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☆ Tesla recalls semi trucks for faulty parking brakes
  + stars: | 2023-03-31 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +2 min
CNN —Tesla has issued a recall for 35 of its new electric Semi trucks because the parking brake might not engage when applied by the driver. A Tesla Semi prototype seen durings its 2017 unveiling. PepsiCo also did not immediately respond to a request for information about its Tesla Semi truck fleet. There have been numerous reports of Tesla Semi trucks apparently breaking down on the road. Besides being fully electric, the Tesla Semi also has an unusual design in which the driver sits in the center of the cab rather on one side.
☆ United Airlines crew reported 'a possible fire' in a plane's engine, causing the aircraft to turn around, FAA says
  + stars: | 2023-03-30 | by ( Kate Duffy | ) www.businessinsider.com   time to read: +3 min
A United Airlines flight to Brazil returned to Texas after reports of a possible engine fire. The FAA told Insider the airline crew reported the incident during the flight. The aircraft returned to George Bush Intercontinental Airport and landed safely, the FAA said. Around two hours after takeoff, the site showed the plane circled back to George Bush Intercontinental Airport where it then landed. The FAA, George Bush Airport, and Houston's fire department didn't respond to Insider's request for comment.
☆ Senators unveil new rail safety bill in wake of toxic Ohio derailment
  + stars: | 2023-03-30 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +2 min
John Fetterman and Bob Casey of Pennsylvania and Sherrod Brown of Ohio – would build on provisions of the bipartisan Railway Safety Act. Brown and his fellow senator from Ohio, Republican J.D. Norfolk Southern CEO Alan Shaw endorsed parts of the bipartisan bill. The Feb. 3 derailment in East Palestine, Ohio, released toxic chemicals into the environment. Shaw said Norfolk Southern would continue to support cleanup efforts in the area.
☆ Rolex is discontinuing its $9,300 'mad scientist' Milgauss watch — and now some resellers are listing it for over $13,000
  + stars: | 2023-03-28 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +4 min
Rolex has quietly discontinued one of its professional watches, the magnetic field-resistant Milgauss. Bob's Watches CEO Paul Altieri told Insider he's holding off selling until prices find a new steady state. The original version was worn by the scientists at CERN, the European Organization for Nuclear Research, in Geneva, Rolex says. It even ranks near last place among the 16 Rolex models tracked on the site. Of course, Rolex could resurrect the Milgauss in a few years, but until it does, mad scientists will have to content themselves with a pre-owned model.
☆ The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
  + stars: | 2023-03-27 | by ( Bob Tita | ) www.wsj.com   time to read: 1 min
Large U.S. steelmakers are ramping up production of a hard-to-make, paper-thin steel to capture a fast-growing market for a material critical to powering electric vehicles. Cleveland-Cliffs Inc. and U.S. Steel Corp. are jockeying with a small group of foreign-based steelmakers that produce electrical steel, used to convert electricity into mechanical power for motors in products that include washing machines, air conditioners, power tools and more recently, electric vehicles.
☆ Explaining the relative calm of the stock market as the Fed hikes rates into a mini-financial panic
  + stars: | 2023-03-25 | by ( Michael Santoli | ) www.cnbc.com   time to read: +7 min
.SPX 1Y mountain S & P 500, 1-year So, are equities under-reacting to a badly contorted bond market, a potentially trapped Fed and faltering economy? This has allowed the S & P 500 excluding financials and real estate to outperform the headline index by a couple percentage points year to date. Microsoft alone has added some $240 billion in market value since that date, more than the entire market cap of the S & P 500 regional-banks sub sector. Only about 60% of the S & P 500 members are positive over the past six months even as the index is up 7.5%, a loss of internal energy. The flash S & P Global U.S. Composite PMI for March, reported Friday, was up to 53.3 from 50.1 the prior month and above the 49.5 forecast, a reading S & P says is consistent with around a 2% real GDP pace.
