Commodities

Business Highlights

Rising interest rates send stocks skidding; tech plunges NEW YORK (AP) — Global stocks fell Thursday as interest rates in the U.S. continued to rise.

Business Highlights

___ GM, Honda team up to produce self-driving vehicle General Motors and Honda are teaming up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation.

Business Highlights

___ GE, seeking path forward as a century-old company, ousts CEO BOSTON (AP) — General Electric CEO and Chairman John Flannery is being ousted after just over a year on the job at the century-old company.

Business Highlights

___ Tesla faces a reckoning with CEO Elon Musk's job in jeopardy SAN FRANCISCO (AP) — The thought of a Tesla car company without Elon Musk is sending shivers down the spine of Wall Street.

Business Highlights

___ Fed raises rates for 3rd time this year with 1 more expected WASHINGTON (AP) — The Federal Reserve signaled confidence in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to help manage growth and inflation.