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U.S. markets news

Tesla's latest creation: An electric big rig that can travel 500 miles on a ...
Tesla finally took the wraps off its long-anticipated electric semi-truck late Thursday, a truck that Elon Musk said would blow people's minds into an “alternate dimension.
Tesla's Unfettered Ambition Will Drain Finances, Analysts Say  Fortune
Tesla's electric truck boosts stock price of Elon Musk's company  USA TODAY
Bloomberg  
Would Rupert Murdoch break up his empire?
Speculation is swirling that the Murdoch family is open to breaking up its entertainment business. Shares in 21st Century Fox gained more than 6% on Friday, after several sources reported interest from Comcast, Sony and Verizon.
Fox And Viacom Lead Media Stock Rally Sparked By Merger Speculation  Deadline
Why there's so much anxiety in the media business right now  CNNMoney
Keystone Pipeline Springs a Leak as Extension Decision Nears
Days before Nebraska regulators are set to rule on TransCanada Corp.'s XL extension to its Keystone pipeline, the existing conduit has sprung a major leak.
South Dakota pipeline spill hits TransCanada shares, Canada crude price  Reuters
With Big Spill to Clean, Pipeline Owner Seeks Keystone XL Approval  New York Times
Stitch Fix goes public in the first tech IPO led by a woman this year
Retail start-up Stitch Fix on Friday became the latest Internet darling to go public, raising $120 million to help fuel future growth.
Top VC deals: Stitch Fix, flying cars and retail robots used at Wal-Mart  CNBC
Stitch Fix's Katrina Lake Did More With Less Cash  Bloomberg
'Nightmare-inducing' robots are now able to do backflips
Boston Dynamics, the company known for its terrifying-looking robots, has released a new video of its humanoid robot, Atlas, jumping from block to block and eventually doing a back-flip.
Watch Parkour Robot Do Backflip as Boston Dynamics Unveils Latest Atlas Model  Newsweek
Boston Dynamics Robot Is Done Being Pushed Around, Learns to do a Backflip  ExtremeTech
Peter Thiel out at influential Silicon Valley startup firm
Billionaire venture capitalist Peter Thiel is no longer affiliated with the influential Silicon Valley startup accelerator Y Combinator, according to a company blog post.
Peter Thiel Out of Y Combinator, Two-Year Partnership Dissolved  Bloomberg
Start-up factory Y Combinator is no longer working with Peter Thiel  CNBC
FCC votes to limit program funding internet access for low-income communities
The Federal Communications Commission (FCC) took steps Thursday to roll back Lifeline - a program that subsidizes broadband and phone service for low-income households.
US regulator votes to loosen media ownership rules  Reuters
Sinclair Wins Again at FCC, and Favoritism Claim Is Revived  Bloomberg
Man Finds Car 20 Years After Forgetting Where He Parked It
One time in Brooklyn I walked to where I thought I'd left my car only to find that the street was empty and that every car had been towed for a film shoot.
After 20 years, man reunites with car he parked and forgot  Times of India
Man Forgets Where He Parked, Finds Car 20 Years Later  Travel+Leisure
California releases pot regulations ahead of Jan. 1 deadline
California released long-awaited rules that will govern the state's emerging legal marijuana industry, while potentially opening the way for larger-scale cultivation that some fear could strangle small-farm growers.
California pot rules mark step toward 2018 legal sales  KRCRTV.COM
California regulators release new rules for state's cannabis industry  10News
GM thinks cheaper batteries will make electric cars more profitable
General Motors intends to make a profit on its next generation of electric vehicles because the batteries will cost nearly one-third less than the batteries in today's Chevrolet Bolt, CEO Mary Barra says.
General Motors' next electric car may have been revealed  Fox News
GM says next-gen electric cars will cost less, go farther  Boston.com