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News & Updates

July 2, 2018 China's new tariff cuts take effect, to help increase imports

Source: Straits Times

BEIJING - China on Sunday (July 1) introduced huge new tariff cuts covering consumer goods and automobiles, to help increase imports.

July 2, 2018 Facebook reveals data-sharing partnerships, ties to Chinese firms in 700-page document dump

Source: The Hill

Facebook revealed to Congress late Friday that it shared user data with 52 hardware and software-making companies, including some Chinese firm

June 29, 2018 Can Trump Counter Soaring Gasoline Prices?

Source: Oilprice.com

Oil prices surged to their highest level in more than three years on Thursday, as the number and volume of supply outages continues to rise. The odds of a significant shortfall in supply are also growing by the day.

June 29, 2018 US first-quarter growth slowed more than estimated, weighed down by the weakest consumer spending in nearly 5 years

Source: CNBC

The U.S. economy slowed more than previously estimated in the first quarter amid the weakest performance in consumer spending in nearly five years, but growth appears to have since regained momentum on the back of a robust labor...

June 29, 2018 Visa, Mastercard close to settling issues over card-swipe fees: WSJ

Source: Reuters

Visa Inc (V.N) and Mastercard Inc (MA.N) are close to settling a long-running antitrust lawsuit with merchants over the fees they pay when they accept card payments, the Wall Street Journal reported on Thursday, citing people...

June 29, 2018 Lawsuit alleges Hormel, other companies, illegally inflated pork prices

Source: Star Tribune

Consumers in Minnesota brought a class-action lawsuit against the nation's largest pork producers, saying that a data services firm provided information that allowed them to fix prices.

June 29, 2018 Brexit Britain’s dash for growth will be a disaster for the environment

Source: The Guardian

Many of those MPs who marched through the lobbies to vote in favour of expanding Heathrow this week – Labour parliamentarians among them – will speak eloquently, if pushed, about the threat of climate change. Unfortunately their...

June 29, 2018 Foxconn breaking ground on Wisconsin plant it received $4 billion to build

Source: CNN

Taiwanese electronics manufacturer Foxconn breaks ground on a new plant in Wisconsin Thursday after receiving a controversial $4 billion package of tax breaks and other incentives to build there.

June 29, 2018 U.S. charges hundreds in major health care fraud, opioid crackdown

Source: NBC News

The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in health care frauds that resulted in over $2 billion in losses and contributed to the nation's opioid epidemic in...

June 29, 2018 A new data breach may have exposed personal information of almost every American adult

Source: MarketWatch

Wired reported Wednesday that Exactis, a Palm Coast, Fla.-based marketing and data-aggregation company, had exposed a database containing almost 2 terabytes of data, containing nearly 340 million individual records, on a public...

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