The Uber Crash Is the Nightmare the Driverless World Feared But Expected

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The Uber Crash Is the Nightmare the Driverless World Feared But Expected

Bloomberg's Eric Newcomer reports on the fatal accident involving an Uber self-driving vehicle in Arizona. Last week, Waymo … When Bloomberg called a former driverless car engineer on Monday to discuss the industry, the person's first comment was: it finally happened. The person asked not to be
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China Needs More Space Underground to Store Gas

That's about 7.8 billion cubic meters, according to Bloomberg calculations. The government plans to increase that storage capacity to 14.8 billion cubic meters by 2020, and more than 35 billion by 2030. That would amount to 4.8 percent and 5.8 percent of demand, based on forecasts from Sanford C.
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RSM Signs On as Top Tier Sponsor of Avalara CRUSH DC Conference

Avalara CRUSH, taking place in Washington D.C. May 9-11, is the largest tax conference of its kind, offering session tracks including sales & use, excise, global, certificate management, returns and more, and attracting expert practitioners across the tax and accounting industry to discuss a shared vision
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Europe Stocks Climb; Dollar Steady, Treasuries Dip: Markets Wrap

Metals were once again under pressure, but Bloomberg's broader index of raw materials increased. Investors appear to be largely treading water ahead of the Federal Reserve's policy meeting Wednesday, where focus will be on whether policy makers signal an acceleration in interest-rate hikes.
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Facebook's content issues are creating a 'tailwind' for Amazon's ad business

Amazon's advertising business may be benefiting from social media content issues elsewhere, says Jefferies analyst Brent Thill.
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