The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
The U.S. Air Force's top general says he has not yet received direction to send additional bombers to the Middle East after what is believed to be an Iranian attack on Saudi...Defenseread more
E-cigarette maker Juul Labs Inc.'s sales have been halted on two websites in China, just days after it launched in the world's biggest tobacco market.Biotech and Pharmaceuticalsread more
Investors might be wary that gasoline prices will continue to rise, and are looking to take back profits by selling off shares.Retailread more
The Trump administration move on California's auto emissions standards would likely set up a fight between the White House and the state.Politicsread more
"I feel really confident that defense-minded CEOs, when they are on defense, they're going to come to" flexible offices and away from traditional leases, Knotel CEO Amol Sarva...Commercial Real Estateread more
CEO Larry Page appears far removed from making decisions about the company's self-driving car unit, based on answers he gave in a legal deposition last month.
The two-hour deposition on July 17 was conducted by lawyers for Uber, which is locked in a high-stakes legal battle with Alphabet's Waymo division over a key autonomous-vehicle technology.
a former engineer in Google's self-driving car division, of stealing files containing trade secrets and taking them to Otto, a rival upstart acquired by Uber in August 2016.
Google lawyers have filed documents in the case stating that former Uber CEO Travis Kalanick was aware of the stolen documents when Uber bought Otto last year.
Uber denied that accusation, saying it didn't know of the stolen files at the time of the acquisition.
Yet it was Page, in the deposition, who gave responses suggesting he was in the dark about his company's own autonomous-vehicle efforts.
Uber: You're not familiar with the details of the trade secrets that are at issue here?
Uber: You don't know, for example, what the trade secrets are that Uber allegedly misappropriated?
Page: No, I do not.
Uber: Whenever it was that you learned -- let me make sure I'm clear on this. You don't remember, sitting here today, when you learned or how you learned that Uber may have misappropriated Google or Waymo trade secrets; is that right?
Page: That's correct.
Uber: And you don't remember how you learned?
Page: I mean, that's correct, yes.
Another section dealt with the apparently massive bonuses that Waymo pays some engineers. This came up because Uber is claiming that Levandowski may have downloaded the proprietary information to his hard drive because he thought it would help protect a $120 million bonus Waymo owed him.
But Page apparently doesn't recall much about those huge bonuses, or really how Waymo got started, either.
Uber: Do you recall that there was concern that, without a bonus program, some of the Project Chauffeur people would leave and set up their own start-up?
Page: I don't recall that exact concern. But, in any effort, retention is always something that you would focus on.
Uber: At Google, do you have something that you call autonomous units?
Page: I think at some points we did.
Uber: But, at least back at the time that Project Chauffeur was started, was Project Chauffeur considered an autonomous unit at Google?
Page: I don't recall exactly how it got started. It was also part of X's Genesis, I believe, but that was quite a while ago.
In another part, he claimed he wasn't really all that involved in filing the lawsuit, either.
Uber: Did you authorize the filing of the lawsuit against Uber?
Page: I mean, I'm certainly aware of it, yeah, and then allowed it to proceed, I suppose. I'm not sure I authorized it. I'm not sure that's the right word.
Uber: Well, could a lawsuit of this magnitude be filed without your consent and approval?
Page: I mean, I guess I'm not -- I'm the CEO of the company -- parent company of Waymo, and Waymo operates more or less as an independent company.
Uber: Is Waymo authorized to file a lawsuit like this on its own without even consulting you?
Page: I mean, I don't know all the details of that.
Page's answers were so unhelpful that Uber's lawyers have asked the judge to order him to sit for another deposition.
The judge had previously said that Sergey Brin, the other Google co-founder, "better show up" for his deposition.
Read a redacted transcript of the deposition here.