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GM profit falls 42% to $1.7 billion in 2nd quarter after selling European operations

Detroit Free Press - 5 hours ago
General Motors said on Tuesday it earned a profit of $1.7 billion during the second quarter, a 42% decline compared with the same period a year ago that was mostly caused by the decision to sell its...

'This will not be the last acquisition,' Michael Kors' CEO says after Jimmy Choo deal

CNBC - 2 hours ago
Michael Kors is focused on forming a "luxury group," CEO John Idol tells CNBC after announcing plans to acquire shoemaker Jimmy Choo. "This will not be [Michael Kors'] last...

It's Late and You've Got the Munchies. Lyft and Taco Bell Have an Idea.

New York Times - 11 minutes ago
A Lyft driver mid-trip in San Francisco. This week, Lyft passengers around a Newport Beach, Calif., location can request rides that incorporate a stop at a Taco Bell drive-through. Credit Christie...

Uber is overhauling its driver support systems in a bid to decrease turnover

Recode - 44 minutes ago
Drivers can expect quicker fare fixes and protection from bad ratings for things that are out of their control. by Johana Bhuiyan@JMBooyah Jul 25, 2017, 12:00pm EDT. tweet · share ·...

Musk and Zuckerberg clash over future of AI

BBC News - 3 hours ago
Elon Musk has accused Mark Zuckerberg of failing to understand artificial intelligence. It comes after the Facebook boss said that the doomsday scenario put forward by Mr Musk was unhelpful. Mr Musk...

Strong earnings boost S&P, Dow; Alphabet drags Nasdaq

Reuters - 1 hour ago
(Reuters) - The S&P and the Dow were higher in late morning trading on Tuesday, helped by a string of strong quarterly earnings from companies, including McDonald's and Caterpillar, while the...

Microchip Implants for Employees? One Company Says Yes

New York Times - 2 hours ago
Jowan Osterlund of Biohax with one of the company's implantable microchips. Three Square Market, a company in Wisconsin, is partnering with Biohax to offer the chips to employees. Credit James...

Activist investor urges sale of Barnes & Noble

Reuters - 5 minutes ago
(Reuters) - Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc (BKS.N) to sell itself, saying the struggling U.S. bookstore chain operator could attract media...

Electric Mini to be built in Oxford

BBC News - 4 hours ago
A fully electric version of the Mini will be built at the Cowley plant in Oxford, BMW has said. The carmaker said the model would go into production in 2019, with Oxford the main "production...

Seagate shares plunge more than 16% after earnings

CNBC - 2 hours ago
The technology company posted adjusted earnings on Tuesday of 65 cents per share, excluding items, in the fiscal fourth quarter. The earnings badly missed estimates. This time last year, Seagate had...

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