The mayor of Rio de Janeiro said on Tuesday he would ban the use of ride-hailing app Uber in the city, but left the door open to possible regulation of the service in the future. The decision comes as major cities across Brazil struggle to come to grips with the app and the impact it is having on local taxi drivers.
Two months after receiving a record $105 million fine for lapses in U.S. auto safety recalls, Fiat Chrysler Automobiles NV (FCHA.MI) faces new problems over lax safety reports that could lead to additional financial penalties for the Italian-U.S. automaker.
Volkswagen (VOWG_p.DE) said on Tuesday it will repair up to 11 million vehicles and overhaul its namesake brand following the scandal over its rigging of emissions tests.
The top U.S. intelligence official said he was skeptical that a new U.S.-China cyber agreement would slow a growing torrent of cyber attacks on U.S. computer networks, adding that his approach will be to "trust but verify."
