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The Moline, Illinois-based company posted a 60% rise in quarterly profit, yet investors were seemingly unimpressed as shares slumped for the world's largest farm equipment maker. While it easily beat profit expectations, Deere's stock slump is consistent with other cyclical companies that have outperformed estimates. Deere expects 2023 net income between $9.75 billion and $10.00 billion, up from its previous outlook of $9.25 billion to $9.50 billion. Construction and forestry equipment sales increased 14% on solid demand backdrop fueled by U.S. President Joe Biden administration's $1 trillion infrastructure deal. Sales from equipment operations rose about to $14.28 billion compared to $13 billion a year ago.

Persons: Bianca Flowers, Deere, Kristen Owen, Owen, Jerry Revich, Goldman Sachs, Joshua Jepsen, Joe Biden administration's, Vinay Dwivedi, Elaine Hardcastle, Marguerita Choy Organizations: Deere, Co, REUTERS, Oppenheimer, Co Inc, Goldman, Deere's, U.S, Thomson Locations: Bondurant , Iowa, U.S, Moline , Illinois, Chicago, Bengaluru

"The increase in sugar and cocoa specifically is material," Mondelez CFO Luca Zaramella said in July. The data showed Hershey's sales volumes increasingly declined during the period as the company hiked prices. Barry Callebaut (BARN.S), the world's biggest chocolate maker supplying most major brands including Nestle (NESN.S), doesn't expect any growth in sales volumes this year. In the U.S., private label sales volumes grew nearly 9% in the year to mid-June despite near double-digit price rises, IRI data shows. Pennsylvania-based Hershey, is hoping that as it eases off the rate of price hikes, its sales volumes will reverse their current downtrend.

Persons: Mike Blake, Dirk Van de, Luca Zaramella, Patrick Folan, Mondelez, Hershey, Zaramella, Bernstein, I'd, Dan Sadler, Barry Callebaut, Hershey's, Michele Buck, Matt Scuffham, Elaine Hardcastle Organizations: REUTERS, Hershey, Reuters, Consumers, Nielsen, Cadbury, Barclays, IRI, Nestle, Rabobank, El, Kailyn, Thomson Locations: Encinitas , California, Europe, North America, U.S, Pennsylvania, El Nino, West Africa, Ivory Coast, Ghana, Kailyn Rhone, New York

☆ Savoring and Saving: Cooking on Vacation
▼ + stars: | 2023-08-18 | by ( Elaine Glusac | ) www.nytimes.com time to read: +1 min

Matt Tracy, 45, a shoe distributor based in Portland, Maine, loves to cook. “We save a tremendous amount of money cooking,” he said. “We love going out to dinner, but with two kids and other guests it’s expensive.”Whether catering to allergies or other dietary needs, ensuring family harmony or sticking to a budget, cooking on vacation is increasingly popular among travelers choosing short-term rental accommodations. According to a 2023 travel trend report from the vacation rental platform Vrbo, demand for “foodie-menities” is on the rise. Sixty-five percent of users surveyed said equipment like a barbecue, air fryer and deluxe coffee machine were more important than the destination.

Persons: Matt Tracy, , ”, “, fryer Organizations: “ Locations: Portland , Maine, Tuscany

☆ Bonds find respite but China crisis festers
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. But equally there was little let-up in the bad news from China's ailing economy and real estate sector. China's securities regulator said on Friday it would cut trading costs, support share buybacks and introduce long-term capital as it unveiled a package of measures aimed at reviving the stock market and boosting investor confidence. Other Asian bourses and European stocks fell too, with U.S. stock futures also in the red before the open. Emerging market equity indices (.MSCIEF) teetered near two-month lows too.

