The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
A Belgian F-16 fighter jet crashed on a road in western France and one of its pilots is hanging from a high-voltage electricity line after his parachute got caught.Aerospace & Defenseread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
A key worry for some is whether libra competes with sovereign currencies like the dollar.Technologyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
Toyota unveiled a new take on the "mobility" concept at CES on Monday.
Company president Akio Toyoda revealed the "e-Palette," an electric, self-driving vehicle that when launched will apparently be a combination deli, pizza delivery, retail shop and ride-hailing service.
"It is an open, flexible platform easily adapted to suit a range of uses, including ride-sharing, delivery and retail," Toyoda said. "Today you have to travel to the store. In the future, the store will travel to you."
The company will debut a model e-Palette at the 2020 Olympics, where it is a sponsor.
Toyota has already signed on partners for the mobile store, including Amazon, DiDi, Pizza Hut and Uber — thus suggesting the e-Palette will deliver you pizza or packages, or drive you to a destination.
"[E-Palette is] a platform that will be the backbone for mobility-as-a-service, for autonomy, for car-sharing, for any number of services that we want to make possible," Toyoda said.
He said the e-Palette is at least partially a response to increasing competitive pressure from Silicon Valley in the self-driving car race.
"Our competitors no longer just make cars. Companies like Google, Apple and even Facebook are what I think about at night, because, after all, we didn't start off making cars either," Toyoda said at CES.
"Technology is changing quickly in our industry, and the race is on," he added.