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May, 28, 2016

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Business > Americas
US consumer sentiment up in May to highest in nearly a year
Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes.
 
Donald Trump said Thursday that if he is elected U.S. president, he would support the Canadian Keystone oil pipeline project that was blocked by President Barack Obama on environmental grounds.
 
U.S. regulators are investigating whether Chinese steelmakers used stolen American trade secrets in a case that adds to tensions over accusations Beijing is flooding global markets with low-cost steel.
 
CEO pay climbs again, even as their stock prices don't
CEOs at the biggest companies got a 4.5 percent pay raise last year. That's almost double the typical American worker's, and a lot more than investors earned from owning their stocks -- a big fat zero.
 
Orders for long-lasting U.S. manufactured goods surged in April on strong demand for transportation equipment and a range of other products, but continued weakness in business spending plans suggested the manufacturing rout was far from over.
 
For the second year in a row, female CEOs earned more than their male counterparts and received bigger raises. But only a small sliver of the largest companies are run by women, and experts say gender parity at the top remains way off.
 
'Bourgeois' cult of beautiful bod grows in Cuba
Inside Armando Yera's gym, toned Cubans in tight spandex are pumping iron in front of mirrored walls and pedaling furiously on stationary bikes, a scene that looks more Miami than Havana.
 
Venezuela's minimum monthly salary is 15,051 bolivares, which a government subsidy for all workers bumps up to nearly 18,600 bolivares. But no matter how you cut it, it's barely enough to live on.
 
Brazil's new foreign minister shifts focus to trade
The arrival of a tough-talking foreign minister in Brazil marks a move away from the ideologically-driven diplomacy that raised tensions with the United States in the past decade and toward a big push on trade.
 
With most riders in 70 years,  NY subway on brink
The New York subway is the seventh busiest in the world and has its highest ridership in 70 years, increasing delays and forcing management to formulate a plan of salvation.
 
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