Detroit police said Tuesday they do not believe Tesla's driver assistance system Autopilot was in use during a crash last week of a Tesla that became wedged underneath a tractor-trailer and left a passenger in critical condition.
Samsung Electronics co-CEO and mobile chief Koh Dong-jin said on Wednesday that the current supply-demand imbalance of IT sector chips and related components was "very serious" and the second quarter "poses a slight problem".
Honda Motor Co said late Tuesday it will temporarily suspend some production next week at all U.S. and Canadian plants citing a number of supply chain issues.
Asian stocks were set to open mostly lower on Wednesday following a sell-off in U.S. stocks, as investors awaited the Federal Reserve's meeting and whether the central bank will maintain near-zero interest rates amid the economy's post-pandemic recovery.
The pressure on companies to get serious about sustainability and climate change makes good business sense but the proof is in the pudding, namely, how these targets are going to be implemented, says the Financial Times’ Andrew Edgecliffe-Johnson.
Leaving aside whether digital-verification means are the best, such programmes could inadvertently divert scarce vaccines and risk countries opening up too quickly, says a researcher at ANU.
Four more states have joined a lawsuit filed by Texas and others against Alphabet Inc's Google that accuses it of breaking antitrust laws to boost its already dominant advertising business, the Texas attorney general said on Tuesday.
Uber on Tuesday said it is granting its UK drivers employee status, with benefits including a minimum wage - a world first for the US ride-hailing giant.
Wells Fargo & Co recommended shareholders vote against a proposal asking the bank to conduct a racial equity audit, citing a comprehensive assessment on human rights issues already underway at the bank.
Lennar Corp on Tuesday posted a more than two-fold jump in first-quarter profit as historically low mortgage rates and a COVID-19 pandemic-induced shift to suburban living encouraged more Americans to buy homes.
