Uber allows riders to tip drivers via app, matching Lyft

June 21, 2017 at 12:00a.m.

SAN FRANCISCO

Uber is enabling passengers to tip its U.S. drivers with a tap on its ride-hailing app for the first time, part of a push to recast itself as a company with a conscience and a heart.

Besides the built-in tipping option, Uber is giving drivers an opportunity to make more money when passengers keep them waiting or don’t cancel rides within two minutes.

The expanded earnings opportunities are the first step in what Uber is billing as “180 days of change” for its U.S. drivers.

Takata bankruptcy means air-bag victims get less

DETROIT

Legal experts say an expected bankruptcy filing by Japanese air bag maker Takata will leave little money for dozens of people who sued the company over deaths and injuries caused by exploding air-bag inflators.

So far the faulty inflators have killed 11 people in the U.S. and 16 worldwide.

More than 180 people have been injured. The problem touched off the biggest recall in U.S. automotive history.

Barclays charged with fraud over Qatar deal

LONDON

British regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for $7.7 billion to avoid a government bailout during the financial crisis in 2008.

The Serious Fraud Office announced the charges Tuesday following an investigation into two rounds of fundraising from Qatar in 2008.

The probe centered on agreements under which Barclays paid the Qatari investors 322 million pounds.

Ford to move Focus production to China, sees no US job loss

DETROIT

Ford Motor Co. will export vehicles from China to the U.S. for the first time starting in 2019.

Ford said Tuesday it plans to move production of its Ford Focus small car from the U.S. to China, where it already makes the Focus for Chinese buyers. Ford will continue to make the Focus in Europe and will also export some variants of the Focus from Europe to the U.S.

Sales of small cars have dropped sharply in the U.S., and companies are seeking to cut costs making them. Ford’s president of global operations Joe Hinrichs said the move to China will save the company $1 billion, including $500 million for canceling plans to build the Focus in Mexico.

Wary of the response from President Donald Trump, who has criticized Ford for making vehicles outside the U.S., Ford said the move won’t cost U.S. jobs.

Associated Press

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1230.43-0.45

Aqua America, .71 33.780.03

Avalon Holdings,2.48-0.01

Chemical Bank, .2747.64-0.76Community Health Sys. 8.82 -0.31

Cortland Bancorp, .2818.600.05

Farmers Nat., .1614.35-0.30

First Energy, 1.44 29.870.00

Fifth/Third, .5225.56-0.03

FirstMerit Corp.,--

First Niles Financial, .1210.250.58

FNB Corp., .4813.72-0.30

General Motors, 1.5234.390.04

General Electric, .9228.13-0.67

Huntington Bank, .28 13.23-0.09

iHeartMedia Inc.,1.800.05

JP Morgan Chase, 1.9287.53-0.54

Key Corp, .3418.58-0.22

LaFarge, .34--

Macy’s, 1.51 22.11-0.60

Parker Hannifin, 2.52 163.56-0.79

PNC, 2.20122.98-0.81

Simon Prop. Grp., 6.60158.95-0.02

Stoneridge 14.37-0.18

United Comm. Fin., .12 8.56-0.15

Selected prices from Tuesday’s 4 p.m. close.