Feb 5- Uber Technologies Inc has been allowed to restart testing its self-driving vehicles with a backup driver in California, almost two years after its autonomous car killed a pedestrian in Arizona. The California Department of Motor Vehicles issued a permit on Wednesday to the company's self-driving unit, Uber Advanced Technologies.
WASHINGTON, Jan 23- Uber Technologies Inc will put self-driving vehicles on Washington, D.C. roads Friday with human drivers in control, the ride share company said on Thursday, as it seeks to collect data for future deployment of fully self-driving vehicles. During manual driving in Washington, Uber said it will use a fleet of three vehicles collecting sensor...
Shares were down 5.4% in premarket trading as investors looked past the profit beat to focus on the drop in Indonesia production. The world's largest publicly traded copper producer expects capital expenditure for 2020 to be about $2.8 billion, higher than 2019, including $1.8 billion for major projects such as Grasberg and completion of the Lone Star...
LONDON, Jan 20- Prosecutors in the United States have dropped a case against British retailer Philip Green that had alleged assault, his Arcadia company said on Monday, citing court documents. Last May Green, 67, was charged with four counts of misdemeanour assault in the United States after an Arizona pilates instructor accused him of repeatedly touching her...
Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC's ability to both prosecute and judge cases deprives companies of their constitutional rights. In the complaint, filed in U.S. District Court in...
Jan 3- The Federal Trade Commission on Friday challenged police body camera maker Axon Enterprise Inc's completed acquisition of rival Vievu, saying it allowed the company to impose substantial price increases. The FTC's announcement it was issuing an administrative complaint came hours after Axon sued the agency in a bid to have potential antitrust...
Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process, which it alleges is biased toward regulators. Axon, the manufacturer of Taser stun guns and body camera systems for police departments, has been the target of FTC scrutiny...
Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process that it alleges is biased toward regulators. Axon, the manufacturer of Taser stun guns and body camera systems for police departments, has been the target of FTC scrutiny...
WASHINGTON, Dec 18- Nearly half the U.S. counties carried by President Donald Trump in the 2016 election were arguably in recession at the time, with local economic output shrinking during a campaign that focused on the declining fortunes of blue-collar America. New data released by the U.S. Commerce Department's Bureau of Economic Analysis show how a national...
WASHINGTON, Dec 16- Wall Street bank lobbyists are seeking moderate Democratic allies in Congress to deprive Elizabeth Warren of votes and curb policies they consider hostile to their interests, according to more than a dozen lobbyists, consultants and campaign data. "While a hostile White House could pose challenges, the banking industry is working to...
Dan Ammann, former president of the largest Detroit automaker and now the CEO of Cruise, wrote in a blog post that to make order-of-magnitude rather than incremental improvements in transportation, we need to build alternatives that are superior to the status quo in every way. Cruise on Wednesday said it would offer more details at an event in San Francisco on...
Dec 11- Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom. Nearly every major multinational automaker and many Tier One suppliers have at least one active partnership, and some BMW, Hyundai, Aptiv and Waymo have several. The extent of those alliances ranges from a simple vehicle supply/retrofit...
WASHINGTON, Dec 9- The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family- owners of Purdue Pharma LP- funneled out of the OxyContin maker before the company filed for bankruptcy in September.
Dec 5- Ride-hailing company Waymo said on Thursday its app will now be available to iPhone users in Phoenix, Arizona. The Alphabet Inc unit began offering fully automated rides, without attendants in the vehicle, to a few hundred early users of its robo-taxi service in Phoenix in October. The company, which launched the first commercial automated ride-hailing...
Dec 4- Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin. Known as Alphabet's " Moonshot Factory," X is a research and development unit that acts as a nursery for the company's many...
Dec 3- Rio Tinto Plc said on Tuesday it would spend $1.5 billion to expand its Kennecott copper mine in Utah, part of a growing trend by miners to invest in strategic mineral projects across the United States. We like the U.S., "Rio Chief Executive Jean-Sebastien Jacques said in an interview. President Donald Trump has moved to cut mining regulations since taking...
DETROIT, Nov 25- Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.. Companies ranging from General Motors Co to startup Lordstown Motors Corp have said they plan to introduce electric pickups over the next two years, and are...
WASHINGTON, Nov 19- A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle's distracted back-up driver. The National Transportation Safety Board said state and...
WASHINGTON, Nov 19- The chairman of the U.S. National Transportation Safety Board offered a harsh critique of Uber Technologies Inc's overall approach to safety in draft findings released on Tuesday of a fatal self-driving car crash in Arizona in March 2018. The NTSB submitted draft findings in Sumwalt's written testimony Congress ahead of a Senate hearing...
NTSB CHAIRMAN SAYS UBER HAD' INEFFECTIVE SAFETY CULTURE' AT TIME OF 2018 FATAL SELF-DRIVING CAR CRASH IN ARIZONA.
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