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Northern Star

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Asian markets mixed: Japan skids; China helped by rate cut

By ELAINE KURTENBACH | February 16, 2020

BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to...

Hungary’s Orban warns about climate crisis, slow EU growth

By PABLO GORONDI | February 16, 2020

BUDAPEST, Hungary (AP) — Hungary’s prime minister on Sunday declared the past decade as the most successful of Hungary’s past century, but also said the country was threatened by the climate crisis, continuing population decline and “sinister...

Virginia emerges as South’s progressive leader under Dems

By ALAN SUDERMAN and SARAH RANKIN | February 15, 2020

RICHMOND, Va. (AP) — In a state once synonymous with the Old South, Democrats are using their newfound legislative control to refashion Virginia as the region's progressive leader on racial, social and economic issues. Lawmakers are on the verge of...

New virus cases fall; WHO says China bought the world time

By YANAN WANG | February 15, 2020

BEIJING (AP) — China reported 143 virus deaths and a dip in new cases Saturday while the head of the World Health Organization praised the country's efforts to contain the new disease, saying they have "bought the world time" and that other nations...

Trump’s $1.5B uranium bailout triggers rush of mining plans

By BRADY McCOMBS and ELLEN KNICKMEYER | February 14, 2020

SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside...

US stocks post small gains, major indexes up for the week

By ALEX VEIGA | February 14, 2020

Wall Street closed out a wobbly day of trading Friday with the major stock indexes notching their second straight weekly gain.The S&P 500 and Nasdaq eked out tiny gains, good enough to nudge each to an all-time high for the fourth time this week....

EU chief unveils budget plan setting scene for tense summit

By LORNE COOK | February 14, 2020

BRUSSELS (AP) — The European Council president unveiled Friday his proposal for the EU’s next long-term budget, but the figure falls far short of the demands of Europe’s parliament, which must ratify the spending package, setting the scene for tense...

Negative interest rates turn saving, borrowing upside down

By DAVID McHUGH and CHRISTOPHER RUGABER | February 14, 2020

FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest.Welcome to the upside-down world of ultra-low and negative interest rates...

The Latest: Hong Kong announces anti-virus funds

February 14, 2020

BEIJING (AP) — The Latest on a new virus that originated in China (all times local):8 p.m.Hong Kong’s leader unveiled a 25 billion Hong Kong dollar ($3.2 billion) fund on Friday to bolster efforts to fight the virus outbreak, as the city announced...

2020 Democrats step up attacks to blunt Bloomberg’s rise

By WILL WEISSERT and ALAN FRAM | February 14, 2020

WASHINGTON (AP) — Democratic presidential candidates hoping to revive their flagging campaigns increasingly took aim at Mike Bloomberg, blasting their billionaire rival for trying to buy his way into the White House and raising questions about his commitment...

US brings new charges against Chinese tech giant Huawei

By ERIC TUCKER | February 14, 2020

WASHINGTON (AP) — The U.S. Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America, federal prosecutors...

Gold panning in northern Mali may be benefiting extremists

By BABA AHMED | February 14, 2020

KIDAL, Mali (AP) — A gold rush is underway in an area of northern Mali where al-Qaida-linked fighters are active, raising concerns that profits from artisanal mining could benefit not only the local economy but also Islamic extremists.A coalition of...