The PayPal Mafia of Self-Driving Cars Has Been at It a Decade
published Oct 30, 2017, 4:00:08 AM, by Dana Hull (Bloomberg) — The brief history of the self-driving car is parked in Pittsburgh. Robotic vehicles built by students and professors stand sentry on the campus green at Carnegie Mellon University. These cars carry scars and dents—one shows rollover damage—from participation in
Young Europeans Lead Revival of Optimism in Region’s Future
published Dec 4, 2017, 12:27:20 AM, by Niklas Magnusson and Hanna Hoikkala (Bloomberg) — Young Europeans are the most optimistic age group in the region, with a growing number saying they believe they’ll be better off than their parents. It’s a key finding in the latest Intrum European Consumer Payment
More Americans Are Worried About Their Finances
published Nov 29, 2017, 11:01:12 AM, by Suzanne Woolley (Bloomberg) — Many more U.S. workers now report being dissatisfied with their financial situation than they did just two years ago, according to a new survey by global advisory firm Willis Towers Watson. Only 35 percent of employees said they were satisfied with their
GM’s Self-Driving Cars to Be Ready for Ride-Sharing in 2019
published Nov 30, 2017, 3:29:48 PM, by David Welch (Bloomberg) — General Motors Co. plans to have its self-driving cars ready for a ride-share service within two years as the automaker looks beyond traditional car ownership for new tech-driven sources of revenue. After spending more than a year putting the
Republicans Rush to Build Support Ahead of Senate Tax Debate
published Nov 26, 2017, 6:01:46 PM, by Craig Torres and Mark Niquette (Bloomberg) — Republican lawmakers are scrambling to lock up the votes needed to finalize a tax bill that can make it to President Donald Trump’s desk by the end of the year, without the benefit of an important
U.S. Stocks Gain on Tax Outlook as Treasuries Drop: Markets Wrap
published Nov 30, 2017 3:02:53 PM, by Brendan Walsh (Bloomberg) — U.S. stocks posted record highs after John McCain backed the Senate tax bill and the biggest technology stocks rebounded from their worst selloff in more than a year. The Dow Jones Industrial Average climbed past 24,000 after the statement of
Google, Biggest Corporate Buyer of Clean Power, Buying More
published Nov 30, 2017 4:15:46 PM, by Brian Eckhouse (Bloomberg) — Google, the biggest corporate buyer of renewable energy, is buying even more — 536 megawatts of wind power from four different power plants. The Alphabet Inc. unit agreed to buy 196 megawatts of wind power from two Avangrid Inc. power
Japan’s Biggest IPO of 2017 May Deliver Almost 30% in a Year
published Nov 30, 2017 2:00:00 PM, by Keiko Ujikane and Nobuyuki Akama (Bloomberg) — Shares of SG Holdings, the operator of Japan’s second-largest parcel delivery company by volume Sagawa Express, could rise as much as 27 percent by a year after its debut this month as investors bet on solid
OPEC and Russia Ready to Extend Oil-Supply Cuts Until End-2018
published Nov 29, 2017 4:39:17 PM, by Grant Smith, Salma El Wardany and Nayla Razzouk (Bloomberg) — OPEC and Russia are ready to extend their oil production cuts until the end of next year to ensure global stockpiles keep falling and prices maintain recent gains. All OPEC members and Russia,
Oil Drilling in Alaska Refuge Hits Snag Over Budget Protocol
published Nov 29, 2017 5:35:29 PM, by Ari Natter and Erik Wasson (Bloomberg) — A bid to open the Arctic National Wildlife Refuge to oil drilling faces a hold up over an arcane budget rule, a development that may mean it can’t be included in the tax overhaul legislation. Senate