In only 21 of those cases did the company conduct any follow-up driver investigation, the commission inquiry found. The drunken-driving findings, which stem from a review of passenger complaints lodged between August 2014 and August 2015, were contained in a nine-page investigative order issued by the commission’s Consumer Protection and Enforcement Division on Tuesday. Uber spokeswoman Eva Behrend, noting that the report relates to complaints dating back two or three years, said, “We’ve signifi

South Korean authorities found no explosives at the headquarters of Samsung Life Insurance Co in Seoul, police said on Friday. A police official told Reuters that officers dispatched to the Samsung Life building in Seocho, a southern district of Seoul, concluded there were no explosives at 1:38 p.m. (0438 GMT). The building had been evacuated earlier in the day following a report that explosives were inside.

Apple is considering teaming up with its supplier Foxconn to bid for Toshiba’s semiconductorbusiness, public broadcaster NHK said on Friday — the latest twist in the sale of the world’s second-biggest flash memory chipmaker. The proposal is aimed at allaying the Japanese government’s concerns over any transfer of sensitive technology to investors it deems a risk to national security, it said. Taiwan’s Foxconn, formally known as Hon Hai Precision Industry, declined to comment. Toshiba has narrowe

The New York City-based start-up priced its 10.5 million share offering at $11 per share, above the expected range of $8 a share to $10 a share. The $115.5 million public offering marks the latest in a string of tech offerings that have reawakened the IPO market. Yext is the sixth tech IPO year-to-date, the most number of tech IPOs to this point since 2014, according to Richard Peterson of S&P Global Market Intelligence. Yext posted revenue of $124.3 million in the latest fiscal year, up from $8

T-Mobile has made an enormous investment in wireless spectrum in a very expensive bid to put its LTE network on par with Verizon’s and AT&T’s. The carrier is spending almost $8 billion to acquire more than 1,500 wireless licenses that span across the United States. MORE FROM THE VERGET-Mobile says it will use the spectrum to “expand its LTE network to compete in every corner of the country.” The auction was a rare opportunity for companies to pick up new spectrum — T-Mobile says it won 45 percen

Citigroup easily topped Wall Street’s estimates, reporting earnings of $1.35 on revenue of $18.12 billion. Finally, JPMorgan reported earnings of $1.65 on revenue of $25.58 billion. The firm’s trading revenue reached $6.52 billion, soaring past forecasts. Since the end of the financial crisis, JPMorgan has topped first-quarter earnings estimates 88 percent of the time, with 2014 the only earnings miss – excluding this morning’s report. This is a great track record on paper, but in the short-term

Your iPhone and Apple Watch might just save your life this summer. Apple has emergency features built right into the Apple Watch, iPad and iPhone, and they can easily contact 911 or help you get out of trouble. We have a few tips that might help keep you alive, and they’re particularly important as we head into the summer and start to spend more time outdoors hiking, heading to the beach and into the mountains. Here’s how to prepare your iOS devices for emergency.

Just under three hours after Burger King unveiled a new advertisement designed to hijack your Google Home to read a long-winded description of its Whopper burger, Google has disabled the functionality. As of 2:45PM ET, Google Home will no longer respond when prompted by the specific Burger King commercial that asks “What is the Whopper burger?” Google has likely registered the sound clip from the ad to disable unwanted Home triggers, as it does with its own Google Home commercials. Briefly, some

JC Penney: Stores have seen better sales, traffic Thursday, 13 Apr 2017 | 3:54 PM ET | 00:48Maybe it’s the memories that are bringing shoppers out to the closing J.C. Penney stores. As a result, the retailer has postponed the liquidation sales and closure dates for the 138 stores it plans to shutter this year, the company told CNBC exclusively. “Ever since the company announced its store closure list, those stores have seen better-than-expected sales and traffic,” J.C. Penney spokeswoman Daphne

Facebook’s Instagram announced today that over 200 million people now use its Instagram Stories feature every day, up from 150 million announced in January. Today’s milestone catapults Instagram past the originator of the ‘Stories’ format — Snapchat, which reported 161 million daily active users ahead of its parent company Snap’s IPO last month. Snap shares fell nearly 1.5 percent mid-day Thursday, but ended the day nearly flat, around $20 a share. It also shows remarkable growth, as the feature