Persons: Brendan McDermid, Mike Dolan, HSI, teetered, Estee Lauder, Joe Biden, Fumio Kishida, Yoon Suk, Elaine Hardcastle Organizations: New York Stock Exchange, REUTERS, Bank of America, Federal, Jackson, China, HK, People's Bank of, U.S, Japan's, Palo Alto Networks, Deere, Treasury, Japan, South, Camp David Reuters Graphics Reuters, Reuters, Reuters Graphics, Thomson Locations: New York City, U.S, China, Treasuries, Beijing, Philadelphia, Shanghai, Hong Kong, People's Bank of China, South Korea

☆ McConnell says fighting Trump's influence over GOP foreign policy is 'the most important thing' he's doing now
▼ + stars: | 2023-08-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Mitch McConnell said fighting for the future of the GOP is the most important thing he's doing now. McConnell told Politico that he does not want to "redefine" what it means to be a Republican. McConnell told Politico that he views this fight over the GOP's future as the most important thing happening right now that he may still be able to influence. "There are those who are trying to redefine what a Republican is — I'm not in that group," McConnell told Politico's Jonathan Martin. According to Politico, McConnell privately told Finnish President Sauli Niinistö that Trump "redefined narcissism" during a meeting last year.

Persons: Mitch McConnell, McConnell, Trump, Donald Trump's, —, Politico's Jonathan Martin, Martin, Ron DeSantis, Tucker Carlson, Sauli Niinistö, Elaine Chao Organizations: GOP, Politico, Republican, Service, Reagan, Ukraine, Trump, Trump , Florida Gov, Republican House, NATO Locations: Ukraine, Wall, Silicon, Trump , Florida, Finland, Sweden

☆ Ukraine border guards remind Russia Snake Island is again theirs
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +2 min

Ukrainian service members install a national flag on Snake (Zmiinyi) Island, as Russia's attack on Ukraine continues, in Odesa region, Ukraine, in this handout picture released July 7, 2022. Tiny Snake Island became synonymous with Ukrainian resistance in the first hours of the Feb. 24, 2022 invasion, when Russian officers on the Black Sea Fleet flagship Moskva radioed Ukrainian guards stationed there and ordered them to surrender or die. The strategic island overlooks sea lanes to Odesa, Ukraine's main Black Sea port. On April 14, 2022, two Ukrainian missiles struck the Moskva, the biggest warship sunk in combat for 40 years. On June 30, Russia abandoned Snake Island after taking heavy losses trying to defend it.

Persons: Serhiy Deineko, Deineko, Maria Starkova, Elaine Monaghan, Sandra Maler Organizations: Press, Ukrainian Armed Forces, REUTERS, Facebook, Black Sea Fleet, Snake, Thomson Locations: Ukraine, Odesa region, Ukrainian, Ukrainian Crimea, Moskva, Russia, Kyiv, Washington

☆ Ukraine military reports 'partial success' at Robotyne in south
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +1 min

Aug 12 (Reuters) - Ukraine's military said in a regular update of fighting and casualties on Saturday that its forces had made progress near Robotyne on the front line in the southern Zaporizhzhia region. It said 33 combat clashes had taken place and noted that Ukraine's defence forces continued an offensive operation in Melitopol and Berdyansk directions. It said they had "partial success in the Robotyne area of the Zaporizhzhia region." It said the Ukrainians had dug in at the point of their advance and were conducting defensive attacks from there. Reporting by Elaine Monaghan; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Elaine Monaghan, Daniel Wallis Organizations: General Staff of, Armed Forces, Thomson Locations: Robotyne, Ukraine, Melitopol

☆ A Rollicking Tragicomic Tale of Unending Family Drama
▼ + stars: | 2023-08-12 | by ( Jen Doll | More About Jen Doll | ) www.nytimes.com time to read: +2 min

Each member of the Barnes family is facing inner demons, too, which we learn about through alternating chapters dedicated to each character. In Dickie’s sections, we flash back to his past days as a Trinity College student and the secrets he kept while there, which feed into his present troubles — there’s a blackmailer threatening to destroy him. Sweet PJ is targeted by a bully who claims his mother has been ripped off by Dickie’s garage — and then he’s targeted by someone even worse. This all may sound bleak, but Murray’s writing is pure joy — propulsive, insightful and seeded with hilarious observations. Through the Barneses’ countless personal dramas, Murray explores humanity’s endless contradictions: How brutal and beautiful life is.

