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Jeff Immelt, the GE chairman and chief executive, has called for Donald Trump to keep the US in the Paris climate accord, weighing into a debate inside the new administration over a campaign promise to withdraw from the landmark agreement.“We are for staying in the treaty. I think global engagement is a good thing,” Mr Immelt told a Washington audience on Thursday. The business community “has kind of [...]
By Dan Whitcomb | LOS ANGELES LOS ANGELES Family members of three victims of the December 2015 shooting rampage in San Bernardino, California, have sued Facebook, Google and Twitter, claiming that the tech giants permitted Islamic State to flourish on social media.The plaintiffs assert that by allowing Islamic State militants to spread propaganda freely on social media, the three companies provided "material support" to the group and [...]
By Michael Flaherty and Ankit Ajmera Greenlight Capital escalated its battle against General Motors Co (GM.N) on Thursday, posting credit ratings documents that it said the automaker inappropriately changed to undermine the hedge fund's proposal to create two classes of GM stock.Greenlight, which owns 3.6 percent of GM shares, has said its dual share plan would boost GM's value by creating a dividend class and a regular [...]
Uber's self-driving venture might not be doomed after all. Many have weighed in on Uber's alleged intellectual property theft case, predicting that the upshot of this legal turmoil might be Uber retracting its self-driving efforts altogether. For those who don't know, here's a brief backgrounder of the situation: Google's self-driving division, Waymo, accused Uber late February of stealing thousands of documents that it claims Uber used to [...]
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BOSTON President Donald Trump's executive order on Thursday making it easier for churches to dabble in politics kept faith with his promise to evangelical Christians who helped him win the White House, but could end up benefiting his opponents as well.Leaders of the U.S. religious left, a rising force of opposition to Trump's hard-line stance on immigration and healthcare, said they were poised to benefit from the [...]
FAI is a leading provider of mission-critical aviation services, based in Germany With 23 aircraft, FAI serves corporations, government agencies and NGOs including the UN and International Committee of the Red Cross Manama, Kingdom of Bahrain, 4th May 2017 Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced today its investment in a significant minority  stake in Axtmann Aviation Holding GmbH that [...]
Microsoft looks ready to widen its Cortana Skills Kit availability as of next week, simultaneous with its Build 2017 developer conference in Seattle. Microsoft has published its schedule and session descriptions for many of its Build 2017 talks via its official Build schedule builder mobile application. (I downloaded a version from the Google Play Store today for my Android phone.)The session list includes several Cortana Skills Kit-themed [...]
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Like the quirky characters in the upcoming film Guardians of the Galaxy Vol. 2, the Hubble Space Telescope has some amazing superpowers, specifically when it comes to observing galaxies across time and space. One stunning example is galaxy cluster Abell 370, which contains a vast assortment of several hundred galaxies tied together by the mutual pull of gravity. That's a lot of galaxies to be guarding, and [...]
Better known for his role in Danny Boyle's Oscar-winning Slumdog Millionaire, Dev Patel has proven equally adept at drama and comedy. Patel joined the cast of Aaron Sorkin's The Newsroom, as well as starred alongside acting royalty in the Best Exotic Marigold Hotel. This year, he's starring alongside Jeremy Irons in The Man Who Knew Infinity, and Lion, with Nicole Kidman and Rooney Mara. Lion is based [...]
DUBAI // "Iron" Mike Tyson, the former undisputed heavyweight champion of the world, hopes his new Dubai gym will unearth a diamond in the rough that could go on to make a career in the fight game. Speaking at Atlantis The Palm on Thursday, the American said Dubai is the perfect venue to launch the Mike Tyson Academy of boxing and fitness. "People don’t have to fight [...]
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11:00 am Suppose we could be brave, Bryce, and go with a pic of Jeffery Lacker as our portrait for today 11:01 am Well, he stepped down from the Richmond Fed after fessing up to helping a colleague at a sister publication -- Medley -- on a story 11:02 am 11:03 am I could give you a rival's analysis of the story 11:03 am It’s not the [...]
Some 2,000 integrated point-of-sale (POS) will be rolled out in more than 650 retail stores across Singapore, supporting various payment options including Samsung Pay and Apple Pay.Local payments services provider Network for Electronic Transfers of Singapore (Nets) and United Overseas Bank would install the terminals at retail brands under the Dairy Farm Singapore Group. A pilot involving the "unified POS systems" was carried out in November last [...]
