Bloomberg After a tumultuous stock debut, Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is parting ways with two top lieutenants in a major leadership overhaul. Barney Harford, the chief operating officer, and Rebecca Messina, the chief marketing officer, are both leaving the company, Uber said. Uber had largely shielded Harford from the public spotlight after he was the subject ...
Read More »AT&T, Dish open to merging satellite-TV divisions
Bloomberg AT&T Inc.’s DirecTV and Dish Network Corp., suffering the steepest subscriber losses in the pay-TV industry, are open to a merger and both companies believe such a deal could pass muster with US regulators, according to people familiar with their thinking. It’s been 17 years since a proposed combination of the two satellite-TV services was deemed bad for consumers ...
Read More »US, Russia trade barbs after warships nearly collide at sea
Bloomberg The US and Russian navies sniped at each other after a near collision between warships in the Philippine Sea. The US 7th Fleet in a statement called the Russian ship’s actions “unsafe and unprofessional,†while the Russian Pacific Fleet said the US vessel’s moves were “unacceptable,†according to state news agency TASS. The tiff happened on the same day ...
Read More »US warns Syrian forces against use of chemical weapons in Idlib fight
Bloomberg The Pentagon reiterated promises to respond to any use of chemical weapons by Syrian forces as the Assad regime’s offensive against militants in a key northwestern province threatens to cause another humanitarian crisis in the country’s eight-year civil war. The US and its allies “will respond quickly and appropriately,†Michael Mulroy, deputy assistant secretary of defense for the Middle ...
Read More »US drops Mexico tariff post migrants deal
Bloomberg President Donald Trump said he would drop plans for tariffs on Mexico that he’d been threatening to impose for the past week after the country promised new steps to stem an influx of illegal migration into the US. “I am pleased to inform you that The United States of America has reached a signed agreement with Mexico,†Trump said ...
Read More »New sanctions show US call for talks empty: Iran
Bloomberg Iran’s foreign ministry said new sanctions on Iran, announced by the US government, show President Donald Trump’s calls for negotiations with the Islamic Republic are empty, the semi-official Iranian Students’ News Agency (ISNA) reported. “It only took one week for the emptiness of the US president’s claim of wanting negotiations with Iran to be shown. The American policy of ...
Read More »Labour wins UK by-election as Farage warns over Brexit
Bloomberg The main UK opposition Labour Party unexpectedly held onto its Peterborough seat, slowing the march of Nigel Farage’s new pro-Brexit movement which bookmakers’ had expected to win the by-election. The result will alarm members of the UK’s ruling Conservatives — who were beaten into third place by Farage’s Brexit Party — as they weigh up who should take over ...
Read More »The saga of the Chinese mole reads like a thriller
Behind the admission by a former CIA officer that he plotted to spy for China lies an astonishing tale of Beijing’s espionage against America — and the vindication of other CIA officers who were falsely suspected of being the Chinese mole. This saga has a classic thriller plot, in which a suspect must find the real villain to clear his ...
Read More »Google should be afraid of US scrutiny
This is the moment the US technology superpowers surely knew was coming: The US government is preparing to crawl all over Google to figure out whether it is an abusive monopolist. Google parent company Alphabet Inc. and the other tech giants should be quaking in their fleece vests. Bloomberg News and other news organisations reported that the US Department of ...
Read More »China’s strategy is written in earrings
The Chinese have always lived by the saying “better broken jade than intact tile.†This explains why Chinese TV anchor Liu Xin picked out jade earrings and a jade pendant necklace to wear in her much-hyped debate on the US-China trade war with Fox anchor Trish Regan. The meaning of the jewelry, apparent to millions of Chinese who watched the ...
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