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
Class people. That could make taxes simp r simpler. But if youre used to itemizing things like medical expenses to bring taxable income down, that goes away. In the nursing home, they are going to be paying tax they are not paying. The changes could be particularly significant to your new jersey where taxes are higher and people are used to deducting their property and income tax. New Jersey Congress man doesnt mince words. If you have a home here, youre getting screwed. This is terrible. Reporter youre still able to deduct property taxes up to 10,000 but not income taxes. Bob pattersons office is in south jersey where 85 of his clients deduct state and local taxes. He will be trying to figure out how it affects them one client at a time. Democrats are slamming the plan saying its corporations and the wealthy who will benefit. This plan slashes the Corporate Tax rate by 15 and lieliminate the estate tax in six years. The question now is whether republicans will vote for it. One republi
Would have happened last night. Might be worth repeating that event was not permitted, do the right thing to make sure it was legal. But aside from that, do we know how the young man who crashed with the Police Officer in the video to was doing . You mentioned the Police Officer is recovering from some injuries, as well. Reporter yeah. That Police Officer were told is expected to be okay. He has some minor injuries. He is recovering at home. As for the young man who was injured in the video and the collision that you saw, we are told from some of his friends that he has badly damaged his ankle and knee but spent the day visiting with doctors. They are hoping he is able to return to the sport that he loves. More than a dozen wildfires burning in the state keeping firefighters busy battling all the flames. Here in the bay area, in the East Foothills of san jose, the lariat fire is now about 75 contained. A dark scorch mark you can see there blackened the side of the hill after flames bur
We will go to that conference once the mayor begins his remarks. Well hear from a number of ceos about how sandy has impacted their businesses. The heads of hartford financial and landry is among the top executives who will be joining us over the last few hours. How equity Index Futures are trading. Will cease trading in 15 minutes time. The dow and nasdaq pointing d n down. As for europe, the action dominated by Deutsche Bank and bp. We do see green arrows across the board with a 1 gain in germany. At least 16 deaths blamed on sandy as the storm continues to wreak havoc on the northeast with new york and new jersey dechaired major disasters. Overnight more than 200 patients have been evacuated from two nyu langone hospitals after backup power failed. Millions on the east coast awoke without power or mass transit. An estimated 7. 8 million are believed to be without power and experts say it could be several days before it is restored. Mass transit at a stand still after an unprecedente
We would like to think we have the right stuff on 12 today. From the 12 news studios in downtown phoenix. This is what is coming your way right here on 12 today. A home owners in buckeye are frustrated about water bills that keep on going up and up. Today, theyre hoping to get answers. Is now a time to panic . Well ask jay taylor. Andirrents and parents, are you guilty . How many admit to eating the kids candy. We would never do that. I hate snickers and 26 and all of that and twix, and all of that yummy good stuff. Welcome to 12 today. A lot of parents wondering, okay, what is the weather going to be like for trick or treaters toent . We have crystal and jimmy out hey, guys. I they there and lets start you off with the forecast here this morning. Its going to be pleasant in the 70s. A mild start and more sunshine than anything and the spooky clouds will be building throughout the day, right, jimmy . And looking spooky throughout the day. 86, we love that and for gob lings and ghouls,