Senator Gary Peters (D-MI) spoke with Cheddar about sexual assault allegations against his Democratic colleague Senator Al Franken. He said he supports and investigation by the Ethics Committee into the incident.
Moments after the House Republicans passed its version of a tax reform bill, the Michigan Senator gave us his thoughts on the plan. He worries about the debt younger generations will inherit if the House or Senate versions of the bill make it to President Trump's desk.
Senator Peters also believes the autonomous vehicles will cause a technology revolution, similar to the assembly line. He is working on legislation to advance testing and development of self-driving car.
Google's demo of the A.I powered Duplex voice assistant stunned the world in how it interacted with a real human. But now evidence suggests it may be fake.
Stocks kick off the week with a rally after Treasury Secretary Steven Mnuchin said the prospect of a trade war was "on hold" following an agreement to suspend tariff threats. Tesla CEO Elon Musk unveils details of the souped-up Model 3. President Trump is going after the FBI. Fortnite is launching on Android phones this summer.
Elon Musk said that offering the $78,000 high-performance version of the Tesla Model 3, equipped with faster acceleration and longer battery range, before the base version was actually ready, would help the electric carmaker meet demand. Tesla has struggled to hit production targets for the mass-market Model 3, advertised as a $35,000 car, but with an actual price closer to $50,000.
Schmidt's Naturals is allowing consumers to buy its deodorants online using Bitcoin, the first Unilever brand to dip its toes into cryptocurrency. So far, up to 10 percent of sales online were made in Bitcoin, says Michael Cammarata, a co-founder and the chief executive of Schmidt's Naturals.
Uber's recently released national TV ad, featuring its new CEO Dara Khosrowshahi, attempts to hit refresh for a company that has been hit by years of negative coverage. Meanwhile Facebook's new ad is more reactive to the recent Cambridge Analytica crisis, says Jon Swartz, a senior reporter at Barron's.
The hedge fund is investing $500 million in blockchain technology, focusing on converting traditional paper equity into tokens, a move that could help regulators, says Anthony Pompliano, a partner at Morgan Creek Blockchain Capital.
A deadly school shooting in Texas, and Elon Musk's plans for LA traffic. Plus the CIA gets its first female director, a one-time, online-only bedding store goes brick-and-mortar, and we get ready for the Royal Wedding.
Musk, the head of Tesla and SpaceX, shared details Thursday of his Boring Co.'s plans to help alleviate Los Angeles's notorious traffic problem. He said an underground tunnel would shuttle "pods" of up to 16 people at a time at speeds of 150 miles an hour for just $1 per ride. But the plan faces resistance from some residents who want a full environmental review.
The online learning platform had its Nasdaq debut Thursday, when the stock opened at $20, or 33 percent above its IPO price. Enthusiasm for the online education platform is driven by a rapidly increasing skills gap in the job market, which Pluralsight aims to narrow, says the company's CEO Aaron Skonnard.
After all Senate Democrats voted in favor of keeping the internet open and fair, the party is using this opportunity to paint itself as a champion of the consumer going into the midterm elections later this year, says Ross Rubin, principal analyst at Reticle Research.
