Uber Scales Back Self-Driving Unit in Wake of Crash
*By Justin Chermol*
Uber is laying off more than 100 test drivers in its autonomous car division in Pittsburgh and San Francisco, replacing them with 55 highly-trained drivers known as "mission specialists".
It's an attempt by the ride-hailing company to prove it's serious about safety in its self-driving division after a fatal crash in Tempe, Ariz., last March.
But whether real progress has been made is another story.
"There's the public messaging and there is what is actually happening," said Mark Rechtin, Executive Editor at Motor Trend. "Uber is saying all the right things publicly, but the accident in Arizona has really set them back."
Uber initially suspended all testing of its autonomous driving program after a pedestrian was struck and killed on March 18, but restarted some tests earlier this month.
Former self-driving car operators are eligible to apply for the new roles, which must operate cars on both public roads and private tracks and are expected to give technical feedback to developers.
Rechtin is optimistic about the effort, but still raised concerns.
"We need to make sure whatever Uber does is something that is functional."
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Rivian, Costco, Nokia, Wyndham Hotels & Resorts, Choice Hotels and Rite Aid
Spirit Airlines canceled about 100 flights on Friday after pulling some planes out of service for inspections, and the airline expects the disruptions to last several days.
CVS Health is pulling from its shelves some cough-and-cold treatments that contain an ingredient that has been deemed ineffective by doctors and researchers.
It's almost that time of year - it's open enrollment season. Nate Black, vice president of health solutions product development with Voya Financial, joined Cheddar News to explain the critical decision-making needed when choosing the best coverage for you and your family.
Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.