May 23, 2019

Uber to open third Latin America support center in Bogota

Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, […]
May 22, 2019

Uber and Lyft to turn the wheels on car ownership: industry experts

Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership toward subscription-based services and shared ownership, auto […]
May 22, 2019

Natura agrees to buy Avon, creating cosmetics powerhouse

Brazil’s Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world’s fourth-largest beauty […]
May 22, 2019

FAA chief has no timetable for Boeing 737 MAX approval

The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co’s 737 MAX for flight […]
May 22, 2019

GM faces pushback on U.S. self-driving vehicle plan

General Motors Co faces pushback over its request that U.S. regulators waive some automobile safety standards to make it possible to deploy a ride-sharing fleet of […]
May 22, 2019

Renewed U.S.-China trade tensions push down Wall Street

Wall Street’s major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment. Powered by WPeMatico
May 22, 2019

Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings

Billionaire Elon Musk’s SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk’s rival […]
May 22, 2019

Investors seek safety on threat of wider U.S.-China spat

Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff […]
May 22, 2019

Chip designer ARM halts work with Huawei after U.S. ban

British chip designer ARM has halted relations with Huawei in order to comply with a U.S. blockade of the company, potentially crippling the Chinese company’s ability […]
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