The race to make driverless car service a reality is revving up. Carmakers are ramping up investment in an array of technologies fundamental to autonomous vehicles. The industry poured more than $80 billion into self-driving technology recently, according to a tally by the Brookings Institution spanning August 2014-June 2017. It’s a full-fledged spending spree on everything from artificial intelligence software to sensors to computer chips.
“Every manufacturer in the world wants to be an early mover—or at least avoid competitive disadvantage,” notes the Brookings report. Investments by car companies, tech giants and venture capitalists will only accelerate. The whole industry is riding on more than a decade of development, steep price drops on sensors and other key hardware and breakthroughs in artificial intelligence software. Carmakers know they are also competing outside of their industry—against Apple, Google and China’s Baidu to name a few—on the technology front. Continue reading “The Driverless Car Race Shifts into High Gear”
As a follow-up to our recent webinar, “How to Communicate Like Warren Buffett,” here is the written transcript of the presentation by communications expert Morey Stettner.
Hello everyone and welcome to today’s presentation. Today we’re very pleased to invite Morey Stettner to our webinar. Morey is a management and communication expert. He’s the author of five business books, including The Art of Winning Conversation and Skills for New Managers. He’s written more than 2000 articles for Investor’s Business Daily and he has led training seminars on sales, customer service, employee motivation, and communications and listening skills. Morey, take it away. Continue reading “Transcript: How to Communicate Like Warren Buffett”
This past August, I checked in on supply levels for the three main heating fuels: Natural gas, heating oil and propane. The key takeaway: While shortages are unlikely, there’s less of all three fuels in storage this year than last year, which creates the potential for higher prices.
Now that the calendar says October and there’s a chill in the air across much of the country, what should energy users be expecting when it comes to prices and heating costs this winter? Continue reading “Budget More to Keep Warm This Winter”
It’s deja vu all over again for President Trump’s travel ban. This week, a federal court in Hawaii blocked the latest version of the president’s controversial executive order from going into effect, only seven months after the same court put a similar hold on Trump’s second travel ban.
Much has happened in those seven months. After multiple unfavorable lower level rulings, the second ban finally reached the Supreme Court this summer. But the justices ultimately declined to hear the case during the court’s fall session, arguing that the issue was moot since the order had already expired.
Continue reading “Trump’s Travel Ban: Third Time Not a Charm”
The nation’s opioid epidemic is not only making it very difficult for employers to fill job vacancies in a tight labor market, but it’s also costing them billions in health care costs and lost productivity. Unfortunately, there’s still much confusion among employers about these painkillers, how they affect worker safety and recovery and what to do about them.
In some parts of the country, up to one-third of job applicants are failing pre-employment drug screening. Industries that addiction hits hardest include construction, food service, entertainment, hospitality and transportation. Opioid misuse is linked to a 20% decline in workforce participation, despite the booming economy.
Continue reading “Employers’ Strategies for Opioid Abuse”
Apple’s new facial recognition technology will bring facial biometrics into the mainstream. The tech giant’s new $1,000 iPhone X will let users scan their face for added security when paying at the grocery store or signing into a bank account. The high-end phone is one of three new iPhone models, and the only version with facial recognition. But the top-tier iPhone X could end up netting one-third of all sales of the new iPhone fleet. That would put the new tech in the hands of 70 million or more users around the world within 12 months, barring severe shipping delays or supply shortages. Continue reading “Apple Brings Facial Recognition to the Masses”
President Trump’s latest move to stop certain Obamacare subsidies to insurers will add more instability to an already fragile marketplace. The president’s decision to cut off the cost-sharing subsidies is the latest in a series of actions aimed at undermining the law. Payments are expected to stop as of November. Estimates put the loss for insurers at about $1.2 billion this year and $7 billion in 2018. The move comes just as insurers are regaining profitability after years of losses. Continue reading “Another Blow to Obamacare by Trump”
On the campaign trail, candidate Donald Trump frequently vowed to “rip up” the Iran nuclear deal—a near-impossible promise to keep considering that the agreement is roughly the size of a large phonebook, making it physically the biggest multilateral treaty negotiated since World War II.
The hardline rhetoric remains, but Trump is unlikely to keep his word. The president still refers to the Joint Comprehensive Plan of Action, the official name of the document signed by the U.S., Iran, Britain, China, France, Germany and Russia that placed strict limits on Iran’s nuclear program for the next 10-15 years in exchange for sanctions relief, as “an embarrassment to the United States.” Continue reading “Trump To Poke Holes In Iran Deal, Not Rip It Up”
Warren Buffett is most famous for being one of the greatest investors of all time. What is less appreciated about the Oracle of Omaha is that he is also an extremely effective communicator, both as a speaker and as a writer.
In this hour-long webinar, communications consultant and author Morey Stettner breaks down Buffett’s style, analyzing what makes him so effective at getting his point across and convincing his audiences. Kiplinger Alerts members can access this special presentation at no cost by clicking on the link below. Continue reading “Learn to Communicate Like Warren Buffett”
Republican firebrand Roy Moore’s easy victory in this week’s Alabama Senate primary runoff against appointed Sen. Luther Strange sent a chill down the spine of the party establishment. And the takeaway for Capitol Hill Republicans was crystal clear: Deliver on key campaign promises, such as repealing Obamacare, or face swift intra-party ouster—no matter how much money or how many high-profile endorsements you’ve pocketed.
The controversial, former state Supreme Court chief justice’s victory was a rebuke of the GOP-controlled Congress and its inability to advance the party’s agenda since winning control of the White House and Congress. Despite endorsements from President Trump and Senate Majority Leader Mitch McConnell of Kentucky and receiving hefty campaign donations as a result, Strange could muster no better than a 9-percentage point loss. Continue reading “GOPer Roy Moore Is Trouble For Party Establishment”