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Economy

Homeboy Industries Turns Ex-Convicts’ Lives Around

By Yeco on Tuesday, October 2, 2018

Can ex-convicts completely turn their lives around? A program called “Homeboy Industries” believes so. It provides training, classes and support to former gang members and people just out of prison. The aim: make them productive citizens and leave a life …

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Economy

Poll: Half of Young Americans See Better Financial Future

By Yeco on Tuesday, October 2, 2018

About half of young Americans expect to be financially better off than their parents, according to a new poll, a sign that the dream of upward mobility is alive but somewhat tempered. The poll, by The Associated Press-NORC Center for …

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Technology

Trump to Meet With Google CEO, Other Tech Heads in October

By Ytech on Tuesday, October 2, 2018

U.S. President Donald Trump plans to meet with Google CEO Sundar Pichai and other tech executives this month at a social media summit. White House economic adviser Larry Kudlow said Tuesday that the administration hoped Facebook and Twitter would send …

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Science

2nd Round of Cholera Vaccinations Under Way in Yemen

By Yscien on Tuesday, October 2, 2018

The World Health Organization and its partners are conducting a second round of cholera vaccinations in Yemen in hopes of staving off a third major wave of this fatal disease. A first round of cholera vaccinations was conducted in August …

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Technology

Google’s First Urban Development Raises Data Concerns

By Ytech on Tuesday, October 2, 2018

Heated streets will melt ice and snow on contact. Sensors will monitor traffic and protect pedestrians. Driverless shuttles will carry people to their doors. A unit of Google’s parent company Alphabet is proposing to turn a rundown part of Toronto’s …

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Technology

EU Warns Facebook Not to Lose Control of Data Security

By Ytech on Tuesday, October 2, 2018

The EU’s top data privacy enforcer expressed worry Tuesday that Facebook had lost control of data security after a vast privacy breach that she said affected five million Europeans. “It is a question for the management, if they have things …

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Economy

Mexican Auto Parts Makers See New Trade Deal Boosting Output

By Yeco on Tuesday, October 2, 2018

Auto parts output in Mexico will jump about 10 percent over the next three years as automakers scramble to adhere to stricter content rules laid out in a new North American trade deal, a top industry executive said on Monday. …

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Economy

How NAFTA 2.0 Will Shake Up Business as Usual

By Yeco on Tuesday, October 2, 2018

American dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages. The North American trade …

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Technology

3D Map of Singapore Helps City Planner Prepare for Future

By Ytech on Tuesday, October 2, 2018

Imagine seeing an incredibly detailed map of your home city in three dimensions, with every citizen carrying a cell phone showing up as a dot on that map. Well, you can’t because there are security issues galore when it comes …

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Economy

GE, Seeking Path Forward as a Century-old Company, Ousts CEO

By Yeco on Tuesday, October 2, 2018

General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business.   H. Lawrence …

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Economy

Trump Hits Brazil, India Commerce After Clinching N. American Trade Deal

By Yeco on Monday, October 1, 2018

Fresh from clinching an updated North American commerce pact, U.S. President Donald Trump on Monday criticized Indian and Brazilian trade tactics, describing the latter as being “maybe the toughest in the world” in terms of protectionism. Addressing reporters at a …

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Economy

US Economists Optimistic About Growth, Worried About Tariffs

By Yeco on Monday, October 1, 2018

The economy should grow at a healthy pace this year and next, though the Trump administration’s trade policy will likely act as a drag, a group of business economists said.  Growth should reach 2.9 percent this year, according to a …

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Science

As Climate Risks Rise, Scientists Call for Rules on Solar Engineering

By Yscien on Monday, October 1, 2018

Technologies to reflect some of the sun’s rays away from Earth, as a way to cool future runaway climate change, are moving closer to becoming a reality, and rules are needed now to govern them, scientists and other experts said …

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Technology

Instagram Names Adam Mosseri as New CEO

By Ytech on Monday, October 1, 2018

Adam Mosseri, a veteran 10-year Facebook executive, will become the new head of Instagram, outgoing co-founders Kevin Systrom and Mike Krieger announced Monday. “We are thrilled to hand over the reins to a product leader with a strong design background …

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Science

Tobacco Industry Uses Social Media to Circumvent Bans

By Yscien on Monday, October 1, 2018

Delegates from 137 countries are attending a week-long anti-tobacco conference to exchange ideas and propose policies for tackling the worldwide tobacco pandemic. Organizers say progress has been made since the World Health Organization’s Framework Convention on Tobacco Control came into …

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Technology

Can Wireless Challenge Cable for Home Internet Service?

By Ytech on Monday, October 1, 2018

Cellular companies such as Verizon are looking to challenge traditional cable companies with residential internet service that promises to be ultra-fast, affordable and wireless. Using an emerging wireless technology known as 5G, Verizon’s 5G Home service provides an alternative to …

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Technology

New California Internet Neutrality Law Triggers US Lawsuit

By Ytech on Monday, October 1, 2018

California Gov. Jerry Brown has approved the nation’s strongest net neutrality law, prompting an immediate lawsuit by the Trump administration and opening the next phase in the battle over regulating the internet. Advocates of net neutrality hope California’s law, which …

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Economy

Flannery Ousted at GE After Less than 2 Years

By Yeco on Monday, October 1, 2018

After less than two years and a precipitous decline in the share price at General Electric, John Flannery is being ousted as chairman and CEO.   Flannery took over for longtime CEO Jeff Immelt in June 2017 with the company …

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Science

Cancer Researchers Win 2018 Nobel Prize for Physiology or Medicine

By Yscien on Monday, October 1, 2018

The 2018 Nobel Prize for Physiology or Medicine has been awarded to James Allison of the University of Texas and Tasuku Honjo of Japan’s Kyoto University for their discoveries in cancer therapy. “Allison and Honjo showed how different strategies for …

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Economy

New US-Canada Trade Pact Reached

By Yeco on Monday, October 1, 2018

After intense last-minute discussions ahead of a self-imposed midnight deadline, U.S. and Canadian officials announced late Sunday they reached a trade deal, allowing a modified three-way pact with Mexico to replace the nearly quarter-century old North American Free Trade Agreement.  …

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Economy

Fearing Debt Trap, Pakistan Rethinks Chinese ‘Silk Road’ Projects

By Yeco on Sunday, September 30, 2018

After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills of the Hindu Kush has become a test of Pakistan’s ability to rethink signature Chinese “Silk Road” projects due to …

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Economy

Tesla, Musk Settle Fraud Suit for $40M

By Yeco on Saturday, September 29, 2018

Tesla Chief Executive Officer Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a …

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Economy

Canada FM Postpones UN Speech as Trade Talks Intensify

By Yeco on Saturday, September 29, 2018

Canadian Foreign Affairs Minister Chrystia Freeland postponed her U.N. speech Saturday as free-trade talks between the U.S. and Canada intensified. Freeland had been scheduled to deliver Canada’s address to the General Assembly in New York, but Canada exchanged the slot …

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Technology

A Pakistani American Startup Fighting Media Censorship

By Ytech on Saturday, September 29, 2018

According to the latest report by the Committee to Protect Journalists in Pakistan, fatal violence against journalists has declined, but fear and self-censorship have grown. In this era, five Pakistani American students at Harvard University have created a startup that …

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