Stocks Rise As Investors Await U.S. Jobs Data For Fed Cues

Stocks Rise As Investors Await U.S. Jobs Data For Fed Cues

By Kanupriya Kapoor (Reuters) – Asian shares rose broadly on Friday morning after softer-than-expected U.S. employment data raised the possibility of the Federal Reserve turning less aggressive on its policy tightening stance in coming months. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.45%, riding on a strong Wall Street close overnight. Japan’s…

Read More
Elon Musk Says Tesla AI Day Pushed To Sept 30

Elon Musk Says Tesla AI Day Pushed To Sept 30

(Reuters) – Electric vehicle major Tesla Inc Chief Executive Officer Elon Musk said on Thursday that Tesla’s AI Day has now been pushed to Sept. 30. “Tesla AI Day pushed to Sept 30, as we may have an Optimus prototype working by then,” he wrote https://twitter.com/elonmusk/status/1532525711763841043?s=20&t=kI52gTnDYrsrQ9bA3R71AA on Twitter, almost two weeks after he announced the…

Read More
GM's Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars

GM’s Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars

By Paresh Dave OAKLAND, Calif. (Reuters) -General Motors Co’s Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials. Self-driving test cars with human safety drivers have become a constant sight in San Francisco, and completely driverless ones…

Read More

California regulators approve state’s 1st robotic taxi fleet

California regulators on Thursday gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads. The California Public Utilities Commission unanimously granted Cruise, a company controlled…

Read More
All Options On Table In China Tariff Review, U.S. Trade Official Says

All Options On Table In China Tariff Review, U.S. Trade Official Says

By David Lawder WASHINGTON (Reuters) -The Biden administration is considering “all options” as it reviews potential changes to U.S. duties on Chinese imports, including tariff relief and new trade investigations in a shift of focus to strategic concerns with Beijing, Deputy U.S. Trade Representative Sarah Bianchi said on Thursday. Bianchi told Reuters in an interview…

Read More

Amazon said to be impeding House probe of warehouse collapse

Congressional Democrats are accusing Amazon of “obstructing” their investigation into the company’s labor practices during severe weather events. Members of the House Committee on Oversight and Reform have sent a letter to Amazon CEO Andy Jassy, saying the company has failed to produce materials requested more than two months ago. The committee, which launched the…

Read More