Tesla is defending its Autopilot driver-assist technology as federal investigators probe a fatal crash involving a Tesla Model X SUV. The accident happened Friday afternoon on a stretch of highway in Mountain View, California. The National Transportation Safety Board announced Tuesday it is investigating the accident, including how the Model […]
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Walmart pulls Cosmo magazine from its checkout lines
Walmart is pulling Cosmopolitan Magazine from its checkout lines. The magazine that made its name with provocative covers will no longer be found in Walmart on sale at the checkout lines, a move that the company is calling a “business decision” but which one advocacy group is touting as a […]
Three users sue Facebook over collection of call and text history
Three users of the Facebook Messenger app sued Facebook on Tuesday, saying the social network violated their privacy by collecting logs of their phone calls and text messages, in the latest legal challenge facing the company. The U.S. lawsuit filed in federal court in the Northern District of California seeks […]
US and South Korea to revise trade pact with currency side deal
The United States and South Korea have reached agreement on a revised trade pact that includes a side deal aimed at deterring competitive currency devaluation by Seoul and provides relief from U.S. tariffs on steel, senior Trump administration officials said on Tuesday. South Korea’s steel exports to the U.S. will […]
This former Googler raised $4.5 million for her start-up — and had a baby the next day
The day after closing a $4.5 million round of funding for her tech start-up, Dandelion Energy CEO and co-founder Kathy Hannun gave birth to a healthy baby girl. Most entrepreneurs complain about how arduous the fundraising process is. That goes double for entrepreneurs working in “cleantech.” And triple for women […]
China claims Kim Jong Un has agreed to denuclearize Korean Peninsula
China said on Wednesday it won a pledge from North Korean leader Kim Jong Un to denuclearize the Korean peninsula during a meeting with President Xi Jinping, who pledged in return that China would uphold its friendship with its isolated neighbor. After two days of speculation, China announced on Wednesday […]
Kim Jong Un just made his first-known international trip since taking power
North Korean leader Kim Jong Un visited China from Sunday to Wednesday on an unofficial visit, China’s state news agency Xinhua reported on Wednesday. The visit was Kim’s first known journey abroad since he assumed power in 2011 and is believed by analysts to serve as preparation for upcoming summits […]
It’s still a bull market, even as tech stocks tank: Analyst
Steve Chiavarone, vice president and portfolio manager at Federated Investors, said it’s still a bull market, despite today’s losses. “We’re about to enter not just a good earnings season, but the best since 2011,” Chiavarone told CNBC on “Fast Money” on Tuesday. He said the 2018 forecast for earnings growth […]
Asian shares poised for declines after tech drags on Wall Street
Asian stocks were poised for losses in Wednesday trade after U.S. stocks fell sharply on the back of declines in technology names. That cut short a rally seen in Europe and Asia’s Tuesday session linked to an apparent easing in trade-related tensions. All three major U.S. indexes closed lower despite […]
Cadillac kicks off lineup revamp with $36,000 XT4 crossover
Cadillac unveiled a completely new compact SUV on Tuesday in New York City at an event that executives have said will mark the start of a long-awaited reinvention of the brand. The XT4, a slightly smaller sibling to Cadillac’s current XT5, was revealed at Cadillac House before the New York […]