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Uber’s Leadership Inches Closer to Stability

Uber’s Leadership Inches Closer to Stability

Uber’s decision to expand its board and give all shareholders equal voting power is bringing the ride-hailing firm’s leadership closer to stability after months of scandal and boardroom infighting.

Published 3 months ago

Lawmakers Grill Former Equifax CEO Over Timing of Hack Disclosure

Lawmakers Grill Former Equifax CEO Over Timing of Hack Disclosure

Lawmakers pressed Equifax’s former chief executive over the length of time it took the credit-reporting company to inform regulators, shareholders and the general public about its massive breach.

Published 3 months ago

Russian Hackers Stole NSA Data on U.S. Cyber Defense

Russian Hackers Stole NSA Data on U.S. Cyber Defense

Hackers working for the Russian government stole a vast collection of highly classified material from the home computer of a National Security Agency contractor, said people familiar with the matter. The breach could enable Russia to evade NSA surveillance and more easily infiltrate U.S. networks.

Published 3 months ago

New Federal Rule Clamps Down on Payday Loans

New Federal Rule Clamps Down on Payday Loans

Payday lenders will have to assess whether borrowers are able to repay their loans, among other steps, under a rule unveiled Thursday that brings federal oversight to a $38.5 billion industry previously governed by states.

Published 3 months ago

YouTube Tweaks Its Search Results After Rise of Las Vegas Conspiracy Theories

YouTube Tweaks Its Search Results After Rise of Las Vegas Conspiracy Theories

YouTube this week surfaced videos peddling misinformation, hateful messages and conspiracy theories to users searching about mainstream news events—problems that caused the site to change its search results to promote more authoritative sources.

Published 3 months ago

Senate GOP Hits Resistance on Estate-Tax Repeal—From Republicans

Senate GOP Hits Resistance on Estate-Tax Repeal—From Republicans

Senate Republicans are running into internal resistance to their proposed repeal of the estate tax, complicating their efforts to overhaul the tax code.

Published 3 months ago

Randal Quarles, Trump’s First Fed Nominee, Wins Senate Approval

Randal Quarles, Trump’s First Fed Nominee, Wins Senate Approval

The Senate approved Randal Quarles for a key banking oversight post on the Federal Reserve Board, marking President Donald Trump’s first imprint on the central bank and his first full-time appointment of a banking regulator.

Published 3 months ago

Spanish Court Moves to Block Catalan Parliamentary Session

Spanish Court Moves to Block Catalan Parliamentary Session

A top Spanish court has suspended Catalonia’s planned parliamentary session on independence, as pro-union forces attempt to stop the wealthy northeastern region from breaking away from Spain.

Published 3 months ago

Whirlpool Wins Backing for Import Protection From Key Government Panel

Whirlpool Wins Backing for Import Protection From Key Government Panel

Whirlpool won crucial backing from a government panel in its bid to limit competition from foreign washing machine makers, giving the Trump administration another opportunity to invoke little-used powers to ramp up trade enforcement.

Published 3 months ago

Baseball Won’t Last Forever, If It Takes Forever

Baseball Won’t Last Forever, If It Takes Forever

The Major League Baseball postseason lands amid a debate over pace of play in the sport.

Published 3 months ago

U.S. Border Crossings Are Fewer, Riskier and More Expensive

U.S. Border Crossings Are Fewer, Riskier and More Expensive

Though would-be immigrants from all over the world have long been caught trying to illegally cross the U.S. border, migrants are now making more treacherous journeys, paying more for them, and being caught more often.

Published 3 months ago

The Many Places Amazon CEO Jeff Bezos Calls Home

The Many Places Amazon CEO Jeff Bezos Calls Home

The Amazon chief owns multiple properties, including a more than 300,000-acre Texas ranch. In choosing a site for the company’s second headquarters, known as HQ2, will he seek a spot close to home?

Published 3 months ago

Nobel Prize in Literature Awarded to Kazuo Ishiguro

Nobel Prize in Literature Awarded to Kazuo Ishiguro

British novelist Kazuo Ishiguro, author of “The Remains of the Day” and “Never Let Me Go,” has won the 2017 Nobel Prize in Literature.

Published 3 months ago

Car Makers Woo Millions of Saudi Women as Driving Ban Ends

Car Makers Woo Millions of Saudi Women as Driving Ban Ends

Saudi Arabia’s decision last week to lift its ban on women drivers has opened up a large market for car makers searching for growth, and the competition has already begun.

Published 3 months ago

Koch Group Pressures Democratic Senators to Back Tax Overhaul

Koch Group Pressures Democratic Senators to Back Tax Overhaul

A group backed by billionaire industrialists Charles and David Koch on Thursday launched a $4.5 million advertising campaign urging three vulnerable Democratic senators to support the Republican effort to overhaul the U.S. tax code.

Published 3 months ago