The United States and Japan will increase their defense cooperation to deal with the threat from nuclear-armed North Korea, officials from the two allies said on Thursday. "In light of the serious situation we face, we are accelerating implementation of the 2015 guideline for the U.S.-Japan defense cooperation, and continuing to realign U.S. forces in Japan and Guam," U.S. Defense Secretary Jim Mattis told a news conference.
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Uber Technologies Inc [UBER.UL] on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case into arbitration. Overturning a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan said Uber and former Chief Executive Officer Travis Kalanick provided the necessary "reasonably conspicuous" notice in online user agreements that disputes should be arbitrated. "The Second Circuit's powerful and commonsense opinion will serve to protect online contracting and strengthen commerce nationwide," Theodore Boutrous, a lawyer for Uber, said in a statement.
Trump disbanded two business councils on Wednesday after several chief executives quit in protest over his remarks on white nationalists. Stocks were rattled earlier in the day following speculation of White House Economic Adviser Gary Cohn's possible departure. "The concern would be if Gary Cohn would decide that if he needs to take a safe step that a lot of CEOs did, it will be very difficult to move forward with pro-growth tax reforms," said Art Hogan, chief market strategist at Wunderlich Securities in New York.
Uber Technologies Inc on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case against the ride-service company into arbitration. Overturning a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan said Uber and former Chief Executive Officer Travis Kalanick properly notified customers in online user agreements that disputes should be arbitrated. By a 3-0 vote, the appeals court also said the Connecticut passenger, Spencer Meyer, could not sue Uber in court despite claiming he never agreed to waive that right.
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