Students in Cambridge, Mass., and Ramallah have created an app to track road quality. It turns out the roads around Cambridge are worse. Press Release Distribution Service
Mapping Potholes by Phone (the West Bank’s Roads Were Smoother)
Students in Cambridge, Mass., and Ramallah have created an app to track road quality. It turns out the roads around Cambridge are worse. Press Release Distribution Service
How Tech Taxes Became the World’s Hottest Economic Debate
A global push to tax the digital services of Silicon Valley giants has raised the specter of a new tariff war and added urgency to international talks. Press Release Distribution Service
China Poised to Buy More From U.S., at the Expense of U.S. Allies
The trade truce may have eased tensions between the world’s two largest economies, but European and Latin American officials are worried it will come at a cost. Press Release Distribution Service
They Changed the Way You Buy Your Basics
Founders of Dollar Shave Club, Warby Parker and other billion-dollar companies exploited giant rivals’ weaknesses — and really listened to their customers. Press Release Distribution Service
Climate Change Could Blow Up the Economy. Banks Aren’t Ready.
Like other central banks, the E.C.B., which met on Thursday, is scrambling to prepare for what a report warns could be a coming economic upheaval. Press Release Distribution Service
Equifax Breach Affected 147 Million, but Most Sit Out Settlement
A little more than 10 percent of consumers affected by the Equifax breach had made settlement claims as of Dec. 1. Press Release Distribution Service
Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal – sources
The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession and seal a wider pact, four sources familiar with the talks told Reuters. Press Release Distribution Service
Ericsson hit by higher 5G costs and weaker U.S. market
Sweden’s Ericsson warned it faced higher costs this year as it rolls out new 5G networks and was also hit by a temporary slowdown in its U.S. market, sending its shares 7% lower on Friday. After a number of lean years, Ericsson has been boosted by the roll-out of 5G, particularly in the United States,…
European stocks climb as economic data fuels growth hopes
European shares on Friday were set to post their first daily gain this week on signs of a recovery ahead for growth, with easing worries over the coronavirus outbreak in China also emboldening investors. Press Release Distribution Service
AmEx profit beats on strong U.S. holiday season spending
Credit card issuer American Express Co reported a fourth-quarter profit on Friday that beat analysts’ estimates, as more people used its cards for shopping and paying bills while a strong U.S. retail sales environment also helped. Press Release Distribution Service
Sale of Renk, MAN Energy Solutions depends on buyer: Volkswagen labor chief
Workers’ approval of a possible divestment of Volkswagen’s transmissions making unit Renk and MAN Energy Solutions depends on who the new owner will be, the carmaker’s labor chief said on Friday. Press Release Distribution Service
Bayer faces fourth U.S. Roundup cancer trial in Monsanto’s hometown
Bayer AG is set to face a fourth U.S. jury trial over allegations that its Roundup weed killer causes cancer, with four cancer patients in the hometown of its agricultural subsidiary Monsanto scheduled to begin making their case on Friday. Press Release Distribution Service
Bargain hunters fire up rally in cannabis stocks
Some cannabis stocks are seeing their prices surge as investors hunt for winners in the ashes of an industry shakeout that hammered share prices last year. Press Release Distribution Service
Bayer Shares up 2.3% on report about possible glyphosate settlement
Shares in seeds and pesticides maker Bayer opened 2.3% higher on Friday, driven by a report on a possible out-of-court settlement of a U.S. jury trial over allegations that its weed killer Roundup causes cancer. Press Release Distribution Service
SoftBank-backed CloudMinds slashes workforce amid cash burn: sources
SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its global workforce as it burns through cash after repeated attempts to list on the stock market, people familiar with the matter said. Press Release Distribution Service
Euro tumbles to seven-week lows as PMI data fails to excite FX bulls
The euro weakened to a seven-week low on Friday as lacklustre PMI data added to the broader market conviction that European central bank policymakers will maintain a loose monetary policy for the near future. Press Release Distribution Service
Oil falls below $62, heads for weekly loss on China virus concerns
Oil slipped below $62 a barrel on Friday and was heading for a weekly decline as concern that a virus in China may spread, curbing travel and oil demand, overshadowed supply cuts. Press Release Distribution Service
Italy watchdog launches non-compliance proceedings against Facebook
Italy’s competition watchdog has launched proceedings against Facebook for non-compliance with a previous request it had made regarding improper commercial practices in the group’s treatment of user data, the agency said on Friday. Press Release Distribution Service
Nestle teams up with Canadian plant-based ingredients makers
Food group Nestle has teamed up with Canadian plant-based food ingredient makers Burcon and Merit to speed up innovation in the fast-growing business segment, it said on Friday. Press Release Distribution Service
Exclusive: Trump to sign USMCA trade deal Wednesday at the White House – source
U.S. President Donald Trump will sign a trade pact between the United States, Mexico and Canada on Wednesday during a ceremony at the White House, an administration official told Reuters on Thursday. Press Release Distribution Service
U.S. extradition battle over Huawei’s Meng ends first phase but Canada court fight continues
The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four days, with lawyers for Meng challenging prosecution claims that her alleged actions are a crime in Canada. Press Release Distribution Service
