US

America’s Electric Grid Has A $2 Trillion Problem

Getting America to reach the goals of zero-carbon electricity generation by 2035 and net-zero economy by 2050 with a surge in electric vehicle transportation and renewable power installations will require massive investments in outdated power transmission lines and building thousands of miles of new lines. The undertaking is huge, and it’s so huge not only …

America’s Electric Grid Has A $2 Trillion Problem Read More »

Elon Musk says Twitter legal team told him he violated an NDA

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register May 14 (Reuters) – Elon Musk on Saturday tweeted that Twitter Inc’s (TWTR.N) legal team accused him of violating a nondisclosure agreement by revealing that the sample …

Elon Musk says Twitter legal team told him he violated an NDA Read More »

Ford sells shares in EV maker Rivian for $188.2 million

May 13 (Reuters) – Ford Motor Co (FN) sold 7 million shares of electric carmaker Rivian Automotive Inc (RIVN.O) for about $188.2 million, or $26.88 apiece, the US automaker said in a filing on Friday. Ford now holds 86.9 million shares in the California-headquartered company. Rivian is struggling in a competitive market, including competition from …

Ford sells shares in EV maker Rivian for $188.2 million Read More »

Mercedes-Benz issues ‘do not drive’ recall for 292,000 US vehicles

WASHINGTON, May 12 (Reuters) – Mercedes-Benz’s (MBGn.DE) US unit said on Thursday it is recalling 292,000 ML, GL and R-Class vehicles from the 2006 through 2012 model years over braking issues and urged owners to stop driving immediately . The National Highway Traffic Safety Administration (NHTSA) said the German automaker was issuing a voluntary “do …

Mercedes-Benz issues ‘do not drive’ recall for 292,000 US vehicles Read More »

Google unveils new 10-shade skin tone scale to test AI for bias

A Google employee speaks at the company’s annual I/O developer conference at the Shoreline Amphitheater in Mountain View, California, US, May 11, 2022. Google/Jana Asenbrennerova/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., May 11 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday unveiled a palette of 10 skin tones …

Google unveils new 10-shade skin tone scale to test AI for bias Read More »

Google’s second try at computer glasses translate conversations in real time

May 11 (Reuters) – The science fiction is harder to see in Google’s second try at glasses with a built-in computer. A decade after the debut of Google Glass, a nubby, sci-fi-looking pair of specs that filmed what wearers saw but raised concerns about privacy and received low marks for design, the Alphabet Inc (GOOGL.O) …

Google’s second try at computer glasses translate conversations in real time Read More »

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow up 0.61%, S&P adds 0.37%, …

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries Read More »

ARK’s Wood sees global recession, blames market selloff on Fed hike plan

Cathie Wood, Founder, CEO and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, US, May 2, 2022. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – The global economy is in recession and recent stock market volatility is a …

ARK’s Wood sees global recession, blames market selloff on Fed hike plan Read More »

The CDC is investigating a Covid-19 outbreak on board a Carnival cruise ship

The Carnival Spirit, which sailed through the Panama Canal, departed Miami on April 17 and arrived in Seattle on May 3, according to a statement from the cruise line. The ship holds 2,124 guests and 930 crew members, Carnival said. The CDC says it’s not permitted to publicly share the number of passengers and crew …

The CDC is investigating a Covid-19 outbreak on board a Carnival cruise ship Read More »