Bloomberg

Baidu's Chief Scientist Ng to Depart in Setback for AI Push
Bloomberg
The chief scientist helping drive Baidu Inc.'s push into artificial intelligence is quitting the Chinese search giant, putting at risk its efforts to put AI at the center of a business revival. Andrew Ng, a Stanford University academic who worked on
Opening a new chapter of my work in AI – MediumMedium

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Bloomberg

Airbnb Adopts New Name, Doubles Investment to Woo China
Bloomberg
The U.S. home-sharing giant is adopting the name “Aibiying” in China, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to serve the world's largest population of travelers
Airbnb is doubling down on ChinaTechCrunch
Airbnb embarks on China push with more staff, local nameReuters
Airbnb to triple China presence, focus on Chinese travelerUSA TODAY
Skift –Forbes –CNBC –CNET
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Washington Post

How the new 'electronics ban' serves the Trump agenda
Washington Post
Want smart analysis of the most important news in your inbox every weekday along with other global reads, interesting ideas and opinions to know? Sign up for the Today's WorldView newsletter. Travelers around the world woke up on Tuesday to an alarming …
New Device Restrictions On Some Flights: Few Facts, Many QuestionsNPR
US and UK ban laptops and other devices on flights from Middle EastCNNMoney
Official: Ban on electronics in carry-ons tracks back to 2016 bombingCBS News
SFGate –Reuters –Bloomberg –Huffington Post
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USA TODAY

Sears and Kmart owner says 'substantial doubt' it can stay in business
USA TODAY
The company that operates Sears, the department store chain that dominated retail for decades, warned Tuesday that it faces "substantial doubt" about its ability to stay in business unless it can borrow more and tap cash from more of its assets. "Our
Sears Warns of 'Substantial Doubt' About Company's FutureBloomberg
Sears flags going concern doubtsCNBC
Sears Acknowledges 'Substantial' Fears It Could Go BankruptFortune
Business Insider –TheStreet.com –Seeking Alpha –Fox Business
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New York Times

Uber Board Stands by Travis Kalanick as It Reveals Plans to Repair Its Image
New York Times
At a drivers' center in Long Island City, Queens, Uber employees helped future drivers with paperwork early this month. The company is seeking to improve relations with its drivers, who are freelancers. Credit John Taggart for The New York Times.
Uber details early steps to change culture, and ongoing COO searchTechCrunch
Uber's president resigns, adding to the company's turmoilLos Angeles Times
Uber says it just had its best US week ever — despite its executive turmoil and image problemsRecode
BBC News –Yahoo News –BuzzFeed News –The Verge
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Bloomberg

FedEx Earnings Are Worth a Second Look
Bloomberg
The parcel-delivery giant reported its results for the peak holiday quarter after the close of regular trading on Tuesday. Adjusted earnings per share in the period massively missed even the lowest of analysts' estimates. FedEx now expects fiscal year
FedEx's (FDX) CEO Fred Smith on Q3 2017 Results – Earnings Call TranscriptSeeking Alpha
FedEx Delivers Mixed Quarterly Earnings ResultsFox Business
Fedex fails to deliver to analysts on latest earningsUSA TODAY
MarketWatch –Nasdaq –Forbes –The Commercial Appeal
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Washington Post

Labor nominee Acosta cut deal with billionaire guilty in sex abuse case
Washington Post
There was once a time — before the investigations, before the sexual abuse conviction — when rich and famous men loved to hang around with Jeffrey Epstein, a billionaire money manager who loved to party. They visited his mansion in Palm Beach, Fla.
Acosta, Trump's Labor pick, is the right consensus candidateThe Hill (blog)
The Workers Behind Andy Puzder's Defeat Have Questions for Alexander AcostaHuffington Post
Trump's new choice for labor secretary faces SenateCNNMoney
New York Daily News –Bloomberg BNA –Washington Free Beacon –National Retail Federation (press release)
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Los Angeles Times

Andy Puzder is stepping down as CEO of Carl's Jr. parent firm CKE
Los Angeles Times
Fast-food executive Andy Puzder, whose bid to become Labor secretary collapsed last month, is stepping down as chief executive of Carl's Jr. parent CKE Restaurants. Taking over the reins at CKE will be Jason Marker, a fast-food veteran who has served
US stocks sink to biggest losses this yearWashington Post
Trump's Former Labor Nominee Leaves Hardee's, Carl's Jr.Huffington Post
Carl's Jr./Hardees CEO, Trump's pick for Labor, retiresUSA TODAY
New York Times –Business Insider –Bloomberg –CNBC
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Reuters

Wall Street sinks on fears of delays to Trump tax cuts
Reuters
Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote. The S
Wall Street's worst day since before Trump's electionCBS News
Wall Street suffers worst day this yearBBC News
What's next after stock market's sharp drop? Here's what history saysMarketWatch
The Atlantic –Nasdaq –Barron’s –Financial Times
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In this month’s roundup of intriguing sustainability career moves: Google offshoot Waymo hires a new policy VP, an ex-solar executive jumps into self-driving cars and more.