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Autonomous driving is coming to all Cadillac models, other GM brands
Starting in 2020, Cadillac will start to offer autonomous driving on every …read more […]
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Jack Daniel’s maker Brown-Forman reports 5.6 percent rise in sales
(Reuters) – Spirit and wine company Brown-Forman Corp reported a 5.6 percent rise in quarterly sales on Wednesday, helped by higher demand for its signature Tennessee whiskeys.
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Qatar Airways boss apologizes for remarks on women CEOs
SYDNEY (Reuters) – The head of Qatar Airways apologized on Wednesday for saying that a woman could not do his job, while global airlines pledged to speed up efforts to break down gender imbalances in aviation.
Business News
Uber jumps into Europe’s crowded bike-sharing market
BERLIN (Reuters) – Uber, the ride-hailing company which has been banned from many European cities, is about to launch its JUMP electric bicycle sharing service in Germany as it diversifies and seeks to build bridges with local authorities.
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3 Awful Reasons to Take Social Security Benefits at 65
Think 65 is the right time for Social Security? Think again. …read more […]
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Airlines warned against complacency after dream safety run
SYDNEY (Reuters) – Global airlines, coming off a record-low accident rate in 2017, need to guard against complacency over safety as heavy growth in travel demand stretches the air transport system, industry leaders warned at a conference this week.
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Euro boosted but bonds and stocks cautious after hawkish ECB comments
LONDON (Reuters) – The euro rose to a ten-day high on Wednesday after hawkish comments from the European Central Bank, adding upward pressure to bond yields and sinking some stocks as worries over Italy also weighed.
Business News
Airlines struggle with global pilot shortage
SYDNEY/BANGKOK/MONTREAL (Reuters) – A growing shortage of airline pilots is putting the industry’s recent growth at risk as planes sit idle, higher salaries cut into profits and unions across the globe push for more benefits.
Business News
Uber jumps into European bicycle-sharing market
(Reuters) – Ride-hailing company Uber said on Wednesday it would launch electric bicycle sharing service JUMP Bikes, which it bought last month, in Europe as it seeks to expand into other transportation modes and make peace with local authorities.
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Judge who sentenced swimmer recalled amid #MeToo movement
The beginning of the end for the first California judge recalled since 1932 began almost exactly two years ago, when Santa Clara County Judge Aaron Persky sentenced a former Stanford swimmer convicted of sexual assault to six months in jail instead of a long prison term. “You took away my worth, my privacy, my energy, my time, my intimacy, my confidence, my own voice, until today,” she said in a statement read in court before the June 2016 sentencing of Brock Turner. On Tuesday, Santa Clara County voters agreed and recalled the judge from office after his nearly …read more […]
Business News
World’s top wealth fund opposed Musk’s double role at Tesla
OSLO (Reuters) – Norway’s $1 trillion wealth fund said on Wednesday it had backed an initiative to wrest the role of chairman away from Tesla Chief Executive Elon Musk.
Business News
G7 likely to discuss global economy, concerns about U.S. trade policy: Japan’s Suga
TOKYO (Reuters) – Japan’s top government spokesman said on Wednesday that the Group of Seven leaders were likely to discuss the global economy and concerns about U.S. trade policy.
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Air Baltic’s hurry for Bombardier CSeries deal foreshadows jet selling spree
SYDNEY (Reuters) – Latvia-based AirBaltic hastened a deal for Bombardier CSeries planes before Airbus formally takes over the Canadian planemaker because it was worried about securing the right delivery slots, the carrier’s chief executive said on Wednesday.
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The Latest: Judge recalled for Stanford sex assault sentence
Northern California voters have recalled a judge from office after he sentenced a former Stanford University swimmer convicted of sexual assault to a short jail sentence instead of prison. Democrats are looking to maintain control over the Albuquerque-based seat in November. …read more […]
Business News
Asia stocks climb as techs lift Wall Street, Italy still a worry
TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.