☆ Candida auris fungus spreading in U.S. hospitals - CDC
  + stars: | 2023-03-21 | by ( ) www.reuters.com   time to read: +2 min
FollowMarch 21 (Reuters) - Potentially deadly fungal infections with Candida auris are spreading rapidly in U.S. healthcare facilities, with cases nearly doubling between 2020 and 2021, the Centers for Disease Control and Prevention said. A high fever with chills that does not get better after taking antibiotics may be a sign of Candida auris infection. The CDC noted that spread of the infections in 2021 may have been exacerbated as the healthcare system was hit by pandemic-related stressors, such as staff and equipment shortages. Other countries have also reported increased spread of the fungus, the researchers said. Reporting by Leroy Leo in Bengaluru; editing by Caroline Humer, Nancy Lapid and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
☆ Deel Speed: The inside story of a $12 billion HR startup's breakneck growth
  + stars: | 2023-03-20 | by ( Rob Price | ) www.businessinsider.com   time to read: +32 min
Insider spoke with more than 30 current or former Deel workers about the HR company's extraordinary rise, and the unconventional tactics that made it possible. "I think if you talk to anyone, they would say that Alex is the face but all decisions run through Phillipe," one former Deel worker told Insider. "They lose every employment and labor protection," Valerio De Stefano, a professor at Osgoode Hall Law School, said of independent contractors. Alex Bouaziz, Deel on Centre Stage during day two of Collision 2022 at Enercare Centre in Toronto, Canada. The company didn't have an internal human-resources team until sometime in 2021, by which point it had grown to hundreds of people.
☆ Last Dodge Challenger makes 1,010 hp, has optional parachute
  + stars: | 2023-03-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +7 min
The unveiling of the 1,025 horsepower Dodge Challenger SRT Demon 170 has been long anticipated, and long delayed. Dodge had originally expected to just modify the Dodge Challenger Demon engine, which is capable of producing up to 840 horsepower. The 2023 Dodge Challenger SRT Demon 170 can reach 60 miles per hour in under two seconds. StellantisIntroduced in 2008, the modern Dodge Challenger shares much of its engineering with the four-door Dodge Charger and Chrysler 300 sedans. Options for the 2023 Dodge Challenger SRT Demon 170 include a Direct Connection Parachute Mounting System.
☆ Meet Laxman Narasimhan, a coffee industry outsider who just took over as CEO of Starbucks
  + stars: | 2023-03-20 | by ( Avery Hartmans | Nancy Luna | ) www.businessinsider.com   time to read: +6 min
Laxman Narasimhan officially took over as Starbucks CEO, replacing Howard Schultz. Narasimhan is new to the coffee industry, having started his career in the consulting world before joining PepsiCo, and, later, British consumer goods company Reckitt Benckiser. Narasimhan built his career in the beverage and consumer-goods industriesLaxman Narasimhan at Starbucks Investor Day in September 2022. Starbucks said at the time that Narasimhan would begin as CEO on April 1, taking over for interim CEO Schultz. Of the 365 Starbucks stores that have held votes to unionize, 292 have voted to form a union.
☆ He Started His Car Blog as a Hobby. Now It’s a $1 Billion Marketplace.
  + stars: | 2023-03-16 | by ( Randy Nonnenberg | Bring A Trailer Founder | Ben Cohen | ) www.wsj.com   time to read: 1 min
After graduating from Stanford University in 2000 with a degree in mechanical engineering, he worked at BMW by day and went treasure hunting at night, sifting through online car listings to discover hidden gems. He was so fanatical that Gentry Underwood, an entrepreneur and his college friend, suggested that he turn his private recommendations public. They founded a blog in 2007 as an excuse to hang out more.
☆ China's economic activity uneven in Jan-Feb after COVID reopening
  + stars: | 2023-03-15 | by ( Ellen Zhang | Kevin Yao | ) www.reuters.com   time to read: +3 min
REUTERS/Tingshu WangProperty investment in the January-February period fell again as home buyers and developers remained cautious despite a slew of supportive government policies. The reading accelerated from a 1.3% annual rise in December. The mixed data portrayed an uneven recovery in economic activity following China’s abrupt abandonment late last year of its three-year-long campaign to control COVID-19. Within January-February fixed-asset investment, infrastructure investment surged 9.0% from a year before. China has set a modest annual growth target of around 5% this year after significantly missing its target for 2022 and recording one of its worst showings in nearly half a century.
☆ One of the youngest people in the world to 3D print a house became a CTO at 22. Here's how she did it.
  + stars: | 2023-03-15 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +4 min
Kristen Henry is the 24-year-old chief technology officer of 3D printed home company Sq4d. Falling for 3D printingIn her second semester, Henry found her calling in a 3D printing class called See It, Change It, Make It. A 3D print of Yale's campus that Henry made in her first 3D printing class. Henry went on to design a small-scale concrete 3D printer with a colleague for her senior year design project. Compared with traditional building methods, "3D printed houses are fireproof and waterproof and much stronger."
