Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Jaguar Land Rover, owned by India's Tata Motors, is the latest automaker to take a stake Lyft, as the ride-share operator continues to expand Irma partnerships with automakers and tech firms.
With this deal Jaguar Land Rover's mobility services business, InMotion, invests $25 million in Lyft. The move will allow InMotion to develop and test mobility services including autonomous-drive vehicles with Lyft. In addition Jaguar and Land Rover will supply some Lyft drivers with vehicles.
"Personal mobility and smart transportation is evolving," said Sebastian Peck, InMotion managing director. "This new collaborative venture will provide a real-world platform helping us develop our connected and autonomous services."
For Lyft, the deal represents the latest collaboration between the ride share company and tech firms developing mobility solutions. Just last week the company agreed to work with nuTonomy on a pilot program to test autonomous-drive vehicles in Boston.
"We're excited to join forces with Jaguar Land Rover and InMotion," said John Zimmer, Lyft president and co-founder. "Lyft envisions a future where shared mobility will transform cities and improve people's lives."