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…
The Institute of Economic Affairs is facing two official investigations after it emerged that the thinktank offered potential US donors access to UK government ministers as it raised cash for research to promote free-trade deals demanded by hardline Brexiters. The Charity Commission announced on Monday that it had opened a regulatory compliance case into the…
Politically and economically, unions are sort of an odd duck. They aren’t part of the apparatus of the state, yet they depend crucially on state protections in order to wield their power. They’re stakeholders in corporations, but often have adversarial relationships with management. Historically, unions are a big reason that the working class won many…
WASHINGTON — President Trump told President Emmanuel Macron of France on Tuesday morning that he plans to announce the withdrawal of the United States from the Iran nuclear deal, according to a person briefed on the conversation. Mr. Trump’s decision unravels the signature foreign policy achievement of his predecessor, Barack Obama, isolating the United States…
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…
German researchers have discovered unknown persons are using bitcoin’s blockchain to store and link to child abuse imagery, potentially putting the cryptocurrency in jeopardy. The blockchain is the open-source, distributed ledger that records every bitcoin transaction, but can also store small bits of non-financial data. This data is typically notes about the trade of bitcoin,…
LONDON — In the big book of political blunders, Theresa May’s decision to hold a snap election to solidify her Brexit mandate will rank among the most memorable — and the most unnecessary. The British prime minister was cruising along two months ago with a solid majority in Parliament and several years to run on…
On Sunday, March 29, 2015, two days after my 54th birthday, I came very close to dying. I was sitting in an armchair in my Paris apartment, reading a newspaper, when I became dizzy. The next thing I knew, my heart was beating violently. When the paramedics arrived, it was racing at 240 beats per…
Geert Wilders, the Dutch far-right leader, center, campaigning in Valkenburg on Saturday. Credit Muhammed Muheisen/Associated Press The risk of European disintegration looks significantly more real this week. Multiple crises, each a symptom and cause of the continent’s deepest problems, are converging simultaneously. Britain took a step toward leaving the European Union, and Scotland toward independence….
An Amsterdam shop selling Islamic dresses and head scarves. A European ruling on head scarves could have far-reaching consequences for the balance between freedom of religion and the rights of companies to implement policies requiring religious neutrality. Credit Muhammed Muheisen/Associated Press LONDON — The European Union’s highest court waded into the politically explosive issue of…