The U.S. Federal Communications Commission said on Thursday that T-Mobile, Comcast, Dish Network, and U.S. Cellular were among the largest buyers of spectrum in an $19.8 billion broadcast airwaves auction. The FCC said 175 broadcast stations were selling airwaves to 50 wireless and other telecommunications companies. Companies plan to use the spectrum to build new networks or improve existing coverage to meet growing mobile data demands. The FCC did not immediately disclose the amount of spectru

“Anchor Hocking’s decline was the result of a series of bad buyouts and bad management, beginning when trader (and Donald Trump’s Special Adviser on Regulatory Reform) Carl Icahn temporarily gained control of the company in 1982.” Instead, Anchor Hocking’s decline was the result of a series of bad buyouts and bad management, beginning when trader (and Donald Trump’s Special Adviser on Regulatory Reform) Carl Icahn temporarily gained control of the company in 1982. As Anchor Hocking’s debt grew,

That’s essentially what President Trump is doing by threatening to cut off the federal subsidies, or cost-sharing reduction payments, that Washington sends to lower income Americans to help them pay their Obamacare premiums. Anyone who thinks President Trump is the current or future reason why so many Americans may lose health insurance coverage hasn’t been paying enough attention. And let’s look at what kind of “coverage” Obamacare coverage really provides anyway. But it’s just as much about le

Media reports suggest Apple is aggressively pursuing the creation of a non-invasive blood glucose monitor. A recent study on wrist-worn heart rate monitors, including the Apple Watch, suggests that they offer spotty accuracy at best. While 91% accuracy may be acceptable for recreational heart rate monitoring, it’s not acceptable for blood glucose monitoring. If Apple does use AirPods to monitor glucose via the ear, they wouldn’t be the first company to try it. Integrity Applications sells a prod

The law offered tax credits to help lower the premiums people pay for their insurance every month. It also created these cost-sharing subsidies — the ones at stake in the Trump gambit — to help lower costs further for people who make less money. Insurers would still be required to keep costs lower for these people, but plans wouldn’t receive the federal payments to help them do that. But here’s the legal problem: The Affordable Care Act was a little vague on who would pay for the subsidies. So i

Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 234,000 for the week ended April 8, the Labor Department said on Thursday. That was the third straight weekly decline in claims and left them not too far from a 44-year low of 227,000 hit in February. Claims have now been below 300,000, a threshold associated with a healthy labor market, for 110 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. Economists polled by

Like the healthcare bill, the House Republican tax blueprint stems from Ryan’s “A Better Way” legislative agenda launched during the 2016 election campaign. “You will have a White House, Donald Trump tax plan that we are going to take down to the Hill and try and sell. But Ryan is not giving up on the idea of forging agreement with the White House and Senate leaders. Business lobbyists and tax experts warn that a loss of focus could prove fatal for the tax overhaul effort, if the House blueprint

U.S. producer prices fell in March for the first time in seven months, weighed down by a drop in the cost of services and energy products, but the largest annual increase in five years suggested inflation was rising. Despite last month’s dip in prices, the PPI shot up 2.3 percent in the 12 months through March. Prices for final demand services fell 0.1 percent, accounting for three quarters of the drop in the PPI in March. Energy prices fell 2.9 percent, with the cost of gasoline tumbling 8.3 pe

Property websites in Beijing have become the latest targets of China’s continued efforts to clamp down on ballooning property prices under new restrictions which ban portals from promoting real estate investments. The sites have been given until midnight Thursday to take down overtly promotional language, such as claims of high returns or good feng shui, as government officials in the capital move to deflect a housing bubble. Reports from Chinese state news agency Xinhua claim that 15 property p

Homebuilders are benefiting from the lack of supply of existing homes for sale. This is a factor of both higher prices and a severe lack of inexpensive starter homes for sale. The supply of homes for sale dropped 20 percent compared with March 2016, but sales rose 11.5 percent, according to The Charlotte Regional Realtor Association. This as the market has less than three months’ supply of homes for sale. Tina points to the announcement that the Raiders will be moving to Las Vegas, solidifying i