Solid jobs gains shape Trump era for rates
The November jobs report shows 178,000 payroll gains and a 4.6 percent unemployment rate, the lowest since 2007, signaling a December Fed rate hike and a stronger economy for the Trump administration. Labor force participation fell as about 450,000 people left the labor market, underscoring ongoing recovery challenges.
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Ford CEO outlines mobility future at AutoMobility LA
In an LA Auto Show keynote, Ford CEO Mark Fields discusses electrification challenges and the shift to autonomous driving. He envisions a level four fully autonomous vehicle in service by 2021, aimed at ride sharing, with emphasis on cost, charging, and regulatory hurdles.
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Bendix backs $15 million Smart Mobility Corridor project
Bendix Commercial Vehicle Systems supports a $15 million central Ohio project to install high capacity fiber optic cable and sensors along a 35 mile stretch of U S Route 33 from Dublin to East Liberty. The corridor aims to advance vehicle safety and enable advanced driver assistance systems testing through 2017.
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