Articles by admin

No Picture
Trading Ideas

Chinese authorities say Didi bears ‘unshirkable responsibility’ for passenger’s death

August 26, 2018 admin Comments Off on Chinese authorities say Didi bears ‘unshirkable responsibility’ for passenger’s death

China’s police and transport ministry said on Sunday the country’s largest ride-hailing firm Didi Chuxing had “unshirkable responsibility” for a ride-sharing passenger being raped and killed by a driver in the eastern city of Wenzhou. The company met with both ministries in Beijing and the nearby port city of Tianjin and ordered to carry out a complete reform of its platform to ensure safety standards, the official Xinhua news agency reported. A Didi representative said the company felt deeply responsible and would complete by Sept 1 a new compliance operation to be inspected by the ministries and the …read more […]

No Picture
Trading Ideas

8 people, 6 of them kids, killed in Chicago apartment fire

August 26, 2018 admin Comments Off on 8 people, 6 of them kids, killed in Chicago apartment fire

Eight people, including six children, were killed when a fire broke out early Sunday at a Chicago apartment, officials say. Two other people were hospitalized in very critical condition, Chicago Fire Department spokesman Larry Merritt said. Officials have not released the ages of the victims, but fire Commissioner Jose Santiago told reporters that one of the children who was killed was an infant. …read more […]

No Picture
Business News

Powell sets Fed’s course with data-based judgment

August 26, 2018 admin Comments Off on Powell sets Fed’s course with data-based judgment

Federal Reserve Chair Jerome Powell has begun putting his stamp on the U.S. central bank as someone who will rely more on data-informed judgment and less on some of the models and theoretical values that have shaped the Fed’s course in recent years but that Powell has said can be false guides.

…read more […]