Waymo recall, Bill Ackman & Universal Music, Tesla committee

00:00 Speaker A

We are two hours into the trading day. And it’s time for Yahoo! Finance’s market minute. Stocks are mostly higher as China suspends export controls and a trade and investment ban against US companies. Alphabet’s Waymo will recall more than 1200 self-driving vehicles after finding evidence of over a dozen collisions. Waymo saying the issue causing the crashes was fixed in its sixth generation software. And shares of Universal Music Group falling after the company confirmed Bill Ackman is stepping down from its board due to obligations arising from his recent investments. And Tesla’s board reportedly formed a committee to revisit CEO Elon Musk’s compensation after his historic $56 billion pay package was blocked by a Delaware judge. That’s according to the Financial Times. And that’s your Yahoo! Finance market minute. Scan the QR code for more to track the best and worst performing stocks of this session. We’ve got much more on Yahoo! Finance.

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