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Economy

Six Months After India Currency Ban, Poor Still Feel Effects

By Yeco on Friday, May 12, 2017

Like thousands of other small-business entrepreneurs in India, Charanjit Yadav saw his sales of generator sets and batteries plummet in the weeks after the government’s surprising move to scrap 86 percent of the country’s currency last November. Six months on, …

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Economy

Apple to Give $200 Million to Corning for Kentucky Plant

By Yeco on Friday, May 12, 2017

Apple says it will give $200 million to Corning Inc. so it can invest in a Kentucky plant that makes glass screens for iPhones and iPads. The California-based company says the money will come from its Advanced Manufacturing Fund. It …

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Science

Strange Exoplanet Bucks Planet Formation Trends

By Yscien on Friday, May 12, 2017

An exoplanet located 437 light years away could shed light on the different ways planets form around their stars. HAT-P-26b, which astronomers call a “warm Neptune,” has a “primitive” atmosphere made almost entirely of hydrogen and helium. Its atmosphere is …

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Economy

Reports Show Rise in US Inflation, Retail Sales

By Yeco on Friday, May 12, 2017

U.S. consumers bought more cars and hardware, and stepped up online purchases in April, after two months of sluggish sales. Friday’s report from the Commerce Department says retail sales rose four-tenths of a percentage point in April, and sales were …

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Science

WHO Confirms Ebola Case in DR Congo

By Yscien on Friday, May 12, 2017

A person has tested positive for the Ebola virus in the northern Democratic Republic of Congo. A spokesman for the World Health Organization says officials declared an Ebola outbreak in Bas-Uele province after laboratory tests confirmed the presence of the …

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Technology

Syrian Refugees Earn Money, Cultivate Understanding, Teaching Arabic Online

By Ytech on Friday, May 12, 2017

A handful of New Yorkers have gathered at New York University to practice conversing in Arabic. Their two conversation partners have joined via Skype, video images projected side-by-side on a TV monitor. The scene would be nothing out of the …

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Science

Old Nuclear Technology Giving Way to New Generation of Reactors

By Yscien on Friday, May 12, 2017

After several large-scale incidents at nuclear power plants around the globe, public pressure in some countries led to abandoning the technology. But manufacturers say the new generation reactors are much safer, and their use will dramatically lower the air pollution …

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Economy

China to Get American Beef and Gas Under Trade Agreement

By Yeco on Friday, May 12, 2017

A sweeping trade agreement, ranging from banking to beef, has been reached between Washington and Beijing, the U.S. Commerce Department announced on Thursday. “It was pretty much a Herculean accomplishment to get this done,” said U.S. Commerce Secretary Wilbur Ross. …

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Economy

Cash and Chemicals: For Laos, Chinese Banana Boom a Blessing and Curse

By Yeco on Friday, May 12, 2017

Kongkaew Vonusak smiles when he recalls the arrival of Chinese investors in his tranquil village in northern Laos in 2014. With them came easy money, he said. The Chinese offered villagers up to $720 per hectare to rent their land, …

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Technology

Dutch Inventor Years Ahead in Plan to Clean Up Massive Plastic Patch in Pacific

By Ytech on Friday, May 12, 2017

A Dutch entrepreneur has come up with an invention he says will allow him to start cleaning up a massive floating garbage patch in the Pacific two years ahead of schedule. “To catch the plastic, act like plastic,” Boyan Slat …

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Economy

Americans Rush to Trademark Catchy Phrases

By Yeco on Friday, May 12, 2017

Ideas were flying at a brainstorming session to create a slogan for a group of North Carolina Democrats when Catherine Cloud blurted out a phrase that made a colleague’s eyes light up: “Because this is America.” The words were quickly …

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Economy

US Official Urges American Small Businesses to Export Abroad

By Yeco on Friday, May 12, 2017

The head of the U.S. Small Business Administration urged American businessmen and entrepreneurs to enter the global market, telling the United Nations on Thursday that just 1 percent of small businesses are currently exporting overseas. Linda McMahon said the nearly …

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Economy

Kushner Companies: No Investor Meetings in China This Weekend

By Yeco on Friday, May 12, 2017

The sister of White House adviser Jared Kushner won’t be attending an investor conference in China this weekend as reported after she was criticized for trying to raise money there last weekend, using the lure of a U.S. visa program. …

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Technology

Sinister Text Messages Reveal High-tech Front in Ukraine War

By Ytech on Thursday, May 11, 2017

Television journalist Julia Kirienko was sheltering with Ukrainian soldiers and medics two miles (three kilometers) from the front when their cellphones began buzzing over the noise of the shelling. Everyone got the same text message at the same time. “Ukrainian …

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Technology

What’s Holding Back Self-driving Cars? Human Drivers

By Ytech on Thursday, May 11, 2017

In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robotaxis. A self-driving car would be programmed to drive at the speed limit. …

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Economy

Iraq, Algeria Support Extension of Oil Production Cuts

By Yeco on Thursday, May 11, 2017

Iraq and Algeria support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to try to boost prices, they said in a joint statement Thursday. The oil ministers of the two countries …

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Science

Alaska Natives Look to Arctic Council to Preserve Pristine Region, Way of Life

By Yscien on Thursday, May 11, 2017

The foreign ministers of the eight Arctic Council nations will meet to discuss climate change this week, amid news last month that temperatures in the pristine region are warming at twice the rate of the rest of the world. A …

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Economy

Uber Chases GrabTaxi in Myanmar, Expanding in Southeast Asia

By Yeco on Thursday, May 11, 2017

Uber is launching its private ride-hailing service in the Myanmar commercial capital of Yangon on Thursday, aiming to tap into one of the world’s youngest and fastest-growing online markets. The launch follows Singapore-based GrabTaxi’s debut by about two months. Uber …

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Economy

Study: US Foreclosure Activity Drops to Lowest Level Since 2005 

By Yeco on Thursday, May 11, 2017

Housing foreclosure activity in the United States dropped to the lowest level since 2005 last month, according to a business research group. ATTOM Data Solutions tracks default notices, auctions and bank repossessions across the nation and says the number of …

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Science

Fighting Algae Blooms From the Top of the Food Chain

By Yscien on Thursday, May 11, 2017

Algae blooms happen when simple algae plants start growing out of control. The tiny plants are not usually toxic on their own, but the overabundance creates so-called dead zones because they suck all the oxygen out of the water. In …

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Science

Dogs Help Autistic Children at the Dentist’s Office

By Yscien on Thursday, May 11, 2017

Autistic children are naturally sensitive to changes in their routines, including visits to the doctor or dentist. They may become agitated and uncooperative. When a dog trainer in Chile tried bringing dogs to the office to help the children relax, …

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Technology

China Simulates Extended Moon Stays Amid Space Drive

By Ytech on Thursday, May 11, 2017

China is testing the ability for future astronauts to stay on the moon for extended periods, as Beijing accelerates its space program and looks to put people on the surface of the moon within the next two decades. The official …

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Economy

China: Silk Road Plan Not Tied to Xi Presidency

By Yeco on Thursday, May 11, 2017

China’s President Xi Jinping initiated the ambitious Belt and Road development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said Wednesday, days before Xi hosts a global forum on the initiative. The …

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Technology

Tesla Selling Solar Tiles, Says They Look Like Traditional Roof

By Ytech on Thursday, May 11, 2017

Electric carmaker Tesla has added another product to its lineup: Solar roof tiles. As of Wednesday, customers worldwide could order a solar roof on Tesla’s website. Installations will begin next month in the U.S., starting with California. Installations outside the …

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