Tesla sues former employees for allegedly stealing data, Autopilot source code
Tesla Inc filed a lawsuit on Thursday against a former engineer at the company, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January.
U.S. labor market solid; manufacturing sector slowing
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed after last year’s robust gains.
Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.
Boeing to mandate safety alert in 737 MAX software upgrade: sources
Boeing Co will mandate a previously optional cockpit warning light as part of a forthcoming software update to the 737 MAX fleet that was grounded in the wake of two fatal crashes, two officials briefed on the matter said Thursday.
Levi Strauss shares surge 31 percent in return to stock market
Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the U.S. jeans maker a market value of $8.7 billion and indicating a strong investor appetite ahead of much-awaited listings from Lyft and Uber Technologies.
Wall St. gains as tech boost offsets bank losses after Fed stance
Technology shares pushed Wall Street’s main indexes higher on Thursday, offseting losses in U.S. lenders after the Federal Reserve decided not to raise interest rates this year
IMF supports U.S. Fed’s ‘patient’ halt to rate hikes
The International Monetary Fund supports the U.S. Federal Reserve’s decision to halt its campaign to raise interest rates as a prudent move amid economic uncertainty, IMF spokesman Gerry Rice said on Thursday.
Ford names Amazon veteran Tim Stone as CFO
Ford Motor Co on Thursday named Amazon.com Inc veteran Tim Stone as chief financial officer, the automaker’s first external hire for the role in seven decades.
Boeing to add extra safety alarm in 737 MAX jets: FT
Boeing Co will install an extra safety alarm in the cockpits of all its 737 MAX aircraft after intense criticism in the wake of two fatal crashes, the Financial Times reported on Thursday.
Wall St. edges higher as tech boost counters losses in bank stocks
U.S. stocks eked out gains on Thursday as declines in financial stocks after the Federal Reserve’s move to not raise interest rates this year were countered by gains in technology companies.
