U.S. wants to remove unnecessary barriers to self-driving vehicles U.S. wants to remove unnecessary barriers to self-driving vehicles: The auto safety agency said in a report that it wants to find any “unnecessary regulatory barriers” to self-driving cars “particularly those that are not equipped with controls for a human driver.” […]
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Tesla cuts Model 3 part orders to Taiwan supplier Hota Tesla cuts Model 3 part orders to Taiwan supplier Hota: Luxury electric carmaker Tesla (TSLA.O) plans to slash by 40 percent its orders for parts for the new Model 3 mass-market sedan from Taiwanese auto component maker Hota Industrial Mfg. […]
Euro tumbles against dollar Treasury yields up Euro tumbles against dollar Treasury yields up: The dollar index .DXY rose 0.99 percent, with the euro EUR= down 1.35 percent to $1.1653 after the ECB said it would cut its bond purchases in half to 30 billion euros a month from January. […]
Twitter says it could turn first-ever profit Twitter says it could turn first-ever profit: Shares of Twitter soared more than 18 percent to $20.31 in afternoon trading. The company also said user growth resumed in the third quarter after stalling in the prior three months. Twitter has never had a […]
Carlyle Group unveils new leadership as founders step back Carlyle Group unveils new leadership as founders step back: The move makes Carlyle the latest buyout firm to take steps toward a generational change, after peer KKR & Co LP (KKR.N) said in July it would promote Joseph Bae and Scott […]
T-Mobile Sprint ready board committees to decide on merge T-Mobile Sprint ready board committees to decide on merge: These board committees are important for the merger because T-Mobile and Sprint are majority owned by Germany’s Deutsche Telekom AG (DTEGn.DE) and Japan’s SoftBank Group Corp (9984.T) respectively, and could be left […]
Airbnb China head exits a week after co-founder named unit chair Airbnb China head exits a week after co-founder named unit chair: Hong Ge, who previously worked for Google Inc and Facebook Inc, left to pursue another role and the firm is yet to name a successor, said Airbnb in […]
Google latest iPhone rival off to a rocky start Google latest iPhone rival off to a rocky start: The Pixel 2 and Pixel 2 XL, which start at $649 and debuted in stores on Thursday, are the lynchpin of Google’s efforts to take on Apple Inc’s (AAPL.O) iPhone directly. Early […]
Wall Street closes lower Treasury prices higher Wall Street closes lower Treasury prices higher: General Electric (GE.N) tumbled 6.3 percent after some research analysts lowered their price targets on the stock, citing higher chances of a dividend cut at the industrial conglomerate. U.S. Treasury prices rose slightly, tracking gains in […]
Fidelity chairman deals with fallout from sexual harassment claims Fidelity chairman deals with fallout from sexual harassment claims: Johnson is addressing inappropriate workplace conduct such as sexual harassment by hiring a consulting firm to review employee behavior stretching back years, the Wall Street Journal reported on Sunday. “Fidelity’s policies specifically […]
