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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 19, 2016
Page
5
Mitsubishi president Tetsuro Aikawa resigns in Japan amid a widening mileage cheating row. The plant acknowledged false fuel economy figures may stretch back 25 years across its Japanese lineup. The move follows pressure for accountability in a long running corporate scandal.
Google CEO Sundar Pichai unveils Google Home Allo and Duo at the I O conference in Mountain View. The move aims to keep Google ahead of rivals Facebook Apple and Amazon as AI shapes everyday computing.
The Fed minutes show most policymakers favor a June rate increase if growth and inflation rebound, despite markets pricing a lower odds. With labor market gains and oil prices rising, officials see risk from global factors and the looming UK referendum, keeping June under consideration.
A two year NAS review finds genetically modified crops do not harm health though consumer fear remains. Despite broad safety data, non GMO labels now reach 21.2 billion in sales while awareness stays low. Thrive Market CEO worries about GMO insertion risks as buyers seek food purity.
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