Apple, Tesla ask California to change its proposed policies on self-driving car testing
(Reuters) – Apple Inc has asked the state of California to make changes in its proposed policies on self-driving cars, the latest sign the technology giant is pursuing driverless car technology.
U.S. gasoline demand falls for second straight month: EIA
NEW YORK (Reuters) – U.S. gasoline demand fell 2.4 percent in February from a year earlier, the second straight monthly decline, according to data released on Friday by the U.S. Energy Information Administration that suggested the market may have troub…
Italian police say Amazon has evaded 130 million euros of taxes
MILAN (Reuters) – Milan tax police have told Amazon they believes the world’s largest online retailer has evaded around 130 million euros ($142 million) of taxes in Italy, a source close to the matter said on Friday.
In first 100 days, a reversal of fortune for Trump favorites on Wall Street
SAN FRANCISCO (Reuters) – A funny thing happened on Wall Street in Donald Trump’s first 100 days in the White House: Shares of companies that got closest to the president lagged the market’s march higher.
Merkel hopes for revival of frozen free trade talks with U.S.: interview
BERLIN (Reuters) – German Chancellor Angela Merkel said she was hopeful frozen negotiations on a free trade agreement between the European Union and the United States would be revived one day, in an interview to be published on Saturday.
Foxconn plans U.S. investment, plans not finalized: Chairman Gou
WASHINGTON (Reuters) – Foxconn, the world’s largest contract electronic manufacturer and a major Apple Inc supplier, is planning an investment in the United States but has not finalized its plans, said Chairman Terry Gou as he exited the White House o…
U.S. Congress passes short-term bill to avert government shutdown
WASHINGTON (Reuters) – The Republican-led Congress averted a U.S. government shutdown on Friday and gave lawmakers another week to work out federal spending through Sept. 30, with tricky issues like defense spending still unresolved.
VW to spend billions through 2022 to beef up engines portfolio: CEO
BERLIN (Reuters) – Volkswagen said it plans to invest billions of euros through 2022 to beef up its portfolio of combustion and electric drives as it braces for a further tightening of emissions rules in key markets.
U.S. appeals court blocks Anthem bid to merge with rival Cigna
WASHINGTON (Reuters) – A U.S. appeals court on Friday blocked health insurer Anthem Inc’s bid to merge with Cigna , upholding a lower court’s decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcar…
BlackRock’s Fink a ‘big believer’ in Wells Fargo CEO
CHICAGO (Reuters) – BlackRock Inc Chief Executive Officer Larry Fink said on Friday he is a “big believer” in Wells Fargo & Co Chief Executive Tim Sloan and that the scandal-hit bank is now on a good path.
