Riding a self-driving Uber around San Francisco California regulators are trying to put the brakes on Uber’s self-driving efforts after the company failed to obtain proper permits before testing its cars on San Francisco streets.
Uber announced on Wednesday that two dozen self-driving Volvo SUVs would begin to drive passengers around the city.
As the world shifts from legacy distribution to mobile and over-the-top viewing, both Time Warner (NYSE:TWX) and AT&T (NYSE:T) face a slowing growth long-term outlook, but in different ways. It’s totally understandable that these companies would consider solving their perceived problems and resolving their issues via mergers. Big Phone has a need for content to fill its massive distribution....More>>>
JPMorgan analyst Phil Gresh and team explain what they got wrong about Marathon Petroleum (MPC), as they cut its rating to Neutral from Overweight following yesterday’s disastrous financial results from MPLX (MPLX):
Gerald Herbert/Associated Press
We (somewhat painfully) downgradeMarathon Petroleum to Neutral from Overweight, cut our Dec-16 price target to $44 (from $62)....More>>>
At the Bloomberg Intelligence Cannabis Trends & Legalization Implications Conference yesterday up on Park Avenue, there was a lot to talk about regarding the future of the cannabis industry. Given the recent state-level victories for cannabis legalization, as well as Donald Trump’s top pick for Attorney General, many industry attendees shared the same....More>>>
The dollar strengthened against major rivals on Thursday, sending the ICE U.S. dollar index to a two-month high, as yet another Federal Reserve official appeared to back a buck-boosting interest-rate hike sooner rather than later.
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Yet another profit upgrade sent Fever-Tree Drinks Plc shares soaring in early London trading, propping up an already giddy valuation for the U.K. maker of premium tonic water and lemonade. Shore Capital analysts say that while they can see the growth opportunity, a price-to-earnings ratio o
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W