Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Uber said Thursday that it plans to unleash its test car onto the streets of Pittsburgh, Pennsylvania within the next few weeks.
The makers of the ride-hailing app said that a driver will be in its Ford Fusion while it is in self-driving mode. Uber said in a statement that the development of self-driving cars has the potential to save lives. The company cited the statistic that 94 percent of the car accidents that kill 1.3 million people every year involved human error.
"In the future we believe this technology will mean less congestion, more affordable and accessible transportation, and far fewer lives lost in car accidents," Uber said in its statement.
William Peduto, mayor of Pittsburgh, said that the city is proud of its history of innovation. Pittsburgh is home to Uber's Advanced Technologies Center.
"We're excited that Uber has chosen the Steel City as they explore new technologies that can improve people's lives — through increased road safety, less congestion, and more efficient and smarter cities," Peduto said in a statement.
The test vehicle will also collect mapping data using its outfit of radars, laser scanners and high resolution cameras.
In April, The Verge reported that Uber had hired a top engineer away from Ford to work on "manufacturer strategy and integration efforts" in Pittsburgh. It was also reported that the engineer would report to the head of Uber's self-driving car program.
Last year, it was reported that Uber had poached talent from the robotics laboratory of Pittsburgh's Carnegie Mellon University. Sources told The Verge that the people hired by Uber had all been working on self-driving technology.
CMU had previously announced a partnership with Uber with the goal of "bringing safe, reliable transportation to everyone, everywhere." As part of that collaboration, CMU said Uber would be working with the robotics lab. Uber said in its statement that the research would involve work in autonomy technology.
Disclosure: CNBC has a content-sharing partnership with The Verge.