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☆ Consumers Change Food-Delivery Habits
▼ + stars: | 2022-12-29 | by ( Preetika Rana | Heather Haddon | ) www.wsj.com time to read: 1 min

Consumers are changing their food-delivery habits amid economic concerns and as the industry evolves from the growth it saw during the pandemic. Consumers continue to spend more on the biggest food-delivery apps DoorDash Inc. and Uber Technologies Inc.’s Uber Eats, but growth is slowing and people are spending more cautiously, analysts and industry executives said. People are switching to in-store pickups, ordering fewer dishes and changing what they get delivered, they said.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ Ehlers-Danlos syndrome affects millions. Why isn't the medical profession paying more attention?
▼ + stars: | 2022-12-24 | by ( Sarah Lazarus | ) edition.cnn.com time to read: +19 min

“Have you heard of Ehlers-Danlos syndrome?” the podiatrist asked me. There are 13 types of Ehlers-Danlos syndrome (EDS), according to research and advocacy organization The Ehlers-Danlos Society. Drag queen Yvie Oddly, who has hypermobile Ehlers-Danlos syndrome, crab walks down the pink carpet at RuPaul's DragCon LA in 2019. Bluestein says that for many years it was thought that one in 5,000 people had Ehlers-Danlos syndrome. But despite her career choice, Bluestein only received her hEDS diagnosis when she was 47 – more than 30 years later.

☆ Suicide bombing in Pakistan's capital kills 2 suspects and a policeman
▼ + stars: | 2022-12-23 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

At least three police officers and seven passersby were wounded in the bombing in Islamabad. The Pakistani Taliban claimed responsibility for the explosion. Friday’s bombing happened about 9 miles from the garrison city of Rawalpindi, home of the military and government spy agencies. Pakistani Taliban have stepped up attacks on security forces since November, when they unilaterally ended a monthslong cease-fire with the country’s government. The Pakistani Taliban are separate but allied with the Afghan Taliban, who seized power in neighboring Afghanistan last year as U.S. and NATO troops withdrew after 20 years of war.

SummarySummary Companies Crystal Amber proposes removal of chairman, CEO and CFOProposes appointment of two new directorsShares up 5%Dec 23 (Reuters) - Hurricane Energy's (HUR.L) largest shareholder Crystal Amber Fund (CRSL.L) is calling for the removal of top management at the British company and the appointment of two directors from another firm that the fund says could invest in Hurricane. Activist investor Crystal Amber, which holds 28.9% in the North Sea oil and gas producer, said on Friday it had issued a requisition notice for a shareholder meeting, seeking to remove Hurricane Chairman Philip Wolfe, CEO Antony Maris, and finance chief Richard Chaffe. If the two are appointed, Crystal Amber said it would be supportive of bringing on Albion as an investor in Hurricane to raise funds for the company to spend on drilling programmes. Hurricane said it was reviewing the requisition notice from Crystal Amber and that all participants in its sale process had been requested to submit their bids by Jan. 7. "The Fund has concluded that in the continuing absence of a firm offer that reflects the value of Hurricane, it would be better served under new management," Crystal Amber said in a statement.

☆ Pakistan suicide car bombing kills one police official, injures others
▼ + stars: | 2022-12-23 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

[1/3] Police officers and rescue workers gather at the site of a suicide car bombing in Islamabad, Pakistan December 23, 2022. "Our initial information says that there was a man and a woman in the car," Islamabad operations police chief, Sohail Zafar, told reporters. "Had the car reached its target, it would have caused heavy losses," Interior Minister Rana Sanaullah told Geo News TV. Pakistani Taliban claimed the car bombing, saying it was revenge for the killing of one of their leaders. The bombing came two days after a Pakistani military operation killed 25 TTP militants after a standoff at a counter-terrorism facility.

☆ 7 up-and-coming battery makers vying for the $370 billion electric commercial vehicle business
▼ + stars: | 2022-12-22 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +6 min

The global electric commercial vehicle market is expected to top $370 billion in annual revenue by 2030. With a flood of new battery-powered autos set to transform the business of building passenger vehicles, it was natural that commercial vehicles would be next. The global electric commercial vehicles market is expected to surpass $370 billion in annual revenue by 2030, according to Guidehouse Insights. It also has its toes deep into electric mobility, building batteries not only for EVs but also electric buses, boats, and trucks. Now, through internal changes and acquisitions, BorgWarner is positioning itself for the electrified future, especially as that future comes to commercial vehicles.

