Cspan. Org, or on our free radio app. Next, we take you to the washington, d. C. Convention center where the senate commerce, science and Transportation Committee held a field hearing today. They looked at emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to en
Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automated vehicles offer perhaps the largest potential gains in all these areas. More than 37,000 people lost their lives on u. S. Roads, a troubling increase from the year before. Many crashes were the result of human error. Asleephich cannot fall or become distracted, could potentially save thousands of lives every year. May spur economic activity. The wide adoption will spur a new passenger economy worth 7 trillion over the next few decades. To they will pro
Low humidity, temperatures close to where they should be in the low and mid80s, a decent amount of some, especially for the city points west for those of you east of the city, especially for the twin forks, more clouds and slight chance for showers across long island, not a wash out, for the better half of the weekend. 70 in the city, only 53 to start your day in sparta. And in your satellite and radar picture, we have lots of sunshine soon going to be impacting many of us but for the east end of long island the clouds will remain relatively thick today with breaks of sun of course and a few showers possible. So the breakdown of your day. 9 a. M. , 74. Feeling like 74. That thermometer will be exactly what it feels like, 85, feels like 85 at 3 00 this afternoon we have mostly sunny skies 83 at 6 00, then as we head towards 9 00, 77 with a few more clouds building in to the region again dont forget slight chance of showers. Your full forecast is coming up. Diane and andrea back to you.
Still unknown. Were at the very early stages of this investigation, are working who establish his motive for coming here, if he had an intended target beyond the Security Office what the motive was behind the crime. Detectives say Kevin Downing a former economist was fired from the federal bureau after labor statistics four years ago, cbs 2 learned troubling lawsuits and other documents show he thought he was fired for retaliation because he blew the whistle on alleged corruption and public waste. Ever express concerns or having problems . Never, really honestly. Real estate listings show downing bought the home in 1987 put it on the market several times over the years a home thats now the focus of a federal investigation. Downings neighbors say he got hit by a car about a year ago was out of work for at least six months. Some question if financial problems led to this, but investigators dont have answers. Live in fort lee new jersey, cbs 2 news. All right thanks, were learning more th
Its a good time for the grea taste of mcdonalds not really. Shares of the golden arches had their worst week of the year you wont believe where some options traders see it going the action begins right now. All right lets get to it because while stocks made new highs, quietly teslas shares are on fire, surging 10 this week for its best weekly gains since july of 2016 tesla is now up more than 75 this year. So is it time to pump the brakes or will it rev even faster lets get in the money mike, what do you think . Okay. So lets start with a full disclosure there was a period when i actually said it would be better to buy the car than the stock. That was a big mistake had you bought the stock, you could have then taken some of your profits and bought the car and still had as much left in stock. This was a situation with big Short Interest, theres a great deal of enthusiasm for the company. Every single time they make an announcement its basically buy the stock on the promise that offers w