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Robinhood users have been scooping up Tesla's plunging stock
Business Insider - 2019-05-23
The Robinhood trading app, an app popular among younger investors, reported an increase in the numnber of users holding Tesla shares despite the stock's plunging price. Accounts holding Tesla increased by 4% over the past week to 156,00 from 150,000.

Index ends 4-day climb, slides on profit taking
philstar.com - 2019-05-23
MANILA, Philippines -- The stock market corrected yesterday after four straight days of rally, closing 11.04 points lower at 7,804.03. Likewise, the broader All Shares gauge was also down by 12.59 points, or 0.26 percent, to finish at 4,809.26. Most ...

Depression: Esketamine trial leaves 'more questions than answers'
Medical News Today - 2019-05-23
A phase 3 clinical trial testing esketamine nasal spray in the treatment of severe depression found the spray mostly safe and effective. The findings led to the recent FDA approval of this treatment. Despite this, other researchers caution that "more ...

Why WeWork Could Be the Star Of 2019's IPO Class
International Business Times - 2019-05-23
WeWork hasn't even gone public yet, but the start-up is already one of the most controversial companies out there. Now valued at $47 billion, the 9-year-old office-sharing juggernaut has inspired plenty of skepticism about its valuation, as well as basic ...

Five global trends and association events
BusinessMirror - 2019-05-23
Business events will need to move past reactive adjustments to adopt a proactive approach to personalize experiences, understanding the needs of participants before they arrive at the event.

Hot money outflow hits $299 M in April
philstar.com - 2019-05-23
MANILA, Philippines -- More foreign portfolio investments or speculative funds exited the Philippines for the second straight month as net outflow reached $298.8 million in April, reversing the $279.29 million net inflow recorded in the same month last ...

Officials: Travelers may have caught measles at DFW Airport
Upi.com - 2019-05-23
May 23 (UPI) --As the United States deals with its most severe measles outbreak in a quarter-century, officials at one of the nation's busiest airports said Thursday travelers there may have been exposed the disease this month. Tarrant County Public Health ...

New treatment lowers bad cholesterol in heart attack patients, study says
Upi.com - 2019-05-23
May 23 (UPI) --A new treatment might be able to remove "bad cholesterol" from the blood in a matter of hours, a recent study says. Within two to three hours, a procedure known as LDL apheresis drove down the LDL cholesterol levels of heart attack patients ...

Epson to cater to B2B market to help sustain growth this year
BusinessMirror - 2019-05-23
BORACAY, Aklan--Epson Philippines Corp. (EPC) plans to cater more to the business-to-business (B2B) market as it seeks to continuously expand by double digits this year. "We posted a 20-percent ...

Daily Self Weigh-in and Tracking Prevents Holiday Excess
Medscape - 2019-05-23
People who weighed themselves daily and tracked fluctuations via an app avoided weight gain over the holiday season compared with those who didn't monitor themselves in this way, show the results of the first randomized controlled trial (RCT) of its kind.

Psychedelic Cuts Cravings, Consumption in Alcohol Use Disorder
Medscape - 2019-05-23
SAN FRANCISCO -- Just two doses of the psychedelic drug psilocybin, taken over a period of 8 weeks, significantly reduced alcohol use and cravings in patients with alcohol use disorder, preliminary findings show. In the first study to use modern clinical ...

TUCP lauds passage of 'anti-endo' bill in Senate, expresses 'fear' over Finance chief's opposition
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The biggest group of labor federations in the country is in praise of the Senate for approving a bill seeking to strengthen workers' security of tenure ...

Mandatory ROTC should be reimposed at college level, not senior high - experts
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The mandatory Reserve Officers Training Corps (ROTC) program should be revived at the tertiary or college level instead of senior high school, experts ...

Imee Marcos on historical revisionism: It's our duty to tell our side of the story
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Amid accusations of historical revisionism, Senator-elect Imee Marcos says it is the duty of her family now to tell "their side of the story" on her ...

PHL IT workers skilled in basics, developing capability seen key
BusinessWorld - 2019-05-23
Information Technology and Business Process Association of the Philippines (IBPAP) Board Trustee Jonathan D. de Luzuriaga said the Philippines has a sizeable workforce with basic capabilities who need to advance their skills in order to keep up with ASEAN ...

