Digest

World and business news. The world is the totality of entities, the whole of reality, or everything that exists. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a “plurality of worlds”

With Mexico Deal Done, US Urges China to Resume Trade Talks

With Mexico Deal Done, US Urges China to Resume Trade Talks

One down, still others to go. President Donald Trump claimed a victory after Washington and Mexico agreed on measures to...

Federally Insured Banks Largely Off-Limits to Cannabis Business

Federally Insured Banks Largely Off-Limits to Cannabis Business

In May, Arkansas became the latest state to cash in on the sale of medical marijuana. Lines of people wrapped...

US, China Talk Trade at G-20 Finance Meeting

US, China Talk Trade at G-20 Finance Meeting

U.S. Treasury Secretary Steven Mnuchin said Saturday that he plans to speak privately with China’s central bank governor about trade...

FedEx Ends Amazon’s FedEx Express Plane Service

FedEx Ends Amazon’s FedEx Express Plane Service

FedEx Corp. Friday decided not to renew its contract with Amazon.com Inc. for U.S. cargo delivery through FedEx Express, the...

Trump Announces Deal With Mexico Averting Tariffs

Trump Announces Deal With Mexico Averting Tariffs

Cindy Saine at the State Department contributed to this report.    U.S. President Donald Trump said late Friday that the...

Two Execs Out as Uber Stock Sputters

Two Execs Out as Uber Stock Sputters

Uber is parting ways with two of its top executives less than a month after the company’s rocky stock market...

US Legislators Seek Answers on Boeing 737 Max Defect 

US Legislators Seek Answers on Boeing 737 Max Defect 

Two key U.S. legislators want answers from Boeing and federal regulators about why the company waited more than a year...

Trade War Clouds Outlook as Finance Chiefs Meet in Japan

Trade War Clouds Outlook as Finance Chiefs Meet in Japan

Finance ministers and central bank governors meeting in Japan this weekend will try to make headway on long-standing issues such...

Putin Says US Unilateralism Undermines Global Trade

Putin Says US Unilateralism Undermines Global Trade

Russian President Vladimir Putin has criticized the United States for using pressure and sanctions to maintain its economic supremacy. Speaking...

Research: Russian Disinformation on YouTube Draws Ads, Lacks Warnings

Research: Russian Disinformation on YouTube Draws Ads, Lacks Warnings

Fourteen Russia-backed YouTube channels spreading disinformation have been generating billions of views and millions of dollars in advertising revenue, according...

Facebook Stops Huawei From Pre-Installing Its Apps on Phones

Facebook Stops Huawei From Pre-Installing Its Apps on Phones

Facebook has stopped letting its apps come pre-installed on smartphones sold by Huawei in order to comply with U.S. restrictions,...

US Jobs Growth Slows Sharply

US Jobs Growth Slows Sharply

U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic...

Fiat Chrysler Drops Renault Merger Idea

Fiat Chrysler Drops Renault Merger Idea

Italian-U.S. carmaker Fiat Chrysler on Thursday pulled the plug on its proposed merger with Renault, saying negotiations had become “unreasonable”...

Google Cloud Gaming Service to Launch in 14 Countries This Year

Google Cloud Gaming Service to Launch in 14 Countries This Year

Google on Thursday released new details about its video game streaming service Stadia, which will be available in 14 countries...

IMF: US Trade Wars Are Risk to America’s Economy

IMF: US Trade Wars Are Risk to America’s Economy

The U.S. economy could be weakened by escalating trade wars or a sudden downturn in global financial markets, the International...

Vietnam Businesses Push for Green Economy

Vietnam Businesses Push for Green Economy

Liz Hung supports a lot of the imaginative concepts being discussed to make Vietnam “greener” economically and in terms of...

US Productivity Grew at Solid 3.4% Rate in First Quarter

US Productivity Grew at Solid 3.4% Rate in First Quarter

U.S. productivity grew at a strong 3.4% rate in the January-March quarter, the best showing in more than four years,...

Ai-Da, Humanoid Robot Artist, Gears Up for First Solo Exhibition

Ai-Da, Humanoid Robot Artist, Gears Up for First Solo Exhibition

Wearing a white blouse and her dark hair hanging loose, Ai-Da looks like any artist at work as she studies...

In Double Whammy, Fitch Downgrades Mexico and Moody’s Lowers Outlook

In Double Whammy, Fitch Downgrades Mexico and Moody’s Lowers Outlook

In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks...

US Refiners to Trump: Tariffs on Mexico Could Raise Gas Prices

US Refiners to Trump: Tariffs on Mexico Could Raise Gas Prices

U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and...

Trump’s Cruise Ban Hits Cuba’s Private-Sector Workers

Trump’s Cruise Ban Hits Cuba’s Private-Sector Workers

Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet,...

Canada Details Plans for 5G Internet Rollout

Canada Details Plans for 5G Internet Rollout

Canada on Wednesday said it was preparing for the arrival of ultra-fast 5G internet service as it outlined plans to...