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Soros is hyping existential threat to European Union

Any instance of political turmoil in one of Europe’s bigger economics triggers predictions of the imminent collapse of the European Union or the euro area. The latest prophet of doom is George Soros, who recently proclaimed that “everything that could go wrong has gone wrong” for Europe. But at such moments, I’m with James Gorman, Morgan Stanley’s chief executive officer, ...

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All roads, whether electric or even oil, lead to China

A decade ago, knowing where the oil market was going meant knowing China. Today, the same can be said for electric vehicles — which means it still applies to oil, too. That’s a big takeaway from the latest edition of Bloomberg New Energy Finance’s annual Electric Vehicle Outlook. China isn’t the whole ballgame, but its role in determining the feasibility ...

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Uber’s ghost in self-driving machine exposed

What is an autonomous car — and more to the point, has Uber Technologies Inc. been operating them at all? From its public statements, you’d certainly think that its vehicles can more or less drive themselves, with humans required only as a safety back-up while the system is in trial mode. The preliminary report released by the US National Transportation ...

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