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world and business news

China Turning Pakistan Port Into Regional Giant

China Turning Pakistan Port Into Regional Giant

An unprecedented Chinese financial and construction effort is rapidly developing Pakistan’s strategically located Arabian Sea port of Gwadar into one...

US Workforce to Add 11.5 Million Jobs by 2026

US Workforce to Add 11.5 Million Jobs by 2026

The U.S. economy is expected add another 11.5 million jobs by 2026, as an aging population and longer life spans...

High Rise Buildings Can Be Earthquake-Proof

High Rise Buildings Can Be Earthquake-Proof

After a deadly earthquake in 1985, authorities in Mexico City decided they must start constructing houses that can withstand strong...

Facebook Tests Splitting Its News Feed Into Two

Facebook Tests Splitting Its News Feed Into Two

Facebook Inc said on Monday it was testing the idea of dividing its News F eed in two, separating commercial...

Amazon Says It Received 238 Proposals for 2nd Headquarters

Amazon Says It Received 238 Proposals for 2nd Headquarters

Amazon said Monday that it received 238 proposals from cities and regions in the United States, Canada and Mexico hoping...

Sierra Leone to Auction Multi-Million Dollar Diamond to Benefit Poor

Sierra Leone to Auction Multi-Million Dollar Diamond to Benefit Poor

Sierra Leone hopes to raise millions of dollars for development projects by auctioning a huge uncut diamond, believed to be...

Low Inflation Could Slow Fed, but Fiscal Stimulus Unnecessary

Low Inflation Could Slow Fed, but Fiscal Stimulus Unnecessary

The U.S. Federal Reserve will raise interest rates in December and twice next year, according to a Reuters poll of...

Taiwan Steps up Asia Business to Reduce Dependence on China

Taiwan Steps up Asia Business to Reduce Dependence on China

Taiwan is offering visa waivers and setting up overseas investment offices across a swathe of countries to its south, the...

Pay-by-Minute Electric Cars

Pay-by-Minute Electric Cars

Electric cars are steadily gaining ground in the global auto market, but it’s a slow process. Along with their high...

Electric Vehicles Poised to Go Mainstream

Electric Vehicles Poised to Go Mainstream

The bumper sticker on the back of Scott Wilson’s car reads, “This is what the end of gasoline looks like.”...

Electric Vehicles Poised for Mainstream, Experts Say

Electric Vehicles Poised for Mainstream, Experts Say

Electric cars have been a futuristic promise for decades. And electric vehicles finally appear poised to enter the mainstream. Major...

FBI Couldn’t Access Nearly 7K Devices Because of Encryption

FBI Couldn’t Access Nearly 7K Devices Because of Encryption

The FBI hasn’t been able to retrieve data from more than half of the mobile devices it tried to access...

South African Bakery Slices Prices and Sees Sales Skyrocket

South African Bakery Slices Prices and Sees Sales Skyrocket

A bakery in a low-income area of Johannesburg slashed prices of its popular bread, with unexpected results. What started as...

Fed’s Powell, Economist Taylor, Yellen on Trump’s Federal Reserve List

Fed’s Powell, Economist Taylor, Yellen on Trump’s Federal Reserve List

President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the central...

US Warns About Attacks On Energy, Industrial Firms

US Warns About Attacks On Energy, Industrial Firms

The Department of Homeland Security and Federal Bureau of Investigation warned in a report distributed by email late on Friday...