Federal News
FRANKFURT, Germany (AP) — German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to … [Continue reading] about Daimler: $4.3 billion quarterly profit despite chip shortage
FINANCIAL MARKETS Asian stocks mixed after Wall Street rebound BEIJING (AP) — Asian stock markets are mixed after Wall Street rebounded and Japanese exports surged. Investors are trying to figure out how rising coronavirus infections will affect the … [Continue reading] about Update on the latest in business:
TOKYO (AP) — Japan’s top automaker Toyota is adding two companies specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles it set up with Hino and Isuzu earlier this year. In announcing the deal Wednesday, Toyota … [Continue reading] about Japan’s Toyota adds ‘kei’ makers to technology partnership
HONG KONG (AP) — China’s internet watchdog said Wednesday it has fined platforms operated by e-commerce company Alibaba and gaming firm Tencent for spreading sexually suggestive content involving children, as regulators seek to clean up content … [Continue reading] about China fines tech giants for content exploiting children
DETROIT (AP) — Ford Motor Co. and a self-driving vehicle company it partly owns will join with the Lyft ride-hailing service to offer autonomous rides on the Lyft network. The service using Ford vehicles and a driving system developed by … [Continue reading] about Ford, Argo AI to deploy autonomous vehicles on Lyft network
