Six years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver. Then an Uber autonomous test vehicle hit and killed a pedestrian in Arizona and General Motors’ Cruise robotaxis ran into trouble in San Francisco. Yet Amnon Shashua, co-founder and CEO of Mobileye, which makes automated driving systems, says the technology is moving ahead. Shashua says he expects his company to sell a... Читать дальше...
NEW YORK (AP) — Wall Street is holding steady, coming off its latest record-setting week. The S&P 500 was little changed in early trading Monday after closing Friday above the 5,000 level for the first time. The Dow was also little changed, and the Nasdaq composite slipped 0.1%. The next big event for the market could be Tuesday’s update on U.S. inflation, which economists expect to show a drop back below 3%. Diamondback Energy climbed after saying it would buy Endeavor Energy Resources in a deal valued at roughly $26 billion... Читать дальше...
President Joe Biden is hosting Jordan’s King Abdullah II in Washington and the two leaders are expected to discuss the ongoing effort to free hostages in Gaza and growing concern over a possible Israeli military operation in the border city of Rafah. Monday's meeting is the first between the allies since three American troops were killed last month in a drone strike against a U.S. base in Jordan. Biden blamed Iran-backed militias for the fatalities, the first for the U.S. after months of strikes... Читать дальше...
The first stone-constructed Hindu temple in the Middle East is preparing to open in the United Arab Emirates. It's a sign of how far the UAE has come in acknowledging the different faiths of its expatriate community, long dominated by Indians. It's also a sign of how close relations have become between the UAE and India, whose prime minister arrives on Tuesday for his seventh visit just ahead of elections in the world’s largest democracy. He hopes to further business, defense and cultural ties while... Читать дальше...
Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion.