☆ Pakistani journalist's killing in Kenya a pre-meditated murder -report
▼ + stars: | 2022-12-09 | by ( Asif Shahzad | ) www.reuters.com time to read: +4 min

TV journalist Arshad Sharif, who had fled Pakistan citing threats to his life, was shot dead in Nairobi in October. The fact-finding team highlighted one wound in particular on Sharif's back, saying it appeared to have been inflicted from relatively close range. The fact-finding team's report also pointed out apparent contradictions in the autopsy reports in Kenya and Pakistan. The post-mortem report in Pakistan identified 12 injuries on Sharif's body whereas the Kenyan report identified just two injuries pertaining to gunshot wounds. The fact-finding team report said doctors believed the injures may be the result of torture or a struggle, but it could not be established until verified by the doctor who conducted the post mortem in Kenya.

☆ DoorDash Cuts 6% of Staff, Joining Other Companies Reversing Pandemic-Fueled Hiring
▼ + stars: | 2022-11-30 | by ( Preetika Rana | Will Feuer | ) www.wsj.com time to read: 1 min

DoorDash Inc. said it is laying off around 1,250 people just weeks after offering a bullish outlook for its food-delivery business, extending a run of tech companies that have abruptly reversed course on hiring in recent months after blistering growth during the pandemic. Chief Executive Tony Xu said the cuts, equivalent to 6% of DoorDash employees, were the most difficult announcement in the company’s close to 10-year history.

☆ We thought free trade was going to make everyone like us, says Financial Times' Rana Foroohar, it doesn't
▼ + stars: | 2022-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe thought free trade was going to make everyone like us, says Financial Times' Rana Foroohar, it doesn'tRana Foroohar, Financial Times Global business columnist, joins 'Closing Bell: Overtime' to discuss global hotspots in the new economic order.

☆ Pakistan's Imran Khan relaunches political march after surviving gun attack
▼ + stars: | 2022-11-10 | by ( Asif Shahzad | ) www.reuters.com time to read: +3 min

"Our march wouldn't stop," Khan said, adding the protest will instead gather strength as it closes on the capital Islamabad. His successor Prime Minister Shehbaz Sharif has rejected the demand, saying the election will be held as scheduled later next year. Interior Minister Rana Sanaullah has said the shooter was a "self motivated and committed person" who carried out the attack on religious basis. The former premier instead alleges that Sanaullah, the prime minister and a Pakistan military general from the country's spy agency, Inter Services Intelligence (ISI), were involved in the assassination attempt. The police have the suspected shooter in custody after he was intercepted by a Khan supporter who threw off his aim.

☆ Lyft-Backed Proposal to Tax Rich for Green Initiatives Rejected in California
▼ + stars: | 2022-11-09 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

California voters rejected a ballot measure that sought to tax the state’s rich for its planned transition to electric vehicles and other green initiatives, dealing a blow to ride-hailing company Lyft Inc. and the environmental groups that had backed the proposition. With about 95% of the ballots counted, around 59% of the vote was against the proposal and 41% was in favor as of Wednesday morning. The Associated Press projected it would be rejected.

☆ Pakistan police name lone shooter in gun attack on Imran Khan
▼ + stars: | 2022-11-09 | by ( ) www.nbcnews.com time to read: +3 min

ISLAMABAD — Pakistani police on Tuesday opened a criminal investigation into a failed assassination attempt on former Prime Minister Imran Khan and said just one shooter was involved. Police said the suspected shooter was arrested after Khan supporter Ibtesam Hasan overpowered him and threw off his aim. Interior Minister Rana Sanaullah said on Tuesday the suspect was self-motivated. Police confirmed to Reuters on Tuesday this was the same man as the suspect Mohammad Naveed named in the case. Khan said on Twitter on Tuesday that the police case was “farcical.”He has accused Prime Minister Shehbaz Sharif, Interior Minister Rana Sanaullah and intelligence official Major-General Faisal Nasser of planning to assassinate him.

