Volkswagen taps Microsoft’s cloud to develop self-driving software

Volkswagen AG on Thursday said it will use Microsoft Corp’s cloud computing services to help it streamline its software development efforts for self-driving cars. Volkswagen, which owns brands such as Audi and Porsche, is working on both self-driving cars for the future and driver-assistance features such as adaptive cruise control in current vehicles. But the […]

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U.S. labor market struggling, but light at the end of tunnel

The weekly unemployment claims report from the Labor Department on Thursday, the most timely data on the economy’s health, also highlighted labor market scarring, with over 20 million people collecting unemployment checks in late January. “Claims remain stuck at painfully high levels,” said Robert Frick, corporate economist at Navy Federal Credit Union in Vienna, Virginia. […]

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