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Bloomberg Dara Khosrowshahi, the new chief executive officer at Uber Technologies Inc., laid out an initial set of plans during a staff meeting to get the troubled ride-hailing company back on course. He said his top priority was hiring a chief financial officer who can help the company balance its need to control spending with continued growth, said two people ...

Bloomberg Don’t underestimate Jose. The meteorological gods seem to be working against the hurricane as Irma’s successor lumbers over the Atlantic Ocean. But it’s so far out — more than 950 miles from New York — that it’s too soon to call the all clear. “If it is going to be a threat, it is probably a threat next week,” ...

Bloomberg Three Democratic senators joined President Donald Trump for a White House dinner aimed at winning their support for an as-yet unreleased tax overhaul bill that would be written by Republican leaders. Trump’s guests — Joe Manchin of West Virginia, Heidi Heitkamp of North Dakota and Joe Donnelly of Indiana — are the only three Democratic senators who haven’t signed ...

Bloomberg ­­­­­­­­­­­­­­­ North Korea rejected the latest round of United Nations sanctions on the isolated state, and vowed to accelerate its plans to acquire a nuclear weapon that can strike the US homeland. In its first official response to the new resolution, North Korea’s foreign ministry released a statement on state-run media saying the sanctions justified its nuclear push and ...

BAGHDAD / ERBIL / Reuters Iraq’s Kurdish leader Massoud Barzani vowed to press ahead with a referendum on Kurdish independence on Sept. 25 despite a vote by Iraq’s parliament to reject the move. Earlier the parliament in Baghdad authorised the prime minister to “take all measures” to preserve Iraq’s unity. Kurdish lawmakers walked out of the session before the vote ...

Bloomberg Israeli Prime Minister Benjamin Netanyahu voiced support for Kurdish statehood, offering a lone source of backing for an autonomy referendum in Iraq this month that allies oppose. Israel “supports the legitimate efforts of the Kurdish people to achieve their own state,” Netanyahu said in a statement on Tuesday night during his visit in Latin America. His endorsement clashes with ...

Bloomberg Kenya’s opposition presidential candidate said the electoral authority should consider delaying the rerun of last month’s annulled presidential vote until the end of October to ensure it’s organized in a credible manner. The date for the election could be adjusted within the 60-day period stipulated by the law to give the electoral body enough time to prepare a fair ...

Bloomberg Wolfgang Schaeuble can expect to be offered another term as German finance minister if Chancellor Angela Merkel wins re-election on Sept. 24, according to four people familiar with the government’s deliberations. Schaeuble has signaled his interest for the post and Merkel would be willing to pay a high political price to extend his tenure, the people said. All asked ...

Can we get real about ‘tax reform,’ the Republican promise to enact deep tax cuts that will spur economic growth? Probably not, but let’s give it a try. For starters, we can stop calling it ‘reform.’ That’s a charged word, implying that the new tax system will be superior to the old. We don’t know that for a fact; the ...

The 1997 Asian crisis forced Indonesia to replace a 93-year-old relic with something resembling a modern bankruptcy code. India took another 20 years—and its own $191 billion bad-debt crisis—to get to the same point. With the country’s top court backing the new insolvency code, a warped power equation between debtors and creditors is heading for a big shift. It remains ...