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Iceland's new Prime Minister Katrin Jakobsdottir takes office

Iceland's new Prime Minister Katrin Jakobsdottir takes office

World
Nov. 30 (UPI) -- Katrin Jakobsdottir, leader of Iceland's Left-Green movement, has taken the office of prime minister.On Wednesday, Jakobsdottir, 41, took office as the second woman to head Iceland's three-party coalition government consisting of the Left Green Movement, the Independence Party and the Progressive Party.She previously served as chairperson of the Left Green Movement in 2003 and simultaneously served as Iceland's minister of Education, Science and Culture and minister of Nordic Cooperation from 2009 to 2013.Jakobsdottir said her administration will focus on investing more in healthcare, education and transport infrastructure, continuing to help Iceland recover from the 2008 financial crash, and improving gender equality and LGBT rights.She has been voted Iceland's most trust...
Elon Musk takes 1st steps to build futuristic underground tunnel in LA

Elon Musk takes 1st steps to build futuristic underground tunnel in LA

Technology
It could all be a pipe dream. Elon Musk has filed a permit to dig a tunnel within Los Angeles city limits that would alleviate the standstill traffic the City of Angels is famous for. Last week, The Boring Company, the firm Musk created to build the tunnel, filed an application with city officials to start digging within city limits, the Los Angeles Times reported. Musk tweeted a photo of the first stage of the project near his office in Hawthorne, in southwestern Los Angeles County near Los Angeles International Airport, on Oct. 28. The the initial proposed route would stretch along Interstate 405 from Hawthorne to Westwood, and the project will be funded entirely by private money, a spokesperson for The Boring Co. said Tuesday, according to the Times. Last month, Musk expressed hope...
Icahn in activist move takes 13% stake in SandRidge Energy, DJ reports

Icahn in activist move takes 13% stake in SandRidge Energy, DJ reports

Finance
Carl Icahn has bought a 13 percent stake in SandRidge Energy, becoming the latest shareholder to oppose the company's deal to acquire Bonanza Creek, according to a Securities and Exchange Commission filing.SandRidge is an oil exploration and production company based in Oklahoma City. Last week, it announced a $ 746 million deal to buy rival Bonanza Creek. But the activist investor Fir Tree Partners, which owns more than 8 percent of SandRidge, on Monday said it opposed the deal, saying the price is too high.Icahn also has stakes in CVR Energy and Cheniere Energy.Dow Jones first reported the stake, citing sources.Let's block ads! (Why?) Finance
Catalonia independence: Spain takes charge of Catalan government

Catalonia independence: Spain takes charge of Catalan government

World
The Spanish government has stripped Catalonia of its autonomy and taken charge of its government.The measures early on Saturday came after the Catalan parliament voted to declare independence on Friday.An official state bulletin dismissed Catalan leaders and handed control of Catalonia to Spain's Deputy Prime Minister, Soraya Saenz de Santamaria.Earlier, Spain's interior ministry took charge of Catalonia's police after firing senior Catalan police officials.On Friday, PM Mariano Rajoy announced the dissolution of the regional parliament and the removal of the Catalan leader, and called snap local elections.Demonstrations for and against independence went on into the night.More are expected on Saturday, with a rally "for the unity of Spain and the constitution" to be held in Madrid.The cris...
Why Pinterest boss Tim Kendall takes a daily ice bath

Why Pinterest boss Tim Kendall takes a daily ice bath

Technology
When you think of the giants of Silicon Valley, Pinterest may not immediately spring to mind. But with 200 million active users and a recent valuation of $ 12.3bn (£9bn), the platform that started out in 2012 as a quirky online scrapbook has quietly become a hot commodity for advertisers and investors alike. Perhaps that's why Pinterest president Tim Kendall chooses to keep his cool with a daily ice bath. And the BBC's Zoe Kleinman found out that's not his only unusual routine...Zoe Kleinman: Is it true that you have an ice bath every morning?Tim Kendall: I now have a freezer on my back deck that I put water into, and now I get into that because the bath with ice wasn't quite cold enough. So, it continues to escalate.It's like people having coffee in the morning. It's a slightly more extr