Uber not criminally liable in 2018 fatal self-driving crash: prosecutors
Arizona prosecutors said on Tuesday that Uber Technologies Inc is not criminally liable in a March 2018 crash in which one of the company’s self-driving cars struck and killed a pedestrian in Tempe.
JetBlue still weighing transatlantic business case: executive
JetBlue Airways Corp is still considering a business case for a potential launch of transatlantic flights from New York and Boston, Chief Commercial Officer Marty St. George said on Tuesday, a decision that is expected this year and possibly as soon as…
Top Tesla shareholder says Musk ‘doesn’t need to be CEO’: Barron’s
Tesla Inc’s largest shareholder expressed its support for Chief Executive Officer Elon Musk, but acknowledged that it was open to a different role for the electric carmaker’s founder and CEO, Barron’s reported on Tuesday.
Stocks slip, dollar gains as China cuts growth target
A gauge of world stock markets recovered from early declines but was slightly lower on Tuesday as China cut its growth targets to a 30-year low but added more stimulus, while strong U.S. economic data sent the dollar to a two-week high.
Airbus books order for 21 helicopters from Air Medical Group
European aircraft maker Airbus Tuesday said it booked an order for 21 helicopters from U.S.-based Air Medical Group Holdings.
GE’s CEO warns of negative industrial cash flow in 2019, shares drop
General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial businesses this year mainly due to its ailing power-plant unit, a gloomy outlook that sent shares and bonds tumbling.
Stocks stall but dollar gains as China cuts growth target
A gauge of world stock markets recovered from early lows to inch higher on Tuesday as China cut its growth targets to a 30-year low but added more stimulus, while strong U.S. economic data put the dollar on track to notch its fifth straight day of gain…
Wall Street treads water as key market level eyed
Wall Street’s main stock indexes moved in and out of positive territory on Tuesday as investors digested positive retailer earnings and economic data and eyed a key level for the benchmark S&P 500 index.
Kohl’s profit view beats forecast as tie-ups, new items lure shoppers
Kohl’s Corp forecast full-year profit above Wall Street estimates on Tuesday, as partnerships with Amazon and a range of new brands attract more shoppers.
Exclusive: Romania’s opposition seeks Huawei ban in telecom infrastructure
Romania’s biggest opposition party will trigger a public inquiry into Huawei’s contribution to critical infrastructure and seek to bar it from 5G network development due to mounting security concerns, its IT expert said on Tuesday.
