Category Archives: CNN – Business

The Hang Seng is having its worst day in nearly two months

The Hang Seng is having its worst day in nearly two months

Hong Kong stocks are having their worst day in nearly two months. The city’s benchmark Hang Seng Index fell as much as 1.9% after Moody’s downgraded the city’s credit rating, citing the “absence of effective response and lack of clarity” on how the government plans to address political and economic concerns. The city has been…MORE

Huawei’s big week in court kicks off with extradition hearing in Vancouver

Huawei’s big week in court kicks off with extradition hearing in Vancouver

Meng Wanzhou, Huawei’s chief financial officer, arrived in a packed courthouse in Vancouver, British Columbia, Monday morning for a hearing that could determine whether she is extradited from Canada to stand trial in the United States on charges of bank fraud and sanctions violations. The hearing comes just over a year after Meng’s arrest in…MORE

You won’t be flying on a 737 Max anytime soon

You won’t be flying on a 737 Max anytime soon

No one knows when the Boeing 737 Max will return to service. But it won’t be any time soon. Boeing eagerly awaits the US Federal Aviation Administration’s approval to allow the grounded plane to fly again. But the FAA refuses to provide a specific timeframe, saying only that it will make a decision sometime this…MORE

IBM must show restless investors that its cloud strategy is working

IBM must show restless investors that its cloud strategy is working

IBM may be one of the most iconic American technology companies, but Wall Street no longer views Big Blue as an innovator in a tech landscape dominated by the likes of Amazon, Apple and Google owner Alphabet. Shares of IBM have fallen 12% in the past five years, as stocks of software giants like Microsoft…MORE

The American Dream is much easier to achieve in Canada

The American Dream is much easier to achieve in Canada

If you’re born in the United States, having wealthy parents matters a great deal to your chances of success, according to a new report. Individuals born into poorer families have a better chance of owning a home, getting a good education and experiencing a better life than their parents if they are born in Canada…MORE

Studio Ghibli films are coming to Netflix, but not in North America or Japan

Studio Ghibli films are coming to Netflix, but not in North America or Japan

The entire Studio Ghibli filmography will find a new home on Netflix — except in the US, Canada and Japan. Starting February 1, all 21 of the renowned Japanese animation studio’s films will premiere on the platform in much of the world, the streaming service announced. They’ll be subtitled in 28 languages and dubbed in…MORE

IMF finds new reasons to worry about the global economy

IMF finds new reasons to worry about the global economy

The global economy is expected to pick up this year — but the International Monetary Fund is less optimistic about the recovery than it was a few months ago. The group said Monday that weaknesses in emerging markets, such as India, and growing social unrest had caused it to downgrade its forecast for economic growth…MORE

BBC Director General Tony Hall to stand down

BBC Director General Tony Hall to stand down

The BBC’s Director General Tony Hall will stand down in the summer, the British broadcaster announced on Monday. In a message to staff announcing his decision, Hall explained he would leave in order to allow a new leadership team to steer the organization through a mid-term review in 2022 of the BBC’s charter, which expires…MORE

Blogs

When the “Victims” Strike Back

A lot of terms were used to describe the man that opened fire on Republicans members of Congress at their baseball practice in Alexandria, Virginia on Wednesday.  “Bernie Sanders supporter”, “left wing extremist”, “disturbed”, and “troubled” were the most common used by those investigating the matter, those who were among the targets and those who…

Less Than Compelling

Usually us curmudgeons like to go on and on about how sports, music and movies were better in “our day”.  I think that you can add Congressional hearings to that list as well.  That’s what I was thinking during both the James Comey and Attorney General Jeff Sessions testimony the last couple of weeks.  While…

Un-settling the Science

While James Comey was sucking up all the oxygen in the room, there was a pretty major science announcement last week.  It turns out that the human species might be much older than we originally thought.  Fossils found in Morocco place our earliest ancestors on the planet as far back as 350-thousand years ago.  Until…

Open Week

Welcome to US Open week here in Wisconsin.  Many of you will be venturing down to Erin (or Hartford or Richfield–I’ve seen all three used to describe the location of the course in stories) for practice rounds the next three days–or for the competitive rounds Thursday through Sunday (and possibly Monday–more on that later).  Here…