Category: News

Ingvar Kamprad, who founded Sweden's IKEA furniture brand and transformed it into a worldwide business empire, has died at the age of 91. Kamprad died Saturday of pneumonia in the southern Swedish region of Smaland where he grew up on a farm, and with some…

Why has Mumbai's largest slum, which packs some one million people in about two square kilometers, emerged as an unlikely stop for foreign tourists? The draw is not images of squalor and poverty in the heart of India's largest city, but a place where thriving…

U.S. President Donald Trump touted the continued growth of the U.S. economy on Sunday, saying it is "better than it has been in many decades." "Businesses are coming back to America like never before," Trump said in a Twitter remark, a likely theme of his…

Officials trying to settle differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the talks should continue, Steve Verheul, Canada's chief negotiator, told Reuters on Saturday. The United States, Canada and Mexico are due to…

In a surprise move, the U.S. Environmental Protection Agency reversed itself Friday and stopped the approval process for the proposed Pebble Mine copper and gold mine project in southwest Alaska’s Bristol Bay region. “It is my judgment at this time that any mining projects in…

President Donald Trump's "America First" policy on trade aims to reverse decades of lopsided exchange by withdrawing from international trade deals, renegotiating others and raising tariffs on foreign-made goods destined for the U.S. But, in a connected global economy, analysts warn the U.S. could find…

Alaska’s all-Republican congressional delegation three weeks ago praised Interior Secretary Ryan Zinke after he announced nearly all federal waters off the state’s coast could be offered for petroleum lease sales. But after hearing from critics who do not want drilling in their home waters, U.S.…

A U.S. trade commission on Friday handed an unexpected victory to Bombardier Inc. against Boeing Co., in a ruling that allows the Canadian company to sell its newest jets to U.S. airlines without heavy duties, sending Bombardier's shares up 15 percent. The U.S. International Trade Commission's unanimous decision was…

President Donald Trump has warned that the United States will no longer tolerate unfair trade practices and will always put America first in future trade deals. Giving the closing speech at the World Economic Forum in the Swiss resort of Davos on Friday, Trump lauded…

Around the world, an area larger than all of South America has been deforested, eroded, drained or salinized. A new report says there's money to be made restoring that land. VOA's Steve Baragona has more. ...

The U.S. economy likely maintained a brisk pace of growth in the fourth quarter, driven by an acceleration in consumer and business spending, which could set it on course to attain the Trump administration’s 3 percent annual growth target this year. Gross domestic product probably…

U.S. President Donald Trump has questioned whether peace talks between the Israelis and Palestinians will ever resume. He made the remarks in a meeting with Israeli Prime Minister Benjamin Netenyahu at the World Economic Forum in Davos, Switzerland, where he accused the Palestinians of disrespecting…

U.S. and Mexican unions will formally complain to the U.S. Labor Department on Thursday that Mexico continues to violate NAFTA’s weak labor standards, a move that they hope will persuade U.S. negotiators to push for stronger rules. The AFL-CIO told Reuters that it and Mexico’s…

Puerto Rico's governor submitted a revised fiscal plan overnight Thursday that estimates the U.S. Caribbean territory's economy will shrink by 11 percent and its population drop by nearly 8 percent next year. The proposal doesn't set aside any money to pay creditors in the next…

Gulf Arab officials used the World Economic Forum in Davos on Wednesday to slam Iran for what they said was its destabilizing behavior in the region, taking advantage of Tehran's conspicuous absence at the annual event. Iranian Foreign Minister Mohammad Javad Zarif had been a regular presence at…

Toys R Us, a nostalgic favorite even as many shoppers moved to Amazon and huge chains like Walmart, plans to close up to 182 stores, or about 20 percent of its U.S. locations. The company that once dominated toy sales in the U.S. has been…

Protesters have been pouring into the streets in several Swiss cities to express opposition to U.S. President Donald Trump's attendance at this week's World Economic Forum in Davos. Trump arrives Thursday in the Swiss ski resort and is slated to present his "America First" message…