Report: Japan pushing for Trans-Pacific Partnership without US

Tokyo (dpa) – Japan is attempting to keep the stalled Trans-Pacific Partnership (TPP) trade agreement alive by pushing for a new deal without the United States, local media reported Saturday. Tokyo is currently trying to persuade the TPP’s other members to continue without the US and is planning a meeting

VW’s US chief defends open markets in face of Trump protectionism

New York (dpa) – The chief executive of Volkswagen’s North American operations defended free trade and open markets in the face of US President Donald Trump’s “America First” trade policy. “The openness of markets has been a guarantee of success for all producers in recent decades,” Hinrich Woebcken told dpa

Delta OKs offers of up to $9,950 to flyers who give up seats

ATLANTA — Delta is giving airport employees permission to offer passengers up to almost $10,000 in compensation to give up their seats on overbooked flights. Delta’s move comes as United Airlines struggles to recover from images of a passenger’s forced removal from a sold-out flight. The passenger, David Dao, was

The Whole US Energy Picture in a Single Chart (Almost)

(3BL Media/Justmeans) — Lawrence Livermore National Laboratory has released their annual US energy consumption chart (Click for larger image). Yes, it looks like spaghetti, but it contains a lot of useful information. It shows, on one page, how much energy we used in 2016, and specifically, what sources we got

N.J. considers $38.4M tax break for Atlantic City roller coaster

The company building an entertainment complex anchored by a massive a 350-foot vertical roller coaster in Atlantic City is seeking up to $38.4 million in state tax incentives for the project. The state’s Economic Development Authority listed the request by ACB Ownership for 27.8 percent of the total project costs

Journalism in the era of clickbait

In an age overwhelmed with clickbait stories, where clicks mean money, is mainstream journalism losing its relevance? And are there any alternative sustainable business models, which allow professional journalists the freedom to produce meaningful and balanced journalism? These were some of the questions put to a panel of TV and

Shanghai becomes world’s biggest trading city

Official figures are suggesting Shanghai is now the world’s largest international trading city due to the government’s measures to encourage and upgrade trade. Imports and exports through the city’s ports were nearly 6.9 trillion yuan ($1 trillion) last year, accounting for 28.3 percent of national value and 3 percent of

Maryland Passes Bill Aimed at Stopping Drug “Price Gouging”

A new piece of legislation aimed at stopping the “unconscionable” spikes in drug pricing has been passed with enthusiastic bipartisan support in Maryland. The bill, which was passed 38-7 in the Senate and 137-2 in the House of Representatives, would allow the state’s attorney general to seek legal action against

Kids’ clothing retailer Gymboree reportedly filing for bankruptcy

Children’s clothing retailer Gymboree Corp. is filing for bankruptcy, Bloomberg is reporting. The company has a looming June 1 interest payment on its debt — which amounts to more than $1 billion. Gymboree has about two dozen retail and outlet locations across New Jersey. Retail collapse: The 23 biggest chains