Picture this: You’re driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighborhood pizzeria, an ad offering $5 off a pepperoni pie pops up on your dashboard screen. Are …
Carmakers and tech companies have fallen over one another in recent weeks to show the strides they’ve made with self-driving cars. At CES — usually a stage for bragging about futuristic bona fides — top executives are instead tamping down …
Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the technology. Initial autonomous auto customers …
Auto insurers, faced with rising accident rates and the emergence of autonomous vehicles that could make them obsolete by removing human error, have reason to love and hate driverless technology. Munich Re, the world’s biggest reinsurer, has decided to embrace …
Insurers including Progressive Corp. and Allstate Corp. have stopped issuing policies on new cars in certain Florida counties, hindering vehicle sales days before Hurricane Irma is forecast to hit the state. The companies may be overreacting to losses incurred last …
Eduardo Elsztain, the Argentine real estate developer who controls Israeli conglomerate IDB Development Corp., said he has at least two bidders for the company’s insurance unit, Clal Insurance Enterprises Holdings Ltd. Elsztain is fighting a sale of the company in …
Intel Corp. will acquire Mobileye NV for about $15 billion, paying one of the highest takeover premiums this century to play catch-up in the market for technology that helps cars drive themselves. The U.S. chipmaker will pay $63.54 per share …
