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Bloomberg Lyft Inc quarterly results and guidance for 2020 disappointed investors who punished the ride-hailing company for not promising profits sooner. The shares dropped more than 5% in extended trading. Lyft’s results came a few days after larger rival Uber Technologies Inc reported quarterly numbers that blew past analysts’ expectations and announced that it was moving up its target for ...

Bloomberg Air pollution from burning fossil fuels is generating economic losses of $8 billion a day, according to a Greenpeace report. That’s about 3.3% of global gross domestic product, or $2.9 trillion per year, according to a report from Greenpeace Southeast Asia and Center for Research on Energy and Clean Air. China, the US and India bear the highest economic ...

Bloomberg Twitter Inc expanded efforts to protect the US census, saying it will tweak search results for census-related terms to prompt users to visit the US Census Bureau website. The social-media company also said it will continue to prohibit posts containing false or misleading information about how to participate in the national survey — a policy that also applies to ...

Bloomberg Google claimed the European Commission’s tough antitrust enforcement is a threat to internet innovation on day one of its courtroom fight against a 2.4 billion-euro ($2.6 billion) fine for allegedly thwarting smaller shopping-search rivals. “If Google would have faced the commission’s decision in 2008, Google would have had no other option but to abandon its innovative technologies and its ...

Bloomberg Vladimir Putin’s surprise firing of Russia’s government and unveiling of constitutional changes that would weaken the presidency may only be Plan B for retaining power after his final term ends in 2024. In the month before Putin’s January 15 announcement, he’d pushed hard to convince his longer-serving counterpart in Belarus, Alexander Lukashenko, to revive a moribund agreement to create ...

Bloomberg Bernie Sanders’s narrow win in New Hampshire makes him the undisputed leader of the Democratic Party’s left flank, with a second powerful showing that puts him in position to stake a claim to the Democratic presidential nomination as the race turns west and south. A surprisingly strong third-place showing from Amy Klobuchar in New Hampshire further scrambles the race ...

Bloomberg North Korea’s decision to shut the border with China to avoid the coronavirus will set back its nascent economic recovery, renewing pressure on Kim Jong-un to return to nuclear negotiations with Donald Trump. A jump in fuel prices, a dip in port activity and the suspension of train and air links show the early impact as reports emerge of ...

Bloomberg Opposition leader Juan Guaido returned to Venezuela to a chaotic scene at Caracas’s international airport, as President Nicolas Maduro’s loyalists clashed with opposition lawmakers there to greet him. After passing through customs and immigration, Guaido was swarmed by the clashing lawmakers and Maduro backers. He and his travelling entourage were able to leave the airport without being arrested for ...

Bloomberg Matteo Salvini will stand trial for refusing to allow stranded migrants to enter Italy, an outcome he sought as it could bring one of his favourite themes to the forefront of the nation’s political debate. In a preliminary vote, the Rome-based Senate gave the go-ahead to a trial for Salvini, leader of the right-wing League party, after he blocked ...

Every society in the world is going to pay a price for global warming. But it’s the poorest countries and communities who will suffer the most from rising seas and burning lands — and likely also from any drastic measures taken to prevent climate change. The environmental crisis is closely linked to the humanitarian one, and requires the joint action ...