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Govt can’t let smartphones be ‘black boxes’, Obama says

TEXAS / Bloomberg President Barack Obama said that smartphones — like the iPhone the FBI is trying to force Apple Inc. to help it hack — can’t be allowed to be “black boxes,” inaccessible to the government. The technology industry, he said, should work with the government instead of leaving the issue to Congress. “You cannot take an absolutist view ...

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Peru’s Sol surges the most as investors cover shorts

Bloomberg Peru’s sol surged the most in almost seven years as a rally in emerging-market currencies erased its losses for this year and prompted traders who had wagered on declines to reverse their bets. The sol rose 2.1 percent to 3.354 per dollar at the close of trading in Lima, its biggest one-day advance since May 2009, according to Datatec ...

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Canada unemployment up 7.3%, 2,300 jobs lost

Ottawa / AFP The Canadian economy lost 2,300 jobs in February, with fresh losses in the oil-producing provinces raising unemployment to 7.3 percent, the highest level seen in three years, official data showed Friday. The results fell short of analysts’ expectations of 10,000 new jobs and unemployment holding steady at 7.2 percent. Although there was a slight increase in the ...

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