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US agency upgrades Tesla Autopilot safety probe, step ahead of possible recall

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WASHINGTON, June 9 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said on Thursday it was upgrading its probe to 830,000 Tesla (TSLA.O) vehicles with its advanced Autopilot driver assistance system, a mandatory step before being able to request a recall. The auto safety agency opened a preliminary assessment in August to assess the …

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Credit Suisse shares soar on reported interest in State Street takeover

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MILAN, June 8 (Reuters) – Credit Suisse shares (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Report inside Paradeplatz than State Street, based in the United States (STT.N) plans a takeover bid for the troubled lender, although some in the industry doubt that claim. Shares of Credit Suisse ended up 3.8% in Zurich …

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US SEC chief unveils plan to overhaul Wall Street stock trading

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WASHINGTON/NEW YORK, June 8 (Reuters) – The top U.S. securities regulator proposed rule changes on Wednesday to transform the way Wall Street handles retail stock trading after last year’s stock market meme raised questions about whether mom-and-pop investors were getting the best price. The plan, unveiled by U.S. Securities and Exchange Commission Chairman Gary Gensler, …

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