Tesla’s auto-pilot program may be flawed
Consumer Reports is urging Tesla to disable its automatic steering function in its model S cars’ autopilot driving-assist system. The system is under scrutiny by the government and others due to a series of crashes.
The magazine wants Tesla to update the function to confirm that a driver’s hands remain on the steering wheel at all times and to change the name of the autopilot feature so people don’t think the vehicle can drive on its own.
Tesla says it is working on the safety of its products and base their decisions on real world data not on recommendations by the media.
BP’s bill for the largest oil spill in U.S. history is now 61 billion dollars. On April 20, 2010 the Deepwater Horizon had a blowout underwater, killing 11 crew members and pouring 3 million barrels of oil into the Gulf of Mexico.
The 61 billion includes payments to many people, including shrimp fishermen on the Louisiana coast, motels in Mississippi, school districts in Florida and the Environmental Protection Agency.
Stocks soared higher Thursday, pushing further into record territory.
The Dow was up 134 points at the closing bell.
McDonald’s has started blocking pornography access on its free wifi.
The internet safety group “Enough Is Enough” says its adopted a new filtered wifi policy that prevent guests from viewing pornography on their phones, tablets, and laptops while visiting the company’s corporate-owned restaurants.
McDonald’s move puts it in line with other fast and fast casual restaurants including Chick-Fil-A and Panera Bread.
And low rates appear here to stay.
Freddie Mac revised its outlook for mortgage rates. The government-backed mortgage-backer now predicts the 30-year rate won’t move above 3.6 percent this year and will be about 4 percent in 2017. Previously, it had said rates would reach 4.5 percent by the year’s end.
For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.