Uber, distracted backup driver cited by NTSB in fatal self-driving crash
A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company’s autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle’s…
Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip
Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July.
NZ cenbank ‘looks closely’ at Australian regulator allegations against Westpac
New Zealand’s central bank said on Wednesday that it would look closely at findings by Australia’s financial crime watchdog calling Westpac Banking Corp’s anti-money laundering oversight “deficient”.
Australia’s Westpac accused of 23 million money laundering breaches
Australia’s Westpac Banking Corp was accused on Wednesday of 23 million breaches of anti-money laundering rules, with a regulator saying the financial giant enabled payments from “high risk” countries and convicted child sex offenders.
U.S. housing outlook improves but not breaking new ground: Reuters poll
The rise in U.S. home prices will continue to outpace consumer inflation until at least 2022, albeit at a slower pace than forecast three months ago, despite a majority of analysts polled by Reuters predicting an improvement in activity in the coming y…
Asia shares numbed by trade noise, oil takes a spill
Asian shares lumbered lower on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply saw oil prices suffer their biggest spill in seven weeks.
After meeting AFL-CIO, Pelosi says USMCA must be enforceable for workers to win passage
U.S. House of Representatives Speaker Nancy Pelosi on Tuesday conditioned her support for a new U.S.-Mexico-Canada trade deal on better enforcement of its labor provisions, defying pressure by the Trump administration to get the deal done quickly.
Morgan Stanley pushes advisers to boost revenue in 2020 pay plan: sources
Morgan Stanley told financial advisers on Tuesday that they could be paid less if they do not generate more revenue or get customers to sign up for comprehensive financial plans next year, people familiar with the bank’s 2020 compensation plan said.
Vodafone extends tech partnership with Ryanair
Vodafone has secured a seven-year technology partnership with Ryanair to handle services including online booking, passenger boarding and in-flight transactions for the Irish airline in Europe.
Alibaba will raise up to $12.9 billion in Hong Kong listing: sources
Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said.
