Early Uber investor Shervin Pishevar sent Benchmark Capital another letter asking the firm to step away from the company’s board of directors. In the letter, which Recode obtained, Pishevar claims that Benchmark is working with another major investor — Lowercase Capital — in its effort to remove former CEO Travis Kalanick from the board. Pishevar […]
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First far-right party set to enter German parliament since 1945 claims Merkel’s days are numbered
Angela Merkel may be poised to enter her fourth term as German Chancellor, but the chances of her serving the full four years are becoming increasingly slim, according to her far-right challengers the AfD. The incumbent leader and her Christian Democratic Union (CDU) party are expected to enjoy an easy slide to victory when Germany […]
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Britain is now seeking a Brexit without borders for Northern Ireland
There should be no border posts between Ireland and the British province of Northern Ireland after Brexit, Britain said in an early attempt to resolve one of the most complex aspects of its European Union exit. Some 30,000 people cross the 500 kilometre border every day without customs or immigration checks, testing negotiators who have […]
Read moreTRYING to stop Britons from boozing can be a forlorn task. Drinking has been woven into the nation’s culture for centuries, from the “loose-tongued” pilgrims of Chaucer to the apprentices who ran amok on London’s streets in the 16th century. According to Susie Dent, a lexicographer, English has 3,000 words for being drunk. Some take […]
Read moreThe cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes. Sales there are rising, but only on the higher end, and that is leaving the majority of entry-level buyers out of luck and out of home ownership because there are so […]
Read moreNegotiators from Canada, Mexico and the United States are aiming for an ambitious first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the pact by early next year. The United States Trade Representative official, speaking to reporters on a conference call, said […]
Read moreJuly’s surprisingly strong retail sales relieved some of the fears that the real cause of sluggish inflation this year is a weakness in the U.S. consumer. The 0.6 percent jump in July retail sales was the best in seven months and is expected to bump economists’ GDP targets for the third quarter. June headline retail […]
Read moreA London Stock Exchange employee fell to his death from an upper-floor balcony, officials said Tuesday. Details around the incident are sketchy, but police confirmed it happened around 9:58 London time. “The City of London Police is currently investigating the circumstances around the death and the incident is being treated as non-suspicious,” a City of […]
Read moreTrump administration officials are notorious for their suspicion that a “deep state” of career military, intelligence, diplomatic, or civil service professionals is seeking to sabotage their work. But for a clearer example of sabotage — albeit without much in the way of a conspiracy — Trump would do well to cast his gaze at the […]
Read moreA small town in the remote north of the Arctic Circle is set to be home to the world’s largest data center. The Kolos facility is being developed by a US-Norwegian partnership, also called Kolos, who say the site will eventually draw on a record-setting 1000 megawatts of power. On their website, Kolos claim Ballangen’s […]
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