Business & Finance News
The National Transportation Safety Board (NTSB) said on Tuesday that a Tesla Model S was in Autopilot mode and the driver’s hands were off the wheel when it struck a fire truck in Culver City, California, one of a series of crashes the board is investigating involving Tesla’s driver assistance system.
International Air Transport Association Director General Alexandre de Juniac is “worried” about the discrepancy among global regulators with regard to the process of re-approving Boeing Co’s grounded 737 MAX for flight and the precedent it may set for future aircraft programs.
The Senate’s antitrust panel will meet later this month to discuss concerns that tech giants, such as Google or Amazon, seek to buy smaller rivals in order to head off competition.
Walmart Inc said on Tuesday it would discontinue sales of ammunition for handguns and some assault-style rifles in stores across the United States, in response to the recent mass shootings in Texas and Ohio.
Benchmark 10-year U.S. Treasury yields fell to their lowest level since July 2016 on Tuesday, and all three major U.S. stock indexes were in the red amid heightened trade worries and a contraction in U.S. factory production.
U.S. stocks fell on Tuesday as data showed factory activity shrank for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world’s largest economy into recession.
Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general’s office, which is leading the effort along with California, said on Tuesday.
U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining sharply as trade tensions weighed on business confidence, raising financial market fears of a recession.
Walmart Inc said on Tuesday it would discontinue sales of some ammunition in stores across the United States, in response to the mass shootings in Texas last month that killed several people.
Marks & Spencer will be relegated from London’s FTSE 100 index for the first time since the inception of the blue-chip index in 1984, according to Reuters calculations based on Tuesday’s closing prices.
Burger King will launch a plant-based burger imitating meat called the “Rebel Whopper” in Brazil in November, the company said on Tuesday, amid an international rush for mass-market chains to cater to vegetarian and vegan diners.
The National Transportation Safety Board said Tuesday a Tesla Model S was in Autopilot mode when it struck a fire truck in Culver City, California — one of a series of crashes the board is investigating involving Tesla’s driver assistance system.
Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle .
U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world’s largest economy into recession.
Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
