Articles

Imagine if Ford remotely disabled the engine on your new F-150 pickup because you chose to have the door locks fixed at a corner garage rather than a dealership. Sound absurd? Not if you’re Apple. Since 2014, the world’s most profitable smartphone company has — without warning — permanently disabled some iPhones that had their home buttons replaced by repair ...

Did the Great Recession inflict permanent damage on the US economy? Or was it just a deep hole that took a long time to climb out of? Evidence now says that it was mostly the latter. Based on how fast the US recovered from the 2008 financial crisis and the recession that followed, the speed hasn’t been too different from ...

Indonesia’s move to open the doors wider to foreign investment could help spark growth in Southeast Asia’s largest economy. But with significant restrictions remaining in place for a range of sectors, the effect may be more of a pop rather than a “big bang,” analysts say. Announcing the changes on Thursday as part of the Jokowi administration’s 10th economic stimulus ...

The financial crisis of 2008 was the worst in three-quarters of a century, but thanks to timely interventions from Washington, the US avoided an economic crisis on the scale of the Great Depression. That’s the standard line, and I think it’s mostly right (although the story’s different in Europe). But what about the Panic of 1893? How has the US ...

There were two Republican debates on Saturday night, just as there are two Republican nomination battles right now. One of them is the reality TV show, starring Donald Trump. That one is amazingly entertaining, although it has less to do with how to govern the nation than “The Bachelor” has to do with real love and romance. Trump lies: No ...

Bloomberg Humanity is engaged in a high-stakes race with its own growth: Lest our use of energy and materials get out of control, we must constantly innovate to become more efficient. Unfortunately, new research suggests we may be losing. The rapid advancement of electronics technology illustrates how the race works. The number of transistors in the world’s devices has gone ...

LOS BANOS / AFP Rice-growing techniques learned through thousands of years of trial and error are about to be turbocharged with DNA technology in a breakthrough hailed by scientists as a potential second “green revolution”. Over the next few years farmers are expected to have new genome sequencing technology at their disposal, helping to offset a myriad of problems that ...

We have a candour deficit President Obama last week submitted his $4 trillion 2017 budget, using the occasion for self-congratulation. Deficits are down. Employment is up. He plugged proposals to improve cyber-security, early childhood education and “clean” energy. All this is routine political advertising. What’s missing is candor and context. We now have a government that’s doing less and costing ...

While improving the overall infrastructure nationwide which is giving a boost to the healthcare sector, the UAE has been wooing more visitors, including medical tourists who visit the country to spend their holidays and receive medical treatment as well. The UAE has turned into a hub for medical tourism and it has worked very hard to achieve this status. Both ...

President Barack Obama’s proposal this week for a $10-a-barrel tax on oil, which has been overwhelmingly rejected by Republicans, could make it easier for the next president to pass a carbon tax — by demonstrating how not to go about it. Obama made three mistakes. First, he targeted a single industry, and one that many Americans believe he doesn’t like. ...