Tesla will release Autopilot update ‘in weeks’: Musk
(Reuters) – Tesla Motors Inc plans to release an update of its partly automated self-driving system “in a few weeks,” Chief Executive Elon Musk tweeted on Wednesday.
Deutsche Bank, Commerzbank held talks about tie-up
FRANKFURT (Reuters) – Top executives of Deutsche Bank and Commerzbank held talks on a potential combination of Germany’s two biggest banks earlier this month, a source familiar with the matter said on Wednesday.
U.S. Treasury says EU’s Apple tax ruling aimed at U.S. companies
WASHINGTON (Reuters) – The U.S. Treasury sought to keep pressure on the European Union to rescind a ruling that Apple Inc pay up to $14.5 billion in back taxes, a move Washington says breaches international tax rules and sets the stage for more actions…
U.S. pending home sales jump in July
WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes surged in July after two straight months of declines as demand rose almost across the board, suggesting the housing market remains on solid ground despite last month’s drop in home res…
Dubliners divided over Apple windfall dilemma
DUBLIN (Reuters) – Faced with a $14.5 billion windfall after an EU ruling on Apple’s tax affairs, carer Louise O’Reilly knew exactly what the Irish government should do with the money: spend it on pensioners who are struggling to get by.
U.S. housing market turnover to improve over coming year: Reuters poll
(Reuters) – Turnover in the U.S. residential property market is set to rise over the coming year, according to a strong majority of analysts polled by Reuters who also forecast the pace of house price gains to remain relatively steady this year and nex…
U.S. to urge G20 to boost economies, heed citizen anger
WASHINGTON (Reuters) – U.S. President Barack Obama will urge leaders of the world’s major economies to use fiscal policy and other tools to boost growth while paying more attention to angry citizens who feel left behind, Treasury Secretary Jack Lew sai…
U.S. private sector adds 177,000 jobs in August: ADP
NEW YORK (Reuters) – U.S. private employers added 177,000 jobs in August, above economists’ expectations, a report by a payrolls processor showed on Wednesday.
Bill Gross steps up criticism of Fed, central banks for zero rates
NEW YORK (Reuters) – Bond investor Bill Gross ramped up his criticism of the Federal Reserve on Wednesday, characterizing chair Janet Yellen and her predecessors and contemporaries at other central banks of mastering “the art of market manipulation.”
U.S. 10-year yield heads for biggest monthly rise in over a year
LONDON (Reuters) – U.S. Treasury 10-year yields were on course for their biggest monthly increase in more than a year on Wednesday as investors built up bets that the Federal Reserve will raise interest rates before the year is out.