Persons: Barnes, Dickie, Frank, —, Victor, Cass, Elaine, PJ, Murray, Barneses Organizations: Trinity College, Trinity

☆ Air Canada beats quarterly profit estimates, flags strong demand
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +3 min

An Air Canada airplane is towed along a runway at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. Air Canada pilots anticipate sitting down for labor talks with the carrier in the next couple of weeks, a union official said. Montreal-based Air Canada said it expects to grow available seat mile capacity for 2023 by 21% compared with a year earlier. For the quarter ended June 30, Air Canada reported adjusted net income of C$664 million ($493.97 million), or C$1.85 per diluted share. In May, Air Canada said it expected CASM of about 0.5% to 2.5% below 2022 levels.

Persons: Carlos Osorio, Charlene Hudy, Hudy, Mike Rousseau, Shivansh Tiwary, Allison Lampert, Devika Syamnath, Frances Kerry, Elaine Hardcastle, Jonathan Oatis Organizations: Air Canada, Toronto Pearson Airport, REUTERS, North, Air Canada Pilots Association, Canadian, Air, Thomson Locations: Toronto, Mississauga , Ontario, Canada, U.S, Montreal, Air Canada, Bengaluru

Brent crude futures rose 41 cents, or 0.5%, to settle $86.81 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 37 cents, or 0.5%, to settle at $83.19. The IEA estimated that global oil demand hit a record 103 million barrels per day in June and could scale another peak this month. Meanwhile, output cuts from Saudi Arabia and Russia set the stage for a sharp decline in inventories over the rest of 2023, which IEA said could drive oil prices even higher. On Thursday, the Organization of the Petroleum Exporting Countries (OPEC) said it expects global oil demand to rise by 2.44 million bpd this year, unchanged from its previous forecast. The steady oil rig count indicates U.S. producers are maintaining discipline about drilling and exploration, said Eric Freedman, Chief Investment Officer at U.S. Bank Asset Management.

Persons: Dado, Brent, Baker Hughes, Craig Erlam, WTI, Eric Freedman, Shariq Khan, Ahmad Ghaddar, Andrew Hayley, Elaine Hardcastle, Marguerita Choy, Cynthia Osterman, David Gregorio Our Organizations: REUTERS, International Energy Agency, Brent, U.S, West Texas, IEA, Organization of, Petroleum, Federal Reserve, Bank Asset Management, Thomson Locations: Baker Hughes BENGALURU, Saudi Arabia, Russia, Ukraine, U.S, China, June's

☆ ‘King Coal’ Review: Mining for Stories in Appalachia
▼ + stars: | 2023-08-11 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

Gabby Wilson and Lanie Marsh in ‘King Coal’ Photo: Curren SheldonThere are fewer than 12,000 coal miners left in West Virginia, but the combination of the value, power and danger of the rock in question means the job retains a mythic quality. Filmmaker Elaine McMillion Sheldon , a native of the state, has done a breathtakingly expressive job of capturing the strangeness, the beauty and the devastation of her homeland in the poetic, entrancing documentary “King Coal.”

Persons: Gabby Wilson, Lanie Marsh, Curren Sheldon, Elaine McMillion Sheldon Organizations: Coal Locations: ‘, West Virginia

☆ Morning Bid: Soft landing fatigue
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +3 min

Positive economic data tends to move stock markets, either by fueling rallies, or prompting a temporary sell-off as traders take profits. But Wall Street stock markets ended Thursday flat. Futures point to mild declines for the S&P 500 and the Nasdaq 100 on Friday. The S&P 500 has risen 16% year-to-date. Analysts have cut their estimates for S&P 500 companies' 2023 earnings by about 15% since the end of last year, Capital Economics says.

