September 3, 2019

NTSB says Autopilot engaged in 2018 California Tesla crash

The National Transportation Safety Board (NTSB) said on Tuesday that a Tesla Model S was in Autopilot mode when it struck a fire truck in Culver […]
September 3, 2019

U.S. manufacturing shrinks for first time in three years

U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence, […]
September 3, 2019

Wall St. opens lower as U.S.-China trade tensions weigh

U.S. stocks fell broadly at the open on Tuesday, as Washington’s new round of tariffs on some Chinese goods kicked in and after a report that […]
September 3, 2019

Trump warns China against dragging its feet in trade talks

U.S. President Donald Trump said on Tuesday that trade talks between the United States and China were going well, though he warned that he would be […]
September 3, 2019

Austria’s AMS makes $4.8 billion Osram counter offer, outbidding private equity

Austrian sensor specialist AMS launched a bid for Germany’s Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer […]
September 3, 2019

Mediaset’s pan-European plan set to survive Vivendi opposition

Italian broadcaster Mediaset’s plan to reorganize its businesses as part of a pan-European growth strategy is set to be approved by shareholders on Wednesday, despite opposition […]
September 3, 2019

With contract expiration looming, UAW targets GM first for talks

The United Auto Workers union on Tuesday said that it would target General Motors Co first of the Detroit automakers for talks ahead of the current […]
September 3, 2019

Netflix applies for license under new Turkish broadcasting rules

U.S. online streaming service Netflix has applied for a license to continue operating in Turkey under new online broadcasting rules, the head of the country’s television […]
September 3, 2019

U.S. IPOs hope for stock market volatility reprieve

U.S. companies planning to launch initial public offerings (IPOs) in the coming weeks are hoping that August’s bout of stock market volatility will subside this month, […]
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