NTSB: ‘operational limitations’ played major rule in Tesla autopilot crash
WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) said Tuesday “operational limitations” in the Tesla Model S played a “major role” in the May 2016 crash that killed a driver using the vehicle’s semi-autonomous…
DowDuPont alters post-merger breakup plans amid investor pressure
(Reuters) – DowDuPont, formed through the merger of chemical giants Dow Chemical and DuPont, is shifting some operations in the three units it plans to create, potentially averting a prolonged fight with activist investors over its post-merger plans.
Britain toughens stance on Murdoch’s bid for Sky
LONDON (Reuters) – Britain toughened its stance on Rupert Murdoch’s $15 billion takeover of Sky on Tuesday, an unexpected move that sent shares in the pay-TV group down sharply on fears it may be blocked.
Goldman details $5 billion revenue growth plan
(Reuters) – Goldman Sachs Group Inc on Tuesday unveiled a growth plan that could add as much as $5 billion in revenue for the bank annually.
British PM May asks Trump to help over Boeing’s Bombardier challenge
LONDON (Reuters) – British Prime Minister Theresa May has asked President Donald Trump to intervene in a dispute between Boeing Co and Canadian rival Bombardier to help secure thousands of jobs in Northern Ireland.
British, Canadian PMs set for talks on Bombardier-Boeing spat
ST. JOHN’S, Newfoundland (Reuters) – The leaders of Britain and Canada are set for talks next week on a crisis between Boeing Co and its Canadian rival Bombardier that could have major political implications for both countries, a source close to the …
Exclusive: Toshiba favors Bain group for chip sale; Western Digital talks stall – sources
TOKYO (Reuters) – Toshiba Corp now favors a group led by Bain Capital LP and SK Hynix Inc to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp , two people briefed o…
Futures higher as Irma weakens further; Apple in focus
(Reuters) – U.S. stock index futures were slightly higher on Tuesday as Irma weakened further into a post-tropical cyclone and investors awaited the highly anticipated launch of the new iPhone.
BlackRock reshuffles top regional, business unit executives
NEW YORK (Reuters) – BlackRock Inc, the world’s largest asset manager, is reshuffling some of its top regional executives and placing new leadership at the head of its lucrative alternatives business, according to a memo on Tuesday.
Exclusive: Toshiba now favors Bain group for chip sale; Western Digital talks stall – sources
TOKYO (Reuters) – Toshiba Corp now favors a group led by Bain Capital LP and SK Hynix Inc as buyer for its prized semiconductor business, as it has failed to bridge key gaps with its business partner and rival bidder Western Digital Corp , two people…
