NTSB to investigate fatal Indiana crash involving Tesla Model 3

DETROIT — The U.S. government’s road safety agency is sending a special team to Indiana to investigate a fatal crash involving a Tesla electric vehicle.

The National Highway Traffic Safety Administration said Wednesday that its team will check the crash scene and inspect the Model 3 vehicle involved in the Dec. 29 crash with a parked fire engine on Interstate 70 near Terre Haute.

The crash, which killed the driver’s wife who was a passenger in the Tesla, is the second one to be investigated in the past two weeks by NHTSA. Also on Dec. 29, a Tesla Model S sedan left a freeway in Gardena, California, at a high speed, ran a red light and struck a Honda Civic, killing two people inside, police said. The agency dispatched its special crash investigation unit to the site on New Year’s Eve.

Authorities have yet to determine in either case whether the Teslas were operating on Autopilot, a system designed to keep a car in its lane and a safe distance from other vehicles. Autopilot also can change lanes on its own.

Tesla TSLA, +4.92%  has said repeatedly that its Autopilot system is designed only to assist drivers, who must still pay attention and be ready to intervene at all times. The company contends that Teslas with Autopilot are safer than vehicles without it, but cautions that the system does not prevent all crashes.

Quality Meats’ Michael Stillman pays $7M for East Side co-op

Restaurateur Michael Stillman and his wife, Allison, have purchased an Upper East Side co-op for $6.85 million.

That’s just under its asking price of $6.99 million.

Stillman is the president and founder of New York-based Quality Branded, the group behind Quality Meats, Quality Italian, Smith & Wollensky and other high-end restaurants.

The four-bedroom full-floor unit at at 29 E. 64th St. spans more than 4,000 square feet and includes a private elevator landing, a formal living room, an eat-in kitchen and a corner master bedroom.

It also comes with a $10,050-a-month maintenance fee.

As for building amenities, there’s a full-time doorman, a live-in resident manager, private storage and a bicycle room.

The listing brokers were Henry Hershkowitz, Heather McDonough Domi, Christine Miller Martin and Deanna Lloyd, of Compass.

RPT-China's Dec PPI falls 0.5% y/y, CPI up 4.5% y/y

(Repeats story to attach to alerts)

BEIJING, Jan 9 (Reuters) – China’s producer prices in December fell 0.5% from a year earlier, official data showed on Thursday, marking the sixth month of contraction as manufacturers struggled with weak demand and the U.S.-Sino trade war.

Analysts had expected factory-gate prices to fall 0.4% year-on-year, compared with a 1.4% drop in November.

The consumer price index in December rose 4.5% from a year earlier, unchanged from the gain in November and missing analysts’ expectations of a 4.7% rise. (Reporting by Lusha Zhang, Colin Qian and Ryan Woo; Editing by Jacqueline Wong)

China's Dec PPI falls 0.5% y/y, CPI up 4.5% y/y

BEIJING, Jan 9 (Reuters) – China’s producer prices in December fell 0.5% from a year earlier, official data showed on Thursday, marking the sixth month of contraction as manufacturers struggled with weak demand and the U.S.-Sino trade war.

Analysts had expected factory-gate prices to fall 0.4% year-on-year, compared with a 1.4% drop in November.

The consumer price index in December rose 4.5% from a year earlier, unchanged from the gain in November and missing analysts’ expectations of a 4.7% rise. (Reporting by Lusha Zhang, Colin Qian and Ryan Woo; Editing by Jacqueline Wong)

Snow safety: Shovelling snow the right way to avoid injury this winter

The annual chore of shovelling snow is something Canadians fight over — namely, over who doesn’t have to move the slushy, wet winter treat.

Common winter injuries, like slipping on ice, send thousands of Canadians to the emergency room each year according to a previous Global News report. 

However, if you lose the coin toss, there are a few tips to make sure you don’t fall victim to annual winter injuries.

SEC plan would loosen exchanges’ control over real-time stock data

Regulators are taking steps to loosen the control that big U.S. exchanges exert over the flow of real-time stock prices to the public in an effort to lower costs for investors.

A proposal advanced Wednesday by the Securities and Exchange Commission takes aim at a two-tier system that allows trading platforms such as the New York Stock Exchange and Nasdaq Inc. to charge their largest customers higher fees for faster proprietary feeds, leaving smaller players to rely on a slower public stream.

If approved, the proposal would give brokers and trading firms a stronger role in how the public feeds are run. Ultimately, that could reduce the prices they pay for the feeds — savings they might pass on to investors — and produce richer content. At the same time, it could hurt revenues of the exchange groups that provide data, such as NYSE parent Intercontinental Exchange Inc. ICE, -0.88% , or ICE for short, and Nasdaq NDAQ, -0.55% .

Critics say the current system discourages exchanges from investing in the slower feeds, called securities information processors, or SIPs, and gives them too much leeway to increase fees.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

U.S.-Iran tensions complicate probe into crash of Ukrainian jetliner.

U.S. cancer death rate drops by largest amount on record.