Top News & Analysis California

  • Feb 25- Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood's most powerful studio. He will assume the post of executive chairman and direct the company's "creative endeavors" until his contract ends on Dec....

  • Feb 25- Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood's most powerful studio. He will assume the post of executive chairman and direct the company's "creative endeavors" until his contract ends on Dec....

  • The National Highway Traffic Safety Administration said battery-operated buses will be suspended in 10 U.S. states including Utah, Texas, Colorado, New Jersey, Florida, Ohio, California and Virginia pending an examination of "safety issues related to both vehicle technology and operations." In July, several news outlets in Utah reported a 76- year-old state...

  • WASHINGTON, Feb 25- The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.' s lack of system safeguards in a fatal 2018 Autopilot crash in California and U.S. regulators' approach in overseeing the driver assistance systems. NTSB board members questioned Tesla over the design of its semi-automated driving assistance system and...

  • Atrial fibrillation increases the risk of stroke more than fivefold, according to the American Heart Association. Jeff Williams, Apple's chief operating officer, said the initial study proved the Apple Watch can detect atrial fibrillation with a low rate of false alarms, which helped Apple gain clearance from the U.S. Food and Drug Administration for a watch...

  • The probe, led by attorneys general in Connecticut, Florida, Nevada, Oregon and Texas, will examine whether Juul targeted underage users, and its claims about nicotine content and safety, the offices leading the probe said in separate statements. Several other states, including California and Massachusetts, have already sued the San Francisco- based company...

  • WASHINGTON, Feb 25- The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc' s lack of system safeguards in a fatal Autopilot crash in California in 2018 and U.S. regulators' approach in overseeing the driver assistance systems. NTSB board members at a hearing to determine the crash's probable cause questioned Tesla for the design of...

  • WASHINGTON, Feb 25- The Trump administration is in discussions about whether to renew a license for Chevron Corp's operations in Venezuela as Washington looks to increase pressure on its socialist leader, the U.S. special envoy to the South American country said. State Department officials, including Secretary of State Mike Pompeo, have wanted to keep Chevron...

  • WASHINGTON, Feb 25- German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while U.S. users would only seek $3.50, according to a study of how people in various countries value their private information. It assessed how much privacy is worth in six countries by looking at the habits of people...

  • *Apple engineers work closely with Foxconn early in year. *Travel restrictions could impede face-to-face work. SAN FRANCISCO/ TAIPEI, Feb 25- Travel restrictions to China because of the coronavirus have come just as Apple Inc's engineers usually jet off to Asia to perfect the production of this fall's new iPhones, former employees and supply chain experts told...

  • WASHINGTON, Feb 25- The chairman of the National Transportation Safety Board on Tuesday criticized Tesla Inc' s lack of system safeguards in a fatal Autopilot crash in California in 2018 and U.S. regulators' "scant oversight." NTSB Chairman Robert Sumwalt said Tesla- unlike five other auto manufacturers- has ignored safety recommendations issued in 2017. "It's...

  • WASHINGTON, Feb 25- California Attorney General Xavier Becerra on Tuesday sent a letter to four top U.S. lawmakers urging them not to pre-empt the state's new privacy law with a watered down federal legislation. Federal lawmakers contemplating a federal privacy law are looking at California as a guide, but disagree over whether the federal law would preempt...

  • Mallinckrodt is the third opioid maker to consider bankruptcy protection as it deals with mounting expenses tied to lawsuits by thousands of U.S. states and local governments, holding them accountable for the U.S. opioid epidemic. California Attorney General Xavier Becerra in a statement called Mallinckrodt's proposed settlement "a step in the right...

  • The company's shares reached a new intra-day high and traded up 2% to C $108.82 on the Toronto Stock Exchange, and 2% to $81.76 on the New York Stock Exchange. Hasker, 50, most recently a top executive at Hollywood talent agency CAA and a senior adviser to TPG Capital, will assume his new role on March 15, Thomson Reuters said. Thomson Reuters maintained its organic...

  • "What we bring is clinical study capability on a very large scale," said Paul Stoffels, J&J's chief scientific officer, who said the study aims to track 150,000 participants with long-term follow-ups over two years. Paul Burton, vice president of medical affairs at the J&J subsidiary running the study, said 70% of patients experiencing the condition are over 65..

  • NEW YORK, Feb 25- Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Hasker, 50, most recently a top executive at Hollywood talent agency CAA and a senior adviser to TPG Capital, will assume his new role on March 15, Thomson Reuters said.

  • Feb 25- Ride-hailing services are increasing carbon emissions, with such trips creating more pollution than comparable private car rides and drawing passengers away from public transportation, according to a study released on Tuesday that examined the impact on seven U.S. cities. The report by the Union of Concerned Scientists, a non-profit advocacy group,...

  • NEW YORK, Feb 25- Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Hasker, 50, most recently a top executive at Hollywood talent agency CAA and a senior adviser to TPG Capital, will assume his new role on March 15, Thomson Reuters said.

  • NEW YORK, Feb 25- Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Hasker, most recently a top executive at Hollywood talent agency CAA, will assume his new role on March 15, Thomson Reuters said. Adjusted earnings in the quarter rose to $216 million or...

  • NEW YORK, Feb 25- Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Hasker, most recently a top executive at Hollywood talent agency CAA, will assume his new role on March 15, Thomson Reuters said. Adjusted earnings in the quarter rose to $216 million or...