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Economy

Tesla Sets up Shanghai Financial Leasing Unit as China Plans Accelerate

By Yeco on Thursday, December 27, 2018

Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up its push into China. The California-based carmaker, led by billionaire …

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Science

Aid Group: 10 Worst Climate-Linked Disasters of 2018 Caused $85B in Damage

By Yscien on Thursday, December 27, 2018

From floods to extreme heat, 10 of the worst climate-linked disasters in 2018 caused at least $84.8 billion worth of damage, said a study released by the charity Christian Aid on Thursday. Extreme weather driven by climate change hit every …

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Science

US Legal Marijuana Industry Had Banner Year in 2018

By Yscien on Thursday, December 27, 2018

The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Liberal California became the largest legal U.S. marketplace, while conservative …

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Science

Japan to Leave International Whaling Commission; Resume Commercial Whaling

By Yscien on Thursday, December 27, 2018

Japan will withdraw from the International Whaling Commission and resume commercial whaling in July. Wednesday’s announcement was met with opposition from animal rights groups, who say that Tokyo is violating international law. Japan says whaling will only be in its …

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Science

Male Campaigner Seeks to End FGM in Kenya’s Maasai Community

By Yscien on Thursday, December 27, 2018

Female circumcision — a practice that opponents call female genital mutilation — has been a coming-of-age ritual among the Maasai tribe of Kenya for generations. But it is becoming less common, in part because of one man who is trying …

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Economy

Report: US Retail Holiday Sales Best in 6 Years

By Yeco on Thursday, December 27, 2018

Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the best holiday retail season in the last six years. The …

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Economy

Report: US Trade Team to Travel to China for Talks  

By Yeco on Thursday, December 27, 2018

A U.S. trade delegation will go to China the week of Jan. 7, Bloomberg reported Wednesday, citing two people familiar with the matter. It will be the first time the two sides will meet face to face since U.S. President Donald …

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Economy

Wall Street Notches Best Day in 10 Years in Holiday Rebound

By Yeco on Wednesday, December 26, 2018

Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its …

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Science

Study: Work in Space Does Not Seem to Shorten Astronauts’ Lives

By Yscien on Wednesday, December 26, 2018

Although space travel exposes astronauts to forms of radiation that are uncommon on Earth, and that are linked to cancers and heart problems, a U.S. study suggests this doesn’t significantly shorten their lives. Researchers compared nearly 60 years of data on U.S. male astronauts …

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Economy

Indian State to Return Unused Land to Farmers

By Yeco on Wednesday, December 26, 2018

Farmers in the Indian state of Chhattisgarh are getting back land that was taken from them more than a decade ago by the government because it was not used, a rare move in a country riven by conflict over land. …

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Technology

‘Tech Addicts’ Seek Solace in 12 Steps and Rehab

By Ytech on Wednesday, December 26, 2018

We like to say we’re addicted to our phones or an app or some new show on a streaming video service. But for some people, tech gets in the way of daily functioning and self-care. We’re talking flunk-your-classes, can’t-find-a-job, live-in-a-dark-hole …

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Science

Israel to Allow Medical Marijuana Exports

By Yscien on Wednesday, December 26, 2018

Israel’s Parliament has unanimously approved a law to permit exports of medical marijuana, allowing Israel to tap the lucrative global market. Israel will become the third country, after the Netherlands and Canada, to take its medical cannabis global. The Israeli …

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Economy

Lobster Divers Risk Injury, Death in Honduras

By Yeco on Wednesday, December 26, 2018

Saul Ronaldo Atiliano was diving for lobster in the clear waters off Honduras’ Caribbean coast when he felt a pressure, a pain in his body. And he knew he’d gotten the sickness that has killed or disabled so many of …

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Economy

Koreas Celebrate Joint Railway

By Yeco on Wednesday, December 26, 2018

North and South Korea held a groundbreaking ceremony Wednesday to mark the start of a joint project to connect railways throughout the divided peninsula. The event was held after both Korea’s inspected railways along the peninsula’s east coast. Ministry of …

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Technology

Futuristic Fun House Transforms Traditional Games into High Tech Wonders

By Ytech on Wednesday, December 26, 2018

Technology is very quickly changing entertainment as we know it. While some worry that people are spending too much time on video games and not enough time with other people, there is a place in Los Angeles where visitors can …

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Technology

Interactive TV Lets Viewers Choose Plot and Story Lines

By Ytech on Wednesday, December 26, 2018

Movie and TV show endings can be a major let down, but what if you could control the storyline as it develops? Eko is an entertainment company that’s putting viewers in the director’s chair with interactive TV shows and videos. …

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Economy

Japan Announces IWC Withdrawal, Will Resume Commercial Whaling

By Yeco on Wednesday, December 26, 2018

Japan is withdrawing from the International Whaling Commission and will resume commercial whaling next year, a government spokesman said Wednesday, in a move expected to spark international criticism. “We have decided to withdraw from the International Whaling Commission in order …

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Technology

Social Media’s Year of Falling From Grace

By Ytech on Wednesday, December 26, 2018

In 2018, technology firms such as Facebook and Google faced more scrutiny and negative press over their handling of data breaches and online speech. The issue may mean new rules and more regulations in the future. The question of who …

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Economy

Trump Praises Treasury Secretary Mnuchin But Hits Fed Again on Rate Rises

By Yeco on Tuesday, December 25, 2018

President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S. Federal Reserve, saying it has raised interest rates too quickly. …

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Economy

Former Nissan Executive Released from Tokyo Jail

By Yeco on Tuesday, December 25, 2018

Former Nissan Motor Co. executive Greg Kelly was released from jail in Japan Tuesday after a Tokyo court rejected prosecutors’ request to continue to detain him. The Tokyo District Court granted his release after setting bail at $636,000. Kelly had …

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Economy

Zimbabwe Suspends, Refuses to Pay Striking Doctors

By Yeco on Tuesday, December 25, 2018

There is no holiday cheer for striking doctors in Zimbabwe this Christmas. The country’s health minister announced on Christmas eve that none of the strikers will receive their December salaries. Doctors say the strong-arming will not make them call off …

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Economy

Japan Stocks Fall Below 20,000

By Yeco on Tuesday, December 25, 2018

Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000 points — five percent of its value –to close Tuesday …

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Economy

Iran Submits First Budget Since US Sanctions Restored

By Yeco on Tuesday, December 25, 2018

Iran’s president submitted next year’s budget to parliament on Tuesday, the first since the United States restored sanctions that had been lifted under the nuclear deal. The $47.5 billion budget is less than half the size of last year’s, mainly …

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Technology

Scandal-Plagued Facebook Goes on Charm Offensive in Vietnam   

By Ytech on Tuesday, December 25, 2018

Before Facebook, Vu Kim Chi thought something was lacking in her job, which is to promote the economy in and around Vietnam’s famed Ha Long Bay. Posting updates to her department’s website, or photocopying missives to send to constituents, she …

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