World stocks little changed ... New study critical of infotainment technology in cars ... Payout time for Alaskans
TOKYO (AP) — World share prices are little changed today, with trading in Asia becalmed by public holidays in Shanghai, Hong Kong and South Korea. Investors are awaiting further U.S. government jobs data following a report by payroll processor ADP showing that hiring by private employers weakened sharply last month. In early trading, Britain’s FTSE 100 and France’s CAC 40 are up. Germany’s DAX is down. Dow futures are flat and S&P 500 futures are nearly unchanged, pointing to a slow start for Wall Street.
WASHINGTON (AP) — A new study says the infotainment technology that automakers are cramming into new vehicles is making drivers take their eyes off the road and hands off the wheel for dangerously long periods of time. The study is the latest by University of Utah professor David Strayer, who has been examining the impact of infotainment systems on safety for AAA’s Foundation for Traffic Safety since 2013.
BERLIN (AP) — Federal prosecutors say have wrapped up a nearly four-year evaluation of possible eavesdropping of German telecommunications by U.S. and British secret services. Prosecutors say there isn’t enough evidence to open a formal investigation. The say among other things, they looked at material collected by a parliamentary panel, German intelligence reports and documents leaked from former NSA contractor Edward Snowden.
ANCHORAGE, Alaska (AP) — Nearly every Alaskan has just received $1,100, thanks to this year’s payout from the state’s oil wealth investment fund. The distribution from the Alaska Permanent Fund is essentially free money for residents, who already don’t pay a state income tax or statewide sales tax. But it’s just a fraction of the expected $2,200 windfall, which was cut in half for the second straight year to help the state pay in its bills amid a recession due to continued low oil prices.
TOKYO (AP) — The investment fund heading the consortium that plans to buy Toshiba Corp.’s memory chip business says it will try to reach a speedy settlement with Western Digital, the U.S. joint venture partner of Toshiba that is opposing the sale. The Japan head of Bain Capital, says the 2 trillion yen ($18 billion) deal Toshiba agreed to last month with a consortium led by Bain will go ahead despite Western Digital’s efforts to stop it through litigation.