FCA to offer rewards to hackers who help it find security flaws
(Reuters) – Fiat Chrysler Automobiles NV will offer rewards of as much as $1,500 to ethical hackers who tell the auto maker about data security weaknesses in its vehicles, the company said.
China says U.S. deliberately misread WTO rules in steel subsidy spat
SHANGHAI (Reuters) – China’s Commerce Ministry said on Wednesday the United States had deliberately misinterpreted World Trade Organization (WTO) rules after the U.S. Commerce Department found in favor of subsidy rates for Chinese steel.
U.S. safety agency seeks answers on fatal Tesla Autopilot crash
WASHINGTON (Reuters) – U.S. highway safety regulators have demanded that Tesla Motors Inc hand over detailed information about the design, operation and testing of its Autopilot technology following a May 7 fatal crash in which the system was in use.
Tumi shareholders back Samsonite acquisition plan
HONG KONG (Reuters) – Luggage maker Tumi Holdings Inc’s said its shareholders have backed Samsonite International S.A.’s planned acquisition of the company and that it expects the deal to be completed in the second half of the year.
Discrimination is biggest challenge for Airbnb, CEO says
(Reuters) – The biggest challenge facing Airbnb is not the regulatory crackdown from cities such as New York, but blatant discrimination occurring on the company’s platform, Chief Executive Brian Chesky said on Tuesday.
Lockheed says MBDA to submit missile defense proposal to Germany
FARNBOROUGH, England (Reuters) – Lockheed Martin Corp on Tuesday said it expected Europe’s MBDA to submit a proposal for a new $4.5 billion missile defense system to the German defense ministry fairly soon, paving the way for negotiations with the gove…
S&P and Dow hit records as growth bets boost Wall Street
NEW YORK (Reuters) – A broad rally lifted the S&P 500 and Dow industrials to record highs on Tuesday, with a sharp rebound in crude prices boosting energy shares, while the Nasdaq turned positive for the year.
‘Big money’ to be made if stocks fail to stay near current highs: Gundlach
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that there is “big money” to be made on the “short side” if equities fail to stay near current highs.
Fed’s Bullard sticks with single U.S. interest rate hike view
ST. LOUIS (Reuters) – The Federal Reserve should be in no rush to raise U.S. interest rates despite a surge in June hiring, St. Louis Fed President James Bullard said on Tuesday, sticking with his view that the central bank may need only a single rate …
Shares of Juno Therapeutics jump after FDA removes clinical hold on cancer drug trial
(Reuters) – Juno Therapeutics Inc said U.S. health regulators have removed a clinical hold on its cancer drug trial that was put in place last week following the death of three patients, sending its shares up about 28 percent in extended trading.
