Uber Relents in Its Battle With California Over Self-Driving Cars

Uber halts a test program in San Francisco after the state revoked the registration of the vehicles involved.
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Uber has halted a test program for self-driving cars in San Francisco after the state revoked the registration of the vehicles involved.

Uber had refused to apply for the $150 permit from the California Department of Motor Vehicles because the company said it wasn't required if a human was also in the car. California maintained the tests were illegal.

Bed Bath & Beyond (BBBY) - Get Report posted a profit decline. The retailer says its online sales are growing but not by enough to offset slowing traffic at brick-and-mortar stores. Sales from digital channels grew more than 20%, according to the company.

Micron Technology (MU) - Get Report posted its first revenue rise in seven quarters. It says a stabilizing PC market boosted chip demand and pricing. Micron gets about 60% of its revenue from DRAM chips.

Weekly initial jobless claims are due. Durable goods order are out, as is third-quarter gross domestic product.