Tesla is recalling nearly 363,000 vehicles with its “Full Self-Driving” system to fix problems with the way it ignores posted speed limits and behaves around street intersections. Tesla’s recall covers some 2016-2023 Model S and Model X vehicles, as well as 2013 through 2017 Model 3s, and 2020l through 2023 …
Read More »Twitter down: “Twitter may not be working as expected,” Elon Musk says
Many Twitter users found themselves unable to tweet, follow accounts or access their direct messages on Wednesday as the Elon Musk-owned platform experienced a slew of widespread technical problems. “Twitter may not be working as expected for some of you. Sorry for the trouble. We’re aware and working to get …
Read More »Fed hikes interest rates a quarter point: What it means for your money
The Federal Reserve on Wednesday made its eighth consecutive rate hike since March of 2022. If there is a glimmer of light for weary borrowers and investors, it’s that the increase is the smallest since the central bank began pushing rates higher almost a year ago. The Fed raised its …
Read More »Rupert Murdoch pulls plug on possible merger of News Corp. and Fox
Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp., saying the merger isn’t coming at the right time for shareholders. In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan. “Mr. Murdoch indicated that …
Read More »Tesla engineer says company faked “full autopilot” video: Report
A Tesla video purporting to demonstrate the automaker’s self-driving capabilities was actually staged, according to claims from a senior engineer at the company reported by Reuters. The video was shared in a 2016 blog post titled “Full Self-Driving Hardware on All Teslas,” that is still available. Before the nearly 4-minute …
Read More »Buffalo Bills were denied a police escort home after deadly blizzard
Western New York loves its local NFL team, but apparently not enough to escort players through a deadly blizzard. The Buffalo Bills played an away game against the Chicago Bears on Christmas Eve, then tried to fly back to upstate New York on Christmas Day just as the Buffalo area …
Read More »Most small SUVs fail insurance industry’s revamped frontal crash tests
Detroit — Most small SUVs flunked the latest frontal crash tests done by the insurance industry but oddly enough, they’re just as safe as they were before. That’s because the Insurance Institute for Highway Safety updated the test so it places more emphasis on keeping back-seat passengers safe. Only the …
Read More »Elizabeth Holmes’ former lover faces sentencing in Theranos case
A former Theranos executive learns Wednesday whether he will be punished as severely as his former lover and business partner for peddling the company’s bogus blood-testing technology that duped investors and endangered patients. The sentencing for Ramesh “Sunny” Balwani, who was convicted in July of fraud and conspiracy, comes less …
Read More »Stocks plummet after Fed signals more rate hikes ahead
Stocks fell sharply on Wall Street Wednesday after Federal Reserve Chief Jerome Powell signaled that it’s too early for the central bank to consider pausing its interest rate increases as it tries to crush the worst inflation in decades. The S&P 500 fell 96 points, or 2.5%, closing at 3,760. …
Read More »Kanye West booted out of Skechers headquarters in California
Manhattan Beach, Calif. — The rapper formerly known as Kanye West was escorted out of the California-based headquarters of athletic shoemaker Skechers after he showed up unannounced Wednesday, a day after Adidas ended its partnership with the artist following his antisemitic remarks. The Grammy winner, who legally changed his name to …
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