Nvidia shows off smaller artificial intelligence computer for Baidu car
(Reuters) – U.S. chipmaker Nvidia Corp showed off on Monday a smaller and more efficient artificial intelligence computer for self-driving cars, saying it would power Baidu’s mapping and autonomous vehicle technology.
Brazil’s Oi says CFO Guimarães resigns
RIO DE JANEIRO (Reuters) – Brazil’s largest fixed line carrier Oi SA , which is currently in bankruptcy protection, said on Monday that Chief Financial Officer Flavio Nicolay Guimarães resigned, without giving a reason for his departure.
Second ship from bankrupt Hanjin allowed into California ports
SAN FRANCISCO/SEOUL (Reuters) – A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hanjin Shipping Co Ltd began moving out of one California port on Monday, and a second ship received orders to head to dock, after the turmoil cr…
UAW will support Unifor in talks with GM in Canada: UAW president
DETROIT (Reuters) – United Auto Workers President Dennis Williams said on Monday the U.S. union will support Canada’s unionized auto workers during contract talks with General Motors Co but declined to say whether the UAW would refuse work at GM plants…
Berkshire is accused in New York lawsuit of workers’ compensation ‘siphoning’
NEW YORK (Reuters) – Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers’ compensation policies.
Oprah to help Weight Watchers find new leader after CEO resigns
CHICAGO (Reuters) – Weight Watchers International Inc said its chief executive, James Chambers, will step down at the end of September after three years on the job, and board member Oprah Winfrey will help the diet company look for his successor.
U.S. regulator sees no evidence of Wells Fargo sales problem at other banks
(Reuters) – There is probably no broader problem in the U.S. banking industry over abusive sales practices, despite the penalties imposed on Wells Fargo & Co’s recently, the head of a federal consumer protection agency said on Monday.
HSBC retail head sees more bank partnerships with financial tech firms
TORONTO (Reuters) – HSBC’s retail banking and wealth management head John Flint expects banks to partner more with financial technology (fintech) companies in the coming years to help meet changing demands from customers.
S&P 500 racks up sharpest rise since July
(Reuters) – U.S. stocks racked up their strongest gain in two months on Monday after Federal Reserve Board Governor Lael Brainard stuck to her dovish stance on interest rates and urged caution about removing monetary stimulus too quickly.
Engine failure led to foot-long hole in Southwest airliner: agency
(Reuters) – An engine failure on a Southwest Airlines Co jet on Aug. 27 released debris that tore a 5 inch by 16 inch (13 cm by 41 cm) hole in the plane before it made a safe emergency landing in Pensacola, Florida, U.S. crash investigators said on Mon…
