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Uber’s new CEO hires ex-Orbitz chief as COO

Bloomberg Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc., making him the second-highest ranking executive at the ride-hailing company. Harford, who sits on the board of airline company United Continental Holdings Inc., will oversee global ride-hailing operations, marketing, customer support, and the company’s food-delivery business. It’s ...

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Facebook steps onto YouTube turf with Universal Music deal

Bloomberg Facebook Inc. signed a multiyear licensing deal that lets the social network carry songs and artists from the world’s biggest record label, Universal Music Group, across its platforms. The deal solves a long-running dispute, with Facebook agreeing to compensate the company and artists including Taylor Swift when users post videos that include copyrighted material. The accord includes Facebook, Instagram ...

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US dollar advances in trading with ruble amid holiday lull

Bloomberg The US dollar and Russia’s ruble advanced in thin trading on a day when most markets worldwide are closed for a holiday. Saudi Arabian shares declined for a third straight day, with volume at 30 percent below the gauge’s 30-day average. Turkish stocks rose to the highest level in about seven weeks on a closing basis, while equities in ...

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