MARCH 29TH was meant to be the day when Britain left the European Union. Instead, Theresa May marked the day by losing yet another Commons vote on her Brexit deal. Yet the margin of the prime minister’s defeat was significantly smaller than in the two previous votes. She was defeated by 58 votes, having previously…
Black box data from a doomed Ethiopian Airlines flight suggests the crash was caused by a faulty sensor that erroneously activated an automated system on the Boeing 737 Max, a series of events suspected in an Indonesian disaster involving the same jet last year. Data from a vane-like device, called the angle-of-attack sensor, incorrectly activated…
As more people become cord cutters, turning away from traditional cable, companies are being pushed to innovate and adapt to the new ways people are consuming news and content. With the competition becoming crowded, Amazon is reportedly working on a Fire TV app that would distribute ad-supported, live and on-demand video news updates from media…
Lyft, the first ride-hailing company to launch on a US public market, is set to begin trading on Friday morning under the ticker symbol "LYFT." The company priced its initial public offering at $72 per share the evening prior, at the upper-end of its expected range, giving it a valuation of about $21 billion. Lyft's…
THERESA MAY was supposed to be leading Britain out of the European Union this week. Instead, Britain stayed put and the prime minister found herself announcing her own departure. After weathering months of criticism over her handling of the Brexit negotiations, in which Britain was last week forced to ask for an extension of the March…
As investigators closed in on Purdue Pharma, the maker of the opioid painkiller OxyContin, more than a decade ago, members of the family that owns the company began shifting hundreds of millions of dollars from the business to themselves through offshore entities, the state of New York alleged in a lawsuit on Thursday. The legal…
Ride-sharing company Lyft priced its initial public offering at $72 a share late Thursday, valuing the company at $24.3 billion in what is likely to be the first of many tech IPOs hitting the public stock market in the coming months. Lyft’s stock is expected to begin trading Friday morning on the Nasdaq Global Select…
Hundreds of passengers have been left stranded with little guidance on how to get home or complete their travels after the budget airline Wow Air abruptly collapsed Thursday. The Icelandic airline said in a terse statement that it had canceled all flights and told passengers to try to book with other carriers. It did not…
TWENTY-FIVE YEARS after the genocide, Rwanda is still an enigma. Its recovery in economic, social and psychological terms is hotly debated. Almost every aspect of the past and present is still argued over. What exactly caused the genocide (which started after a plane carrying Rwanda’s president, Juvénal Habyarimana, was shot down by unknown assassins)? How…
LONDON — In a last-ditch effort to try to get Parliament to pass her plan for Britain to leave the European Union, Prime Minister Theresa May on Wednesday offered to step down and allow another prime minister who has the confidence of her party and lawmakers to negotiate the final details. Mrs. May’s stunning overture…
