Lyft to test self-driving cars

The markets traded mixed during the midday with the Dow falling 43 points to 21,764. Nasdaq rose 5 points to 6,398.


Lyft riders in the San Francisco area will soon have the option of riding in a self-driving car. The ride hailing app partnered with Drive.ai to test ten autonomous cars with live passengers. A trained driver will accompany the vehicle in case of an emergency and the rides will be free.


Nestle will acquire six-year-old startup Sweet Earth that makes frozen vegan meals and snacks. Sweet Earth's products are available at more than 10,000 locations nationwide in independent stores as well as chains such as Whole Foods, Target and Walmart. The maker of Harmless Ham and Benevolent Bacon reportedly generated $25 million in revenue last year.


Amazon announced plans to spend $5 billion to build a second headquarters, HQ2, in North America. The location must have more than 1 million people and easy access to an international airport. HQ2 will create nearly 50,000 jobs.


The broader S&P 500 slipped 2 points to 2,463. Bitcoin climbed $23 to $4,606.


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