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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
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- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
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California DMV probes GM's Cruise robotaxi following crash
August 21, 2023 11:20 AM EDTThe California Department of Motor Vehicles (DMV) announced Friday that the state auto regulator has opened an investigation into recent concerning incidents surrounding General Motors (NYSE: GM) Cruise autonomous vehicle unit. The DMV has also asked that GM remove half of their robotaxis from service while the investigation is under way.
The statement from the California DMV follows an incident involving a Cruise robotaxi and an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars.
"The DMV reserves the right,... More

