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Tesla owner files lawsuit in California claiming sudden acceleration

January 1, 2017 by · Leave a Comment 

Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It cites seven other complaints registered in a database compiled by the National Highway Traffic Safety …

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Tesla owner files lawsuit in California claiming sudden acceleration

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France’s Danone to buy WhiteWave to boost U.S. business

July 7, 2016 by · Leave a Comment 

France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co for $10.4 billion in its largest acquisition since 2007. The purchase will help Danone pursue affluent consumers by adding WhiteWave's popular health food offerings such as Silk almond milk, Earthbound Farm organic salad and Horizon organic milk to its lineup as it struggles in more challenging markets such as…

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France’s Danone to buy WhiteWave to boost U.S. business

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Laptop in wreckage of Tesla Autopilot car: Florida investigators

July 7, 2016 by · Leave a Comment 

Neither the laptop nor a DVD player also found in the vehicle was running after the crash, said Sergeant Kim Montes of the Florida Highway Patrol. Montes said investigators could not determine whether the driver was operating either at the time of the accident.

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Laptop in wreckage of Tesla Autopilot car: Florida investigators

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GM recalls 1.04 million pickup trucks worldwide to repair seat belts

April 15, 2016 by · Leave a Comment 

General Motors Co said Friday it is recalling nearly 1.04 million newer pickup trucks for a seat belt flaw. GM said the recall in the United States includes 895,232 vehicles and a stop-sale of approximately 3,000 new 2014 and 2015 model year pickups still on dealer lots. GM said the recall was prompted by warranty data that showed the flexible steel cable that connects the seat belt to

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GM recalls 1.04 million pickup trucks worldwide to repair seat belts

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Uber says gave U.S. agencies data on more than 12 million users

April 12, 2016 by · Leave a Comment 

Uber Technologies Inc [UBER.UL] on Tuesday released its first ever transparency report detailing the information requested by not only U.S. law enforcement agencies, but also by regulators. The ride-sharing company said that…

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Uber says gave U.S. agencies data on more than 12 million users

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Apple seeks India government approval to set up retail stores

January 20, 2016 by · Leave a Comment 

MUMBAI (Reuters) – Apple Inc has filed an application with the Indian government to set up its retail outlets in one of the fastest-growing smartphone markets, a spokesman for the Cupertino

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Apple seeks India government approval to set up retail stores

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Oil sinks again on glut as U.S. crude hits new lows

January 20, 2016 by · Leave a Comment 

Oil futures fell further on Wednesday, with U.S. crude touching its lowest since 2003, as a global supply glut bumped up against bearish financial news that sparked deeper worries over demand. U.S. crude oil dropped more than 4 percent in early trading, falling to as far as $27.32 a barrel. “You need the

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Oil sinks again on glut as U.S. crude hits new lows

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Insight: Electric vehicle sales fall far short of Obama goal

January 20, 2016 by · Leave a Comment 

By David Shepardson and Bernie Woodall DETROIT (Reuters) – Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015. The Chevy Bolt promises a breakthrough on both fronts, with a 200-mile range and a price starting at about $30,000 – after government incentives.

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Insight: Electric vehicle sales fall far short of Obama goal

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Oil below $30 fans wipeout fears among U.S. shale survival artists

January 20, 2016 by · Leave a Comment 

By Terry Wade and Anna Driver YORKTOWN, Texas (Reuters) – Across oil fields from Texas to North Dakota fears are growing that crude's plunge below $30 a barrel is more than just another market milestone and marks a countdown to an endgame for many shale producers that so far have braved the 18-month downturn. Oil prices tumbled by more than a fifth this month to 12-year lows 70 percent below mid-2014 levels and…

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Oil below $30 fans wipeout fears among U.S. shale survival artists