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Economy

Holt has been in a management role at Uber since 2011; Whetstone since May 2015. Ridesharing giant, Uber, took another hit with the departure of its president, Jeff Jones , after just six months, USA media reported Sunday. Waymo, a self-driving vehicle company that used to be part of Google, last month sued Uber in federal court, alleging betrayal and high-tech espionage.
  • Kingfisher beats forecasts for annual profit

    Kingfisher beats forecasts for annual profit

    Economy

    However, chief executive Laury said the firm had to do more to make its French businesses more competitive. The cautious outlook sent Kingfisher shares down nearly 5%, making it the biggest faller on the FTSE 100 . Total adjusted sales were up 1.7 percent on a constant currency basis to 11.2 billion pounds , with the UK & Ireland up 2.4 percent but France down 1.4 percent.
  • United States expects next North Korean missile launch soon

    United States expects next North Korean missile launch soon

    Economy

    While the long-standing option of pre-emptive military strikes against North Korea is not off the table - as reflected by US Secretary of State Rex Tillerson's warning to Pyongyang during his Asia tour last week - the new administration is giving priority for now to less-risky options.
  • Several Boston-bound flights affected by new in-cabin electronics limits

    Economy

    The agency said in a statement it "seeks to balance risk with impacts to the traveling public and has determined that cellphones and smartphones will be allowed in accessible property at this time". Etihad Airways said in a statement on yesterday that it will continue to work closely with American officials in the USA and at its base in Abu Dhabi, the Emirati capital, but for now its "policies have not changed".
  • London Taxi Company opens new Coventry factory, creating over 1000 jobs

    London Taxi Company opens new Coventry factory, creating over 1000 jobs

    Economy

    The Coventry-based taxi builder LTC, which has connections dating back to the late 1800s, was placed into administration in 2012 following years of falling profits and technical issues with its vehicles. The LTC has invested more than £300m into the TX5. Staff have moved into the Ansty Park plant this month ahead of Wednesday's official lunchtime opening, involving company representatives.
  • Emirates Airlines Doesn't Think You Need a Laptop on Their Flights Anyway

    Economy

    One of nine airlines subject to a new rule prohibiting some electronic devices in the cabins of flights to the USA responded by offering to entertain passengers itself. The Trump administration's new flight restriction, which begins Tuesday afternoon and has no end date, involves all foreign airlines flying to the United States from Amman, Jordan; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia; Kuwait City; Casablanca, Morocco; Doha, Qatar; and Dubai and Abu Dhabi, United Arab Emirates.
  • Analyst Buzz: JPMorgan Chase & Co. (JPM)

    Analyst Buzz: JPMorgan Chase & Co. (JPM)

    Economy

    Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $223,000. Investors of record on Thursday, April 6th will be given a dividend of 0.50 per share by the financial services provider on Sunday, April 30th. (NYSE: JPM ).
  • Greek police contacting targets of parcel bombs

    Greek police contacting targets of parcel bombs

    Economy

    No one was hurt during the discovery of the packages. Greek authorities were on alert after the dispatch of two parcels laced with gunpowder last week. Police crackdowns have since resulted in a series of arrests and prosecutions but a message posted online claimed the group's "comrades" would continue their violent struggle in Operation Nemesis - a campaign of attacks in revenge for the imprisonment of activists.
  • Brexit-hit pound gives sharp boost to export orders

    Brexit-hit pound gives sharp boost to export orders

    Economy

    The report by the CBI, which has previously called for Britain to join the euro and warned Brexit would be a disaster for the United Kingdom economy, also found factory output is already at its highest level since July 2014 with export orders the strongest since December 2013.
  • Airlines notified about new electronics ban on certain US-bound flights

    Economy

    Officials also cited the Christmas Day 2009 incident, when Nigerian student Umar Farouk Abdulmutallab attempted, but failed, to detonate an explosive device hidden in his underwear. Airlines have 96 hours to roll it out, and it will only impact nine airlines from the Middle East and Africa. Right now, the ban will only effect certain U.S.and United Kingdom bound flights from the Mideast and North Africa, 10 airports will be impacted including those in Jordan, Kuwait City, Egypt, Turkey, ...