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Uber in advanced talks for $1bn self-driving stake sale

Bloomberg Uber Technologies Inc. is in advanced discussions to sell a $1 billion stake in its costly self-driving car unit to a consortium of investors led by SoftBank Group Corp., people familiar with the plans said. The deal would value the autonomous-vehicle business at $5 billion to $10 billion, and Uber would retain a majority stake, said the people, who ...

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British nightmare for utilities goes from bad to worse

Bloomberg With or without Brexit, Britain is surely the toughest market for European utilities to make money in right now. After years and years of surging bills, disgruntled homeowners are abandoning the nation’s biggest energy suppliers at an alarming rate. In strikingly somber tones, utilities from Innogy SE to Centrica Plc have dished out bearish outlooks detailing their woes in ...

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Boeing 737 Max disasters clue came from space

Bloomberg The first concrete evidence of a possible link between two deadly Boeing 737 Max crashes came from space. A new satellite network capable of tracking planes in high fidelity across the globe captured the flight path of the Boeing Co. 737 Max that crashed March 10. The data was critical in persuading the US to join the rest of ...

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