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Waymo gains edge over Uber in driverless-car case

Bloomberg Waymo won a ruling that may strengthen its trade-secrets suit against Uber Technologies Inc. even as the Alphabet Inc. unit fell short of its goal to bring its rival’s driverless-car program to a standstill. US District Judge William Alsup approved of Uber’s move last month to demote the engineer leading its self-driving unit to keep him away from related ...

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Europe car sales suffer biggest drop since 2013

Bloomberg European car sales fell the most in four years in April as the shift of Easter from March reduced buyers’ time for shopping, while registrations in the UK were further sapped by tax changes. With at least two fewer selling days compared with a year ago, industrywide registrations dropped 6.8 percent to 1.23 million vehicles last month, according to ...

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Unusually low volatility can harm markets

The smoother the road, the faster people are likely to drive. The faster they drive, the more excited they are about getting to their destination in good, if not record time; but, also, the greater the risk of an accident that could also harm other drivers, including those driving slower and more carefully. That is an appropriate analogy for the ...

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