Business Update

California approved a law last year allowing the police to cite autonomous vehicles, but it did not specify any penalties, and the law doesn’t take effect until 2026. Source link

President Trump wants the S.E.C. to reduce the frequency of corporate earnings reports. Our columnist says it’s a reasonable experiment, but at a dangerous time. Source link

Four crew members and 94 passengers came down with norovirus while sailing from San Diego to Miami. Source link

The president plans to meet with the White House budget chief to slash what he described as “Democrat agencies.” Source link

The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more. Source link

A Supreme Court decision that keeps a Fed governor on the job for now could scramble President Trump’s effort to add more loyalists at the central bank. Source link

Play Airlines said it was ceasing operations, becoming the second low-cost airline in Iceland to collapse in the last six years. Source link

President Trump’s tariffs on timber, wood, furniture and kitchen cabinets could raise the cost of building and buying a home. Source link

A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale but not breathe easy,” one expert said. Source link

Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Southern deal. Source link