Economy

Ex Petrobras Executive Jorge Zelada Sentenced to 12 Years in Brazil Prison

Authorities continue to investigate the huge scandal, which alleged that the state-owned company is ridden with bribery and corruption.

CDC Announces End of Chipotle E. Coli Outbreak

The United States Centers for Disease Control and Prevention announced on Monday that the two Shiga toxin-producing Escherichia coli outbreaks linked to Chipotle Mexican Grill, Inc. appear to be over. However, CDC officials were unable to determine the cause of the outbreak.

One Direction Loses Another Member as Harry Styles Goes Solo

It looks like February is going to be a tough month for One Direction fans as reports say that Harry Styles is no longer part of the famous British boy band and will soon be going solo.

Astrid y Gaston: Exploring One of Peru’s Finest Restaurants

Peruvian Chefs could create the most exotic and rich flavors perfect to satisfy every craving. Peru's capital, Lima, is slowly becoming the culinary capital of Latin America. And Astrid y Gaston is one of those Peruvian restaurants that really stands out.

World’s Top Chef Benoît Violier Found Dead

The 44-year old French Top Chef Benoît Violier was found lifeless in his apartment with a self-inflicted gunshot wound in Crissier, Switzerland, Sunday, Jan. 31. His cause of death was believed to be suicide.

Yahoo! CEO Marissa Mayer to Cut 1,600 Jobs, to Close Business Units

Yahoo! Chief Executive Mayer is expected to cut 1,600 jobs and several local and international business units or about 15 percent of the company's total workforce as part of its big cost-cutting plans.

Bolivia’s Lithium Dream Bound to Come True? Nation’s Lithium Potential Foreseen to Boost Economic Growth

Bolivia, Chile and China are three of the most notable countries in the world where the alkali metal lithium exists. And Bolivia has set to become a significant part in the development of green technology.

Nigeria Seeks $2.5 Billion Loan From World Bank

Nigeria has recently expressed its need to get a loan from the World Bank and the African Development Bank.

Google Testing 5G Gigabit Wireless Internet Beamed From a Solar Powered Drone in New Mexico

Forget "loony" weather balloons; Google is now testing the prospect of delivering high-speed gigabit Internet via solar-powered drones, if a recent report is accurate.

Diversity in STEM: Obama Announces $4 Billion 'Computer Science for All' Initiative

Over the weekend, President Obama announced he was pledging $4 billion in funding to boost computer science education in the nation's schools as part of the Computer Science for All Initiative.

Puerto Rico Debt Restructuring Plan Unveiled

The government of Puerto Rico on Feb. 1 released the details of its plan to restructure the commonwealth's massive debt and satisfy creditors' demands, but the island's creditors was questioned by one bond insurer.

Salvage Team Attempts to Save Modern Express Cargo

Modern Express cargo awaits team to tow the distressed ship in the middle of the French ocean. If the bad weather persists, the Panamanian cargo ship named "Modern Express" might hit the coast of France between Monday night and Tuesday morning the GCaptain reports.

Social Media Sunday: Facebook Takes on Periscope, Twitter Has Worst Week Ever

This week in social media, Facebook took on Periscope by opening up live streaming on iPhone to everyone, while Twitter had one of its worst weeks ever. Meanwhile, Snapchat made it easier to add friends in an update to its app.

Man Arrested for Carrying Guns to Disneyland Paris

Disneyland Paris investigates a case of hand carried ammunition in one of its hotels. Disneyland Paris is yet to come out from another tribulation after a man was discovered carrying two guns while entering a hotel near the famous theme park.

A Bright, 'Starry' Future of Cheap, Ubiquitous Gigabit Internet? Maybe

Starry burst on the scene this week with a launch event headed by Chaitanya Kanojia, the founder of Aereo, who promised Starry would bring gigabit Internet to the masses -- by delivering it wirelessly.

Debt Talks Resume, Puerto Rico Presents New Offer

Puerto Rico will take the next step in efforts to resolve its fiscal crisis on Jan. 29 by presenting investors with an offer to swap existing bonds for two new types of securities.

Diversity in Tech: Dropbox's 2015 Report Shows Bits of Progress Among Mostly Static Figures

Dropbox finally dropped its diversity report for 2015, and like many other Silicon Valley companies, it shows that the company has slightly improved in some aspects, while declining in others. Here are the details.

Tambero: How This Software Helps ‘Disconnected Farmers Connect With Their Land’

Through the years, South America's dairy industries have improved and grown. Among its milk producing countries are Brazil, Argentina, Chile, Uruguay, Costa Rica and other Central American countries. With the industry's increasing demand, no wonder why Tambero Company is also gaining popularity. With its web-based global system for cattle management, it is indeed the perfect "buddy" for dairy farmers.

CELAC Summit Ends, Pledges Regional Unity on Zika, Economic Crisis and Peace

The fourth Summit of the Community of Latin American and Caribbean States (CELAC) ended Wednesday as delegates pledged regional unity to focus on the peace process in Colombia and fight the economic crisis and the epidemic caused by the Zika virus. The summit, which was recently held in Ecuador, was hosted by Ecuadorian President Rafael Correa.

FCC Chairman Wheeler Wants to Unleash Silicon Valley Innovation on Your Dusty Old Cable Box

Federal Communications Commission Chairman Tom Wheeler has a plan to transform cable television. No, it doesn't involve breaking up big monopolies like Comcast; Wheeler wants to transform the technology at the point where consumers interact with their cable television networks: by unlocking the cable box.