Fed: Labor may finally win out over inflation
BusinessWorld - 2019-05-23
Before coming to the Fed last year, Clarida had written that in recent business cycles, tight labor markets have allowed workers to regain some of their lost portion of national income without an obvious inflation pressure. Jon Faust, a former Johns ...

CEO urges GE to end infighting, fix quality, tighten management
BusinessWorld - 2019-05-23
GENERAL ELECTRIC CO, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up management and fix quality problems in its products, Chief Executive Officer Larry Culp said on Wednesday. The 127-year-old ...

Third telco player Mislatel hopes to get permit to operate from NTC by July
BusinessWorld - 2019-05-23
"We are particularly thankful that the Congress included this matter in their order of business immediately upon resumption of Congress," Mr. Tamano said in a statement. He noted the consortium is required to post its performance bond of P25.7 billion ...

Does PH need authoritarian rule? Imee Marcos says 'the time has passed'
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Would the Philippines operate better under authoritarian rule, similar to the regime of former President Ferdinand Marcos? His daughter believes it's now ...

Department of Justice indicts 5 bank execs for $81-million money laundering
philstar.com - 2019-05-23
MANILA, Philippines -- The Department of Justice (DOJ) has indicted five officials of Rizal Commercial Banking Corp. (RCBC) in connection with the $81-million Bangladesh Bank heist in 2016. The DOJ filed money laundering charges against former RCBC ...

British government postpones Brexit vote
Philippine Daily Inquirer - 2019-05-23
LONDON, United Kingdom -- The British government on Thursday postponed a crucial Brexit vote scheduled for the first week of June, following an outcry from hardline Brexiteers over concessions ...

ASEAN needs to raise its game on integration -- HSBC
BusinessWorld - 2019-05-23
HSBC Philippines Head of Wholesale Banking, said in a statement. Mr. Brennan noted that the Philippines has a rising business process outsourcing (BPO) sector while its advantages in manufacturing center on human capital in the aerospace, shipbuilding and ...

Inmates show off crochet creations in Brazil prison fashion show
Philippine Daily Inquirer - 2019-05-23
The catwalk arrived at a Brazilian prison Wednesday, May 22, when models from the Sao Paulo Fashion Week paraded a collection at a maximum security facility in front of the inmates who created them.

Dutch, UK polls open, starting 4 days of European elections
Philippine Daily Inquirer - 2019-05-23
THE HAGUE, Netherlands - Dutch and British voters were the first to have their say Thursday in elections for the European Parliament, starting four days of voting across the 28-nation bloc that ...

Trash to be shipped back by end of June, says Canada
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines -- The tons of garbage illegally dumped in the Philippines several years ago will be completely shipped back to Canada by the end of June, the Canadian government said Thursday.

Miseducated and disinformed
BusinessWorld - 2019-05-23
Much of the corporate media are no less complicit in the veritable conspiracy to keep in ignorance the millions many practitioners secretly hold in contempt. They report on and quote the powerful to the exclusion of the poor and marginalized, thus assuring ...

ADB: Malolos-Clark Railway plan to cut Manila-Clark travel time to 1 hour
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines -- Travel time between Blumentritt in Manila and Clark International Airport in Pampanga would be slashed to less than one hour when the 53.1-kilometer Malolos-Clark Railway ...

Isabela exports fresh mangoes to Dubai
Philippine Daily Inquirer - 2019-05-23
CAUAYAN CITY -- Freshly harvested mangoes from Isabela will soon hit the foreign market in Dubai. In a maiden mango export trip on Thursday, 1,200-kilogram fresh mangoes packaged in 75 fresh ...

World shares sink as US-China spat takes center stage
Philippine Daily Inquirer - 2019-05-23
SINGAPORE - World markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. Polls for the European ...

Marinduque solon claims his speakership bid has the support of the President, Sara Duterte
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Marinduque Representative Lord Allan Jay Velasco confirmed his speakership bid Thursday, claiming he has the support of President Rodrigo Duterte and his ...

SEC readies penalties against unfair debt collection practices
philstar.com - 2019-05-23
MANILA, Philippines -- The Securities and Exchange Commission has released a draft memorandum circular that proposes penalties and sanctions against financing and lending companies that use threats and other unfair debt collection practices. Under the new ...

Duterte signs law putting police training under PNP
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The Philippine National Police (PNP) will oversee training of police recruits under a new law signed by President Rodrigo Duterte. Republic Act 11279 ...