☆ Norfolk Southern reaches new paid sick leave deal as it contends with derailment fallout
  + stars: | 2023-03-15 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +2 min
Norfolk Southern said Wednesday it agreed to provide up to seven paid sick days per years for members of the International Brotherhood of Boilermakers and Blacksmiths. The deal provides Norfolk Southern's mechanical railroaders with four paid sick days per year, in addition to three existing days of paid time off that can now be used as sick days. The IBBB is now the ninth of Norfolk Southern's 12 unions that have negotiated paid sick days, benefitting about 6,000 workers. The move comes after months of fighting between unions and railraods – including Norfolk Southern, Union Pacific and BNSF – over paid sick leave. The legislation, however, did not include paid sick leave.
☆ U.S. Copyright Office says some AI-assisted works may be copyrighted
  + stars: | 2023-03-15 | by ( Blake Brittain | Thomson Reuters | Blake Brittain Reports On Intellectual Property Law | ) www.reuters.com   time to read: +2 min
Copyright Office issued new guidance on Wednesday to clarify when artistic works created with the help of artificial intelligence are copyright eligible. "The answer will depend on the circumstances, particularly how the AI tool operates and how it was used to create the final work," the office said. Generative AI systems like Midjourney, ChatGPT and DALL-E, which create text and images in response to human instructions, have recently skyrocketed in popularity. The office reiterated Wednesday that copyright protection depends on the amount of human creativity involved, and that the most popular AI systems likely do not create copyrightable work. The office also said that copyright applicants must disclose when their work includes AI-created material, and that previously filed applications that do not disclose AI's role must be corrected.
☆ France is already sending one armored 'oddity' to Ukraine. Now it might send a slightly odder one.
  + stars: | 2023-03-13 | by ( Michael Peck | ) www.businessinsider.com   time to read: +5 min
France is reportedly considering sending AMX-10P amphibious infantry fighting vehicles to Ukraine. France has already sent its AMX-10RC armored vehicle to Ukraine, among other military hardware. Troops exit an AMX-10P armored vehicle in France KEYSTONE-FRANCE/Gamma-Rapho via Getty ImagesAbout 2,000 AMX-10Ps were manufactured between 1973 and 1985. It is also relatively easy to learn and operate, Péria-Peigné said, describing it as "simpler than most modern" infantry fighting vehicles. As Ukraine struggles to assimilate a plethora of Western arms quickly, an old but simple armored vehicle may be good enough.
☆ New data shows car thefts are on the rise — here's how auto insurance can help
  + stars: | 2023-03-12 | by ( Elizabeth Gravier | Jason Stauffer | ) www.cnbc.com   time to read: +9 min
The NICB recommends drivers check to make sure their car insurance policy is up to date, but don't assume that your policy will cover your stolen car. You'll need comprehensive coverage to cover theftWith the exception of New Hampshire and Virginia, every state requires you to have a car insurance policy to drive. One of CNBC Select's top picks, Farmers Insurance, makes coverage cheaper with 22 discounts on car insurance. Take steps to prevent auto theftEven if you do have comprehensive coverage, having your car stolen isn't ideal. While you can take steps to prevent car theft, you'll need to have comprehensive coverage if you want theft to be covered.
☆ Here’s How to Solve a 25-Story Rubik’s Cube
  + stars: | 2023-03-11 | by ( Emily Badger | Larry Buchanan | In Their Reporting | ) www.nytimes.com   time to read: +21 min
So You Want to Turn an Office Building Into a Home? There’s an appealing simplicity to the idea of converting office buildings into housing. Basically, they did this:How to Turn a 26-story Office Building Into a 30-story Apartment Building Cut a hole through 23 floors of the building. How to Turn a 26-story Office Building Into a 30-story Apartment Building Cut a hole through 23 floors of the building. That could change with tax abatements and subsidy programs, or if outdated office buildings lose so much value that the cost of acquiring them plummets.
☆ DeSantis first-week memoir sales far outpace books by Trump, Pence, Clinton and Obama
  + stars: | 2023-03-10 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +4 min
DeSantis' book sales also appeared to far outpace recently published memoirs by a handful of other Republicans who have either launched 2024 presidential campaigns or are considering it, according to BookScan. Former Vice President Mike Pence's "So Help Me God," released last November, sold 37,600 print copies in week one. Of course, book sales alone don't guarantee a politician's future success. Former Democratic presidential nominee Hillary Clinton sold 86,200 print copies of her 2014 book "Hard Choices" in the first week, BookScan data showed. On Friday, DeSantis' book was listed No.
