(Reuters) - U.S. robotaxi operators could face increased regulatory scrutiny after an accident involving Cruise, the self-driving cab business of General Motors, forced the company to pause service. In October, one of Cruise's driverless cabs was not able to stop in...
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Business
Amazon.com to cut ‘several hundred’ Alexa jobs
By Greg Bensinger (Reuters) -Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on...
Stocks steady, bonds in euphoric mood on bets of peak rates
By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World stocks steadied near two-month peaks on Friday and Treasury yields briefly touched two-month lows as investors held fast to the belief that U.S. interest rates have peaked and might even fall next...