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The business built on wasting people’s time

Tech entrepreneur Ray Chan has built a successful business out of wasting people's time. The Hong Kong businessman is the founder of 9GAG, a hugely popular online platform for sharing humorous GIFs, memes and videos. "We basically wanted to solve our own problem --...

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How companies change packaging without alienating customers

People cheered Starbucks' recent decision to ditch straws. But that's not always the reaction companies get when they introduce eco-friendly packaging. PepsiCo (PEP) unveiled a new biodegradable SunChip's bag in 2010 but had to retreat after customers complained that...

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China is making it harder to invest in Xiaomi

China isn't making life any easier for one of its leading smartphone makers. After a disappointing initial public offering last week, Xiaomi shares fell sharply Monday after mainland Chinese investors were denied the ability to buy into the company. The Shanghai and...

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US pledges $6 million in new aid for Venezuelan migrants

CUCUTA, Colombia –  Standing in the middle of a busy border bridge filled with thousands of Venezuelans lugging babies and suitcases, Mark Green said one element stood out in contrast to every other migration crisis he has witnessed. "This is the first one I've been...

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UN envoy: 1.1 billion people face risks from lack of cooling

UNITED NATIONS –  New data from 52 countries in hot climates reveals that over 1.1 billion people face "significant risks" from lack of access to cooling including death, a U.N. envoy said Monday. Rachel Kyte told a press conference that "millions of people die every...

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The Latest: Trump tweets US, Russia ‘must get along’

HELSINKI –  The Latest on President Donald Trump's summit with Russian President Vladimir Putin (all times local): 10:45 p.m. Facing withering bipartisan criticism over his refusal to publicly acknowledge Russian election meddling during his meeting with President...

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What’s next for Putin’s Russia after World Cup?

MOSCOW –  The World Cup soccer championship held here in Russia has been celebrated as a huge success, and President Vladimir Putin said he hoped the hospitality and openness on display here will have dispelled some of the "myths and prejudices" about the country. But...

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UN envoy says reforms needed to resume Libyan oil production

UNITED NATIONS –  The U.N. envoy for Libya said Monday he fears the recent agreement to resume oil production in the conflict-torn country will not hold unless two issues are speedily tackled — distribution of wealth and "endemic plundering of resources." Ghassan...

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8 Things You Need To Know From The Trump-Putin Presser

President Donald Trump met face-to-face with Russian President Vladimir Putin in Finland on Monday before a joint news conference that largely downplayed Russian interference in the 2016 election. The two leaders’ meeting comes three days after 12 Russian intelligence...

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