Acura MDX sport utility vehicles roll off the assembly line at a Honda plant in Lincoln, Ala., in May. Overseas investors have U.S. assets totaling nearly $4 trillion, including auto plants, banks and mines.
Originally published on Fri November 1, 2013 1:44 pm
When many Americans hear the word "globalization," they think: "jobs going overseas."
And sometimes it does mean just that.
But as globalization knits nations closer together, foreign companies increasingly are creating jobs in the United States, not luring them away. Despite the Great Recession, slow recovery and political dysfunction in Washington, the United States remains a top destination for the world's wealth.
Much of the world is turning hotter and dryer these days, and it's opening new doors for a water-saving cereal that's been called "the camel of crops": sorghum. In an odd twist, this old-fashioned crop even seems to be catching on among consumers who are looking for "ancient grains" that have been relatively untouched by modern agriculture.
Sorghum isn't nearly as famous as the big three of global agriculture: corn, rice and wheat. But maybe it should be. It's a plant for tough times, and tough places.
Hundreds take to the streets in Nairobi on Thursday, calling for justice for a 16-year-old girl dubbed "Liz," who was gang raped in rural Kenya. The men were caught by the police and let go after their punishment — cutting the grass at the police station.
The gang rape of a 16-year-old Kenyan schoolgirl — and the lack of punishment given to the alleged rapists — has sparked outrage in the country and beyond.
The attack was so violent it left the girl in a wheelchair with a severe back injury. She identified some of her attackers, who police apprehended — only to let go after they were ordered to cut the lawn at the police station.
In Ohio on Friday, a hearing in federal court could decide whether that state will become the first to use a particular cocktail of deadly drugs to execute an inmate. It's the latest chapter in what's become a troubled history of capital punishment in that state.
While Texas is far and away the busiest state in the nation for executions, Ohio is just seven spots behind it. It has carried out 52 executions since 1999 and three so far this year, with another one scheduled in two weeks. And that one, the execution of Ronald Phillips, could use a new drug cocktail.
Housing has been one of the bright spots in the economy this year. This week, a report showed that home prices in the top 20 cities continued their robust upward march in August. There are also far fewer foreclosure sales and other signs of distress in the market.
But the Federal Reserve expressed concern Wednesday about the slowing housing market. Pending home sales fell far more than expected. And housing experts are bracing for some volatility.
Batista appears with Brazilian President Dilma Rousseff during a ceremony in celebration of the start of oil production by OGX, Batista's oil and gas company, in 2012. The company filed for bankruptcy Wednesday.
Credit Sergio Moraes / Reuters/Landov
Brazilian billionaire Eike Batista gives a thumbs up in better days.
Originally published on Thu October 31, 2013 6:28 pm
A wrongful death verdict related to the 2007 shootings at Virginia Tech has been overturned after the Virginia Supreme Court found that school officials could not have foreseen that 32 people would die in an attack on its campus.
The ruling overturns the findings of a circuit court jury, which had said the school had not done enough to warn students and staff on campus of the threat posed by Seung-Hui Cho — specifically, during a gap of some two hours between attacks on April 16, 2007.
In Dallas Buyers Club, Jared Leto plays Rayon, a transgender woman who is HIV-positive and struggling with a drug habit. "I always saw Rayon as someone who wanted to live ... life as a woman, not just someone who enjoyed putting on women's clothing," Leto says.
Dallas Buyers Club is based on the story of Ron Woodroof, a rodeo cowboy and electrician, who was diagnosed as HIV-positive in 1985. With the latest drugs still in the trial phase, he was told he didn't have long to live. Without access to possibly life-prolonging drugs, he sought out alternative treatments in Mexico and smuggled those drugs into the U.S., forming a buyers club for fellow HIV patients.