Why Advanced Micro Devices Inc. Stock Rose 34% in January
The semiconductor designer beat Wall Street's estimates in the fourth quarter, and CEO Lisa Su is even more excited about what's coming next.
Mets renovate high-end club in pitch to businesses
The MLB franchise is building a new Home Plate Lounge at Citi Field, aiming to attract corporate ticket holders who want to host clients and strike deals between innings.
Embark’s Self-Driving Truck Goes L.A. to Florida in Latest Journey
Embark's self-driving truck just completed a five-day, 2,400-mile journey across the U.S. Photo: Embark
">Autonomous vehicle technology company Embark has completed a 2,400-mile, coast-to-coast journey in one of its self-driving trucks.
The journey began in Los Angeles, with the truck traveling along Interstate 10, one of the country's busiest freight corridors. It ended five days later in Jacksonville, Florida. The company said the journey helps prove that mapping out long-distance trips is not a barrier for self-driving trucks.
Since last year, the San Francisco-based startup has been running its self-driving Class 8 trucks on routes between Los Angeles and El Paso, transporting products on a limited basis for the manufacturing company Electrolux. But this latest journey is much longer, a significant milestone for the company, which envisions future where autonomous trucks can increase efficiency by running long-haul routes 24 hours a day.
“When we announced our Los Angeles to El Paso route we promised that was the just first stage of a much larger expansion,” said Alex Rodrigues, Embark CEO. “The coast-to-coast demonstration we completed today is four times longer than our El Paso route, which was already the longest in the world.”
Currently, Embark's trucks have a professional driver in the cab as a safety measure, actively monitoring the road, supervising the system and ready to take over control when needed. Because the driver was constricted by hours-of-service rules, the trip took longer than it would have had it been able to run without those limitations.
Once Embark's tech is ready and cleared to run on its own, Embark expects the trip to take only two days in total, according to TechCrunch, which also reported that the truck went "hours at a time with no disengagements, and when they did occur they were usually only a few seconds," according to Embark CEO ...Read the rest of this story
Big budget deal in Senate hailed as ‘genuine breakthrough’
Senate leaders announced Wednesday they have sealed agreement on a two-year budget pact that would shower both the Pentagon and domestic programs with almost $300 billion above existing limits, giving ...
This Is When to Buy Bank of America Corporation Stock
The whole stock market has been under immense pressure, but Bank of America Corporation (NYSE:BAC) has actually been holding up pretty well. Meaning that, should Bank of America stock fall to $28 (or lower) my order would go through. Fortunately for longs (and unfortunately for me), BAC stock only fell to a low of $29.30 on Tuesday.
Blockchain CEO: Digital currency boom is direct opposite of the Internet bubble
Peter Smith, CEO of Blockchain, talks about the differences between the cryptocurrency boom and the Internet bubble of the late '90s.
This electric semi is trying to beat Tesla to market
Electric truck start-up Thor wants to beat Tesla to the market, and aims to have its vehicles in production in 2019.