MarketWatch Uber used secret tool 'Greyball' to sidestep authoritiesMarketWatchUber Technologies Inc. has for years employed a program that uses data from its ride-hailing app and other tools to evade government officials seeking to identify and block the service's drivers, according to a person familiar with the matter. The …Uber Deploys Secret Weapon Against Undercover RegulatorsU.S. […]
USA TODAY Uber's Greyball Shows How The Regulatory State Limits Economic GrowthForbesThere's an outbreak of pearl clutching as it is revealed that Uber used a "secret" tool called Greyball to sidestep the authorities trying to close down some of the company's operations. It's a neat little example of how the regulation of the economy …Uber […]
Los Angeles Times EPA to reconsider vehicle fuel standards, may move against California targetsLos Angeles TimesThe Environmental Protection Agency plans to announce its intent to withdraw final determination on strict fuel-efficiency standards for future cars and light trucks, the latest signal by the Trump administration that it is charting a new course on …Trump Administration […]
The Detroit News GM, PSA reach deal on Opel saleThe Detroit NewsFrench automaker PSA Group has reached a deal with General Motors Co. to buy the Detroit carmaker's Opel division and will announce the acquisition Monday, two people briefed on the matter told the Associated Press on Friday. GM's move to get out of …PSA […]
New York Times Set to Lift Interest Rate, Fed Embraces Investors' OptimismNew York TimesJanet L. Yellen, the chairwoman of the Federal Reserve, said that the Fed plans to raise its benchmark interest rates this month if conditions are favorable. By REUTERS. Photo by Charles Rex Arbogast/Associated Press. Watch in Times Video ». embed.GLOBAL ECONOMY WEEKAHEAD-Fed […]
Sacramento Bee Keystone pipeline won't have to use American steel, despite Trump's repeated promisesABC NewsThe Keystone XL pipeline will not be bound by the Donald Trump's Jan. 24 memo requiring new and retrofitted pipelines to use American steel, the White House said today — and apparently contradicting promises made by the president. "The way that …Trump […]
Washington Times Nissan accused of wrongly blocking union activity at plantNewsOK.comJACKSON, Miss. (AP) — The United Auto Workers union charges that Nissan Motor Co. broke federal labor law less than two days before a Mississippi rally where U.S. Sen. Bernie Sanders plans to speak in favor of unionization. The UAW says that on …The top 10 […]
USA TODAY Costco shares fall after fee hike, Wall Street missUSA TODAYShares of Costco Wholesale fell Friday, the day after the popular discount warehouse club operator announced a hike in membership fees and reported earnings that missed Wall Street forecasts. The Issaquah, Wash.-based company's stock (COST) closed …Is Costco's new $60 annual membership fee worth it?MarketWatchHere's […]
Fox News Feds dig in: Agents raid Trump-touted CaterpillarFox NewsPresident Trump's “love” of Caterpillar, Inc. apparently wasn't deep enough to spare the Illinois-based manufacturer from a multi-agency federal raid linked to its overseas subsidiaries and tax practices. The company, which makes mining and …Despite raid by feds, Caterpillar reputation may emerge unscathed, experts sayChicago Tribune'I […]
Bloomberg Full Text of Fed Chair Yellen's Executives' Club of Chicago RemarksBloombergI am pleased to join you today to discuss the U.S. economy and the Federal Reserve's monetary policy. I strongly believe that my colleagues and I should explain, as clearly as we can, both the reasons for our decisions and the fundamental principles …Set […]