A Crisis Forces Google to Uphold Its Values While Fostering Debate – CNBC

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US Tourists Continue Travel to Cuba – Olean Times Herald

AP’s commitment to independent, comprehensive journalism has deep roots. Founded in 1846, AP has covered all the major news events of the past 165 years, providing high-quality, informed reporting of everything from wars and elections to championship games and royal weddings. AP is the largest and most trusted source of independent news and information. US […]

How Macy’s Plans to Fix Its Beauty Products Business – Fortune

So much for wowing Wall Street with better than expected financial results. Despite a shallower drop in second-quarter comparable sales, Macy’s (m) took a massive beating on Thursday on signs that the department store is still far from figuring its way out of the retail abyss it finds itself in. Shares were down 9% in […]

Benchmark is suing Travis Kalanick (and Uber) over board control, claiming ‘selfish’ power grab – Recode

One of Uber’s biggest shareholders, Benchmark Capital, has sued co-founder and ousted CEO Travis Kalanick, claiming he has not honored the terms of his resignation and has been trying to change the makeup of the board to advantage himself. Along with claiming he wanted to “entrench himself for his own ‘selfish ends,’” the high-profile Silicon […]

Tesla Is Developing These Self-Driving, Long-Haul Trucks That Billionaire Warren Buffett Will Fear – TheStreet.com

Tesla Inc. (TSLA) is developing a long-haul, electric semi-truck with autonomous driving capabilities that move in “platoons” and automatically follow the direction of a lead vehicle, Reuters reports. The electric carmaker is said to be nearing the completion of a prototype of the trucks, according to an email obtained by Reuters between Tesla and the Nevada […]

One of Google’s highest-ranking women has answered that controversial memo with a very personal essay – Washington Post

Susan Wojcicki, chief executive of YouTube, is the highest-ranking female Google employee to respond to the memo controversy. (Patrick T. Fallon/Bloomberg News) Like many Google leaders, Susan Wojcicki probably faced some difficult questions from employees this week about the controversial employee memo that exploded on social media. But the most personal question may have come from her daughter. In […]

Disney to End Netflix Deal, Sets Launch of ESPN and Disney-Branded Streaming Services – Variety

Disney is ending its distribution agreement with Netflix for new movie releases, while it’s also buying majority ownership of BAMTech — the streaming-video company founded by Major League Baseball — in a $1.58 billion deal. The moves set a clear course for the media giant to launch Netflix-style direct-to-consumer internet services from ESPN and Disney. […]

After Viral Scandals, Airline Bumping Rates Hit Historic Lows – NPR

United Airlines garnered headlines in April when a passenger was dragged off a plane after the airline attempted to bump him from the flight. Marcio Jose Sanchez/AP hide caption toggle caption Marcio Jose Sanchez/AP United Airlines garnered headlines in April when a passenger was dragged off a plane after the airline attempted to bump him […]

Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production – Reuters

DETROIT (Reuters) – Tesla Inc (TSLA.O) said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering marks Tesla’s debut in the junk-bond market and […]

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