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California revokes GM self-driving car subsidiary permit, citing 'unreasonable risk to public safety'
California revokes GM self-driving car subsidiary permit, citing 'unreasonable risk to public safety'
Cruise, General Motors' self-driving vehicle subsidiary, just got its license suspended. The California Department of Motor Vehicles revoked Cruise's permits to test and operate fully driverless vehicles on California roads, the agency said in a statement Tuesday.
2023-10-25 03:28
NY Fed finds big slowdown in new mortgage creation in first quarter
NY Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK Amid a modest gain in overall household borrowing levels during the first
2023-05-15 23:17
UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI
UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI
U.K. telecom company BT Group plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence
2023-05-18 21:24
Exclusive-IDB lending capacity can expand to $112 billion after capital raise - president
Exclusive-IDB lending capacity can expand to $112 billion after capital raise - president
By Jorgelina do Rosario and Elisa Martinuzzi LONDON Inter-American Development Bank (IDB) President Ilan Goldfajn said the financial
2023-10-11 22:50
Economic spotlight turns to US jobs data as markets are roiled by high rates and uncertainties
Economic spotlight turns to US jobs data as markets are roiled by high rates and uncertainties
Job growth in the United States has remained resilient for the past 2 1/2 years even after high inflation flared and the Federal Reserve jacked up interest rates at the fastest pace in four decades
2023-10-06 12:17
Open House: Seized HK Mansion Listed for $112 Million Traces Fall of Evergrande Tycoon
Open House: Seized HK Mansion Listed for $112 Million Traces Fall of Evergrande Tycoon
This is the third of Bloomberg’s Open House series, featuring Hong Kong’s most interesting homes. Perched on the
2023-09-22 07:57
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
(Reuters) -Deutsche Bank on Monday forecast the S&P 500 to end next year 12% higher as it expects corporate earnings
2023-11-27 19:54
OPEC+ Struggle Over African Quotas Forces a Delay to Meeting
OPEC+ Struggle Over African Quotas Forces a Delay to Meeting
Saudi Arabia and its oil allies are once again struggling with a dispute over output quotas for African
2023-11-23 10:27
Senate Finance chair pushes GOP megadonor for answers about financial ties with Clarence Thomas
Senate Finance chair pushes GOP megadonor for answers about financial ties with Clarence Thomas
Senate Finance Chairman Ron Wyden is pushing back on assertions from GOP megadonor Harlan Crow that the panel lacks authority to request personal tax information and travel records from him as part of a probe into whether hospitality he provided to Justice Clarence Thomas could have triggered violations of US tax law.
2023-05-18 04:59
Norfolk Southern is first railroad to give all workers sick time but all see progress in labor talks
Norfolk Southern is first railroad to give all workers sick time but all see progress in labor talks
Norfolk Southern became the first major freight railroad with deals to provide sick time to all of its workers Monday, but the other railroads are making progress with nearly 60% of all rail workers securing this basic benefit
2023-06-06 01:24
Record storm cost up to 100 mn euros in damage: Dutch insurers
Record storm cost up to 100 mn euros in damage: Dutch insurers
A record-breaking summer storm that pummelled the Netherlands and Germany, leaving two people dead, has caused as much as 100 million euros ($109 million) in...
2023-07-06 20:19