Self-Driving Car Tech In Crosshairs As Feds Probe Tesla Crash
Linda Chiem, 19 April 2021
A fatal crash in Texas involving a Tesla vehicle purportedly in semi-autonomous mode with no driver behind the wheel has sparked dual federal investigations that will invite sharper regulatory scrutiny of potential gaps in self-driving car technology, even as CEO Elon Musk flatly rejects suggestions that Autopilot was a factor.
The U.S. Department of Transportation’s National Highway Traffic Safety Administration, which regulates auto safety, as well as the National Transportation Safety Board, which investigates transportation accidents, sent teams Monday to investigate the Saturday crash in the Houston suburb of Spring, which left two people dead. Continue reading “Article: Self-Driving Car Tech In Crosshairs As Feds Probe Tesla Crash”

A Boston federal judge on Monday laid out plans for the district’s first high-profile criminal jury trial since the start of the COVID-19 pandemic, walking attorneys through an exhaustive set of safety measures including witness stands encased in plexiglass and disposable microphone covers.
What happens when a company set up by the Chinese government to help clean up toxic debt in the country’s banking system gets into trouble itself? We’re finding out now. Investors were spooked in April after China Huarong Asset Management Co., one of the country’s biggest distressed asset managers, failed to release financial statements in the wake of the execution of its former top executive for bribery. That raised questions about its financial health — and broader worries about whether China would let an institution backed by the central government fail. The ending of a presumed safety net that’s long been priced into Chinese bond values would mean a seismic shift for investors across emerging markets.
Franklin D. Roosevelt was president when the Securities Exchange Commission was created in 1934. The function of the SEC was to regulate the buying and selling of securities, and to reform the stock exchanges. Its Holy Grail was to protect investors.
WASHINGTON — The US Treasury Department on Friday said that no major trading partner of the United States meets the criteria as a currency manipulator, but Vietnam, Switzerland and China’s Taiwan will be under enhanced monitoring for their currency practices.
Would you pay more than 100 million dollars for a single deli in rural New Jersey that had less than $36,000 in sales during the last two years combined? I know that sounds like a completely ridiculous question, but the stock market apparently thinks that deli is worth that much. On Thursday, the Dow Jones Industrial Average closed above 34,000 for the first time in history, and investors all over the country cheered. But this financial bubble is not real. It is a giant mirage that is built on a foundation of fraud.
Reddit has traditionally taken a laissez-faire approach to policing content on its platform. The company hosts a loose federation of old-school internet forums, known as subreddits, which are each overseen by a team of volunteer moderators. Reddit sets certain baseline rules banning things like child porn, drug sales, and (as of 2015) harassment. But the rest is up to the users in each subreddit, who set their own community-specific norms and empower unpaid moderators to enforce them.