*By Madison Alworth*
Roads in the Netherlands are the best-prepared for autonomous-driving vehicles, and the government there is encouraging innovators to develop driverless technology in the country.
According to a recent report by the auditing firm KPMG, policy, technology, infrastructure, and consumer acceptance in the Netherlands make it the best place to test this new form of transportation. (Singapore and the United States come next.) The Netherlands also has 4G internet across the entire country, a feature that will be key for autonomous driving infrastructure.
"It's very important to keep investing for us and keep our country an attractive location to invest in for foreign direct investors," said Daniel Klein Velderman, an official with the Netherlands Foreign Investment Agency.
He said Dutch lawmakers have passed legislation to make it easier for companies to develop autonomous driving technology. They passed measures making it legal to test autonomous vehicles on public roads in the Netherlands. And there is a bill in Parliament that would make it possible to test completely driverless vehicles.
Florien van der Windt, an official with the Dutch Ministry of Infrastructure and the Environment, said other measures are being prepared in anticipation of regulating new types of self-driving vehicles.
"A good thing we are working on now is a driver's license for cars," he said. "So not for yourself to drive, but for the car itself."
For full interview, [click here](https://cheddar.com/videos/netherlands-deemed-most-autonomous-vehicle-ready-country-in-the-world).
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