Islamabad, Pakistan CNN —A Pakistani journalist shot dead by police in Kenya last month was the victim of a “targeted killing,” a senior member of Pakistan’s government said on Tuesday, without offering any evidence to support his claim. Television journalist Arshad Sharif – a vocal critic of the Pakistani military – died in a police shooting near Kenya’s capital Nairobi on October 23. Kenyan police told CNN they were unaware Pakistani officials had made any allegations about non-cooperation. Sharif fled Pakistan in August after sedition charges were leveled against him for allegedly criticizing state institutions and “abetting mutiny” within the military. The associate said Sharif then went to Kenya and had only been in the East African country for a few weeks before his death.

Police said the suspected shooter was arrested after Khan supporter Ibtesam Hasan overpowered him and threw off his aim, possibly saving the ex-premier from more serious gunshot wounds. Khan has accused three people of devising a plan to assassinate him, naming Prime Minister Shehbaz Sharif, Interior Minister Rana Sanaullah and intelligence official Major-General Faisal Nasser. Khan launched what is known as a long-march protest rally from Lahore to the capital on Oct. 28. He was waving to the crowd from a container mounted on a truck in Wazirabad when a man fired several shots at him. Reporting by Asif Shahzad in Islamabad and Mubasher Bukhari in Lahore, Pakistan; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

☆ Pakistan minister: Evidence suggests shot reporter was targeted in Kenya
▼ + stars: | 2022-11-08 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

REUTERS/Thomas MukoyaISLAMABAD, Nov 8 (Reuters) - Pakistan's interior minister said on Tuesday evidence suggested a prominent Pakistani journalist was the victim of a targeted killing in Kenya, not an accidental shooting, though he still needed more information on the incident. Kenyan police spokesman Bruno Shioso declined to respond to the minister's comments on the death of TV journalist Arshad Sharif, who was shot dead on the evening of Oct. 23 on the outskirts of the Kenyan capital Nairobi. "We still need to obtain more (evidence) to confirm all this ... and we have asked the Kenyan government for more data," he added. Sanaullah said the team had returned from Kenya, but Kenyan police had not yet given Pakistani investigators all of Sharif's recovered belongings. "We will now ask the foreign office to contact the Kenyan government, and the prime minister will also speak to the Kenyan president," the minister said.

☆ Lyft Shares Slide After Disappointing Revenue and Ridership Numbers
▼ + stars: | 2022-11-07 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft Inc.’s stock fell Monday after it said its revenue growth slowed last quarter and the number of people using its service remained below prepandemic levels, rising at slower-than-expected pace. The company reported revenue of $1.05 billion for the three months through September. That is 22% above a year earlier, the slowest growth for Lyft in more than a year. Analysts polled by FactSet had expected revenue of $1.06 billion.

☆ Lyft Shares Slide After It Reports Slower Growth for Last Quarter
▼ + stars: | 2022-11-07 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft Inc.’s stock fell Monday after it said its revenue growth slowed last quarter and the number of people using its service remained below prepandemic levels, rising at slower-than-expected pace. The company reported revenue of $1.05 billion for the three months through September. That is 22% above a year earlier, and in line with Wall Street’s forecasts, the slowest growth for Lyft in more than a year.

☆ Imran Khan welcomes probe into shooting
▼ + stars: | 2022-11-06 | by ( Mubasher Bukhari | ) www.reuters.com time to read: +2 min

