The United Nations is the latest to weigh in on the crisis involving Kashmir and India. The world body said Prime Minister Narendra Modi’s actions earlier this week “will exacerbate the human rights situation.” The Indian government has cut off telecommunications to the region of Jammu and Kashmir, driven out tourists and journalists, stationed approximately…
Uber on Thursday reported second-quarter earnings that widely missed Wall Street expectations.The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion.A big chunk of Uber's massive $5.24 billion loss was because of stock-based compensation from its initial public offering earlier this year.The stock was down as much as 12%, or $5.33, in after-hours…
AFTER 29 HOURS of uninterrupted negotiations the latest report from the Intergovernmental Panel on Climate Change (IPCC), on how alterations in land use are contributing to such change, was gavelled through in Geneva on the afternoon of August 7th. When, minutes later, your correspondent asked to speak with some of the researchers, she was informed…
ImageCattle grazing outside Sokoto, Nigeria, where large-scale farming is in conflict with local communities. CreditCreditLuis Tato/Agence France-Presse — Getty ImagesAug 8, 2019Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter.The world’s land and water resources are being exploited at “unprecedented rates,” a new United Nations report warns, which combined with…
Lyft surprised Wall Street with strong revenue, better-than-expected earnings and most importantly, an improved outlook for the year. Lyft surprised Wall Street with strong revenue, better-than-expected earnings and most importantly, an improved outlook for the year. The ride-hailing company had $867.3 million in revenue in the latest quarter, up 72% from the same period last year…
A combination of configuration errors and lax oversight by Instagram allowed one of the social network's vetted advertising partners to misappropriate vast amounts of public user data and create detailed records of users' physical whereabouts, personal bios, and photos that were intended to vanish after 24 hours. The profiles, which were scraped and stitched together…
Melinda Katz wins the Democratic nomination by 55 votes after a recount erases her opponent’s slim election night lead. ImageTiffany Cabán concedes at a party for volunteers and supporters in Astoria, Queens, on Tuesday night.CreditCreditMichelle V. Agins/The New York TimesAug 6, 2019The pitched six-week battle for the Democratic nomination for Queens district attorney finally ended…
Barneys New York has received a new lifeline, less than one day after the iconic luxury fashion retailer filed for Chapter 11 bankruptcy protection.In a last-minute announcement late Tuesday at the start of the company's first bankruptcy hearing, attorneys for Barneys said the company received a larger capital-infusion offer, extended by Brigade Capital Management and…
By any measure, the growth in coworking is staggering. WeWork, the nine-year-old company known for providing tech-enabled, millennial-friendly office spaces, has ballooned to 500 locations and is reportedly planning an initial public offering as soon as September. New York City alone has more than 16 million square feet of flexible office space, almost 4% of…
ON AUGUST 5th the Trump administration deployed another weapon in its fight with China: name-calling. After some grousing on President Donald Trump’s twitter feed, the Treasury officially designated China a currency manipulator. The Chinese government stands accused of devaluing its currency in order to gain an unfair advantage in international trade. It is the first…
