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Reading News That Matters
Reading News That Matters
Half a million washing machines in UK homes are to be recalled, plunging manufacturer Whirlpool into a fresh saga over dangerous appliances. The machines, branded as Hotpoint or Indesit, were sold for more than five years, but their door locking…
Plane maker will halt production of grounded jetliner involved in two fatal crashes Boeing Co. said it would suspend production of its 737 MAX jetliner, in an escalation of the crisis facing the giant plane maker that will ripple through…
The world may be shifting toward renewable energy, but the pace isn’t fast enough to offset the impacts of worldwide economic expansion and a growing population, the International Energy Agency (IEA) warned. In its World Energy Outlook 2019 report, released…
The global economy, weighed down by tensions that have stalled international trade and elevated uncertainty, is expected to see slower growth in the next half decade across a wide swath of economies. China’s growth rate is expected to continue to…
In an internal webcast hours after the shared-workspace provider delayed its stock-market listing, Neumann said he had lessons to learn about running a public company, according to the Financial Times. He also voiced regret over how the listing process was…
Conservative billionaire David Koch, who became a household name through the policy and political empire he created with his older brother, Charles, has died. He was 79. “It is with a heavy heart that I announce the passing of my…
There is no shortage of scientists constantly making thorough research in the field of anti-aging and searching for the key mechanisms behind the process and new ways to apply some breaks on it. This line of inquiry has turned up…
Gunmen in Brazil have stolen 750kg (1,650lbs) of gold estimated to be worth at least $30m (£24m). A group of armed men stole a haul of gold and other precious metals worth at least $30 million from a Brazilian airport…
As Renault board members prepared to meet on Tuesday to consider a merger with Fiat Chrysler, the French government was scrambling to ensure that it would have influence over a proposed tie-up that could significantly change the balance of power…
Uber and Lyft are worth a combined $84 billion after their massive initial public offerings this year, but that’s only a small fraction of what UBS estimates the global robo-taxi market can grow to by 2030. Current evidence tells us…
The trade war between the US and China has started to take its toll on one of the biggest chinese players in the tech industry: Huawei. But, chances are, they won’t “surrender” that easily. Why Huawei is not worried about…
Uber stock shifted into reverse Monday as investors grappled with how to value the money-losing, ride-hailing company on its first full day of trading. But have you heard the situation Lyft is going through? It seems that the second major…
Facebook is suing a South Korean firm it accuses of unlawfully using data to sell marketing and advertising. Facebook suing an analytics form for data misuse Facebook might have another Cambridge Analytica on its hands. In a late Friday news…
In the industry of shoes, 60% of consumers are wearing the wrong size. Not only is there a discrepancy among different styles of shoes (high heels to leather boots), sizing can often differ from brand to brand within one type…
German automaker Volkswagen saw its profit slip in the first quarter as the company set aside 1 billion euros ($1.1 billion) for legal risks related to its 2015 diesel scandal. Earnings before interest and taxes (EBIT) fell to 3.9 billion…
Shares in online scrapbook company Pinterest surged more than 28% on its first day of trading, valuing the firm at about $16bn (£12bn). The shares opened in New York at $23.75, well ahead of the $19 they were priced at,…
Sears is suing former CEO and current Chairman Edward Lampert, claiming he and other company officials made billions off the failing retailer as it slid into a “death spiral” that ended in bankruptcy. The suit alleges Lampert and the other…
Martin Winterkorn among five managers charged by prosecutors Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen chief executive Martin Winterkorn in connection with the carmaker’s manipulation of diesel emissions testing.…
Fiat Chrysler grabbed the spotlight this week in the M&A rumor mill and some car makers have already announced that they wish to make the merger. Wall Street Journal revealed that French automaker Peugeot approached Fiat Chrysler Automobiles (FCA) about…
“This is a promising line of research because omega-3 fatty acids are thought to improve brain health in children and adults.” A new report shows that children who took omega-3 supplements as part of a year-long study behaved better than…