Top Financial Stories Thursday, September 2: GM''s Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..
Wall Street Journal GM’s Driverless-Car Unit Cruise Recalls Some Robotaxis Over Software Glitch General Motors (NYSE: GM ) driverless-car unit Cruise LLC recalled 80 robotaxis after a crash earlier this year resulted in minor injuries. Cruise’s recall follows a June 3 crash involving one of its driverless cars struck by an oncoming vehicle in a San Francisco intersection. The National Highway Traffic Safety Administration disclosed that the recall campaign concerned vehicles with older software that allows them to operate without a driver at the wheel. When those vehicles made an unprotected left turn, in some circumstances, that software might not have correctly predicted the direction of oncoming cars. Cruise used the software in 80 company-owned cars operated by Cruise in a robotaxi service in San Francisco that was not made available for sale. Washington Post Amazon Workers’ Unionization Gains Momentum Federal labor regulator National Labor Relations Board (NLRB) looks to quash Amazon.com Inc’s (NASDAQ: AMZN ) objections to a labor union’s historic victory at one of its New York warehouses.
Top Financial Stories Thursday, September 2: GM''s Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..
Wall Street Journal GM’s Driverless-Car Unit Cruise Recalls Some Robotaxis Over Software Glitch General Motors (NYSE: GM ) driverless-car unit Cruise LLC recalled 80 robotaxis after a crash earlier this year resulted in minor injuries. Cruise’s recall follows a June 3 crash involving one of its driverless cars struck by an oncoming vehicle in a San Francisco intersection. The National Highway Traffic Safety Administration disclosed that the recall campaign concerned vehicles with older software that allows them to operate without a driver at the wheel. When those vehicles made an unprotected left turn, in some circumstances, that software might not have correctly predicted the direction of oncoming cars. Cruise used the software in 80 company-owned cars operated by Cruise in a robotaxi service in San Francisco that was not made available for sale. Washington Post Amazon Workers’ Unionization Gains Momentum Federal labor regulator National Labor Relations Board (NLRB) looks to quash Amazon.com Inc’s (NASDAQ: AMZN ) objections to a labor union’s historic victory at one of its New York warehouses.