FCC clears path for 5G spectrum with wide airwave use
The FCC votes unanimously to authorize high frequency spectrum for mobile use and lays groundwork to auction large blocks while permitting flexible shared uses. Officials say 5G will be at least ten times faster than 4G, enable autonomous vehicles, smart devices, and remote services, with AT&T and Verizon planning trials next year.
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Tesla urged to end Autopilot driving claims
Consumer Reports pressed Tesla to disable automatic steering and drop the Autopilot name citing driver confusion. Tesla declined, noting Autopilot is in beta and drivers must stay attentive. The call follows a Florida fatal crash while Autopilot was engaged and ongoing federal probe.
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Wall Street hits new high on solid JPMorgan earnings
Solid earnings from JPMorgan Chase lifted markets to a fresh record as nine of ten S P 500 sectors rose and banks led with about 0.9 percent gains. Traders shifted from gold and Treasuries as yields rose, while some utilities fell despite steady dividends.
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