Persons: Brendan McDermid, Naomi Rovnick, Emmanuel Cau, Cau, Ned Davis, Elaine Hardcastle Organizations: New York Stock Exchange, REUTERS, Nasdaq, Barclays, Economics, Capital Economics, Ned Davis Research, U.S Federal Reserve, Reuters Graphics Reuters, Reuters, University of Michigan, Thomson Locations: New York City, U.S, Tuscany

Both benchmarks have been on a sustained rally since June, with West Texas Intermediate crude (WTI) trading on Thursday at its highest this year and Brent hitting its highest price since January. Brent crude fell $1.15, or 1.3%, to settle at $86.40 a barrel while WTI settled down $1.58, or 1.9%, at $82.82. Oil prices have been boosted in recent days by extensions to output cuts by Saudi Arabia and Russia, alongside supply fears driven by the potential for conflict between Russia and Ukraine in the Black Sea region to threaten Russian oil shipments. The U.S. is also prohibiting some investment in China in sensitive technologies like computer chips and requires government notification in other tech sectors. Thursday's U.S. consumer prices data for July fuelled speculation the Federal Reserve is nearing the end of its aggressive rate hike cycle.

Persons: Johan Sverdrup, Carina Johansen, NTB, Brent, WTI, John Kilduff, John Ritterbusch, Natalie Grover, Muyu Xu, Mark Potter, Elaine Hardcastle, Andy Sullivan Organizations: West Texas, Federal Reserve, Ritterbusch, Associates, Thomson Locations: North, Saudi, Russian, Saudi Arabia, Russia, Ukraine, China, U.S, New York, Gulf of Mexico, Gulf, Mexico, Galena , Illinois, London, Singapore

A branch of the discount retail homeware store Wilko is seen in London, Britain, August 3, 2023. REUTERS/Toby Melville/File PhotoSummaryCompanies Wilko enters administration93-year old retailer trades from 400 storesFailed to secure emergency investmentLONDON, Aug 10 (Reuters) - British discount retailer Wilko said it has fallen into administration on Thursday, a form of creditor protection that puts its 12,000 jobs in danger. The family-owned retailer, facing a cash squeeze after a downturn in trading, had failed to secure emergency investment. Despite the squeeze on household incomes from the jump in interest rates and high levels of inflation, most UK high street chains have traded resiliently so far this year. Reporting by James Davey and Muvija M; Editing by Kate Holton and Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Wilko, Mark Jackson, PwC, McColl's, Jackson, Wilko's, we’ve, James Davey, Muvija, Kate Holton, Elaine Hardcastle Organizations: REUTERS, Morrisons, Thomson Locations: London, Britain, Leicester, England

☆ Typhoon Khanun makes landfall in South Korea after lashing Japan
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

TOKYO/SEOUL, Aug 10 (Reuters) - Typhoon Khanun made landfall on the southeast coast of South Korea on Thursday after dumping heavy rain across southern Japan over the past week. Warnings have been issued across South Korea, with more than 330 flights cancelled and more than 10,000 people moved to safety. In South Korea, outdoor activities have been halted for participants of the World Scout Jamboree. South Korea is still recovering from intense monsoon rain last month, when more than 40 people were killed in floods and landslides, including 14 in a flooded tunnel. Typhoon Khanun brought heavy rain in southern regions of Japan as it continues to head towards South Korea where it could make landfall on ThursdayReporting by Elaine Lies and Hyunsu Yim; Editing by Lincoln Feast, Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

Persons: Khanun, Lan, Elaine Lies, Hyunsu Yim, Lincoln, Ed Davies Organizations: Japan Meteorological Agency, Thomson Locations: TOKYO, SEOUL, South Korea, Japan, Gyeongsang Province, Jeju, Kyushu, Tokyo, North Korea, Pyongyang

☆ Travel Insurance: What It Covers and When to Buy It
▼ + stars: | 2023-08-09 | by ( Elaine Glusac | ) www.nytimes.com time to read: +1 min

In the wake of Covid, travel insurance sales have spiked with the rebound in travel as people seek to protect their investments against flight delays and cancellations, extreme weather events and the persistence of the virus. But travel insurance is complicated with a range of benefits, inclusions and prices. Know what’s coveredGenerally speaking, travel insurance covers unforeseen events, like an illness in the family, the loss of a job or a natural disaster, that force you to cancel or interrupt a trip. Most polices also include medical coverage, which is useful abroad where your health insurance may not cover you. Insure nonrefundable expensesTravel insurance was designed to protect expenses you can’t get back any other way when things go wrong.

