Uber grounds autonomous cars

The markets traded mixed during the midday with the Dow falling 56 points to 20,539 while Nasdaq rose 7 points to 5,836.


A car crash Friday evening in Arizona prompted Uber to ground all self driving vehicles over the weekend. Developmental operations resumed in San Francisco today but autonomous cars in Arizona and Pittsburgh will continue to sit idle. A self driving Volvo SUV was hit by a car that failed to yield while making a turn.


Samsung will sell refurbished Galaxy Note 7 smartphones and recycle 4 million Note 7 devices. The Korean electronics firm was forced to recall all Galaxy Note 7 phones worldwide last year after numerous reports of overheating and exploding batteries. Samsung will decide where the refurbished devices will be sold after meeting with the appropriate regulatory agencies.


Facebook's Messenger will follow the lead of Google Maps and add a live location sharing feature. Live Location will allow location sharing for one hour. The feature was developed once Messenger learned that a user's location was the most frequent topic of conversation on the app.


In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 index lost 4 points to 2,339. Bitcoin leaped $76 to $1033.


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