Ford debuts its new "smart vehicle, smart world" at CES in Las Vegas. Alyssa Julya Smith met up with Sherif Marakby, Vice President of Autonomous Vehicles & EV at Ford, to discuss when the company will be hitting the road with its self-driving cars.
Earlier this year Ford teamed up with Domino's to deliver pizza to Michigan customers in driverless cars. Marakby discusses what went into making that experiment a successful one. Everything from which side of the car the touchpad should be on, to whether or not to integrate voice.
Plus, what is the future of smart cities and what are the challenges? Marakby says the biggest challenge in autonomous driving is parking. Most cities don't have enough curb accommodations for a fleet of self-driving cars to succeed. He said that Ford will be testing a fleet of self-driving cars in a new city, to be announced later this year.
The U.S. Department of Agriculture is proposing a new rule to narrow what products qualify for a "Product of USA” or “Made in the USA” label. Now only meat, poultry and egg products from animals "born, raised, slaughtered, and processed in the United States" will make the grade.
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
