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”

OPEC, Russia Move Closer to Cutting Oil Output

OPEC, Russia Move Closer to Cutting Oil Output

OPEC and Russia moved closer on Wednesday to agreeing cuts in oil production from next year despite pressure from U.S....

Growth of Labor Migration Provokes Hostility in Host Communities

Growth of Labor Migration Provokes Hostility in Host Communities

A new study estimates 164 million people are migrating to foreign countries in search of work, an increase of 9...

Trump Tries to Calm Global Markets After Stocks Drop Sharply

Trump Tries to Calm Global Markets After Stocks Drop Sharply

U.S. President Donald Trump, who rattled global markets Tuesday after declaring himself “a Tariff Man,” predicted in a series of...

Shifting Global Marketplace Leaves US Workers Behind

Shifting Global Marketplace Leaves US Workers Behind

President Donald Trump insists his new trade agreement with Mexico and Canada will address the exporting of U.S. manufacturing jobs...

Brazil’s Bolsonaro to Tackle Pension Overhaul Piecemeal

Brazil’s Bolsonaro to Tackle Pension Overhaul Piecemeal

Right-wing President-elect Jair Bolsonaro said on Tuesday he plans to tackle the overhaul of Brazil’s fiscally burdensome pension system with...

VW May Use Ford’s US Plants to Build Cars

VW May Use Ford’s US Plants to Build Cars

Volkswagen AG’s chief executive said Tuesday after a meeting at the White House that the German automaker was building an alliance...

World Bank Ups Funds to Tackle ‘Existential Threat’ of Climate Change

World Bank Ups Funds to Tackle ‘Existential Threat’ of Climate Change

The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of...

White House Seeks to End Subsidies for Electric Cars, Renewables

White House Seeks to End Subsidies for Electric Cars, Renewables

White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and...

Fed Chairman Powell Says Economic Challenges Remain

Fed Chairman Powell Says Economic Challenges Remain

Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges...

Where Are Drones? Amazon’s Customers Still Waiting

Where Are Drones? Amazon’s Customers Still Waiting

Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now. Amazon...

Stressed Americans Expect to Get Cozy This Christmas

Stressed Americans Expect to Get Cozy This Christmas

It’s going to be a cozy Christmas this year as more Americans shop for comfortable apparel and accessories like fuzzy...

Trump Boasts of Relations with Xi, New Trade Deal with China

Trump Boasts of Relations with Xi, New Trade Deal with China

U.S. President Donald Trump boasted Monday of his “very strong and personal relationship” with Chinese President Xi Jinping, declaring a...

UN Chief: World in Deep Trouble With Climate Change

UN Chief: World in Deep Trouble With Climate Change

U.N. Secretary-General Antonio Guterres is warning the world is “in deep trouble with climate change.” Speaking Monday at the opening...

Trump-Xi Dinner in Argentina Leads to Trade War Truce

Trump-Xi Dinner in Argentina Leads to Trade War Truce

U.S. President Donald Trump has returned home from the Group of 20 meeting of the world’s top economies. After the...

Can Artificial Intelligence Make Doctors Better?

Can Artificial Intelligence Make Doctors Better?

Teacher Rishi Rawat has one student who is not human, but a machine. Lessons take place at a lab inside...

Can Artificial Intelligence Help Doctors Make Better Decisions?

Can Artificial Intelligence Help Doctors Make Better Decisions?

With the help of artificial intelligence and machine learning, doctors may soon have new ways of diagnosing and treating patients...

Espionage, ID theft? Risks From Stolen Marriott Data Myriad

Espionage, ID theft? Risks From Stolen Marriott Data Myriad

The data stolen from the Marriott hotel empire in a massive breach is so rich and specific it could be...

US Judge Gives Preliminary OK to $48M VW Investor Settlement 

US Judge Gives Preliminary OK to $48M VW Investor Settlement 

A U.S. judge in California has granted preliminary approval of a $48 million settlement for investors who said Volkswagen AG made false...

Microsoft Surpasses Apple as Most Valuable Public Company

Microsoft Surpasses Apple as Most Valuable Public Company

Microsoft’s big bet on cloud computing is paying off as the company has surpassed Apple as the world’s most valuable...

New North American Trade Deal Signed in Buenos Aires

New North American Trade Deal Signed in Buenos Aires

U.S. President Donald Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto have signed the new U.S....

Markets Sweat on Lopez Obrador’s ‘True Colors’ on Eve of New Mexican Presidency

Markets Sweat on Lopez Obrador’s ‘True Colors’ on Eve of New Mexican Presidency

During Andres Manuel Lopez Obrador’s successful campaign for the Mexican presidency, his advisers met representatives of dozens of investment funds...

Indian Politicians Spar Over Dodgy Economic Data as Election Nears

Indian Politicians Spar Over Dodgy Economic Data as Election Nears

It may be the world’s sixth largest, but most other things about India’s economy are up for debate. The ruling...