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Laptop in wreckage of Tesla Autopilot car: Florida investigators
July 7, 2016 by creative · 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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Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit
July 7, 2016 by publisher · Leave a Comment
(Reuters) – The U.S. Internal Revenue Service is examining Facebook Inc in connection with its transfer of various rights associated with its worldwide business to a holding company in Ireland, according to court papers. The U.S. Justice Department filed a lawsuit on Wednesday in federal court in San Francisco seeking to enforce IRS summonses served on Facebook and force the company to produce various documents as part of the agency's examination. (Reporting by Nate Raymond in New York; Editing
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Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit
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Jobless claims, hiring data brighten U.S. labor market view
July 7, 2016 by publisher · Leave a Comment
U.S. private payrolls increased more than expected in June as small businesses ramped up hiring, and fewer Americans applied for unemployment benefits last week, suggesting a rebound in job growth after May's paltry gains. Thursday's reports underscored the economy's strength and supported views that the United States would weather the impact of last month's British referendum to leave the European Union. “The labor market does not seem to be faltering.
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Jobless claims, hiring data brighten U.S. labor market view
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Tesla told regulators about Autopilot crash nine days after accident
July 6, 2016 by creative · Leave a Comment
By Alexandria Sage and Paul Lienert SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, …
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Tesla told regulators about Autopilot crash nine days after accident
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Glencore sells agri unit stake for $2.5 billion to Canadian pension fund
April 6, 2016 by publisher · Leave a Comment
Commodity miner and trader Glencore has agreed to sell 40 percent of its agricultural unit to Canada's state pension fund for $2.5 billion, the company's latest step to cut debt and soothe investor concerns about the impact of weak commodity prices. The sale values the agricultural unit as a whole at close to the initially expected $10 billion, including $0.6 billion in debt and $2.5 billion in inventories, and comes after Glencore…
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Glencore sells agri unit stake for $2.5 billion to Canadian pension fund
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Oil rises as market ponders scale of future Iran exports
January 4, 2016 by creative · Leave a Comment
By Amanda Cooper LONDON (Reuters) – Oil prices rose on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi Arabia, the world's biggest oil exporter…
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Oil rises as market ponders scale of future Iran exports
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GM, Lyft announce $500 million investment by automaker and strategic alliance
January 4, 2016 by elegant · Leave a Comment
By Steve Trousdale SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service. The two companies said the partnership, which involves one of…
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GM, Lyft announce $500 million investment by automaker and strategic alliance
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Fidelity drops credit card partners American Express, Bank of America
January 4, 2016 by admin · Leave a Comment
By Tim McLaughlin BOSTON (Reuters) – Fidelity Investments said on Monday it is dropping long-time credit card partners American Express Co and Bank of America Corp , ending a 12-year partnership that has generated billions of dollars in fees. Boston-based Fidelity, which has 24 million customers, said its new partners will be U.S. Bancorp and
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Fidelity drops credit card partners American Express, Bank of America
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U.S. manufacturing activity slumps, construction spending falls
January 4, 2016 by elegant · Leave a Comment
By Lucia Mutikani NEW YORK (Reuters) – The U.S. manufacturing sector contracted further in December, as the impact of a stronger U.S. dollar undermined export profitability, while U.S. construction spending fell for the first time in nearly 1-1/2 years in November, suggesting only moderate economic growth in the fourth quarter of 2105. The U.S. Institute for Supply Management (ISM) said its index of national factory activity fell to 48.2 from 48.6 in November and is now at its lowest level since June 2009. A reading above…
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U.S. manufacturing activity slumps, construction spending falls