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Uber plans to offer autonomous taxi rides in San Francisco starting next year

Uber said Wednesday that the San Francisco Bay Area will be the first market for its specially built autonomous taxi, which is expected to launch in late 2026. The San Francisco-based ride-hailing company said in July it was developing a robotaxi with the electric car ...
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What to know as the annual sign-up window for health insurance arrives

Higher prices, less help and a government shutdown all hang over health insurance markets as shoppers start looking for coverage this week. The annual enrollment window for millions of people to pick an individual plan opens Saturday in nearly all states, and a heavy dose ...
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Chipmaker Nvidia on track to become first $5 trillion company

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze ...
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S&P, Nasdaq futures up as Nvidia eyes $5 trillion mark ahead of Big Tech results

(Reuters) -S&P 500 and Nasdaq futures ticked higher on Wednesday, with Nvidia poised to surpass $5 trillion in market value ahead of results from three “Magnificent Seven” companies and the Federal Reserve widely expected to cut interest rates. Shares of the world’s most valuable company ...
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Bank of Canada widely expected to trim rates as US trade war drags on

By Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada is almost certain to reduce its key policy rate to 2.25% on Wednesday, with President Donald Trump’s latest threats of higher tariffs reinforcing expectations that a rate cut would be needed to help spur demand and ...
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Fed expected to cut interest rates, but less than Trump wants

(WASHINGTON) -- The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first time since a government shutdown sharply restricted the release of gold-standard federal data about the economy.In a rare exception, the ...
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Caterpillar’s third-quarter profit drops on weak US construction activity, tariffs

(Reuters) -Caterpillar reported a lower third-quarter profit on Wednesday, hit by weak construction activity in the U.S. and tariffs imposed by the Trump administration. The company, seen as a bellwether for the global industrial economy, reported an adjusted per share profit of $4.95, down from $5.17 ...
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EU rules not a barrier to telcos scaling up, senior EU official says

By Foo Yun Chee COPENHAGEN (Reuters) -EU merger rules do not prevent telecoms operators from scaling up through acquisitions, a senior European Commission antitrust official said on Wednesday, rejecting criticism from the European industry about the tough approach by regulators. More than 20 of Europe’s biggest ...
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Analysis-China signals it will pull plug on subsidies for EVs with five-year plan exclusion

SHANGHAI/BEIJING (Reuters) -China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that has left the world’s second-largest economy saddled with vast oversupply, prompting ...
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HSBC expands startup-focused group in Singapore as part of global push

NEW YORK (Reuters) -HSBC has expanded its innovation banking business to Singapore, pledging to allocate $1.5 billion in the city-state as part of a global push to lend to startup companies, the bank said on Wednesday. The group in HSBC’s commercial bank was established ...
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Edmunds compares the new BMW X3 and Mercedes-Benz GLC

Compact luxury crossovers are ideal if you’re seeking a compelling blend of utility and style without having to pay full-size luxury SUV pricing. The BMW X3 has been a front-runner since the original model’s introduction in 2003, but it continues to face stiff competition ...
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Mercedes reports plunge in Q3 operating profit, hit by job cuts

By Rachel More BERLIN (Reuters) -German carmaker Mercedes’ operating profit plunged by more than two-thirds in the third quarter, the company said on Wednesday, hit by hundreds of millions of euros in redundancy payouts, as it faces intense competition in the U.S. and China. Group earnings ...
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