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Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.

The Tesla Cybertruck, at least in its first model year, will likely not be available in an inexpensive two-wheel-drive version, a document submitted to government regulators by the company said.

Pep Guardiola accepts Manchester City must adapt to the artificial surface they face in Switzerland this week – but claims “common sense” dictates grass is better. The holders will play on unfamiliar terrain in their latest Champions League outing on Wednesday when they take on Young Boys on their synthetic pitch at the Wankdorf Stadium. Guardiola insists there are no complaints on his part, and he has changed his team’s routine to ensure they are prepared. Normally City do not take up the option available to them of training at the stadium when they play away games in Europe, instead preferring to work in Manchester before travelling. However, on this occasion City flew to Bern on Tuesday morning and had a run out on the pitch in the evening. Yet the City manager could not hide the feeling that he would prefer to be playing on a natural surface. Speaking at a press conference, the Spaniard said: “It is what it is. If UEFA allows games to be played here it’s because it’s in good conditions. “That’s one of the reasons we never train away but this is an exception. This is why we travel in the morning for the players to feel how the ball runs, how to move left, right, backwards, forwards. That’s why. “We’ll try it and the players will know it immediately.” Asked if he was concerned about injuries, Guardiola said: “I don’t know – hopefully not, for both sides, but I don’t know. “We are not used to it. Any team that plays here is not used to it. It suits the Swiss league and, in the Champions League, the teams that come here have to adapt. “We will not be the first in this situation. We have to use it as a benefit but the grass is better.” Asked why, Guardiola said: “Because 99.9 per cent of the teams who play in a high level play on grass, otherwise UEFA and FIFA would decide to play on artificial pitches. It’s common sense, I would say.” City go into their third match in Group G looking to maintain their 100 per cent record after victories over Red Star Belgrade and RB Leipzig. Victory in their back-to-back games against Young Boys, who travel to the Etihad Stadium next month, could see City qualify for the knockout stages with two matches to spare. City have no fresh injury concerns, with long-term casualty Kevin De Bruyne their only notable absentee. Guardiola also played down concerns about the form of Jack Grealish, who is taking time to get back to his best after a month out with a dead leg. The City boss said: “I don’t have one doubt about Jack and his quality and what he has done for us since he arrived, especially last season. I’m calm and confident. He is an incredibly important player for us.” Read More Manchester United remember Sir Bobby Charlton ahead of Champions League clash Sean Longstaff pinching himself after change in fortunes at Newcastle World Rugby to launch new international competition from 2026 Simona Halep files appeal with CAS against four-year doping ban Just Stop Oil protesters sentenced for aggravated trespass over Lord’s stunt It helps a lot – Dejan Kulusevski says Spurs must make absence from Europe count

By Rajesh Kumar Singh CHICAGO (Reuters) -Jet engine maker CFM International said on Tuesday more than half of the 145

By David French Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor

Autonomous carmaker Cruise must suspend its driverless taxi operations in California immediately, state motor vehicles regulators announced on Tuesday. "The California DMV today notified Cruise that the department is suspending Cruise’s autonomous vehicle deployment and driverless testing permits, effective immediately,” the state Department of Motor Vehicles said in a statement. “The DMV has provided Cruise with the steps need to apply to reinstate its suspended permits, which the DMV will not approve until the company has fulfilled the requirements to the department’s satisfaction.” The regulator said it has the right to pull back permissions when “there is an unreasonable risk to public safety.” The suspension, which only applies to Cruise trips where no human safety driver is onboard the vehicle, follows an incident earlier this month, where a woman in San Francisco was struck by a human driver in a hit-and-run accident that propelled her into the path of a Cruise robotaxi. “Ultimately, we develop and deploy autonomous vehicles in an effort to save lives,” Cruise said in a statement to ABC7. “In the incident being reviewed by the DMV, a human hit and run driver tragically struck and propelled the pedestrian into the path of the AV. The AV braked aggressively before impact and because it detected a collision, it attempted to pull over to avoid further safety issues. When the AV tried to pull over, it continued before coming to a final stop, pulling the pedestrian forward.” “Our thoughts continue to be with the victim as we hope for a rapid and complete recovery,” the company added. The suspension is a major blow to Cruise, which is owned by General Motors. Alongside Waymo, a subsidiary of Google parent company Alphabet, Cruise saw California, and in particular San Francisco, as a key testing ground of driverless taxi technology. The companies both got permission from state regulators in August to conduct paid taxi service 24/7 without a safety driver in San Francisco, despite vigorous debate in the city over whether the AVs were safe enough to operate. The rollout of robotaxis in San Francisco has been marred with problems. Driverless cars, in particular Cruise taxis, were accused of causing traffic and impeding first responders. According to data Cruise shared with the state in August, between January and mid-July of 2023, Cruise AVs temporarily malfunctioned or shut down 177 times and required recovery, 26 of which such incidents occurred with a passenger inside, while Waymo recorded 58 such events in a similar time frame. Meanwhile, according to the San Francisco Municipal Transit Agency (SFMTA), between April 2022 and April 2023, Cruise and Waymo vehicles have been involved in over 300 incidents of irregular driving including unexpected stops and collisions, while the San Francisco Fire Department says AVs have interfered 55 times in their work in 2023. Last year, Cruise lost contact with its entire fleet for 20 minutes according to internal documentation viewed by WIRED, and an anonymous employee warned California regulators that year the company loses touch with its vehicles “with regularity.” Since being rolled out in San Francisco, robotaxis have killed a dog, caused a mile-long traffic jam during rush hour, blocked a traffic lane as officials responded to a shooting, and driven over fire hoses. Jeffrey Tumlin, San Francisco’s director of transportation, has called the rollout of robotaxis a “race to the bottom,” arguing Cruise and Waymo weren’t yet definitive transit solutions, and instead had only “met the requirements for a learner’s permit.” Others have argued the introduction of driverless cars in San Francisco and beyond will further displace workers pushed out of the taxi industry by companies like Uber and Lyft. Read More Live updates: Republicans nominate Tom Emmer for House speaker New doc on the wrestling abuse that dogged Jim Jordan’s Speaker run Trump slams ‘Globalist RINO’ Tom Emmer after speaker nomination win Live updates: Republicans nominate Tom Emmer for House speaker New doc on the wrestling abuse that dogged Jim Jordan’s Speaker run Trump slams ‘Globalist RINO’ Tom Emmer after speaker nomination win

Apple announced its second product event of the season, a month after introducing its new iPhone 15 lineup. New iMacs are likely.

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Oct 24, 2023--

By Mimosa Spencer PARIS French luxury group Kering reported a bigger-than-expected drop in third quarter sales, underperforming major

Cruise, General Motors' self-driving vehicle subsidiary, just got its license suspended. The California Department of Motor Vehicles revoked Cruise's permits to test and operate fully driverless vehicles on California roads, the agency said in a statement Tuesday.

Sporting Kansas City take on San Jose Earthquakes in the Western Conference's Wild Card matchup.

Bayern Munich cruises to 3-1 win over Galatasaray