☆ Typhoon Khanun lashes southern Japan, north braces for another storm
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

[1/4] Passersby walk in a heavy rain and wind caused by Typhoon Khanun in Kagoshima on Japan's third-largest island Kyushu, August 8, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERSTOKYO, Aug 9 (Reuters) - Heavy rain from Typhoon Khanun pounded southern Japan on Wednesday as another storm approached from the east to possibly threaten Tokyo just as thousands of people prepare to travel during the peak summer holiday season. The JMA issued heavy rain and high wind warnings to many parts of southern and western Japan. Railway operator West Japan Railway Co (9021.T) has also suspended some of its Shinkansen bullet train service in Kyushu. A second storm, Lan, had formed in the Pacific Ocean south of Japan and was predicted to strengthen as it heads north, possibly affecting Tokyo early next week, JMA said.

Persons: Typhoon, Khanun, Mariko Katsumura, Elaine, Miral Organizations: Kyodo, REUTERS, Japan Meteorological Agency, JMA, Railway, Japan Railway Co, Thomson Locations: Kagoshima, Japan's, Kyushu, REUTERS TOKYO, Japan, Tokyo, Okinawa

☆ Apple and Samsung to invest in SoftBank's Arm at IPO -Nikkei
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File PhotoTOKYO, Aug 8 (Reuters) - Apple (AAPL.O) and Samsung Electronics (005930.KS) will invest in SoftBank Group (9984.T)-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday. Reuters reported in June that Arm was in talks with some ten companies - including Apple, Samsung and Intel (INTC.O) - with the aim of bringing on one or more anchor investors in the offering. Last month, Reuters and other media reported that Arm was in talks to bring in U.S. chip designer Nvidia (NVDA.O) as an anchor investor for the New York listing. Apple, Samsung, Nvidia and Intel all plan to invest in Arm as soon as it is listed on the market, the Nikkei said. Apple, Nvidia and Intel did not immediately respond to a Reuters' request for comment.

Persons: Dado Ruvic, SoftBank, Masayoshi, Anton Bridge, Elaine Lies, Joyce Lee, Akash Sriram, Louise Heavens, David Dolan, Miyoung Kim, Sharon Singleton Organizations: REUTERS, Samsung Electronics, SoftBank, Japan's Nikkei, Reuters, Apple, Samsung, Intel, Nvidia, New, Nikkei, U.S . Securities, Exchange Commission, Vision Fund, Thomson Locations: KS, New York, Tokyo, Seoul

☆ No more ice cream with Mt Fuji: Japan train line phases out snack carts
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Aug 8 (Reuters) - Passengers on Japan's super-fast bullet trains have long enjoyed ordering coffee, ice cream or boxed lunches from staff pushing a snack cart, savouring the treats as they whipped past landmarks such as Mount Fuji. But faced with a looming labour shortage and a trend for more people to buy food before boarding the train, on-board snack cart services between the cities of Tokyo and Osaka will reach the end of the line on Oct. 31. The online response was despondent, with "Super-Cold Shinkansen Ice Cream" trending 5th on the X platform formerly known as Twitter and "In-Train Service" 6th within hours of the announcement. "I remember that I enjoyed the ice cream every time I got on the train, and when I jumped on the last train without eating, I was saved by the sandwiches sold there," one user said. "While cost reductions are important for a company, on-board snack cart services are also important for the enjoyment of the traveller's experience," another user wrote.

Persons: Satoshi Sugiyama, Elaine Lies, Christina Fincher Organizations: Mount, Central Japan Railway, Tokyo, Twitter, Passengers, Thomson Locations: TOKYO, Tokyo, Osaka, Japan

☆ Aspen for Cheapskates
▼ + stars: | 2023-08-07 | by ( Elaine Glusac | ) www.nytimes.com time to read: +1 min

Over an $8.50 pint of craft beer from Aspen Brewing Company, which is comparable to what I pay at home in Chicago, I realized that Aspen, Colo., is not expensive by big-city standards. The Economic Research Institute, which compiles financial data for public and private organizations, pegs the cost of living in Aspen at 51 percent higher than the average in the United States, a little less than a city like Seattle. As a professionally penny-pinching traveler, I try to avoid paying urban prices in the mountains. In the summer in Aspen, apart from my weakness for microbrews, I didn’t have to. Cycling, if you can avoid expensive rentals, is a bargain.

