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Case in Detroit Highlights Costs of 'Extra' Pension Payments

Case in Detroit Highlights Costs of 'Extra' Pension Payments | EconMatters | Scoop.it
The Detroit bankruptcy case highlights the costs of the practice — also used in New York City — of making extra payments to retirees.
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Chinese media brags on Weibo about 'Taiwan mountains' behind PLA warplanes 

Chinese media brags on Weibo about 'Taiwan mountains' behind PLA warplanes  | EconMatters | Scoop.it
Chinese media circles 'Taiwan mountains' on image from 'island encirclement patrol'.Chinese media brags on Weibo about 'cruising' around Taiwan and taking photos of its mountains undetected
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South Korea mulls all-out ban on Bitcoin transactions

South Korea mulls all-out ban on Bitcoin transactions | EconMatters | Scoop.it
South Korea is considering banning all kinds of cryptocurrency transactions in the country as a way to cool down the worldwide craze for digital currencies, the top financial regulator said Monday.
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Keystone Pipeline shut down after spilling nearly 800,000 litres of oil in U.S.

Keystone Pipeline shut down after spilling nearly 800,000 litres of oil in U.S. | EconMatters | Scoop.it
The pipeline from Hardisty, Alberta, to Cushing, Oklahoma, and to Wood River and Patoka in Illinois, has been shut down temporarily.
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Taiwan-made driverless cars ready to hit the road: developer

Taiwan-made driverless cars ready to hit the road: developer | EconMatters | Scoop.it
Taiwan's Automotive Research Testing Center (ARTC) is preparing to put driverless cars on the road, saying that it now has all the necessary technology to do so.
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ESPN Cuts About 2% of Its Workforce

ESPN Cuts About 2% of Its Workforce | EconMatters | Scoop.it
ESPN is firing about 150 people, eliminating about 2 percent of its workforce as subscriptions decline and costs rise for the rights to air live sporting events.
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Taiwan ranked 23rd in World Talent Report 2017 

Taiwan ranked 23rd in World Talent Report 2017  | EconMatters | Scoop.it
Taiwan ranked 23rd among 63 countries in the IMD World Talent Report 2017, but should reflect on deficient areas
.Taiwan is placed at 23, the same ranking as last year after adjustments, but lags behind Hong Kong (12) and Singapore (13) while staying ahead of Malaysia (28) and Japan (31) among Asian countries.
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U.S. Home Starts Reach Highest Level in a Year, Permits Rise

U.S. Home Starts Reach Highest Level in a Year, Permits Rise | EconMatters | Scoop.it
U.S. new-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South, government figures showed Friday. A pickup in permit applications for one- family dwellings indicates building will remain firm in coming months.
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Honda Recalls 800,000 Odyssey Minivans Linked to Injuries

Honda Recalls 800,000 Odyssey Minivans Linked to Injuries | EconMatters | Scoop.it
Honda Motor Co. is recalling about 800,000 of its Odyssey minivans in the U.S. after receiving 46 reports of injuries over faulty passenger seats.
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Taiwan to commission 12 anti-submarine aircraft next month

Taiwan to commission 12 anti-submarine aircraft next month | EconMatters | Scoop.it
Taiwan to commission 12 military aircraft acquired from US to boost its anti-submarine warfare capabilities
.Taiwan will hold a ceremony in December to commission 12 military aircraft acquired from the United States to boost its anti-submarine warfare capabilities.
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Supergirl Star Jeremy Jordan Says He’s Been Hospitalized After Eating Chipotle

Supergirl Star Jeremy Jordan Says He’s Been Hospitalized After Eating Chipotle | EconMatters | Scoop.it
The actor and singer says he started to feel ill after eating at the fast casual restaurant.
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US Congress drafts new ‘Taiwan Security Act’ as Trump meets Xi in Beijing 

US Congress drafts new ‘Taiwan Security Act’ as Trump meets Xi in Beijing  | EconMatters | Scoop.it
Two House Republicans unveil draft of Taiwan Security Act as counterbalance to China’s aggressiveness in region
.As Trump has started his state trip in Beijing, two House Republicans unveiled a draft Taiwan Security Act as a counterbalance to China’s increased aggressiveness in the region and influence over the White House, urging the government to “relinquish China’s unabated power to dictate U.S. foreign policy” at expense of Taiwan.
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Oil price rises to two-year high after Saudi Arabia purge

