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”

Starbucks Executive Chairman Howard Schultz Steps Down

Starbucks Executive Chairman Howard Schultz Steps Down

Starbucks Corp, the world’s biggest coffee chain, said on Monday Executive Chairman Howard Schultz is stepping down, effective June 26....

Microsoft Confirms It is Acquiring GitHub for $7.5 Billion

Microsoft Confirms It is Acquiring GitHub for $7.5 Billion

Microsoft on Monday said it will buy software development platform GitHub, in a deal worth $7.5 billion which will blend...

Facebook Under Scrutiny Over Data Sharing After NYT Report

Facebook Under Scrutiny Over Data Sharing After NYT Report

Facebook is pushing back against a media report saying that it provided extensive information about its users and their friends...

Bayer to Ditch Monsanto Name After Mega-Merger

Bayer to Ditch Monsanto Name After Mega-Merger

German chemicals and pharmaceuticals giant Bayer will discard the name Monsanto when it takes over the controversial US seeds and...

Big Investors Urge G7 to Step Up Climate Action, Shift From Coal

Big Investors Urge G7 to Step Up Climate Action, Shift From Coal

Institutional investors with $26 trillion in assets under management called on Group of Seven leaders on Monday to phase out...

3 Astronauts Return Safely From Space Station

3 Astronauts Return Safely From Space Station

Three astronauts from the International Space Station have safely returned to Earth after completing a five-month mission.  American Scott Tingle,...

Advances in Exoskeleton Technology Could Help Some Walk Again

Advances in Exoskeleton Technology Could Help Some Walk Again

An accident, a stroke, or a disease can leave someone paralyzed and unable to walk. That happens to more than...

Developing an Intuitive Exoskeleton

Developing an Intuitive Exoskeleton

Every year more than 15 million people worldwide suffer injuries and illnesses that leave them unable to walk according to...

Papua New Guinea Considers Facebook Ban

Papua New Guinea Considers Facebook Ban

The government Papua New Guinea is considering blocking Facebook while it investigates how to best to regulate the social networking...

Report: UK Food, Fuel, Medicine Short Under ‘No Deal’ Brexit

Report: UK Food, Fuel, Medicine Short Under ‘No Deal’ Brexit

British civil servants have warned of shortages of food, fuel and medicines within weeks if the U.K. leaves the European...

China Warns US: No Trade Deal if Tariffs Go Ahead

China Warns US: No Trade Deal if Tariffs Go Ahead

China has warned that any agreements with Washington in their talks on settling a sprawling trade dispute “will not take...

China Warns US Tariffs Will Undo Existing Deals

China Warns US Tariffs Will Undo Existing Deals

China is warning the United States any trade and business agreements between the two countries will be void if President...

Britain Won’t Sign Trade Deal with US That Is Not in Its Interests

Britain Won’t Sign Trade Deal with US That Is Not in Its Interests

Britain will not sign a trade agreement with the United States that is not in the country’s best interests, Trade...

Buffett Lunch: $3.3M Paid for Private Meal with Billionaire

Buffett Lunch: $3.3M Paid for Private Meal with Billionaire

An anonymous bidder offered more than $3.3 million Friday for a private lunch with Warren Buffett, an amount just short...

Robotic Falcon Keeps Airports Free of Birds

Robotic Falcon Keeps Airports Free of Birds

Birds and airplanes share the sky, so inevitably collisions occur. But airport authorities try to limit those encounters because bird...

US Unemployment Hits 18-Year Low, but Potential Trouble Looms

US Unemployment Hits 18-Year Low, but Potential Trouble Looms

The U.S. economy added 223,000 jobs in May, sending the unemployment rate to an 18-year low of 3.8 percent. The...

Ross Arrives in Beijing for Talks on Trade Surplus

Ross Arrives in Beijing for Talks on Trade Surplus

U.S. Commerce Secretary Wilbur Ross arrived in Beijing on Saturday for talks on China’s promise to buy more American goods...

Google to End Military Contract Following Employee Complaints

Google to End Military Contract Following Employee Complaints

Google says it will not extend a contract into next year to help the U.S. military analyze drone videos following...

US Gains 223K Jobs; Unemployment at 18-year Low

US Gains 223K Jobs; Unemployment at 18-year Low

U.S. employers extended a streak of solid hiring in May, adding 223,000 jobs and helping lower the unemployment rate to...

Europe Threatens Retaliation for US Tariffs

Europe Threatens Retaliation for US Tariffs

Some U.S. trading partners are vowing to retaliate against U.S interests over President Donald Trump’s decision to impose a 25...

US Job Growth Forecast: Solid Pace in May

US Job Growth Forecast: Solid Pace in May

U.S. employers are thought to have hired at a solid pace in May and helped extend the economy’s nearly nine-year...

Facebook Shareholders Ask Company Leaders for More Accountability

Facebook Shareholders Ask Company Leaders for More Accountability

Outside Facebook’s annual shareholders meeting Thursday, a lone protester paced on the sidewalk, carrying a U.S. flag and a sign...