Uber open to using self-driving tech from competition: CEO
Uber Technologies Inc’s self-driving unit is open to using technology from competitors in the industry, the company’s chief executive said on Wednesday....
United Airlines slashes domestic, international flying as demand slides on coronavirus
United Airlines Holdings Inc is reducing U.S. and Canadian flights by 10% and international flying by 20% in the month of April and eyeing similar...
Wall Street jumps as Biden takes the lead
Wall Street surged on Wednesday as former Vice President Joe Biden’s strong showing in the “Super Tuesday” primary contests gave a boost to healthcare stocks...
Data show U.S. economy on solid footing as coronavirus fears mount
U.S. services sector activity jumped to a one-year high in February, suggesting strength in the economy before a recent escalation of recession fears ignited by...
New BoE boss Bailey does not back immediate virus rate cut
The Bank of England should wait until it has more clarity about the economic hit from the coronavirus outbreak before making any decision to cut...
Wall Street surges after Biden cleans up on Super Tuesday
Wall Street rose more than 2.5% on Wednesday, led by healthcare stocks, after Joe Biden overtook Bernie Sanders to become the new front-runner in the...
Factbox: From shadow banking to coronavirus, U.S. regulators eye lurking risks
U.S. regulators will gather Wednesday at a scheduled meeting of the Financial Stability Oversight Council (FSOC) to discuss risks to the United States and beyond....
U.S. businesses show growing concern over impact of coronavirus, Fed survey shows
There are signs the escalating coronavirus outbreak has begun to weigh on business sentiment in the United States, a report by the Federal Reserve released...
IMF chief says coronavirus wipes out hopes for stronger growth in 2020
The global spread of the novel coronavirus will wipe out any hope of stronger growth in 2020, International Monetary Fund Managing Director Kristalina Georgieva said...
Family clan members back Volkswagen CEO’s electric strategy: Bild
Wolfgang Porsche and Hans-Michel Piech, members of the family which controls German carmaker Volkswagen , fully support the shift towards electric cars being driven by...