☆ Nord Stream mystery: the tanker Minerva Julie spent 7 days idling near the attack site
  + stars: | 2023-03-10 | by ( Mattathias Schwartz | ) www.businessinsider.com   time to read: +8 min
Days before the explosions, a tanker called the Minerva Julie was drifting nearby in the Baltic Sea. He discovered that the Minerva Julie, a 600-foot Greek-flagged tanker, was headed east from Rotterdam when, on September 6, it came to an abrupt stop in the middle of the Baltic Sea. From September 6 through September 13, the Minerva Julie drifted near the site of the September 26 explosions, AIS data show. The Minerva Julie stayed there, alternately idling and crossing a roughly 200-square-nautical-mile area above the two natural-gas pipelines, for seven days, from September 6 until September 12. The Minerva Julie, a 600-foot oil and chemical tanker, near the port of Rotterdam in 2020.
☆ There's a big Girl Scouts cookie shortage, and the group is frustrated with its main baker
  + stars: | 2023-03-09 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +2 min
This is the way the Girl Scout cookie crumbles. The inventory woes have caused a shortage of some cookie flavors that have sent Girl Scout cookie resale prices skyrocketing. Boxes of Girl Scout cookies typically go for $5 a pop. "We are extremely disappointed that LBB is again having challenges with managing their production," a Girl Scouts spokesperson told CNBC. The other 25% of Girl Scout councils are supplied by ABC Bakers, a smaller baking company that the Girl Scouts say has not had the same production issues as LBB.
☆ Frontier countries to suffer most if Fed rate gets to 6% - analysts
  + stars: | 2023-03-09 | by ( Rodrigo Campos | ) www.reuters.com   time to read: +5 min
"This mix is generally a net negative for emerging markets." A recent Barclays analysis showed a 50 basis point Fed rate hike would increase interest rate volatility, which "would be more destabilizing initially, as it typically comes with EM FX underperformance, which could trigger a further leg up in EM rates." Analysts at JPMorgan expect the dollar to weaken once the terminal rate stabilizes, but a 50-basis point Fed hike "would be a regime-shift in favor of outsized USD-strength." A 6% Fed rate environment alongside still-hot inflation does make short-term rates in Chile and India as well as Poland, the Czech Republic and Hungary most vulnerable, UBS found. Chinese equities could provide a safe haven in a 6% fed funds rate scenario, UBS said.
☆ A German company is offering Ukraine the benefit — and burden — of being the first military to get its brand-new tank
  + stars: | 2023-03-09 | by ( Michael Peck | ) www.businessinsider.com   time to read: +6 min
Prominent German defense firm Rheinmetall is offering Ukraine its new Panther Kf51 tank. Rheinmetall DefenceRheinmetall is reportedly negotiating with Ukraine to build a tank factory there, though it's not clear whether it would produce the Panther or the older Leopard 2 tank. The Kf51 Panther is a new tank with some old features. A German Leopard 2 tank in Munster in May 2019. Like the next-generation Abrams tank, the Panther's turret can be unmanned, with its crew operating the vehicle behind the thicker armor of the tank's hull.
☆ Need a nanny? Chinese school trains women to take care of newborns
  + stars: | 2023-03-08 | by ( Casey Hall | ) www.reuters.com   time to read: +3 min
Confinement care is not new in China, where the practice of one month confinement post-birth, which traditionally included strict rules around bathing, hair washing and teeth brushing for mothers, has long been the norm. What is different today is the professionalism and expectations of those doing the caring, says Jiang Lei, a teacher at the centre. "We need professionals to do professional things for professional people," Jiang added, explaining that the centre teaches "scientific feeding knowledge, sleep cultivation and other knowledge such as early childhood education". The experience of caring for her own child made the idea of a career in childcare attractive, she said. ($1 = 6.9045 Chinese yuan renminbi)Reporting by Casey Hall; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
☆ The biggest problem with Russia's tanks in Ukraine is the way Moscow tried to use them
  + stars: | 2023-03-07 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com   time to read: +21 min
By September, the tally of lost and captured Russian tanks reached 1,000 — more than all the tanks in the British, French, German, and Finnish militaries combined. The first time these British tanks found a fight, only 25 of the 49 of them actually moved when ordered to commence the attack. Nonetheless, before the conflict was over, Churchill himself would decide tanks had, once again, run their course, declaring, "we have too much armor — tanks are finished." And that is the real lesson we can glean from the performance of Russian tanks in Ukraine over the past year. Maxim Shemetov/ReutersThis point becomes evident when you look at Russian tank losses recorded by the Oryx Blog between February and April 2022, when Russian tank losses were at their absolute worst.
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