Oil price rises to two-year high after Saudi Arabia purge | EconMatters | Scoop.it
Markets push price up to $62 a barrel after anti-corruption purge by billionaire crown prince who backs prolonging oil production curbs
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Petrol prices to spike as oil hits two-year highs

Petrol prices to spike as oil hits two-year highs | EconMatters | Scoop.it
Oil has continued its run to the highest point in two years, with Brent Crude reaching $US62.07 ($81.10) on Sunday, as continued positive sentiments an
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Taiwan loses top spot to South Korea in semiconductor market 

Taiwan loses top spot to South Korea in semiconductor market  | EconMatters | Scoop.it
The Semiconductor Equipment Forecast reveals a new record high sale in 2017 with Korea at top.TAIPEI (Taiwan News) – Taiwan is losing its status as the world’s largest semiconductor manufacturing equipment market to its long-time rival South Korea in 2017 and is expected to be overtaken by China in the following year, according to an authoritative industry report.
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Oil Prices Climb as Key Pipeline Shuts Down for Repair -- Update

Oil Prices Climb as Key Pipeline Shuts Down for Repair -- Update, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar
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148 cases of iPhone X scams on Facebook in 1 week 

148 cases of iPhone X scams on Facebook in 1 week  | EconMatters | Scoop.it
Beware of cyber swindlers peddling fake iPhone X on Facebook
.The Criminal Investigation Bureau reported 148 cases of fraudulent iPhone X's sold on Facebook over a one week period.
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OPEC Is Said to Agree on Oil-Cuts Extension to End of 2018

OPEC Is Said to Agree on Oil-Cuts Extension to End of 2018 | EconMatters | Scoop.it
OPEC agreed to extend its oil-production cuts to the end of next year as the job of rebalancing the market is not yet done, according to delegates at a ministerial meeting in Vienna.
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FANG's $60 Billion Wipeout Is Most in One Day Since Facebook IPO

FANG's $60 Billion Wipeout Is Most in One Day Since Facebook IPO | EconMatters | Scoop.it
The hit that FANG lovers are taking today may feel more painful than it looks.
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HP Enterprise CEO Meg Whitman steps down

HP Enterprise CEO Meg Whitman steps down | EconMatters | Scoop.it
Hewlett Packard Enterprise Co said on Tuesday that Meg Whitman was stepping down as chief executive officer.
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Malcolm Young, AC/DC Founder Who Rocked to the Top, Dies at 64

Malcolm Young, AC/DC Founder Who Rocked to the Top, Dies at 64 | EconMatters | Scoop.it
Malcolm Young, the AC/DC founder whose driving guitar rhythms and musical direction helped the Scottish-Australian band earn a place among the most successful in rock history with albums such as “Back in Black” and “Highway to Hell,” has died. He was 64.
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Comcast has approached 21st Century Fox about buying major assets, sources say

Comcast has approached 21st Century Fox about buying major assets, sources say | EconMatters | Scoop.it
Comcast has approached 21st Century Fox and expressed interest in an acquisition of some of Fox's assets, sources say.
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US puts on 3-carrier show of force for first time in decade

US puts on 3-carrier show of force for first time in decade | EconMatters | Scoop.it
Three US Navy aircraft carriers put on show of strength in the Western Pacific Ocean over the weekend, the first time three of the 100,000-ton behemoths have sailed together in a decade.
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In Growing Saudi Business, McKinsey Hired Government Officials’ Children and Relatives

In Growing Saudi Business, McKinsey Hired Government Officials’ Children and Relatives | EconMatters | Scoop.it
As McKinsey & Co. has advised Saudi Arabia’s government on an ambitious economic transformation, it has also hired at least eight relatives of high-ranking Saudi officials.
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Twitter is letting everybody tweet in 280 characters

Twitter is letting everybody tweet in 280 characters | EconMatters | Scoop.it
After a trial run, Twitter is officially doubling its signature 140-character limit. Meanwhile, larger issues remain.
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Qatar Airways buys 9.6% Cathay Pacific stake

Qatar Airways buys 9.6% Cathay Pacific stake | EconMatters | Scoop.it
The Middle Eastern airline will become the Hong Kong-based carrier's third largest shareholder.
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