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Apple preps up for road tests of self-driving car software

  Bloomberg Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world’s largest technology company into a crowded race to reshape transportation. The California Department of Motor Vehicles granted clearance for trials of the autonomous driving technology on public roads, according to a notice on the ...

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As Trump era starts, Wall Street banks thrive and lending stalls

  Bloomberg US banks reporting their first profits under Donald Trump’s presidency are showing a split: Wall Street businesses are faring far better than some of those serving Main Street. The nation’s two biggest trading firms — JPMorgan Chase & Co. and Citigroup Inc. — posted surprisingly strong revenue from buying and selling securities in the first quarter, when political ...

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Credit Suisse leaders cut their bonuses 40% after backlash

  Bloomberg Credit Suisse Group AG leaders including Chief Executive Officer Tidjane Thiam offered to have their bonuses cut by 40 percent after a growing number of investor advisory groups opposed the packages ahead of this year’s annual meeting. Thiam and the executive board volunteered to shrink long-term incentive awards for 2017 and short-term incentive awards for 2016, according to ...

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