On the 12th day he wrote a confession. “Make it convincing,” a Capt. Maher told him. “There is someone who drove you. Imagine how he looks. Tall, short, fat?” Mr. Ghabbash settled on a silver car and “a tall guy, with glasses and light hair.” “I started to feel my talent in writing,” he said.…
The lines between fine dining and casual dining have become increasingly blurred over the last several years, as more restaurants do away with white tablecloths, one of the hallmarks of fine dining, while places that might have seemed like a neighborhood spot are increasingly charging upwards of $30 just to start. Enter TAK Room, a…
Reuters/Brendan McDermid Uber opened for trading as a public company Friday at $42 a share, a drop of 6.7% from its initial-public-offering price of $45. Thursday night's pricing gave the ride-hailing company an initial market cap of $75.5 billion. Uber's IPO was the US's third-largest on record. Visit Markets Insider's homepage for more stories. Uber…
MEETING IN WASHINGTON, Chinese and American trade negotiators made it through dinner without hurling the plates at each other. But there was no truce on the menu. One minute after midnight in Washington on May 10th, America carried through on its threat to ratchet up tariffs on Chinese goods. Two minutes later, China vowed to…
WASHINGTON — President Trump escalated his trade war with China on Friday morning, raising tariffs on $200 billion worth of Chinese goods and taking steps to tax nearly all of China’s imports as punishment for what he said was Beijing’s attempt to “renegotiate” a trade deal. Mr. Trump’s decision to proceed with the tariff increase…
The Chinese markets had a surprisingly good day Friday, given that the U.S. just massively jacked up tariffs against Chinese imports, and the trade negotiations between the two countries appear likely to fail. The Hang Seng Index, having seemed set to plummet around lunchtime, ended up 0.84% up on the day. The Shanghai Composite Index…
Mark Zuckerberg always thought his social network would become a superpower, even when it was founded 15 years ago, according to a damning op-ed by Facebook co-founder Chris Hughes, published in the New York Times on Thursday. "From our earliest days, Mark used the word 'domination' to describe our ambitions, with no hint of irony…
JAMES WILSON—the one who signed the Declaration of Independence and took one of the Supreme Court’s first six seats, rather than the Scottish hatmaker who founded The Economist—believed that “the House of Representatives [shall] form the grand inquest of the state. They shall diligently inquire into grievances.” Many years later Woodrow Wilson, then a young scholar…
But unless the courts move to enforce the contempt resolution, it will have no teeth, and court action takes time. When Barack Obama was president, House Republicans held Attorney General Eric H. Holder Jr. in contempt of Congress for his failure to provide documents and information related to the so-called Fast and Furious gun trafficking…
Now that the oldest millennials are approaching 40, the new frontier for venture capitalists is millennial parenthood. It’s a cohort that hasn’t hesitated to pay a premium for ease and convenience for themselves, so some investors are betting that they’ll likely do the same for their families. That’s part of the reason a new startup…
