Self-Driving Uber That Hit Pedestrian Wasn't Set to Stop in an Emergency 
 

An Uber car involved in a deadly crash in Arizona wasn't designed to automatically brake in case of an emergency, the National Transportation Safety Board said.

 
Deutsche Bank to Cut Thousands of Jobs 
 

Deutsche Bank confirmed plans to cut thousands of jobs, and the troubled lender's shares fell sharply following an update on investment-banking strategy.

 
Macron to Silicon Valley: Embrace Europe's Regulations 
 

French President Emmanuel Macron ratcheted up tensions with U.S. tech giants calling on them to embrace Europe's regulation of topics ranging from taxation to privacy to artificial intelligence, because Washington is failing to do so.

 
Diageo Calls Time on Seagrams VO and Other Spirits 
 

Diageo is shopping its Canadian whisky brand Seagrams VO and cinnamon schnapps Goldschlager among others as it looks to pivot towards higher-growth brands, according to people familiar with the matter.

 
Harvey Weinstein to Surrender in New York Sex-Crimes Case 
 

Harvey Weinstein, the veteran Hollywood producer, is expected to turn himself into authorities Friday in connection with a sex-crimes investigation conducted by the Manhattan district attorney's office, according to people familiar with the matter.

 
Goldman, Blackstone Make Peace in Credit-Derivative Standoff 
 

Goldman Sachs and Blackstone recently resolved a monthslong standoff over a controversial derivatives trade that had alarmed regulators and investors in the $11 trillion credit-default swaps market.

 
Pfizer to Pay $24 Million to Settle Probe Into Copay Assistance Charities 
 

Pfizer Inc. has agreed to pay nearly $24 million to resolve allegations it violated federal law by using a charity to pay Medicare patients' out-of-pocket costs for the company's prescription drugs.

 
Total Doubles Down on Arctic LNG 
 

French oil giant Total signed a deal to take a 10% stake in a massive Russian gas project, doubling down on controversial efforts to ship supercooled natural gas from the country's Arctic peninsula.

 
Europe to Clinch Cheaper Russian Gas With Gazprom Deal 
 

The European Union settled its multiyear antitrust case against Gazprom, clinching promises of cheaper natural-gas flows from Russia as President Trump demands the bloc taps U.S. energy exports and cuts its dependence on Moscow.

 
RBC and TD Show Mortgage Strength 
 

Canada's two largest banks are weathering a recent cooling of the country's housing market. Royal Bank of Canada and Toronto Dominion Bank reported second-quarter earnings, showing growth in mortgages and low reserves for potential loan losses

(END) Dow Jones Newswires

May 24, 2018 17:15 ET (21:15 GMT)