Bloomberg Daimler AG will start selling a heavy-duty truck in the US this year that’s able to brake, accelerate and steer at all speeds on its own. This will coincide with the planned launch of electric-car leader Tesla Inc’s Semi truck, which will stoke competition at a time when demand in North America is forecast to soften. Taking the next ...
Read More »Kim visits China in push against Trump sanctions
Bloomberg Kim Jong-un is making his fourth visit to China, in a sign that the North Korean leader is seeking Chinese President Xi Jinping’s counsel ahead of a possible second summit with Donald Trump. Kim left Pyongyang on January 7 for a visit slated to end on Thursday, North Korean and Chinese state media reported. Kim was invited by Xi ...
Read More »White House pressure ended protection for Haitians, says lawyer
Bloomberg Elaine Duke was up against a deadline to extend Temporary Protected Status for 50,000 Haitians in the US and was inclined to do so, after repeated renewals since a massive earthquake in 2010 and a subsequent cholera outbreak devastated Haiti. But after John Kelly, then White House chief of staff, convened a meeting on November 3, 2017, Duke, the ...
Read More »Syria sanctions bill in Senate could stall over shutdown
Bloomberg An effort in the Senate to force President Donald Trump to impose new sanctions on Syria is getting caught up in the stalemate over the partial US government shutdown as top Democrats said they’d move to block any legislation that doesn’t reopen the government. The Senate was planning a procedural vote on Tuesday on the Middle East policy package, ...
Read More »Orban risks first union strike since 1989
Bloomberg Bolstered by a wave of nationwide protests, Hungary’s labour unions are mulling whether to hold their first general strike since the 1989 fall of the Iron Curtain. Industrial workers were among the more than 10,000 people braved freezing weather in Budapest over the weekend to demand Prime Minister Viktor Orban’s government repeal a new law allowing companies to ask ...
Read More »Modi’s ouster of CBI chief rejected by court
Bloomberg India’s Supreme Court overturned the federal government’s decision to oust the chief of the country’s top investigative agency in a blow to PM Narendra Modi just months before he seeks re-election. The government in October removed Central Bureau of Investigation’s (CBI) director Alok Verma and special director Rakesh Asthana after their rift — involving corruption allegations against each other ...
Read More »How US, Russia and China are managing cyberwar
In cyberspace, conflict is the norm when it comes to nation-states. Russia’s malware shows up on US power grids, and its online trolls try to influence elections. China, meanwhile, steals the personal data and intellectual property of leading American corporations. The US, for its part, has its hackers on a war footing. So it may seem the prospects for dialogue ...
Read More »Stocks matter, even for bond traders
Federal Reserve Chairman Jerome Powell finally decided that the stock market’s tantrum over the past month was too noisy to ignore. Traders bemoaned the fact that Powell considered the central bank’s balance-sheet runoff to be on “automatic pilot.†So he softened his tone on January 4 during a panel at an American Economic Association meeting in Atlanta, saying policy makers ...
Read More »flyby is a victory for unmanned missions
Some likened it to a snowman. Others to a peanut. Still others to an embryonic dinosaur. Ultima Thule, a mottled and malformed space rock at the farthest edge of the solar system, got its first close-up photos this week thanks to Nasa’s New Horizons mission. They offered a glimpse of the most distant object ever visited by man-made machinery — ...
Read More »US trade negotiators can help China get to yes
The damage caused by President Trump’s trade fight with China has spread farther and faster than many expected. Factories in China and the US have seen orders slump. American farmers are hurting. A collapse in Chinese demand for iPhones knocked nearly $75 billion off Apple Inc.’s market cap in a single day. Slower growth just prompted China’s central bank to ...
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