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Alphabet Inc Waymo NHTSA report Super Cruise Tech Top News 

Tesla, others seek ways to ensure drivers keep their hands on the wheel

June 24, 2017 By David Shepardson WASHINGTON (Reuters) – Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like Tesla’s Autopilot, that allow drivers to take their hands off the wheel. In a report this week on the May 2016 crash of a Tesla Inc Model S that killed a driver who was using Autopilot, the National Transportation Safety Board demonstrated that users could mostly keep their hands off the wheel for…

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approval Business Friday Yomiuri report 

Toshiba willing to talk with spurned Western Digital about chip unit sale

June 23, 2017 By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said it was open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate’s prized chip unit – an apparent olive branch after it chose another suitor as preferred bidder. The two have been feuding bitterly and Western Digital, which jointly runs Toshiba’s main semiconductor plant, has sought a U.S. court injunction to prevent any deal that does not have its consent. The softer tone from Toshiba comes on a day of further…

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Business debt month New York Additional report 

Pamplona Capital to take Parexel private for $4.5 billion

June 20, 2017 By Carl O’Donnell (Reuters) – U.S. pharmaceutical research services provider Parexel International Corp said on Tuesday it would be taken private by Pamplona Capital Management LLP in a $4.5 billion deal. Activist investors, including Starboard Value LP, have put pressure on Parexel to explore a sale, arguing that the company’s profit margins have consistently lagged those of its peers. Pamplona will pay $88.10 per share in cash for Parexel, representing a 5 percent premium to the stock’s Monday close. Parexel’s shares were trading at $87.67 before the…

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Business death NTSB report Tesla 

Tesla driver in fatal ‘Autopilot’ crash got numerous warnings – U.S. government

June 19, 2017 By David Shepardson WASHINGTON (Reuters) – A man killed in a crash last year while using the semi-autonomous driving system on his Tesla Model S sedan kept his hands off the wheel for extended periods of time despite repeated automated warnings not to do so, a U.S. government report said on Monday The National Transportation Safety Board (NTSB) released 500 pages of findings into the May 2016 death of Joshua Brown, a former Navy SEAL, near Williston, Florida. Brown’s Model S collided with a truck while it…

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Actress Carrie Fisher death Entertainment MDMA report Top News 

Actress Carrie Fisher had cocaine, heroin in system, autopsy shows

June 19, 2017 LOS ANGELES (Reuters) – “Star Wars” actress Carrie Fisher had traces of cocaine, heroin and party drug MDMA, also known as ecstasy, in her system when she died suddenly in December, according to a full autopsy report released on Monday. The autopsy report from the Los Angeles County Medical Examiner could not ascertain what effect the cocaine and other drugs may have had on her system. Coroner’s officials ruled on Friday that the death of the “Star Wars” actress was due to sleep apnea and other causes….

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Business Fiat Chrysler Japan media report 

Fiat Chrysler denies report it has decided to pull Chrysler brand from Japan

June 19, 2017 TOKYO (Reuters) – Fiat Chrysler Automobiles denied it had decided to pull the plug on the Chrysler brand in Japan, after local media reported it was planning to stop selling the U.S. cars in the country as early as next year following years of poor sales. “Although FCA Japan has already announced its intention to concentrate its resources on the Jeep brand ahead, no decisions have been made regarding (the) Chrysler brand,” the automaker said in a statement on Monday. The Nikkei business daily reported that the…

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Britain Economy immigration report Top News UK 

Businesses warn UK over freedom of movement as Brexit talks begin: think tanks

June 18, 2017 LONDON (Reuters) – Britain should ensure that employers retain access to both skilled and unskilled workers from the European Union as it begins talks to leave the bloc or there is a risk of damaging UK businesses, a research report by two think tanks said on Monday. With Britain’s negotiations on the terms of its departure from the EU set to begin on Monday, the country risks skills shortages and losing business if it ends freedom of movement without a new plan for attracting workers, the report…

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Facebook IPO report Tech Top News Wall Street 

Snap sinks to IPO price for first time since market debut

June 15, 2017 By Noel Randewich SAN FRANCISCO (Reuters) – Shares of Snap Inc dropped 4.9 percent on Thursday to their initial public offering price, highlighting investors’ loss of confidence in the social media company that faces fierce competition from Facebook. The owner of Snapchat – a mobile app that lets users capture video and pictures that self-destruct after a few seconds – ended at $17.00, the price set in its March initial public offering that was the hottest U.S. technology listing in years. Snap climbed to $29.44 in the…

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bank Business report state WASHINGTON 

U.S. jobs market firming; inflation pressures easing

June 15, 2017 By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell more than expected last week, pointing to shrinking labor market slack that could allow the Federal Reserve to raise interest rates again this year despite moderate inflation growth. Inflation is unlikely to pick up any time soon as other data on Thursday showed import prices recorded their biggest drop in 15 months in May. The Fed on Wednesday raised interest rates for the second time this year, saying it expected economic activity…

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Economy Federal Reserve President Donald Trump rates report Top News 

Dollar subdued as Trump probe, weak U.S. data overshadow Fed

June 15, 2017 TOKYO (Reuters) – The dollar nursed losses on Thursday, after weak U.S. inflation data left investors wondering if the Federal Reserve would be able to follow up its latest rate hike with another later this year. Deepening political turmoil in Washington also weighed on the greenback and U.S. Treasury yields, with the Washington Post reporting that U.S. President Donald Trump is being investigated by special counsel Robert Mueller for possible obstruction of justice. Also on Wednesday, a prominent Republican was among those shot by a gunman said…

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