AUTO

Toyota unit falsified emissions data from at least 2003, probe finds

Toyota unit falsified emissions data from at least 2003, probe finds

Hino Motors Ltd displays its new Hybrid Profia, a diesel-hybrid version of its large commercial truck model at its Hino R&D Center in Tokyo, Japan, July 17, 2018. REUTERS/Naomi Tajitsu/File Photo Sign up now for FREE unlimited access to Reuters.com Record Committee releases report on Hino fake data scandal He says that the engineers did …

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Shenzhen accelerates China’s driverless car dreams

Shenzhen accelerates China's driverless car dreams

SHENZHEN, China, Aug 1 (Reuters) – On a busy downtown street, three delivery bikes suddenly cross the crosswalk in front of the car. On the car dashboard they look like little blue 3D blocks from a 90s video game. The steering wheel turns just a notch and the vehicle slows to a smooth stop, while …

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‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

The Federal Reserve raised its benchmark rate by 0.75 percentage point on Wednesday in an effort to moderate rising costs of consumer goods and services. While economists say raising the interest rate will help cool consumer demand and hopefully ease record inflation, it will also raise the cost of borrowing for everything from houses to …

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Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

The US economy contracts in the second quarter Meta Platforms revenue falls for the first time Ford shares rise after results Indices: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, Jul 28 (Reuters) – U.S. stocks rose for a second straight day on Thursday, with all three major indexes ending more …

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Wall Street falls as Walmart warning rattles retail sector

Wall Street falls as Walmart warning rattles retail sector

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record Walmart lowers earnings forecast, drags down retailers McDonald’s beats sales and profit estimates GE jumps on higher profits, Coca-Cola rises on increase forecast …

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