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”

Gone in a New York Minute: How the Amazon Deal Fell Apart

Gone in a New York Minute: How the Amazon Deal Fell Apart

In early November, word began to leak that Amazon was serious about choosing New York to build a giant new...

Payless ShoeSource to Close All Remaining US Stores 

Payless ShoeSource to Close All Remaining US Stores 

Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names...

Amazon’s Exit Could Scare Off Tech Companies From New York

Amazon’s Exit Could Scare Off Tech Companies From New York

Amazon jilted New York City on Valentine’s Day, scrapping plans to build a massive headquarters campus in Queens amid fierce...

Chinese Leader Meets with US Trade Delegation in Beijing

Chinese Leader Meets with US Trade Delegation in Beijing

Chinese President Xi Jinping met Friday with members of the U.S. trade delegation in Beijing where China and the U.S....

Mars Opportunity Rover Ends Nearly 15 Years of Discovery

Mars Opportunity Rover Ends Nearly 15 Years of Discovery

The Mars Opportunity Rover landed on the Red Planet’s surface in 2004 for a 90-day mission of exploration. More than...

Report: Facebook, FTC Discuss Multibillion Dollar Fine

Report: Facebook, FTC Discuss Multibillion Dollar Fine

A report says Facebook and the Federal Trade Commission are negotiating a “multibillion dollar” fine for the social network’s privacy...

‘Fintech’ Could Help Mexicans Abroad Send Money Home

‘Fintech’ Could Help Mexicans Abroad Send Money Home

Mexico’s new government is trying to slash the cost of sending cash home for Mexican families living abroad and is...

White House Upbeat on Beijing Trade Talks

White House Upbeat on Beijing Trade Talks

A top White House economic adviser is expressing confidence in the current U.S.-China trade negotiations in Beijing. “The vibe in...

Feeling Unwelcome, Amazon Ditches Plans For New York Hub

Feeling Unwelcome, Amazon Ditches Plans For New York Hub

Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming...

Google to Invest $13 Billion in New US Offices, Data Centers

Google to Invest $13 Billion in New US Offices, Data Centers

Google plans to invest more than $13 billion this year on new and expanded data centers and offices across the...

US Taxpayers Face Bitter Surprise After Trump’s Tax Cuts

US Taxpayers Face Bitter Surprise After Trump’s Tax Cuts

Some taxpayers are getting a bitter surprise this year as their usual annual tax refunds have shrunk — or turned...

China’s Huawei Soft Power Push Raises Hard Questions

China’s Huawei Soft Power Push Raises Hard Questions

As a nasty diplomatic feud deepens between the two countries over the tech company, involving arrests and execution orders, it...

Google, Apple Face Calls to Pull Saudi App Allowing Men to Monitor Wives

Google, Apple Face Calls to Pull Saudi App Allowing Men to Monitor Wives

A Saudi Arabian government app that allows men in the country to monitor and control their female relatives’ travel at...

Somalia Readies for Oil Exploration, Still Working on Petroleum Law

Somalia Readies for Oil Exploration, Still Working on Petroleum Law

The Somali government says it will award exploration licenses to foreign oil companies later this year, despite calls from the...

For Those Who Can’t Read, A New Way to Use Mobile Devices

For Those Who Can’t Read, A New Way to Use Mobile Devices

For the 750 million people globally who can’t read, using a smartphone can be difficult. One company is helping illiterate...

Global Unemployment Has Reached Lowest Level in a Decade

Global Unemployment Has Reached Lowest Level in a Decade

A new report finds the world’s unemployment rate has dropped to five percent, the lowest level since the global economic...

Supporters Renew Push for Nationwide Paid Family Leave in US

Supporters Renew Push for Nationwide Paid Family Leave in US

Democrats pushed on Tuesday for a nationwide paid family leave system in the United States, the only developed nation that...

Pentagon Outlines its First Artificial Intelligence Strategy

Pentagon Outlines its First Artificial Intelligence Strategy

The U.S. military wants to expand its use of artificial intelligence in warfare, but says it will take care to...

National Debt Hits New Milestone, Topping $22 Trillion

National Debt Hits New Milestone, Topping $22 Trillion

The national debt has passed a new milestone, topping $22 trillion for the first time. The Treasury Department’s daily statement...

With ‘On-the-Go’ Loans and Tech, Social Firm Boosts Myanmar Farmers

With ‘On-the-Go’ Loans and Tech, Social Firm Boosts Myanmar Farmers

A social venture in Myanmar is boosting farm outputs with customized technologies and giving loans for seasonal migration to raise...

Trump Says He Could Let China Trade Deal Deadline Slip, But ‘Not Inclined To’

Trump Says He Could Let China Trade Deal Deadline Slip, But ‘Not Inclined To’

U.S. President Donald Trump said on Tuesday that he could let the March 1 deadline for a trade agreement with...

Russian Lawmakers Back Bill on ‘Sovereign’ Internet

Russian Lawmakers Back Bill on ‘Sovereign’ Internet

Russian lawmakers backed tighter internet controls on Tuesday to defend against foreign meddling in draft legislation that critics warn could...