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Lyft moves IPO roadshow as drivers protest

Bloomberg Disgruntled drivers showed up at the Omni hotel in San Francisco hoping to make their feelings known to the executives, bankers and potential investors at Lyft Inc.’s IPO roadshow meeting. No one was there. Lyft’s scheduled meeting was held at the Olympic Club instead. It had originally been planned for the Omni, according to a term sheet reviewed by ...

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Israel launches strikes across Gaza after rocket hits house

Bloomberg Israel carried out dozens of airstrikes across the Gaza Strip, following a tense day that began with a rocket attack on a home in central Israel and a counterstrike that reduced the office of Hamas’s leader to ruins. Amid the escalation, both sides made preparations for the possibility of a broader confrontation. Israel moved troops closer to its southern ...

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Syrian Kurds demand autonomy to merge with Assad’s army

Bloomberg Syrian Kurds will merge their forces into President Bashar al-Assad’s military if he agrees to grant them some measure of political autonomy, an envoy in Moscow said. The US-backed Syrian Democratic Forces can incorporate their fighters into Assad’s army “if there is agreement on a new constitution guaranteeing the rights of all peoples in Syria rather than keeping central ...

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May staggers on as parliament seizes control of Brexit

Bloomberg The UK Parliament seized control of the Brexit process from PM Theresa May and will now seek to decide how Britain exits the European Union. In a vote, the House of Commons split 329 to 302 to schedule votes on a series of alternative strategies, potentially including a second referendum, keeping the UK in the bloc’s customs union, leaving ...

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Thai polls mess pits ex-PM against generals

Bloomberg Thailand’s first election since the 2014 coup was always going to be messy. But it’s turning out to be even more chaotic than many observers expected, setting the stage for renewed tumult after five years of military rule. Election authorities have faced calls to resign for repeatedly delaying the full results and failing to account for mounting irregularities, including ...

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Former Pakistan PM gets bail for six weeks

Bloomberg Former PM Nawaz Sharif, who is serving a seven-year jail term in a corruption case, got bail for six weeks to enable him to seek medical treatment for a heart condition. Pakistan’s Supreme Court Chief Justice Asif Saeed Khan Khosa in his verdict in Islamabad on Tuesday barred the ex-premier from seeking his treatment overseas, Khawaja Harris, Sharif’s lawyer ...

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Mueller makes a normal election possible in 2020

Robert Mueller’s report is a gift to the nation, which now knows what was already a reasonable surmise: that its chief executive’s unlovely admiration for a repulsive foreign regime, Vladimir Putin’s, is more a dereliction of taste and judgment than evidence that he is under that regime’s sway. The report is an even larger gift to the nation because it ...

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China’s hydrogen economy is coming

There was little excitement in the air when China’s State Council convened a press conference to announce and explain 83 revisions to the annual Government Work Report. A few equity investors paid attention anyway. Among the revisions was a proposal to promote the development and construction of fueling stations for hydrogen fuel-cell cars. Chinese punters were ready: In the first ...

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Driving while tweeting could hurt US carmakers

For carmakers in the US, the price of honesty is high. President Donald Trump’s preoccupation with the auto industry was on show again over the past week, when he tweeted that he had asked General Motors Co. Chief Executive Officer Mary Barra to sell or “do something quickly” with one of the plants it is idling under a wide-ranging cost-cutting ...

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Boeing, FAA owe the world some answers

What began as a tragedy is starting to look like something worse. In the span of just four months, two Boeing Co. 737 Max jets have crashed, killing a total of 346 people. Both planes — Lion Air Flight 610 on October 29 and Ethiopian Airlines Flight 302 on March 10 — experienced serious trouble shortly after takeoff. In a ...

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