Persons: Parks Organizations: Aspen Brewing Company, Aspen, Economic Research Institute, Prada, Parks beckon Locations: Chicago, Colo, Aspen, United States, Seattle

☆ Police Pursuit of U.S.-Based Activist Embroils Family in Hong Kong
▼ + stars: | 2023-08-05 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/police-pursuit-of-u-s-based-activist-embroils-family-in-hong-kong-31ae1248

Persons: Dow Jones Locations: hong

☆ Russia official blames Ukraine cluster shells for Donetsk fire
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

[1/3] Firefighters extinguish a fire in the university building following a reported shelling in the course of Russia-Ukraine conflict in Donetsk, Russian-controlled Ukraine, August 5, 2023. REUTERS/Alexander ErmochenkoKYIV, Aug 5 (Reuters) - A university building in Donetsk in eastern Ukraine was in flames late on Saturday following Ukrainian shelling, the Russian-installed mayor of the city said. "As a result of the latest attack on Donetsk, the first building of the university of economics and trade is on fire," Alexei Kulemzin, the Russian-installed mayor, said on Telegram. He said preliminary information indicated the cause of the fire was an attack by Ukrainian forces using cluster munitions. Ukraine, which received supplies of cluster munitions from the United States last month, has vowed to use them only to dislodge concentrations of enemy soldiers.

Persons: Alexander Ermochenko KYIV, Alexei Kulemzin, Nick Starkov, Elaine Monaghan, David Gregorio Our Organizations: Firefighters, REUTERS, Reuters, Thomson Locations: Russia, Ukraine, Donetsk, Russian, Ukrainian, United States, Kyiv, Washington

☆ Hong Kong’s Property Market Is a Mess—and the Fed Is Partly to Blame
▼ + stars: | 2023-08-02 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hong-kongs-property-market-is-a-messand-the-fed-is-partly-to-blame-22ac7ebe

Persons: Dow Jones, 22ac7ebe

☆ Flights cancelled, thousands told to evacuate as typhoon nears Japan's Okinawa
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Aug 1 (Reuters) - Flights were cancelled and tens of thousands of people were advised to evacuate their homes on Tuesday as powerful typhoon Khanun approached Japan's southern Okinawa island chain, threatening torrential rains and high winds through Thursday. In Okinawa's capital Naha, the airport was closed and all flights - amounting to about 900 - cancelled, TV Asahi said. Wind and rain were picking up on Tuesday evening, with the storm expected to escalate by Wednesday. Okinawa is frequently hit by typhoons, but usually later in the year. Reporting by Elaine Lies; Editing by Stephen Coates and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Elaine Lies, Stephen Coates, Miral Organizations: Asahi, NHK, Kadena Air Base, Thomson Locations: TOKYO, Japan's, Okinawa, Tokyo, Naha, China, U.S, Japan

☆ The first self-driving car fatality case put to rest who was responsible for killing a pedestrian. In this case, it was not the robot.
▼ + stars: | 2023-07-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

A woman behind the wheel of a self-driving Uber that hit a pedestrian has been in legal limbo ever since. The operator faced negligent homicide charges after a 2018 crash killed 49-year-old Elaine Herzberg. A guilty plea entered Friday offered an answer to the once-hypothetical ethics question of who is responsible when a self-driving car kills a pedestrian. Rafaela Vasquez, who was behind the wheel of a self-driving Uber SUV that struck and killed a pedestrian in March of 2018, pleaded guilty to endangerment related to the case, avoiding prison time. The victim, 49-year-old Elaine Herzberg, was the first known pedestrian fatality related to a fully autonomous vehicle crash.

Persons: Uber, Elaine Herzberg, Rafaela Vasquez, AP Vasquez, Joshua Brown of, carmakers Organizations: Morning, National Transportation, AP, New York Times, Tempe Police, of Transportation Locations: Maricopa County, Tempe , Arizona, Joshua Brown of Canton , Ohio

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