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Breakingviews TV: Uber’s good news day
– reuters.com
Rob Cyran and Tom Buerkle see reasons to cheer a governance pact at the ride-hailing app that reduces Travis Kalanick’s influence, brings fresh funds from SoftBank and aims at a 2019 IPO.
Hurricane Damage in Puerto Rico Leads to Fears of Drug Shortages Nationwide
– http://www.nytimes.com/
Two weeks after Hurricane Maria hit Puerto Rico, manufacturers are rushing to get their plants on the island back on line to avoid production problems.
Data lifts Wall Street to fresh highs
– reuters.com
Consumer and healthcare stocks drove the major U.S. market indexes up to close at record highs Wednesday. Fred Katayama reports.
All Yahoo accounts hacked in 2013
– reuters.com
Yahoo says all three billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history. Fred Katayama reports.
Google releases new Home products, Clips camera
– http://www.cnn.com/
At the Made By Google event on Wednesday, the company announced a slew of new products including two new Home speakers, a Pixelbook laptop, and a tiny camera they call Clips.
Ford bets on electric vehicles
– reuters.com
By 2022, Ford plans to cut spending on traditional engines by a third, or about $500 million, and put that money into electric and hybrid vehicle development, on top of $4.5 billion previously announced. Fred Katayama reports.