Monthly Archives: September 2016

Apple Steers Its Car Project All Over the Map

McLaren Technology Group, which manufactures Formula One and luxury supercars, has denied rumors that it was engaging in discussions with Apple regarding a possible purchase or strategic investment. Apple has been pursing a highly secretive project to develop its own venture in the electric and autonomous vehicle space, and it reportedly has entered negotiations with McLaren on a potential deal.

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Google rebrands cloud business, adds more artificial intelligence

(Reuters) - Alphabet Inc's Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company's latest gambit to better compete with Amazon.com and Micr...

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CBS, Viacom reunion could lift both after media upheaval

LOS ANGELES/NEW YORK (Reuters) - Eleven years ago, media mogul Sumner Redstone declared "the age of the conglomerate is over" as he prepared to split old-school broadcaster CBS from the fast-growing Viacom Inc cable networks and the Paramount film stu...

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U.S. reaches $4 million settlement with Wells Fargo over car repossession

WASHINGTON (Reuters) - Wells Fargo Bank, a unit of Wells Fargo & Co, has agreed to pay more than $4.1 million to resolve allegations it illegally repossessed cars owned by members of the U.S. military, the Justice Department said on Thursday.

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If elected, Clinton under pressure to appoint tough Wall Street sheriffs

WASHINGTON (Reuters) - Democratic Party progressives intent on reining in Wall Street are pushing Hillary Clinton to choose people to head the Treasury, SEC and other agencies who will crack down on big banks if she wins the White House on Nov. 8.

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