Lyft partners with Waymo to launch self-driving car pilots U.S. ride services company Lyft Inc and Alphabet Inc's (GOOGL.O) self-driving car unit Waymo have launched a self-driving vehicle partnership, bringing together two rivals to dominant ride-sharing service Uber Technologies Inc.[UBER.UL] Lyft, the No. 2 U.S. ride service by ride volume, […]
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Business
Asia stocks shrug off cyber attack, North Korea threat to hit two-year high Asia stocks shrug off cyber attack, North Korea threat to hit two-year high:- Resilient Asian stocks edged up to a two-year high on Monday, shaking off threats from by a ransomware attack that locked some 200,000 computers […]
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 Oil prices jumped on Monday after the energy ministers of top producers Saudi Arabia and Russia jointly said that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. […]
Southern Co to manage construction of Georgia nuclear plant Southern Co's (SO.N) Georgia Power and Toshiba Corp's (6502.T) Westinghouse have reached a tentative deal to transfer project management of the expansion of a Georgia nuclear power plant to units of Southern Co, Georgia Power said in a statement on Friday. […]
NLRB files complaint against VW over practices at Tennessee plant The U.S. National Labor Relations Board has filed an unfair labor practices complaint against Volkswagen AG (VOWG_p.DE) for hiking health insurance premiums and changing working hours of a group of skilled workers who voted for union representation in 2015. The […]
U.S. court puts hold on 'too big to fail' case involving MetLife A U.S. appeals court on Friday granted a 60-day pause in the long-running case in which the country's largest life insurer, MetLife Inc, has challenged the federal government's labeling of it as "too big to fail," as the Trump […]
In blow to Trump, GE backs NAFTA and voices support for Mexico In blow to Trump, GE backs NAFTA and voices support for Mexico:- General Electric (GE.N) on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free […]
U.S., China agree to first trade steps under 100-day plan U.S., China agree to first trade steps under 100-day plan:- The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as […]
Technicals stand out amid a quiet market As the strongest earnings season since 2011 draws to a close, and with the S&P 500 .SPX and Nasdaq Composite .IXIC hovering near record highs, the biggest concern for some market analysts is, well, the lack of concern. The largest daily move on […]
Wells Fargo bogus accounts balloon to 3.5 million Wells Fargo & Co (WFC.N) may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the practice. The new estimate was provided in a filing […]
