Tag: New York
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Tesla Was Kicked Off Fatal Crash Probe by NTSB
The National Transportation Safety Board told Tesla Inc. on Wednesday that the carmaker was being removed from the investigation of a fatal accident, prior to the company announcing it had withdrawn from it, according to a person familiar with the discussion. NTSB Chairman Robert Sumwalt relayed the decision in a call to Tesla’s Earlier: Tesla…
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Tesla Asks for Model 3 Factory Volunteers to Prove Haters Wrong
Some Model S and X workers may switch to Model 3 line Friday Reaching goal would be ‘incredible victory,’ executive says Elon Musk’s vision of building a mass-production electric-vehicle manufacturer. “I find that personally insulting, and you should too,” Field wrote in the March 23 email. “Let’s make them regret ever betting against us. You…
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East Coast Travel Recovering After Noreasters Winds and Rain
The impact of a powerful nor’easter diminished on Saturday after the storm caused chaos along the U.S. East Coast, halting trains and forcing airports to ground flights as high winds and heavy rain knocked out power and flooded Boston streets. Hundreds of thousands of homes and businesses were still without power on Saturday along the…
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New Jersey Transits Hidden Danger: Bad Brakes, Bare Wires, Rotten Parts
Federal inspectors found scores of New Jersey Transit train cars riddled with fire risks, faulty brakes and electrical hazards as they scrutinized the troubled railroad that brings 95,000 workers to Manhattan daily. One engine was so defective it was declared unsafe, documents obtained under New Jersey’s Open Public Records Act show. In some cases, NJ Transit’s…
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Facebook Says Business Stays Strong Amid News Feed Changes
Facebook Inc. may be making major changes aimed at fixing its impact on society. But its business is as safe as ever. That’s the message from executives after an adjustment to the news feed algorithm — the company’s biggest moneymaker — prompted investor concerns that user attention could drop off, curbing demand for advertising. Yes,…
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Gun Buying Loses the Fear Factor Under Trump, Sparking Price War
A bad dream for U.S. firearms producers has become reality: The fear-based motivation for gun purchases has evaporated and is being replaced by bargain hunting. A price war has broken out across the gun industry with no end in sight. Sales and profits are dropping. American Outdoor Brands Corp., the maker of Smith & Wesson weapons,…
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Oil Slips From Two-Year High as Doubts Over OPEC Meeting Linger
A rising U.S. rig count and continuing uncertainty over OPEC’s strategy to extend supply cuts pushed oil prices lower following a week in which they hit their highest close in more than two years. Futures slid as much as 2.4 percent in New York after rising 1.6 percent Friday to the most since June 2015.…
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What Bitcoin Watchers Are Saying After the Surge Past $10,000
Bitcoin entered uncharted territory on Wednesday after breaching $10,000 for the first time, leaving investors to wonder how long the rally will go — and whether it will end in tears. The digital currency climbed as much as 4.4 percent to a record $10,379.53 during Asia trading hours, capping a more than 10-fold increase this…
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