Fed's patience on interest rates to last 'for some time'U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for some time," a further sign policymakers see little need to change rates in …Read More
Tesla drops for sixth straight session, down 20% since share offerTesla shares extended their recent sell-off on Wednesday after Citi cut its price target on the struggling electric car maker, leaving buyers of its recent share offer, including Chief Executive Elon Musk, $175 million in the…Read More
GM faces pushback on U.S. self-driving vehicle planGeneral Motors Co faces pushback over its request that U.S. regulators waive some automobile safety standards to make it possible to deploy a ride-sharing fleet of driverless cars without steering wheels or other human contro…Read More
FAA chief has no timetable for ungrounding Boeing 737 MAXThe acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable for when the agency may unground the Boeing 737 MAX that has been involved in two fatal crashes since October.
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