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July, 29, 2016

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Business > Americas
The rate of entrepreneurship in the U.S. rose last year, ending a decline that began in 2010, according to a study by the Kauffman Foundation, which researches entrepreneurship.
 
The U.S. newspaper industry has shed more than half its jobs since 1990, losses which have only been partly offset by gains in online media.
 
Federal Reserve Chair Janet Yellen went out of her way Monday to stress that the U.S. economy appears fundamentally solid.
 
Rio gets new light rail trains pre-Olympics
Rio de Janeiro Mayor Eduardo Paes on Sunday inaugurated a light rail transport system just ahead of the Olympic Games, and was met by demonstrators who oppose heavy Games spending and Brazil's interim government.
 
The U.S. government, in a first, is preparing to approve a private commercial space mission beyond the Earth's orbit, the Wall Street Journal has reported.
 
Two state-of-the-art airport towers due to go into operation this fall in San Francisco and Las Vegas will first need extensive remodeling to make room for technology that dates backs to the early days of air traffic control, according to union officials.
 
Madonna on Thursday triumphed in a copyright case concerning her song "Vogue," in a victory for artists seeking to use samples.
 
A U.S. hedge fund took legal action Thursday to force the government of Peru to pay off US$1.6 billion worth of defaulted bonds issued by the country's former military regime.
 
Brazil's GDP shrinks 0.3% in Q1, a slight improvement over forecasts
Brazil's economy shrank 0.3 percent in the first quarter of 2016, officials said Wednesday, in a slightly better than expected performance, but far from lifting the deep gloom over Latin America's economic powerhouse.
 
U.S. car buyers are tapping the brakes. Sales of cars, trucks and SUVs fell 6 percent last month, to 1.54 million, according to AutoData Corp. It was the biggest monthly drop in nearly six years. The decline was unusual for May, a month when Americans typically buy cars ahead of summer road trips.
 
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