Automobiles boost US consumer spending; inflation still tame – Reuters

WASHINGTON U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this year. The Commerce Department said on Monday that consumer spending, which accounts for more than two-thirds of […]

Uber, Careem suspend services in UAE capital – Reuters

ABU DHABI Ride-hailing services Uber [UBER.UL] and Careem have suspended services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday and did not know when they could resume operations, they said on Sunday. “This is a temporary suspension and we will let you know of any further updates,” an Uber spokesman in […]

Germany’s economy minister: US-EU free trade talks have failed – Reuters

BERLIN Germany’s Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed. “The negotiations with the USA have de facto failed because we Europeans did not want to subject ourselves to […]

Graduate Students Clear Hurdle in Effort to Form Union – New York Times

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Speedo, three other sponsors drop Ryan Lochte – USA TODAY

Speedo, three other sponsors drop Ryan Lochte – USA TODAY

x Embed x Share US Olympic swimmer Ryan Lochte lost his first major endorsement after a false tale of robbery. USA TODAY Rio police said U.S. swimmer Ryan Lochte lied about being held up at gunpoint Sunday morning.(Photo: Peter Casey, USA TODAY Sports) Speedo was the first, announcing early Monday it dropped its sponsorship of embattled […]

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers expect will be ready for production in 2019.(Photo: Spencer Platt / Getty Images) Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers […]

Trump’s Empire: A Maze of Debts and Opaque Ties – New York Times

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