• Business

US sees record 4.3 million workers quit jobs in August: Hiring falls

U.S. 10/13/21, 05:30

A record number of U.S. workers decided to quit their jobs last month though the economy has been reopening from the earlier pandemic-related lockdown. The U.S. Bureau of Labor Statistics released a report on Tuesday, Oct. 12, showing that 4.3 million Americans left their jobs in August, a record high. In August, ...

Europe scrutinizes China’s surveillance cameras over security risks

Europe 10/11/21, 17:28

China’s surveillance technology company Hikvision is facing fresh scrutiny in Europe, where its high-tech cameras are criticized for posing security risks. According to Politico, a security researcher has found a glitch in Hikvision's cameras that "permits an attacker to gain full control of the device," and concluded that the products had "the highest ...

US companies should declare human rights practises in China says Sen. Rubio

U.S. 10/10/21, 22:07

A Republican from Florida urged a federal anti-market manipulation agency to crack down on enterprises that fail to declare their civil rights compliance on Oct. 7. Sen. Marco Rubio questioned the U.S. Securities and Exchange Commission (SEC) for requiring companies to disclose environmental, social, and governance (ESG) performance without also demanding ...

Top American elites now own more assets than entire middle class

U.S. 10/10/21, 21:21

The middle class now holds a smaller share of U.S. assets than the top 1% of wealthiest Americans. The middle class, often defined as 60% of U.S. households in the middle of all income brackets, saw their combined assets fall to 26.6% of national wealth as of June 2021, the lowest ...

The far-reaching impact of the global energy crisis

U.S. 10/10/21, 05:47

The sudden energy crisis strains supply networks and geopolitics as the global economy recovers from the COVID-19 outbreak. A particularly severe winter in Europe depleted the continent's energy supplies, as well as a series of hurricanes that shut down Gulf oil refineries, deteriorating relations between China and Australia, and less wind ...

Leonardo DiCaprio and Ashton Kutcher invest in lab-grown meat industry

News 10/09/21, 16:32

It seems that the lab-grown meat industry is an increasingly attractive business for Hollywood celebrities. Recently, actors Leonardo DiCaprio and Ashton Kutcher invested money in companies dedicated to producing artificial meat intended to replace real meat. Kutcher and Israeli manager and writer Guy Oseary lead a group that includes other showbiz ...

Facebook, Instagram suffer the second outage in a week: Apologize to users

World 10/09/21, 05:41

Facebook and its family of apps, including Instagram, WhatsApp and Messenger, went down for many users on Friday, Oct. 8, marking their second outage in a week. Web monitoring group DownDetector showed that nearly 3,000 people reported outages on Facebook and more than 33,000 people reported the issues with Instagram. Facebook Messenger was also affected, with ...