Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
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(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. Lyft’s IPO sets the stage for the stock market debut of…
JERUSALEM (Reuters) – Israel passed a “nation-state” law on Thursday declaring that only Jews have the right of self-determination in the country, stirring anger from members of the Arab minority who said it was racist and drawing an expression of concern from the EU. The bill, backed by the right-wing government, passed through parliament after…
WASHINGTON (Reuters) – Uber had disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March even though the car had identified the need to apply the brakes, the National Transportation Safety Board said in a preliminary report released on Thursday. The report into the first fatal…
SAN FRANCISCO (Reuters) – If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside…
SEOUL South Korea’s Constitutional Court removed President Park Geun-hye from office on Friday over a graft scandal involving the country’s conglomerates at a time of rising tensions with North Korea and China. The ruling sparked protests from hundreds of Park’s supporters, two of whom were killed in clashes with police outside the court, and…
KUALA LUMPUR/SEOUL North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia, as police investigating the murder of Kim Jong Nam in Kuala Lumpur sought to question three men hiding in the North Korean embassy. Malaysia’s Prime Minister Najib Razak accused North Korea of “effectively holding our citizens hostage”…
ANKARA Hundreds of thousands of Iranians rallied on Friday to swear allegiance to their clerical leaders and reject U.S. President Donald Trump’s warning that he had put the Islamic Republic “on notice”, state TV reported. On the anniversary of Iran’s 1979 Islamic Revolution that toppled the U.S.-backed Shah Mohammad Reza Pahlavi, marchers including hundreds…
WASHINGTON President Donald Trump on Thursday disputed bipartisan accounts that his U.S. Supreme Court nominee had privately voiced dismay over Trump’s attacks on the judiciary, saying Judge Neil Gorsuch’s comments had been misrepresented. Democratic Senator Richard Blumenthal said on Wednesday Gorsuch during a meeting with him called Trump’s comments “disheartening and demoralizing.” The Connecticut…
WASHINGTON In his first call as president with Russian leader Vladimir Putin, Donald Trump denounced a treaty that caps U.S. and Russian deployment of nuclear warheads as a bad deal for the United States, according to two U.S. officials and one former U.S. official with knowledge of the call. When Putin raised the possibility…
WASHINGTON U.S. President Donald Trump’s administration has instructed the Environmental Protection Agency to remove the climate change page from its website, two agency employees told Reuters, the latest move by the newly minted leadership to erase ex-President Barack Obama’s climate change initiatives. The employees were notified by EPA officials on Tuesday that the administration…