Little more than a day after Dara Khosrowshahi decided to accept the Uber board’s offer to become the embattled ride-share company’s new CEO – after the company’s top two candidates dropped out of the running - he received a welcome-aboard present that was just so…Uber.
Update: According to the NHS, Atlantic Tropical Storm Irma has formed, and could be a Hurricane by Friday. With top winds of 50 miles (80 kilometers) per hour, Irma formed 420 miles west of Cabo Verde moving west at 13 mph, the U.S. National Hurricane Center in an 11 a.m. N.Y. time advisory.
According to Jeff Masters, co-founder of Weather Underground, computer forecast models disagree on its ultimate track but a U.S. strike later in September cannot be ruled out.
Following the latest missile launch from North Korea, which sparked panic as it flew over Japan before splashing down in the Pacific, Trump remained noticeably silent on the topic...until now. In a new tweet this morning, Trump has finally broken his silence saying "talking is not the answer!" to solve the North Korea crisis.
"The U.S. has been talking to North Korea, and paying them extortion money, for 25 years. Talking is not the answer!"
Five days after it first plowed into southwest Texas as a category 4 hurricane, Tropical Storm Harvey has made second landfall west of Cameron on the border between Texas and Louisiana, early Wednesday according to the National Hurricane Center. The storm, which has already pummeled the city of Houston with more than 50 inches of rain – a new record for the contiguous US, according to the Wall Street Journal – has left at least 18 dead, including two Houston police officers, and forced tens of thousands of people from their homes.
S&P futures are higher in early Wednesday trading, alongside Asian stocks and European bourses, both solidly in the green as the EURUSD drifts below the 1.20 "redline" while the dollar rebounds off a two and a half year low following the US "measured" response to North Korea’s missile test, which soothed jittery investors who now turn their focus to US economic data. Equity indexes in Japan, Hong Kong and South Korea also rose while 10Y US Treasuries are steady before the release of ADP employment and GDP data, both of which are expected to show an increase.