• Finance

    Musk, Tesla unveil long-awaited “Cybercab” robotaxi

    DOJ requests Tesla autopilot system documents DOJ requests Tesla autopilot system documents 00:27 Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before it’s available. CEO Elon Musk pulled up to a stage at the Warner Bros. studio lot in one of the company’s “Cybercabs,” telling the crowd the sleek, AI-powered vehicles don’t have steering wheels or pedals. He also expressed confidence in the progress the company has made on autonomous driving technology that makes it possible for vehicles to drive without human…

  • Finance

    7-Eleven to close more than 400 of its convenience stores. Here’s what to know.

    7-Eleven clerk who was attacked by mob of robbers is back to work the day after 7-Eleven clerk who was attacked by mob of robbers is back to work the day after 02:46 7-Eleven, the iconic convenience-store brand, plans to close more than 400 “underperforming” locations across North America, its Japanese-based parent disclosed on Thursday. A portion of the 13,000 7-Eleven locations across the U.S. and Canada are experiencing slowing sales, less foot traffic and inflationary pressures, Seven & I Holdings stated in a quarterly earnings report. The company plans to close 444 locations, or roughly 3%, of its North…

  • Finance

    Boeing says it’s cutting 10% of its workforce, or about 17,000 employees

    33,000 Boeing workers striking for higher wages 33,000 Boeing workers striking for higher wages 02:08 Boeing on Friday said it’s cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make “tough decisions” to stay competitive. Ortberg added that the company is also delaying its program to develop the 777X airplane and halting production of the 767 aircraft after it delivers the remaining 767 planes that have been ordered by customers.  The layoffs and production changes come amid a labor dispute at Boeing, with 33,000 machinists…

  • Finance

    Cards Against Humanity offers to pay nonvoters to go to the polls

    Cards Against Humanity, the company behind the purposefully in-poor-taste party game, is offering to pay certain voters up to $100 to cast a ballot in November. Based in Chicago, Cards Against Humanity publishes an adult card game by the same name that has players fill in the blanks in a sentence with a word or phrase from their hand of cards. Marketed as a “party game for horrible people,” the most shocking sentence wins the round. The company unveiled an initiative on Tuesday to encourage people who did not vote in 2020 to do so this year. A website created…

  • Finance

    Tesla robotaxi event will include long-awaited “Cybercab” unveiling

    Tesla’s Robotaxi Day event is set to take place at a Hollywood studio Thursday night, and expectations are high. Too high for some analysts and investors. The company, which began selling software it calls “Full Self-Driving” nine years ago that still can’t drive itself, is expected to show off the so-called “Cybercab” vehicle, which may not have a steering wheel and pedals. The unveiling comes as CEO Elon Musk tries to persuade investors that his company is more about artificial intelligence and robotics as it struggles to sell its core products, an aging lineup of electric vehicles. But some analysts…

  • Finance

    Fisher-Price recalls more than 2 million infant swings after 5 deaths

    What’s that safest way for babies to sleep? | The Answer What’s that safest way for babies to sleep? | The Answer 01:22 Fisher-Price is recalling more than 2 million Snuga Swings sold nationwide after the suffocation deaths of five infants, the company and the Consumer Product Safety Commission announced on Thursday. The recall involves all models of the swings sold at Amazon, Target, Toys R Us, Sam’s Club and Walmart from October 2010 through January 2024 for about $160. About 2.1 million of the recalled swings — manufactured in China and Mexico — were sold in the U.S., and…

  • Finance

    California cheesemaker linked to deadly listeria outbreak ordered to shut down

    A California cheese and dairy company has been ordered to cease production in the wake of a years-long listeria outbreak that killed two people and sickened dozens more, the U.S. Department of Justice announced on Wednesday.  Rizo-López Foods and its owners have discontinued all operations related to the preparing and processing of food, according to an injunction approved on Tuesday by the U.S. District Court for the Eastern District. Evidence that surfaced earlier in the year linked products made by Modesto-based Rizo-López to the outbreak first detected more than a decade ago, in June of 2014, according to the Centers…

  • Finance

    Florida fire marshal calls electric vehicles “ticking time bombs” as Hurricane Milton nears

    Storm surges from Hurricane Milton could turn electric vehicles and other products containing lithium-ion batteries into “ticking time bombs,” Florida’s fire marshal is warning. Residents and first responders are being cautioned about “an alarming fire hazard with lithium-ion batteries, EVs, as well as hybrid and fuel cell vehicles in preparation of Hurricane Milton,” according to a Monday statement from Florida fire marshal Jimmy Patronis, who also serves as the state’s chief financial officer. As of early Wednesday, Hurricane Milton was barreling across the Gulf of Mexico as what the National Hurricane Center is calling a “catastrophic” Category 5 storm, on track to make…

  • Finance

    What is Harris’ “Medicare at Home” plan and how would it work?

    Vice President Kamala Harris is proposing an expansion of Medicare to cover the costs of an in-home aide for many seniors, a direct pitch to the “sandwich generation” of adults caring for aging parents in addition to their own children.  The plan, dubbed “Medicare at Home,” focuses on having Medicare cover costs of home care services and nurses as a way for families to help avoid costs of nursing homes. Harris is pairing it with a plan she’s already announced that would expand the child care tax credit to up to $3,600, and $6,000 for parents with newborns.  Harris unveiled…

  • Finance

    Florida gas stations running low on fuel amid Hurricane Milton evacuations

    Long gas lines, store supplies running low in Central Florida ahead of Hurricane Milton Long gas lines, store supplies running low in Central Florida ahead of Hurricane Milton 01:06 Floridians fleeing Hurricane Milton on Tuesday faced shortages at gas stations in addition to congested roads. “Every highway is dead-stop traffic it seems,” said Chris Cain, a resident of Sanibel Island preparing to evacuate Tuesday with his girlfriend and 8-month-old. “There are fuel outages throughout the area, so there’s navigating that to even get to” the hotel 20 miles inland that the couple booked earlier in the week, Cain told CBS MoneyWatch.…