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Spiraling Virus Fears Are Causing Financial Carnage

[ad_1] There is nothing investors hate more than uncertainty. Right now, that is all there is. Uncertainty about the severity and duration of the coronavirus outbreak, ripping around the world at something like light speed. Uncertainty about how the global economy will fare as factories, airports, stores, schools, entire cities shut down. Uncertainty about the […]

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Boeing Faces $20 Million Fine by F.A.A.

[ad_1] The Federal Aviation Administration recommended on Friday that Boeing be fined nearly $20 million for installing equipment in the 737 Max and other aircraft before its approval. The announcement came hours after Democrats on the House Transportation Committee slammed both the company and the agency for failing to ensure the safety of the Max […]

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Truck Crashes Into an Easter Island Statue

[ad_1] The statues on Easter Island have stood for centuries, facing inland to watch over a community that reveres them as memorials of their ancestors. Made of volcanic rock, they have braved many challenges over the years: climate change, lichen growth, damage from livestock and the encroaching development of tourism. Add a runaway pickup truck […]

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Crisis Deepens in Tiny Guyana, the World’s Newest Petro State

[ad_1] CORRIVERTON, Guyana — Guyana, the world’s newest oil producer, hurtled deeper into political crisis on Friday, a day after the electoral authorities announced the government had won the most votes in the March 2 elections, overriding objections from judges, international observers and the opposition. Supporters of Guyana’s main opposition party blocked roads, burned tires […]

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South by Southwest Is Canceled as Coronavirus Fears Scuttle Festival

[ad_1] The 34th annual edition of South by Southwest, the sprawling festival of music, technology and film in Austin, Texas, that has become a highlight on the annual global cultural calendar, was canceled by city officials on Friday over fears about the rapid spread of coronavirus. Festival organizers and government officials had come under intense […]

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Oil Prices Nose-Dive as OPEC and Russia Fail to Reach a Deal

[ad_1] Oil prices plummeted on Friday after major producers failed to reach an agreement to reduce production, as concerns about coronavirus’s impact on the economy spread across the globe. The meeting was supposed to reflect Saudi Arabia’s deft management of an oversupply of oil on world markets. But Russia’s unwillingness to go along with a […]

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