Monthly Archives: November 2016

LG promotes home appliances boss to CEO

LG promotes home appliances boss to CEOLG Electronics has a new CEO: Jo Seong-jin, formerly head of the home appliances division and a forty-year veteran of the company. Before becoming head of the overall home appliances business, Jo ran LG's washing machine division and was part of the team that developed the first LG automatic washing machine in 1980.

Asian factories show growth in November, but outlook clouded

A worker walks inside the China Steel Corporation factory in KaohsiungBy Saikat Chatterjee HONG KONG (Reuters) – China's factories notched their strongest growth in activity in two years and Japanese firms order books rose in November, masking concern about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally. Factory surveys produced stronger purchasing manager index (PMI) numbers in China, Taiwan and Vietnam, and while activity in Japan's factories was still growing in November, the pace was slower than in October. Some analysts cautioned that November might be as good as it gets, as the effects of stimulus measures in some parts of Asia are wearing off.

Magic mushrooms help cancer patients cope with fear and depression

Magic mushrooms help cancer patients cope with fear and depressionMagic mushrooms, once associated mostly with Phish concerts, may lead to better end-of-life care for cancer patients. One dose of the active ingredient, psilocybin, can help terminal cancer patients experience less depression and anxiety even six months later. Two studies from New York University and Johns Hopkins University confirm a recent wave of research suggesting that hallucinogenic drugs are an important mental health tool.