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Congress Reassures Nervous Zuckerberg They Won’t Actually Do Anything About This

Congress Reassures Nervous Zuckerberg They Won’t Actually Do Anything About This

Posted by | Apr 12, 2018 | , , |

WASHINGTON—In an effort to calm the uneasy tech mogul’s nerves during his congressional hearing Wednesday, members of the U.S. House of Representatives reassured Facebook CEO Mark Zuckerberg that they weren’t actually going to be doing anything about any of this. “Mr. Zuckerberg, the members of this committee have noticed you seem a little bit anxious today, so we just want to make sure you understand this is the last time you’ll ever have to deal with these kinds of questions,” said Rep. Kurt Schrader (D-OR), urging the 33-year-old billionaire not to sweat it, as his testimony was a mere...

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The US can’t back down against China

The US can’t back down against China

Posted by | Apr 11, 2018 | , , |

(CNN)Last Friday on “CNN Tonight,” Don Lemon half-jokingly said that after the Dow dropped due to fears of a trade war with China, he was afraid to look at his 401K. There’s no doubt that Wall Street hates any talk of tariffs and trade wars, as evidenced by the big tumble in stocks last week. I’m hardly a fan of them either, and there’s no one who wants a continued booming stock market more than I do (perhaps with the exception of Donald Trump). But today, there’s so much more at stake than the short-term fluctuation in stock values....

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N Korea-US talks: Pyongyang ‘ready to discuss’ nuclear programme

N Korea-US talks: Pyongyang ‘ready to discuss’ nuclear programme

Posted by | Apr 9, 2018 | , |

North Korea has promised the US it is ready to discuss the future of its nuclear arsenal when the two nations’ leaders meet, US officials say. Preparations for the summit have included secret, direct talks with North Korea, unnamed Trump administration sources said. US and North Korean intelligence officials are said to have spoken many times, and met in a third country. The unprecedented summit is slated to happen in May. It will be the first time a sitting US president has met the leader of North Korea. North Korea has already told South Korea it was prepared to...

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American Airlines Just Announced Some Really Bad News For Passengers (It Was Buried Inside the Good News)

American Airlines Just Announced Some Really Bad News For Passengers (It Was Buried Inside the Good News)

Posted by | Apr 9, 2018 | , |

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. American Airlines just announced it’s buying some new planes. Surely, then, passengers will be delighted that they’ll soon enjoy the giddiness of that new plane smell. Well, yes. And, oh, no. Let’s start with the good parts. American Airlines is replacing its older, more rickety Boeing 767 planes with 787 Dreamliners. This means, at least, that it’s not replacing them with something narrow-bodied and even more narrow-minded than your average CFO. But there were some other parts to this announcement...

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German van attack: ‘Suspect had mental health problems’

German van attack: ‘Suspect had mental health problems’

Posted by | Apr 9, 2018 | , |

The man suspected of carrying out a van attack in Muenster was a lone German who suffered mental health problems, the state interior minister has said. Authorities have searched four homes associated with the suspect, and said they have found “no clues” pointing to an extremist or political motive. Two people were killed when a van was driven into a restaurant terrace area of the west German city on Saturday. The 48-year-old driver shot and killed himself after hitting diners. He has been identified in German media as Jens R – prosecutors say he was known to police. In...

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