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2019/05/21  00:26:00  spr2jnep    in News Headlines
Ford is cutting 7,000 white-collar jobs, or about 10% of its salaried staff worldwide, as part of a cost-cutting effort it says will save the company about $600 million a year. From a report: Ford says workers will begin to be notified of cuts starting Tuesday, and the terminations will be completed by the end of August. About 2,400 of the jobs cuts are in North America, and 1,500 of the positions will be eliminated through a voluntary buyout offer. The move is an effort to cut bureaucracy withi
2019/05/20  23:45:00  spr2hygd    in News Headlines
T-Mobile and Sprint submitted a new plan for their proposed $26 billion merger to the FCC -- including enhanced 5G buildout commitments and an agreement to spin off Sprint's Boost Mobile -- which got the nod from Federal Communications Commission Chairman Ajit Pai. From a report: T-Mobile and Sprint first announced their plans to merge in April 2018, looking to combine forces to take on the two industry leaders -- AT&T and Verizon. To clear regulatory hurdles, the companies have been for
2019/05/20  23:05:00  spr2shpt    in News Headlines
Huawei has finally gone on the record about a ban on its use of Android, but the company's long-term strategy on mobile still remains unclear. From a report: In an effort to appease its worried customer base, the embattled Chinese company said today that it will continue to provide security updates and after-sales support to its existing lineup of smartphones, but it's what the company didn't say that will spark concerns. Huawei was unable to make guarantees about whether existing customers will
2019/05/20  19:34:00  spr2wsbf    in News Headlines
Friday the Washington Post published an essay by Gregory Jaczko, who served on America's Nuclear Regulatory Commission from 2005 to 2009 and was its chairman from 2009 to 2012. He says he'd believed nuclear power was worth the reduction they produced in greenhouse emissions -- until Japan's 2011 nuclear meltdown at the Fukushima power plant. "Despite working in the industry for more than a decade, I now believe that nuclear power's benefits are no longer enough to risk the welfare of people
2019/05/20  16:34:00  spr5uutp    in News Headlines
CNBC reports: Tesla shares fell almost 8% on Friday to their lowest close since December 2016, after the National Transportation Safety Board said the company's Autopilot driver assistance system was engaged during a fatal crash in March... The accident was at least the third of its kind in the U.S. and raises concerns about Tesla's Autopilot technology. Thursday Elon Musk also told Tesla's employees that he and their CFO will now personally review all expenses going forward in a new "hardc
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