Markets

Investigators say Tesla Autopilot sped up before fatal Model X crash

Investigators say Tesla Autopilot sped up before fatal Model X crash

The data also shows that Huang's hand were only on the steering wheel for 34 seconds total in the 60 seconds leading up to the crash. The electric vehicle's 400-volt lithium ion battery was breached a...

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Microsoft sinks data centre in sea near Orkney

Microsoft sinks data centre in sea near Orkney

The hope is that the test goes well and Microsoft can eventually deploy similar portable data centers off the coast of major cities. Then the company will let some customers use the data center. And...

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Medicare finances worsening, trustees report warns

Medicare finances worsening, trustees report warns

Don't worry, that doesn't mean that Mom and Dad won't have any Social Security to rely on after 2034. The League reports that from January 2017 to January 2018, the costs of home heating oil h...

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United Kingdom clears way for bidding war over broadcaster Sky

United Kingdom clears way for bidding war over broadcaster Sky

United Kingdom culture minister Matt Hancock said the deal can move forward if Sky News is sold to a suitable third party. In a statement issued Tuesday, Fox said it had already submitted proposa...

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United States reaches deal with China's ZTE, says Wilbur Ross

United States reaches deal with China's ZTE, says Wilbur Ross

The Commerce Department plans to amend its settlement agreement from a year ago and count the $US361 million ZTE paid as a part of that, allowing the USA to claim a total penalty of as much as $US1.7 ...

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Massive Breaches: 92 Million Users’ Details Leaked by DNA Testing Site

Massive Breaches: 92 Million Users’ Details Leaked by DNA Testing Site

The website now has 96 million users; 1.4 million users have taken the DNA test. MyHeritage doesn't store user passwords. " There has been no evidence that the data in the file was ever used by th...

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Mexico hits back with $3 billion in tariffs on US products

Trump has since mused about replacing NAFTA with bilateral trade deals with Canada and Mexico - an idea Trudeau said Wednesday is not on. "I regard this as much like a family quarrel ", Kudlow sa...

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Tesla reveals plans to build cars in Shanghai

Tesla reveals plans to build cars in Shanghai

At the shareholders meeting , Musk said it is " quite likely " that Model 3 production would grow to 5,000 a week from 2,270 a week in April. "Despite a lot of difficulties, all parts of the ...

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Kudlow: President Trump Contemplating Separate Trade Deals with Canada, Mexico

Kudlow: President Trump Contemplating Separate Trade Deals with Canada, Mexico

So why would the Trump administration be willing to start a trade war with the United States' most important trading partners - as well as some of its oldest allies? What's more, they can be narrowl...

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Google Will Not Renew the Pentagon Contract, Will Continue Till March 2019

Google Will Not Renew the Pentagon Contract, Will Continue Till March 2019

Dozens of Google employees resigned in protest over the Pentagon contract, Gizmodo reported . Google will officially not renew its contract with a Pentagon drone project after it expires, acco...

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Qatar Airways boss says his airline 'should be led by a man'

Qatar Airways boss says his airline 'should be led by a man'

However, the airline has issued a formal statement from Al Baker, who has run Qatar Airways since 1997. Speaking after Mr Al Baker's comments, Heathrow's chief executive John Holland-Kaye, said: "Di...

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California in spotlight on big primary day: What to watch

California in spotlight on big primary day: What to watch

There are also various local races going on throughout the state. Democratic Lieutenant Governor Gavin Newsom, a former San Francisco mayor, is expected to finish first, with polls showing Cox ahe...

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Theresa May

Theresa May "too weak" to stand up to Trump, says Corbyn

Mexico said it would impose import duties on $3 billion worth of usa products, including cheese, bourbon, pork and others, making good on its threats that it would retailiate for us tariffs on ste...

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Another Alberta multi-million dollar lottery victor

Another Alberta multi-million dollar lottery victor

Marie, Toronto and the Sault Ste. The winning ticket was purchased at Whitty's Mace in Caherdavin in Limerick City. Just sold winning ticket for 4.3 million in the Irish lotto. Since the $60 million...

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Starbucks executive Schultz to step aside, mulling 'range of options'

Starbucks executive Schultz to step aside, mulling 'range of options'

Starbucks Executive Chairman Howard Schultz on the US economy, the impact of the tax reform legislation. Starbucks closed 8,000 stores for an afternoon last week to teach employees about racial bias...

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IBooks reading app has been renamed Apple Books in iOS 12

Apple will group notifications so that they no longer appear one by one. iMessage, for example, will stick together as one notification that you can remove at once-rather than forcing a user to swip...

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Apple WWDC event: What to expect?

Apple WWDC event: What to expect?

In terms of new software, there's plenty of smoke around big iOS 12 reveals, a watchOS 5 unveiling, and even ARKit 2.0. Apple World Wide Developer Conference 2018 at San Jose, Californi...

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Unemployment rate falls to 3.8% in U.S., job growth surges

Unemployment rate falls to 3.8% in U.S., job growth surges

While heightened volatility over the past few months has made the underlying hiring trend hard to decipher, the 223k payroll gain in May provides important confirmation that labor momentum continues t...

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Merkel comments on Eurozone reform show move

Merkel comments on Eurozone reform show move

Merkel refrained from outright criticism of Trump in her comments to the newspaper, but noted that the US has withdrawn from multilateral agreements and imposed new tariffs on steel and aluminum imp...

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Visa restores payments crash after hardware malfunction

Visa restores payments crash after hardware malfunction

The card giant said: 'There is now a disruption of service in taking payments from VISA . As declared, they are investigating the cause, and the resolving of the problem is in process. Another wrot...

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Google won't renew Pentagon contract to use AI | AP business

Google won't renew Pentagon contract to use AI | AP business

Google will not seek another contract with the Department of Defense to provide artificial intelligence for drone warfare, according to a Gizmodo report . Suchman. "We believe that Google should not ...

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With Tweet about jobs numbers, Trump breaks yet another taboo

With Tweet about jobs numbers, Trump breaks yet another taboo

Trump's supporters revere this mold-breaking approach, but it has created an environment in which information that has always been closely held by the government is now fair game for Trump to reveal t...

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Fed says Deutsche, NYC’s most active CRE lender, is

Fed says Deutsche, NYC’s most active CRE lender, is "troubled"

Deutsche Bank (DBKGn.DE) has made good progress in its efforts to address regulatory concerns, a person familiar with the thinking of the European Central Bank said on Friday after Standard & Poor's ...

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China stocks fall as trade war fears eclipse much-hyped…

China stocks fall as trade war fears eclipse much-hyped…

Full inclusion of China A-shares into MSCI indices won't come immediately. Several companies have been dropped from the shortlist following trade suspensions or other legal issues, most notabl...

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Crude futures largely stable amid mixed market signals - Oil

Crude futures largely stable amid mixed market signals - Oil

For the week, WTI was on track for a 2.1 percent fall, adding to last week's near 5 percent decline and shrugging off a 3.6-million-barrel drop in US crude stockpiles last week. WTI CLc1 fell 63 c...

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