Cisco’s security business revenue misses estimates, shares drop

U.S. talks tough on trade deficit as NAFTA discussions begin

U.S. talks tough on trade deficit as NAFTA discussions begin

The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and boosting U.S. content for autos. At the start of talks in Washington, U.S. President Donald Trump's top trade adviser, Robert Lighthizer, said Trump was not interested in "a mere tweaking" of the 23-year-old pact, which Trump has threatened to scrap without major changes.


...Read the rest of this story

GM's Maven assembling building blocks for ride, delivery services

GM's Maven assembling building blocks for ride, delivery services

The trick will be not to alienate the two ride services startups, whose drivers are leasing thousands of GM vehicles. Maven already has begun to pull away from Lyft, in which GM holds a 9 percent stake, with its own Gig leasing business, officials said. Through Gig, Maven can provide GM vehicles directly to ride-sharing drivers who previously leased them through Lyft Express Drive and Uber Vehicle Solutions.


...Read the rest of this story