The Philippines Is Fighting One Of The World's Worst Measles Outbreaks
NPR - 2019-05-23
The measles outbreak got so bad in Manila, Philippines, that San Lazaro Hospital had to set up tents in the parking lot, the courtyard and even the landing at the top of the stairs outside the pediatric ward to house patients. "This ward would only ...

PH debt-to-GDP up in Q1 as domestic borrowings rise
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines - The share of government debt to the economy rose to 44 percent at the end of the first quarter as the increase in domestic borrowings outpaced the four-year low economic ...

New law renames Compostela Valley to Davao de Oro
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The province of Compostela Valley may be renamed Davao de Oro, according to a new law. Republic Act 11297, signed by President Rodrigo Duterte on April ...

BSP rolls out reserve cuts for thrift, rural banks
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Shortly after announcing phased cuts to the required reserves for big banks, the Bangko Sentral ng Pilipinas (BSP) rolled out a similar move for thrift ...

The Fight For $15 Minimum Wage Is Hurting The Restaurant Industry
International Business Times - 2019-05-23
The Fight for $15 labor movement that is trying to force the federal minimum wage to more than double -- from $7.25 per hour to $15 per hour -- is hurting both the workers it purports to represent and the restaurant industry in which many of the people work.

Albay road accident death toll rises to 10
philstar.com - 2019-05-23
LEGAZPI CITY, Philippines -- The death toll when a jeep fell into a ravine in Libon, Albay on Tuesday climbed to 10 after four of those injured died while being treated in hospitals yesterday. The Albay police identified the fatalities as Maria Suelo ...

50 children saved after police bust paedophile website: Interpol
Philippine Daily Inquirer - 2019-05-23
LYON, France -- International police group Interpol said Thursday that nine people had been arrested in Thailand, Australia and the US and 50 children had been rescued after investigators took ...

DENR: Shipments from Australia to be used as fuel, not garbage
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The Environment Department said shipments from Australia intercepted in Misamis Oriental were not garbage as it is a source of fuel. According to ...

Remains of Filipina who died in Kuwait to arrive in PH
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines -- The remains of the overseas Filipina worker (OFW) who died in Kuwait is set to arrive on Thursday afternoon, the Department of Foreign Affairs (DFA) said. The Filipina ...

How Filipinos can play for a $393M American lottery jackpot
philstar.com - 2019-05-23
The American Mega Millions jackpot is currently $393 million (Php20.6 billion), and you could win it without leaving home! Avid lottery fans in the Philippines undoubtedly share dreams of lottery riches but the top prizes in local draws pale in comparison ...

No report of Huawei security breach in PH so far, DICT says
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The Department of Information and Communications Technology (DICT) said Thursday it has yet to find proof of any security breach from use of Huawei ...

Inflation among poor households eases to 16-month low of 4.3%
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines-The increase in prices being felt by poor families further eased to a 16-month low of 4.3 percent in April amid slower food price increases. The latest Philippine Statistics ...

Palace won't intervene in temporary detention of former Ombudsman in Hong Kong
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The government willl not protest the detention of former Ombudsman Conchita Carpio Morales at the Hong Kong airport last Tuesday as it is a country's ...

COMELEC commissioner finds Cardema substitution bid invalid
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, March 23) -- Elections Commissioner Rowena Guanzon said she will dissent if the Commission on Elections (COMELEC) approves the petition of former National Youth ...

Palace rejects Canada offer to ship back trash by end June
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines -- The Philippines rejected Thursday the offer of Canada to ship back its trash to Ottawa by end of June. In a Palace briefing, Presidential Spokesperson Salvador Panelo said ...

Ilocos residents thank BDO foundation for improved health centers
BusinessMirror - 2019-05-23
WHEN Typhoon Ompong and the southwest monsoon swept through Luzon last year, incessant rains and strong winds disrupted the operations of health centers in the municipalities of Cabugao, Narvacan ...

Strengthen 4Ps, lawmaker urges Congress
Philippine Daily Inquirer - 2019-05-23
MANILA, Philippines -- The Pantawid Pamilyang Pilipino Act (4Ps) remains a "potent tool" in the fight against poverty, Marikina 2nd District Rep. Romero Quimbo said Thursday as he called on ...

Robredo, opposition deny meeting, conniving with 'lying' Bikoy
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Vice President Leni Robredo and members of the opposition on Thursday denied allegations from Peter Advincula, the self-confessed "Bikoy," that they ...

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