Tesla driver in fatal crash had reported problems before with ‘Autopilot’ feature
A Tesla driver killed in a March 2018 crash in California while using the Autopilot driver-assistance system had reported that on prior trips, the car had steered away from the highway, the National Transportation Safety Board (NTSB) disclosed in docum…
Trump lashes out at Fed while Powell testifies before U.S. House committee
President Donald Trump reiterated his criticism that the Federal Reserve has kept interest rates too high and seemed to say the U.S. central bank’s chair, Jerome Powell, had hurt stock prices during his testimony to Congress on Tuesday.
German conservative lawmakers back compromise on 5G: sources
Lawmakers from German Chancellor Angela Merkel’s ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping short of banning China’s Huawei, sources said.
Stocks surge to record highs on hopes virus is peaking, gold ebbs
Major U.S. and European stock indexes surged to fresh records on Tuesday after China’s senior medical adviser suggested the deadly coronavirus may be over by April, an outlook that also helped crude prices gain on hopes of renewed Chinese demand.
Driver in fatal 2018 Tesla crash reported prior ‘Autopilot’ issue
A driver killed in a March 2018 Tesla autopilot crash in California reported previously that the vehicle steered toward an area off the highway on prior trips, the National Transportation Safety Board (NTSB) disclosed in documents made public Tuesday.
WeWork sets hard free cash flow, revenue targets as part of five-year plan
WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust.
Boeing scores no January orders for first time since 1962
Boeing Co booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S. planemaker’s once best-selling jet, the 737 MAX, remained grounded following two fatal crashes.
S&P 500, Nasdaq notch new records on optimism coronavirus may plateau soon
The S&P 500 and the Nasdaq indexes hit record highs on Tuesday as a top Chinese health adviser sparked expectations that the coronavirus outbreak may be peaking, while T-Mobile shares jumped after a federal judge approved its purchase of Sprint.
Japan’s MUFG, Mizuho in London rehiring spree despite Brexit
Japan’s MUFG and Mizuho have hired a total of nearly 100 staff in London in the last 6 months, bolstering their trading and investment banking teams despite industry concerns over Brexit’s impact on financial services in Britain.
T-Mobile-Sprint merger wins approval from U.S. judge
T-Mobile US Inc’s edged closer to a takeover of Sprint Corp after a federal judge on Tuesday approved the deal, rejecting a claim by a group of states that said the proposed transaction would violate antitrust laws and raise prices.
