pressure North Korea over Pyongyan’s nuclear and …

Continue Reading

California Wildfires Threaten Wine Country’s Lifeblood: Tourism

The wildfires burning through Northern California are sending visitors packing, threatening the $2 billion-plus spent annually by tourists on wine tours, fine food, limousine rides and much more, business leaders said. At the Inn on First bed and breakfast in the famous wine town of Napa, co-owner Jamie Cherry was encouraging callers to postpone rather …

Continue Reading

Peru’s Cabinet Seeks New Legislative Powers on Economy From Congress

The government of Peru’s President Pedro Pablo Kuczynski said Thursday that it will request special powers to legislate economic policies from the opposition-ruled Congress, after growth slowed sharply during his first year in office. During a presentation in Congress, Prime Minister Mercedes Araoz said her cabinet wants to legislate policies aimed at consolidating an incipient …

Continue Reading

Report: Rise in Natural Disasters Fueling Global Homelessness

New research finds nearly 14 million people a year are losing their homes because of sudden onset disasters such as floods and cyclones. The Internal Displacement Monitoring Center, which analyzed the impact of sudden onset disasters in 204 countries and territories, warns that homelessness will continue to rise unless significant progress is made in managing …

Continue Reading

US Proposes NAFTA Sunset Clause, Raising Tensions in Talks

Washington has increased tensions in talks to renew the North American Free Trade Agreement by insisting that any new deal be allowed to expire after five years, two officials familiar with the negotiations said on Thursday. Canada and Mexico both strongly oppose the concept of a so-called sunset clause, a provision that had been floated …

Continue Reading

Evergrande Property Magnate Seizes Top Spot On China Rich List

China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. Xu Jiayin, the chairman of developer China Evergrande Group, has seized top spot – beating out more familiar faces such as Alibaba Group Holding Ltd’s Jack Ma and rival property magnate Wang Jianlin of Dalian …

Continue Reading

US/Turkey Visa Spat Deals Temporary Setback, Uncertainty to Turkish Economy

Financial markets in Istanbul were pummeled this week as the tit-for-tat visa spat between the Unites States and Turkey escalated. Turkish stocks and currency values fell on Monday before rebounding in Tuesday’s trading. The Oct. 8 decision by the United States to place the NATO ally on the same list of pariah states as North …

Continue Reading

In the Heart of Manhattan, a Taste of Old Kiev

Restaurant Veselka has made New Yorkers fall in love with Ukrainian cuisine. Featured in movies and frequented by celebrities, the diner is also a staple for locals. In a city that’s tough on restaurants, Veselka’s longevity is legendary. VOA’s Iuliia larmolenko has the story. …

Continue Reading

California Vintners Inspect Grapes, Check Buildings After Wildfires

Worried California vintners surveyed the damage to their vineyards and wineries Tuesday as wildfires sweep through counties whose famous names have become synonymous with fine food and drink. At the Gundlach Bundschu in Sonoma County, workers were not sure the grapes above the winery survived a second night of fires that have destroyed at least …

Continue Reading

IMF: Global Growth to Reach 3.6 Percent This Year

The global economy is expected to expand to a 3.6 percent annual rate this year, up from last year’s rate of 3.2 percent.    Tuesday’s assessment comes from the International Monetary Fund as economic officials from the World Bank and nations around the world gather to discuss growth, jobs, worries, ideas, and pleas for action …

Continue Reading