Or at least not just about the Panama Papers. This election is about saving journalists their jobs. You see, the thing is, this really was the government that kept on giving. And I’m not referring to the just announced minimum wage increase which we will get in two years time, nor the hundreds of employees who have just started working with government and have been immediately given [...]
Elsewhere on Thursday,– Your geopolitics sentence du jour: “Mr. Trump, who likes to do business by phone, is acquiring a reputation for pestering Mr. Xi.”– Meanwhile at the Milken Conf: Super-rich private equity stars rue ‘lousy’ reputation, say they are misunderstood.– A wrap from from Vice: Fyre Festival organizers blew all their money early on models, planes, and yachts. Including:McFarland and Frye Media declined to comment for [...]
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Sign up to receive FirstFT by email hereThe Federal Reserve said it believed the recent slowdown in US growth was likely to prove temporary as it stayed on course for a further increase in short-term interest rates as soon as June. The US central bank kept its target range for the federal funds rate at 0.75 per cent to 1 per cent following its latest two-day meeting. In a [...]
By Clement Uwiringiyimana | KIGALI KIGALI An independent woman candidate announced on Wednesday she would challenge President Paul Kagame, joining two other candidates hoping to defeat him in August elections after 17 years in office.Diane Rwigara, a 35-year-old accountant, said she would work to eradicate poverty, injustice and promote freedom if elected. She does not belong to any political party.Kagame is widely admired for restoring stability to [...]
By Samia Errazzouki and Patrick Markey | RABAT/ALGIERS RABAT/ALGIERS A Moroccan phosphate ship has been held in a South African port by a complaint from Western Sahara Polisario movement that it transported cargo unlawfully from the disputed territory, a lawyer and Polisario said on Wednesday. The seizure of the vessel, carrying 50,000 tonnes of phosphate to New Zealand, may be a test for the Polisario's use of [...]
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By David Morgan and Richard Cowan | WASHINGTON WASHINGTON President Donald Trump and his aides courted moderate Republican lawmakers on Wednesday on a proposal to overhaul the U.S. healthcare system as the White House struggled to avoid another embarrassing defeat on a top legislative priority.As White House aides prepared for meetings and phone calls to persuade skeptical lawmakers on the healthcare bill, Republican House of Representatives Speaker [...]
Guardians of the Galaxy: Vol 2Director: James GunnStarring: Chris Pratt, Zoe Saldana, Michael Rooker, Karen GillanThree starsThe Guardians of the Galaxy, Marvel’s flawed team of intergalactic heroes, are back for more of the irreverent action that helped turn one of Marvel’s more obscure properties into a massive box-office hit in 2014.They are, in a way, anti-Marvel – sometimes dishonest, often objectionable and constantly trying to one-up each [...]
“All the Rivers,” the new English title of the book, was published last week in the United States by Random House, and Ms. Rabinyan, 44, seemed a little nervous. She wanted Americans to read the book for what she said it is — a story of a specific love and its boundaries — and not because of the free speech controversy here or the backdrop of a [...]
Prototype of the hand that sees. Credit: Newcastle University A new generation of prosthetic limbs which will allow the wearer to reach for objects automatically, without thinking—just like a real hand—are to be trialled for the first time. Led by biomedical engineers at Newcastle University, UK, and funded by the Engineering and Physical Sciences Research Council (EPSRC), the bionic hand is fitted with a camera which instantaneously [...]
Elsewhere on Wednesday, – TFW you have become verb used to specify there should be no lying in this particular bond quoting:Shortly after his indictment in 2013, Mr. Peters engaged in a chat session with a potential buyer about the price that would be offered for mortgage securities. The customer wrote, “Ok don’t litvak me! Go ahead with that bid.”– Guardian longread on where oil rigs go [...]
May 2, 2017, DohaThe Communications Regulatory Authority (CRA) has noted an increase in number of complaints regarding scam calls through its 103 hotline, media reports and social media comments. CRA would like to urge consumers to not share any personal information that could compromise their privacy if they receive a call from unknown persons.Significant numbers of consumers reported receiving calls (through apps like WhatsApp and Viber, etc.) [...]
A leaked document made some startling allegations, indicating that Facebook was targeting emotionally insecure and vulnerable users. The company denies such claims. The leaked document reveals that Facebook conducted research to target vulnerable users, but was not published. Nevertheless, although the paper was not released, it still sparked plenty of controversy when it leaked last week and the media was abuzz with reports of how Facebook targeted [...]
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