Your Next Postmates Delivery May Not Come With a Driver
Ford has teamed up with gig-economy start-up Postmates to develop its autonomous vehicle technology.
Ford’s VP of autonomous vehicles and electrification told Cheddar he hopes to learn exactly how self-driving cars can be used.
“We’re going to learn how the different forms of things that are being delivered work with AVs,” Sherif Marakby said. “Maybe some things work perfectly with autonomous vehicles, maybe some things don’t.”
Postmates offers on-demand delivery from small businesses to area residents. The company says it operates in over 250 cities and makes about 2.5 deliveries per month.
Ford is one of several car makers looking to use self-driving cars as a service.
Volkswagen and Hyundai recently announced a partnership with Aurora, an autonomous technology start-up, to roll out self driving vehicles.
For full interview [click Here](https://cheddar.com/videos/fords-smart-vehicle-smart-world).
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
