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Tesla needs safeguards to prevent drivers from sleeping on 'Autopilot' -U.S. senator

Democratic U.S. Senator Ed Markey asked Tesla Inc on Wednesday to disable its “Autopilot” driver-assistance system until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep. Markey cited a local news report that said a driver had fallen asleep behind the wheel as a Tesla drove 14 miles on Autopilot. Other unconfirmed videos on social media appear to show drivers sleeping behind the wheel of Tesla vehicles. …read more […]

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Business News

‘Phase One’ U.S.-China trade deal may not be completed this year: trade sources

Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House say, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own.

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Investment in Solar Energy for 2020

I’m fascinated by electricity. From a young age, I have been “messing around” with electronics.
I built my first stereo system from a kit back in 1967. I then designed and built a device that caused colored floodlights to flash with the music.
It was psychedelic, man.
My parents raised their eyebrows a bit. They were initially afraid that I might burn down the house from a short circuit or something.
Fortunately, that never happened. And I went on to have a decades-long career in electrical engineering.
I may be retired now, but I still like messing around with electricity. Especially when it comes to …read more […]

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UPDATE 1-GM sues FCA, alleging bribery, corruption of union bargaining process

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM. GM said it will seek “substantial damages” from FCA, but did not specify an amount. …read more […]

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GM sues FCA, alleging bribery, corruption of union bargaining process

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM. GM said it will seek “substantial damages” from FCA, but did not specify an amount. FCA could not immediately be reached for comment. …read more […]

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Exclusive: ECB flags failings in dirty-money screening at Malta's top bank

Malta’s biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing “severe shortcomings” that could have allowed money laundering or other criminal activities. A confidential ECB report seen by Reuters said Bank of Valletta (BoV) had not dealt with a litany of risk management failings despite repeated warnings from the Frankfurt-based regulator stretching back to 2015. The report — adopted by the ECB in the summer after an inspection late last year — calls for remedial measures, including assessing if BoV’s top managers are fit for …read more […]