News Headlines - 25 July 2018

At least 26 dead in Laos dam collapse; dam failed after desperate 24-hour fight to avert disaster - The Straits Times

Rescuers recovered 26 bodies and over a hundred remain missing after a dam collapse swamped several villages in southern Laos, as survivors Wednesday (July 25) questioned why they got little warning of the deluge.
Two South Korean contractors said they reported damage a day before parts of the Xe-Namnoy dam gave way Monday and unleashed a wall of water.

Thai Cave Boys Ordained As Buddhist Novices : NPR

Eleven of the boys who were rescued from a cave in Thailand earlier this month — an international mission that captivated the world — have been ordained as Buddhist novices in honor to the volunteer diver who died during the harrowing ordeal... In a separate ceremony, the group's 25-year-old soccer coach, Ekapol Chanthawong, was ordained a monk. The twelfth member of the team is not Buddhist and did not participate in the religious event.

Japanese city blames bogus NPR report for wannabe ninja problem

A city in Japan has been bombarded with inquiries from aspiring ninjas, the country’s famed feudal mercenaries and spies, after a news report on city tourist promotions was mistaken for a “ninjas wanted” advertisement... But a program aired last week on National Public Radio about Iga’s ninja-centered town promotion effort set off a frenzy of internet interest after its host said the city faced a shortage of ninja performers and even quoted potential salaries, giving the impression it might be hiring.

Revenue Shortfall Wipes Out Facebook’s Year-to-Date Gain - Barron's

The bad news finally caught up with Facebook (FB).
A data-analytics dustup that dominated much of the year and lingering questions about how it handles misinformation dinged the social-networking juggernaut on Wednesday, sending its shares into a tailspin in late trading... The proximate cause was the company's disclosure its revenue rate growth will slow precipitously in the current quarter and the next one.

Trump and EU officials agree to work toward 'zero tariff' deal | The Guardian

Donald Trump and European Union officials on Wednesday stepped back from a trade war as they struck a deal to work towards “zero” tariffs, barriers and subsidies.
The EU also agreed to buy billions of dollars worth of American exports, including soya beans and natural gas, and work to reform international trade rules.