Pop Up flying car aims to ease Los Angeles traffic
Airbus and Italdesign teams unveil Pop Up a hybrid passenger capsule that can attach to a ground vehicle or an eight rotor air module. The concept would be operated via an app lift riders above congestion then return to a charging station. CEO Jorg Astalosch says it could integrate with future urban transit and Hyperloops. Elon Musk is noted as a related industry figure.
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Imrix
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Electric Vehicles Research
Jorg Astalosch
Elon Musk
Tesla Inc
Automakers push for flexible rules as Trump weighs fuel standards
At a Detroit area Fuel Economy conference executives urged maintaining efficiency tech while possible loosening of the Obama era rule looms. They cite billions invested in efficient vehicles and note global markets like China Europe and Japan push for higher mpg. Environmentalists warn of increased emissions and health risks.
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Gas Watch Southland fuel prices update in Los Angeles area
A brief report on regular unleaded fuel prices in the Southland, noting daily, weekly, and monthly changes. Prices show a one day decline of one cent, a one week decline of two cents, and a monthly rise of six cents. Verbal density suggests Inland Empire context.
Commodities Mixed as Oil Falls and Gold Silver Rise
Crude oil slipped three cents to 48.72 a barrel while gold gained 1.80 to 1228.90 an ounce and silver climbed eight cents to 17.41 an ounce. Market data show no change for the prior day and week.
IBM to hire 2000 US veterans over four years
IBM plans to hire 2000 U.S. veterans in the next four years as part of a broader expansion aimed at adding up to 25,000 new hires. The effort emphasizes "new collar" roles that do not necessarily require a four year degree.
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IBM
U.S
Wells Fargo to take months more to fix fake accounts fallout
Wells Fargo CEO Tim Sloan said the bank may need several more months to resolve damage from its sales practices scandal including whether fake accounts affected loan approvals. He noted declines in new accounts have stabilized and pledged to remediate affected customers as the scope remains complex. Meanwhile Wal-Mart agreed to acquire ModCloth in a deal likely in the same price band as prior online brand purchases.
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Associated Press
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