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Uber Racks Up Rides, Losses Amid Setbacks

San Francisco (Fox) - Uber Technologies' scandal-plagued year apparently hasn't deterred ridership, though the ride-hailing company is still reporting heavy financial losses. The San Francisco company reported a $645 million loss for the second quarter, narrowing from $708 million in the first quarter. Revenue, not including a one-time outlay for drivers in

Volkswagen, Fiat Discussing Joint Production of Light-Utility Vehicles

HAMBURG (Reuters) - Volkswagen and Fiat Chrysler Automobiles have held discussions on joining up to produce some light-utility vehicles, a source close to the matter said on Thursday. “It’s still very vague, we have to see if this will be pursued,” the source said, without giving any details. Fiat Chrysler declined to

U.S. Port Volumes Rise as Retailers Add Inventory Ahead of Holiday Season

Ports around the country took in near-record imports in July, pointing to rise in consumer confidence.   U.S. retailers and manufacturers are stocking-up their inventories with newfound confidence heading into this year’s peak shipping season when imports typically tick up ahead of the end-of-year holidays. American ports took in the equivalent of 1.72

Royal Mail is getting some seriously super-futuristic mail trucks

LONDON — Royal Mail is getting some seriously futuristic new mail vans. As previously reported by Engadget, Wired, and elsewhere, the British postal service has announced a trial of nine electric-powered vehicles in London and South-East England. They're made by British electric truck company Arrival and will come in three sizes: 3.5-tonne, six-tonne, and

U.S. board to vote on likely cause of Tesla ‘Autopilot’ crash

WASHINGTON (Reuters) - The U.S. National Transportation Safety Board will vote at a Sept. 12 hearing on the probable cause of a May 2016 crash that killed a man using the semi-autonomous driving system on his Tesla Model S sedan, the agency said on Monday. The fatal incident raised questions about

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