Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
Stocks in Asia were mostly higher on Tuesday as a temporary reprieve in U.S.-China trade tensions provided a breather.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
Huya, a Chinese live streaming platform focused on gaming, is looking to expand into the U.S. in the next couple of years, CEO Rongjie Dong told CNBC. The U.S. is expected to...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
Food delivery service DoorDash is partnering with General Motors' self-driving unit Cruise to test autonomous technology for meal and grocery deliveries, the companies said Thursday.
It is the latest step the autonomous driving technology firm is taking toward bringing its technology to market. The program will begin in early 2019 with and will be initially focused on the San Francisco area, the companies said.
"Delivery is a significant opportunity for Cruise as we prepare to commercialize our autonomous vehicle technology and transform transportation," Cruise CEO Dan Ammann said in a statement. "Partnering with DoorDash will provide us with critical learnings as we further our mission to deliver technology that makes people's lives better and more convenient."
Automakers are developing new business models for self-driving cars as they perfect the technology. Ford, for example, started autonomous delivery tests with Postmates and Domino's Pizza.