An autonomous vehicle company acquired this year by Amazon has unveiled a four-person “robo-taxi," a compact, multidirectional vehicle designed for dense, urban environments.
The carriage-style interior of the vehicle produced by Zoox Inc. has two benches that face each other. There is no steering wheel. It measures just under 12 feet long, about a foot shorter than a standard Mini Cooper.
It is among the first vehicles with bidirectional capabilities and four-wheel steering, allowing for better maneuverability. It has a top speed of 75 miles per hour.
The vehicle is being tested in the company's base of Foster City, California, as well as Las Vegas and San Francisco, Zoox said Monday.
Zoox, based Foster City in Silicon Valley, was founded in 2014 and acquired by Amazon in June. It operates as an independent subsidiary at Amazon.
Verizon Wireless said it plans to raise the prices of some of its plans.
Food service workers in Las Vegas are set to take to the Strip Thursday as they demand higher pay and better benefits.
GM President Mark Reuss joined Cheddar News to discuss the company's new Cadillac Escalade electric vehicle and talked about how to make affordable EVs for the general public. "That's who we are as a company -- we will offer vehicles for everybody and every different income level," he said.
Lauren Fix, automotive expert with 'The Car Coach,' spoke with Cheddar News to provide tips and advantages on buying a used vehicle. "You let somebody else take the depreciation, which is probably one of the best things ... you then move in at a two- or three-year-old vehicle that maybe was leased, and you can get some great values," she said.
Disney said it's increasing prices for its ad-free streaming services as the company is losing subscribers and also announced it planned to crack down on password-sharing. Cheddar News' Michelle Castillo broke down Disney's moves.
Lawrence Sprung, a certified financial planner and author of 'Financial Planning Made Personal' shares advice about how to teach kids to use credit wisely.
Disney is cracking down on password sharing for Disney+ users.
Tapestry, the parent company of luxury handbag Coach and Kate Spade, agreed to buy Capri Holdings, the owner of fashion brands including Michael Kors, Versace and Jimmy Choo.
Disney reported a mixed performance in its latest quarterly results.
Inflation in the United States edged up in July after 12 straight months of declines.
