Transportation Secretary Pete Buttigieg is closely watching the electric vehicle space and current leader Tesla, especially as it pertains to the latter’s controversial autonomous driving features that have reportedly played a part in various crashes.  “Anytime we have a report of a safety issue, that is taken very seriously at the federal level and by the NHTSA [National Highway Traffic Safety Administration] within my department. And that is true in terms of requesting and requiring… Source link

Transportation Secretary Pete Buttigieg told Yahoo Finance Live supply chain bottlenecks at the country’s major ports will likely persist for the foreseeable future.  “We are definitely seeing some immediate impacts of the immediate steps that we have taken, but the honest answer I can give you, as long as the pandemic continues, there will be disruptions,” Buttigieg explained.  The supply chain bottlenecks triggered by the pandemic continue to have multiple effects on the U.S. economy.  For… Source link

Slowly but surely, Bitcoin (BTC-USD) is being used to purchase everyday items like coffee and cars — and now, real estate is also joining the party. The first commercial property in New York is being put on the market for digital coin. Magnum Real Estate Group is selling three retail condos complete with a fully rented-out retail bottom floor in Manhattan’s upper East side for $29 million — but will only accept Bitcoin. Located at 385 First Avenue in a new construction luxury residential… Source link

About 5 million Americans have exited the labor force since the pandemic began. Goldman Sachs estimates that about 3.4 million are likely gone for good due to retirements, meaning that 1.7 million people are open to returning to work. But Goldman said in a note on Nov. 11 that there is a “long-run risk” to labor force participation: a general distaste for work. The bank’s economics team pointed to the reddit thread r/Antiwork, a social media community carrying the mantra “Unemployment… Source link

Arc XP, a leading digital experience platform, today announced the addition of its Subscribe with Google integration into Arc Subscriptions, giving its news publishing clients a seamless way to leverage Google’s simplified sign-in and checkout experience. Subscribe with Google makes it easy for readers to subscribe and then access their subscription content whenever they’re logged into their Google account. Once readers subscribe, paywalled content will be highlighted across Google… Source link

Yahoo have delivered its pilot programmatic digital out-of-home (DOOH) omni-channel campaign with global asset and wealth management company, Schroders – a first for both brands in Singapore and Southeast Asia. Running from July to October, Schroders’ “Beyond Profit” campaign leveraged programmatic DOOH complemented by mobile retargeting capabilities over Yahoo’s omni-channel demand-side platform (DSP) to increase brand awareness, engage the right audiences and influence consumer… Source link

Stocks gained on Monday as investors monitored upbeat economic data out of China and awaited key retail sales and earnings results out from major U.S. companies later this week.  The S&P 500, Dow and Nasdaq each opened higher. The Dow rose with shares of Boeing (BA) leading the way higher after the aircraft-maker’s head of commercial airplanes told Bloomberg he was “hopeful” that China would resume orders of the 737 Max soon following more than two years of grounding.  Stronger-than-expected… Source link

Lucid’s first EV earns coveted award, recognizing Lucid Air’s unrivaled combination of efficiency, performance, and luxury with EV powertrain technology developed and manufactured entirely in-house – Lucid Air awarded MotorTrend’s Car of the Year against a formidable field of 24 competitors from major manufacturers – The win marks the first time that the initial product from a new automotive company has been awarded MotorTrend’s flagship Car of the Year award – Designed in Silicon Valley and… Source link

COLUMBIA, Md. & DENVER, November 15, 2021–(BUSINESS WIRE)–BigBear.ai, a leading provider of artificial intelligence, machine learning, big data analytics, and cyber solutions, and Palantir Technologies Inc. (NYSE: PLTR), a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments, today announced that they have entered into a commercial partnership under which BigBear.ai’s and Palantir’s products will be integrated to… Source link

By Ambar Warrick and Devik Jain (Reuters) – U.S. stock index futures rose on Monday as major technology stocks advanced, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending. The three major Wall Street indexes had fallen between 0.3% and 0.7% last week on concerns over high inflation and weakening consumer sentiment. Investors had begun pivoting into economically resilient sectors, mainly technology, towards the end of the… Source link