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Popular EVP Lidio Soriano sells $523,515 in company stock

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Horizon Kinetics buys $345 of Texas Pacific Land (NYSE:TPL)

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Romania shoots down drone that breached its airspace

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Romania shoots down drone that breached its airspace

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Treasury Yields Snapshot: August 14, 2026

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Tradeweb Government Bond Update – January 2026

Treasury Yields Snapshot: August 14, 2026

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Neuroone Medical earnings missed by $0.10, revenue fell short of estimates

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Nexalin Technology earnings missed, revenue fell short of estimates

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Waymo gets CPUC approval to expand robotaxi service in California

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Waymo halts freeway robotaxi operations across US over safety concerns

Waymo announced Friday that it is expanding its autonomous ride-hailing business across Northern and Southern California, including into two new major markets.

The Alphabet-owned company said it plans to scale up its existing services across the San Francisco Bay Area and Los Angeles while bringing its robotaxi service to Sacramento and San Diego.

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The announcement comes after the California Department of Motor Vehicles authorized Waymo to operate in the additional areas last year. On Friday, the California Public Utilities Commission (CPUC) approved the company’s application to expand its autonomous ride-hailing service.

“Big news for the Golden State — we have received the CPUC’s approval to expand our autonomous ride-hailing service across the SF Bay Area and LA, and bring our service to Sacramento and San Diego,” Waymo said in a post on X.

WAYMO RECALLS MASSIVE AUTONOMOUS FLEET AFTER INCIDENT FLAGS MAJOR SAFETY ISSUE

waymo on street corner

Waymo received regulatory approval to scale up its autonomous ride-hailing service across California, including bringing robotaxis to Sacramento and San Diego. (Armando L. Sanchez/Chicago Tribune/Tribune News Service via Getty Images / Getty Images)

The company did not provide a timeline for launching service in the new areas but said the expansion would be “gradual and guided by our safety framework.”

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Waymo called the regulatory approval an important step in its California expansion.

“This is an important milestone that will allow Waymo to bring the safety and mobility benefits millions of Californians already enjoy to more communities across the state,” the company said in a press release.

The company currently operates thousands of autonomous vehicles across the U.S., including in San Francisco, Los Angeles, Phoenix and Austin.

ZOOX CEO SAYS AUTONOMOUS VEHICLES NEED REGULATION MONTHS AFTER ROBOTAXI DROVE INTO LAS VEGAS FIRE SCENE

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A Waymo car

A Waymo autonomous vehicle drives along Masonic Avenue on April 11, 2022 in San Francisco, California.  (Justin Sullivan/Getty Images / Getty Images)

In February, Waymo announced plans to expand into Chicago as it seeks to establish a foothold in the Midwest.

The company said it had begun “laying the early groundwork” for operations in Chicago, starting with mapping and manual vehicle testing.

Waymo has also faced several recalls this year. Most recently, the company recalled nearly 4,000 robotaxis in June after more than a dozen incidents in which autonomous vehicles entered closed freeway construction zones, according to the National Highway Traffic Safety Administration (NHTSA).

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Waymo Jaguar I-PACE autonomous SUV waits at an intersection in San Francisco

A Waymo self-driving Jaguar I-PACE SUV waits at an intersection in San Francisco, March 18, 2025. (Smith Collection/Gado/Getty Images / Getty Images)

NHTSA said a software issue could allow affected vehicles to enter closed freeway construction zones and continue traveling at posted speeds. Regulators said the vehicles could fail to recognize or properly respond to certain construction-zone closures.

FOX Business has reached out to Waymo for additional information, including when the expanded California services are expected to launch.

FOX Business’ Bradford Betz and Brittany Miller contributed to this report.

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Chinese refiner Hengli accused of funding Iran through sanctioned oil purchases

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YETI Stock: Cold Reaction Heading Into The Fall (NYSE:YETI)

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YETI Stock: Cold Reaction Heading Into The Fall (NYSE:YETI)

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I’ve been investing for almost 10 years with a focus on long term wealth creation through value growth investing, value investing, and dividend investing. I’m not a financial advisor or financial planner. I do not have a formal background in finance, I have a B.S. in Biology with a concentration in molecular cell biology. I am an avid reader, studier, and learner and have applied my rigorous undergraduate studies and research to investing. I plan to write articles on companies through the lens of fundamental value investing and attempt to find great companies at fair prices. All articles or comments are based on my personal experience, my own research, books/articles I’ve read, or general ideas about building long term wealth.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of YETI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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McKesson director Bradley Lerman sells $268,589 in shares

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McKesson director Bradley Lerman sells $268,589 in shares

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Peter Thiel buys 1% stake in Argentina’s Vista Energy

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Peter Thiel buys 1% stake in Argentina’s Vista Energy

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