September 5, 2019

U.S. safety agency cites Tesla Autopilot design as factor in 2018 California crash

The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc’s Autopilot design as the probable cause of a January 2018 crash of […]
September 4, 2019

Slack forecasts bigger third-quarter loss, slowing revenue growth; shares tumble

Slack Technologies Inc forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on Wednesday, […]
September 4, 2019

U.S. biodiesel industry leaders urge Trump’s EPA to lift biodiesel mandate

U.S. biodiesel industry leaders told an Environmental Protection Agency regional administrator in Houston on Wednesday that they want the Trump administration to boost the volume of […]
September 4, 2019

Nissan CEO Saikawa admits to misconduct in compensation: Jiji

Nissan Motor Co Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully received, Jiji […]
September 4, 2019

Big investment banks have worst start to year since 2006

The world’s largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition on […]
September 4, 2019

GM CEO Barra set to hold White House meetings Thursday with Trump: sources

General Motors Chief Executive Mary Barra is set to meet with U.S. President Donald Trump and White House officials on Thursday to discuss a variety of […]
September 4, 2019

U.S. imposes duties on structural steel from China, Mexico

The U.S. Commerce Department said on Wednesday it imposed duties on Chinese and Mexican structural steel after making a preliminary determination that producers in both countries […]
September 4, 2019

New York City sues T-Mobile over ‘rampant’ customer sales abuses

New York City sued T-Mobile USA Inc on Wednesday, accusing the fourth-largest U.S. mobile phone company of engaging in “rampant” sales abuses of customers for its […]
September 4, 2019

Slack loss forecast bigger than expected, shares plunge

Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform invests heavily to attract paid customers […]
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