Month: October 2019

(Bloomberg) — The top U.S. road-safety regulator is gathering information about a Tesla Inc. feature that allows customers to remotely call for their car to pick them up.The National Highway Traffic Safety Administration is aware of reports related to Summon, a feature the electric-car maker made available last week, and is in ongoing contact with the company, according to an emailed statement. The agency said it “will not hesitate to act” if it finds evidence of a safety-related defect.Tesla drivers have posted videos on social media trying out Summon, which enables owners to use their smartphone to remotely direct their …read more […]

Apple Inc CEO Tim Cook on Wednesday filed a brief at the U.S. Supreme Court opposing President Donald Trump’s effort to end a program that protects from deportation hundreds of thousands of immigrants who were brought into the United States illegally as children. The brief was filed on behalf of the company and Cook as an individual as well as Deirdre O’Brien, Apple’s senior vice president of retail and people. The company said it has 443 employees who have benefited from the program, which was implemented in 2012 by the Republican Trump’s Democratic predecessor Barack Obama. …read more […]

One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks… …read more […]

E-Trade and Ameritrade sliding after announcing they will eliminate online trading commissions for U.S. stocks and ETFs. Yahoo Finance’s Akiko Fujita and Jared Blikre discuss. …read more […]

Teekay Tankers Ltd. (NYSE:TNK) shareholders should be happy to see the share price up 17% in the last month. But that… …read more […]

The U.S. Federal Aviation Administration said on Wednesday that aircraft operators must inspect 165 Boeing 737 NG airplanes for structural cracks within seven days after the issue was found on a small number of planes. Boeing Co notified the FAA of the issue after it discovered structural cracks on an aircraft undergoing modifications in China. Southwest Airlines Co, United Airlines and American Airlines Inc are among carriers that fly the 737 NG. …read more […]

Florida has signed on to a consent agreement that the Justice Department reached with Sprint Corp and T-Mobile US Inc to allow the companies to merge, according to a court filing on Wednesday. While Florida’s decision to join the government is a morale boost for the companies, it may have little practical effect since the two sides already settled. Florida on Wednesday joined Kansas, Nebraska, Ohio, Oklahoma and South Dakota in backing the federal government’s decision to approve the deal on condition that the companies, the third- and fourth-largest U.S. wireless companies, divest Sprint’s prepaid businesses to satellite …read more […]

The U.S. National Highway Traffic Safety Administration (NHTSA) said Wednesday it is gathering information about reports of minor crashes involving Tesla Inc’s Smart Summon feature that allows people to retrieve a parked vehicle remotely by using an app. Several users have posted videos on social media of Tesla vehicles that appear to have been in near accidents, while one posted a video of a Tesla striking a garage wall and another of a Tesla being struck by a vehicle backing up. Tesla added the feature through a software update last week for some customers. …read more […]