Bloomberg US factory production fell in May by the most since January 2014, weighed down by fewer truck assemblies and still consistent with a steady outlook for manufacturing, Federal Reserve data showed. Factory output fell 0.7% (est. unchanged) after rising an upwardly revised 0.6%. Total industrial production, which also includes mines and utilities, decreased 0.1% (est. 0.2% rise) after an ...

Bloomberg Rupert Murdoch and the 21st Century Fox Inc. board will consider on Wednesday how to proceed with Comcast Corp.’s $65 billion bid for the company’s entertainment assets, people with knowledge of the matter said. The Fox board, which agreed to sell the assets to Walt Disney Co. last year, must decide whether Comcast’s proposal has a reasonable chance of ...

Bloomberg A slew of companies have sprung up to make the smarts, sensors and other integral systems for self-driving cars. Here comes one to tell these cars where to go. Startup RideOS said that it has raised $9 million led by venture firm Sequoia Capital and reached a partnership with a division of Ford Motor Co. Started by two former ...