The two vessels, one flagged in Germany and the other in Singapore, come together after one appears to lose rudder control.
Going into Julia Pierson's hearing before the House Oversight and Government Reform Committee on Tuesday, President Obama has expressed confidence in her and the agency she leads. Will that change?
"For the first time in modern history, the eastern basin of the South Aral Sea has completely dried," NASA says, citing satellite photos from 2000 and 2014.
Rabies kills tens of thousands of people each year. Now scientists are hoping to mount a final siege against the virus globally. The trick? Getting all of our four-legged friends in for a shot.
What a difference eight months makes.
Just last January, eBay President and CEO John Donahoe told analysts in a big conference call, “We and the board believe the best way to drive long-term shareholder value is to keep eBay and PayPal together.”
But here's what Donahoe said in a different statement Tuesday morning, announcing that eBay will spin off PayPal into a separate, publicly traded company: “However, a thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively. The industry landscape is changing, and each business faces different competitive opportunities and challenges."
So, what’s changed? Well, there's been continuing pressure from activist shareholders like Carl Icahn. He’s said all along that PayPal could make more money if it were separated from eBay. Icahn thinks Ebay had a conflict of interest that held back PayPal’s growth.
We can start seeing if Icahn’s right when PayPal becomes a stand-alone stock of its own. That’ll be after an initial public offering sometime later next year.