Sarah Rankin, Associated Press Updated 12:46 pm CDT, Wednesday, August 14, 2019 These undated file photo provided by the Virginia State Police show Trooper-Pilot Berke M.M. Bates, left, of Quinton, Va., and Lt. H. Jay Cullen, of Midlothian, Va. The widows of two Virginia troopers killed in a helicopter crash during a deadly white nationalist rally in Charlottesville are now suing the state and others over their husbands’ deaths. (Virginia State Police via AP) less These undated file photo provided by the Virginia State Police show Trooper-Pilot Berke M.M. Bates, left, of Quinton, Va., and Lt. H. Jay Cullen, of Midlothian, Va. The widows of two Virginia troopers killed in ... more Photo: AP Photo: AP Image 1 of / 1 Caption Close Image 1 of 1 These undated file photo … [Read more...] about Widows sue over troopers’ deaths in helicopter crash
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By Trefor Moss WSJ Fri., Jan. 25, 2019 SHANGHAI—Long known for being cheap but ugly, Chinese cars are starting to turn heads as domestic manufacturers poach star designers from foreign rivals. Lured by top-dollar salaries—and the chance to put their stamp on an entire line of vehicles—designers from Rolls-Royce, Audi, Volvo, BMW and other prestigious marques have been signing on to make Chinese cars contenders in the looks department. For decades, the main focus for China’s auto makers was the exploding market at home as Chinese families acquired cars at a breakneck pace. If they exported at all it was to emerging markets, where the premium was on cheap wheels. Competing on a global scale has become more pressing as China’s own auto market, while still the world’s largest, plateaus after years of dependable growth. Chinese passenger-car sales declined 3% in the first 11 months of 2018 year-over-year. Intensifying competition at … [Read more...] about Chinese Cars Are Still Cheap. But They’re No Longer Ugly.
By Angus Loten WSJ Fri., Jan. 25, 2019 Google’s cloud business for years has lagged behind market leaders Amazon.com Inc. and Microsoft Corp., but it is betting its homegrown prowess in artificial intelligence will help it catch up. From the search-engine giant’s online translation tool, to more recent advances in autonomous vehicles, AI has been built into everything Google does, Brian Stevens, chief technology officer at Google Cloud, Alphabet Inc.’s cloud-services unit, told WSJ Pro AI. Seeking a bigger stake in the cloud market, Google is now taking these and other in-house AI capabilities, “packaging it up and making it easy for our customers to use,” Mr. Stevens said. Last year, real-estate company Keller Williams turned to Google’s cloud unit to develop a tool that would allow its staff to quickly create online property listings. Google, using its computer vision capabilities, built an AI-powered application capable of … [Read more...] about Google Looks to AI Expertise to Boost Its Cloud Business
By Robert Wall WSJ Max Colchester WSJ Thu., Jan. 24, 2019 LONDON—Airbus SE, one of Europe’s biggest companies, sharpened its threat to move operations out of the U.K. if politicians couldn’t negotiate a deal to leave the European Union in an orderly fashion. The verbal attack from outgoing Chief Executive Tom Enders—a frequent and outspoken critic of Brexit—adds a significant dose of fresh pressure from the business community, amid a standstill in London over how to move forward with stalled Brexit plans. The U.K. is slated to leave the EU on March 29, but hasn’t yet agreed to a deal with the bloc—threatening to upend the free flow of goods across the English Channel. Mr. Enders on Thursday called the lack of clarity for businesses a “disgrace.” Airbus, which makes the wings for all of its planes in the U.K. and employs 14,000 in the country, said a disorderly breakup would threaten its continued … [Read more...] about Airbus CEO Calls Brexit Talks a ‘Disgrace’
Jim Pattison, who has a reported net worth of $US5.9 billion, has been called “Canada’s Warren Buffett.” Like Buffett, Pattison is the third-richest person in his country, is relatively frugal, and donates heavily to philanthropy. But Pattison can also be a little lavish – he owns a $US25 million yacht and a fleet of jets. Warren Buffett has plenty of billionaire peers, but it’s easy to see why Jim Pattison has been dubbed this Canadian counterpart. Known as “Canada’s Warren Buffett,” Pattison, 90, has a net worth of $US5.9 billion, according to Forbes. It may not even graze Buffett’s $US8o billion net worth, but it ranks him as the third-richest man in Canada – equivalent to Buffett’s seat as the third-richest man in America. Also like Buffett, Pattinson is relatively frugal. Born during the Great Depression, he had humble beginnings that stuck with him even as he created and developed a giant conglomerate, The … [Read more...] about Meet ‘Canada’s Warren Buffett,’ the 90-year-old billionaire who drives a Toyota pickup truck around his hometown and owns a $25 million yacht