LAHORE, Nov 6 (Reuters) - Former Pakistani Prime Minister Imran Khan said on Sunday he welcomed the government's offer to launch a judicial commission to investigate the attack in which he was shot in the leg on Thursday. Former foreign minister Shah Mahmood Qureshi will lead the rally in coming weeks in the eastern province of Punjab, Khan said. Khan has accused three people of devising a plan to assassinate him, naming Prime Minister Shehbaz Sharif, Interior Minister Rana Sanaullah and intelligence official Major-General Faisal Nasser. Sharif on Saturday said that Khan was making "baseless allegations" but that the government had requested the country's chief justice to form a judicial commission to investigate the claims. Reporting by Gibran Peshimam and Mubasher Bukhari; Writing by Charlotte Greenfield; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Ex-Pakistan PM Imran Khan stable after shooting; party to hold protests
▼ + stars: | 2022-11-04 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Pakistan’s former Prime Minister Imran Khan is in a stable condition after being shot and wounded during a protest march, a senior leader from his party said Friday. One of Khan’s supporters was killed and 13 others, including two lawmakers, were wounded in the attack. He provided no further details, but Khan’s party in a brief statement urged supporters to hold nationwide rallies to condemn the shooting. Asad Umar, a senior figure from Khan’s party, blamed the shooting on Prime Minister Shahbaz Sharif, the country’s interior minister, and an army general without offering any evidence. Interior Minister Rana Sanaullah Khan said some political elements from Khan’s party were trying to create chaos in the country following the attack.

[1/2] A truck is seen at a crime scene after a shooting incident on a long march by Pakistan former Prime Minister Imran Khan, in Wazirabad, Pakistan November 4, 2022. REUTERS/Akhtar SoomroWAZIRABAD, Pakistan, Nov 4 (Reuters) - The party of former Pakistani Prime Minister Imran Khan, who was shot and injured in an apparent assassination attempt, said country-wide protests would be held on Friday as tensions remained high in the South Asian nation. "Today, after Friday prayers, there will be protests across the country, which will continue until Imran Khan's demand is met," Asad Umar, a close Khan aide, said on Twitter. Khan's supporters began gathering again early on Friday at the spot of the apparent assassination attempt and called on the former prime minister to restart his march on Islamabad. Sharif has also called for a transparent inquiry into the shooting, which occurred in an area where Khan's party is in government.

☆ Lyft Plans to Lay Off About 700 Employees in Second Round of Job Cuts
▼ + stars: | 2022-11-03 | by ( Preetika Rana | Emily Glazer | ) www.wsj.com time to read: 1 min

Lyft Inc. said it is cutting 13% of staff, or nearly 700 jobs, the latest technology company to say it needed to reduce costs ahead of choppy economic conditions. Co-founders John Zimmer and Logan Green announced the cuts to staff Thursday. “There are several challenges playing out across the economy. We’re facing a probable recession sometime in the next year and rideshare insurance costs are going up,” they wrote in the memo viewed by The Wall Street Journal.

☆ DoorDash Shares Surge on Stronger-Than-Expected Earnings
▼ + stars: | 2022-11-03 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

DoorDash said its core U.S. restaurants business was profitable on an adjusted basis. DoorDash Inc. shares surged Thursday after it unveiled stronger-than-expected results for last quarter, saying consumers continue to spend more on delivery of food and household essentials even as restaurants have reopened and raised prices. DoorDash’s revenue in the three months through September grew 33% to $1.7 billion from a year earlier. That beat the average revenue estimate of $1.62 billion from analysts polled by FactSet.

☆ Lyft to Lay Off About 700 Employees in Second Round of Job Cuts
▼ + stars: | 2022-11-03 | by ( Preetika Rana | Emily Glazer | ) www.wsj.com time to read: 1 min

Lyft Inc. said it is cutting 13% of staff, or nearly 700 jobs, the latest technology company to say it needed to reduce costs ahead of choppy economic conditions. Confirming an earlier report by The Wall Street Journal, Lyft co-founders John Zimmer and Logan Green announced the cuts to staff Thursday. “There are several challenges playing out across the economy. We’re facing a probable recession sometime in the next year and ride-share insurance costs are going up,” they wrote in the memo viewed by the Journal.

There was a lot of bleeding," Fawad Chaudhry, a spokesperson for Khan's Pakistan Tehreek-e-Insaf (PTI) party, told Reuters. "I heard a burst of bullet shots after which I saw Imran Khan and his aides fall down on the truck," witness Qazzafi Butt told Reuters. "Later, a gunman shot a single shot but was grabbed by an activist of Khan's party." [1/7] Former Pakistani Prime Minister Imran Khan is helped after he was shot in the shin in Wazirabad, Pakistan November 3, 2022 in this still image obtained from video. Her father and former prime minister Zulfikar Ali Bhutto was hanged in the same city in 1979 after being deposed in a military coup.

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