Global Glance: Tech companies protest Trump immigration order; VW likely to win global sales crown

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Here are today’s top headlines from across the nation and world:

Tech companies protest Trump immigration order

NEW YORK (AP) — Google, Apple and other tech giants expressed dismay over an executive order on immigration from President Donald Trump that bars nationals of seven Muslim-majority countries from entering the U.S. The U.S tech industry relies on foreign engineers and other technical experts for a sizeable percentage of its workforce. The order bars entry to the U.S. for anyone from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen for 90 days. The move, ostensibly intended to prevent extremists from carrying out attacks in the U.S., could now also heighten tensions between the new Trump administration and one of the nation’s most economically and culturally important industries. Read more

VW likely to win global sales crown as Toyota growth slows

TOKYO (AP) — Volkswagen can in all likelihood claim the title of world’s biggest automaker for the first time. Toyota reported Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen’s 10.31 million. The only contender left is General Motors Co., which is unlikely to come near VW’s number because sales fell last year in the U.S., its second-biggest market. For VW, it’s a milestone achievement despite the taint to its reputation from a huge scandal over cheating on emissions tests. Booming China sales, where VW sells few diesels, helped offset that damage. Read more

US-Mexico trade war could hit Mexico economy, spur migration

MEXICO CITY (AP) — If President Donald Trump makes good on threats to gut NAFTA and impose stiff tariffs on Mexican goods, economists say he risks a trade war that could lead to the very thing he is hoping to avoid – a huge surge in Mexican migration to the United States. The result would be catastrophe for the Mexican economy. Recession. A dramatic weakening of the peso, even below the historic lows it has already set amid Trump’s bellicose rhetoric. Soaring inflation, interest rates and unemployment. Read more

Trump sets tougher restrictions on lobbying by officials

WASHINGTON (AP) — President Donald Trump acted Saturday to fulfill a key portion of his pledge to “drain the swamp” in Washington, banning administration officials from ever lobbying the U.S. on behalf of a foreign government and imposing a separate five-year ban on other lobbying. Trump has said individuals who want to aid him in his quest to “Make America Great Again” should focus on the jobs they will be doing to help the American people, not thinking ahead to the future income they could rake in by peddling their influence after serving in government. Read more

A commuter’s dream: Entrepreneurs race to develop flying car

WASHINGTON (AP) — Nearly a dozen companies around the globe, including some with deep pockets such as European aircraft maker Airbus, are competing to be the first to develop a new kind of aircraft that will enable commuters to glide above crowded roadways. A few of the aircraft under development are cars with wings that unfold for flight, but most aren’t cars at all. Typically they take off and land vertically like helicopters. Rather than a single, large main rotor, they have multiple small rotors. Each rotor is operated by a battery-powered electric motor instead of a conventional aircraft piston engine. Read more

US consumer spending up 0.5 percent in December

WASHINGTON (AP) — Consumers boosted spending in December at the fastest pace in three months, giving the economy some momentum going into 2017. Consumer spending advanced 0.5 percent in December, a major improvement over the modest 0.2 percent gain in November, the Commerce Department reported Monday. It was the best showing since spending jumped 0.7 percent in September. The increase was driven by a 1.4 percent surge in spending on durable goods, long-lasting items such as autos. Read more


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