Verizon is ushering in the new era of connected vehicle solutions with its introduction of Verizon Connect, a brand built to improve driver safety and efficiency for customers. Andres Irlando, CEO of Verizon Connect, was with Cheddar to explain the opportunity Verizon sees in connected vehicles.
Verizon Connect combines three best-in-class fleet and mobile workforce management software companies to deliver solutions that help drive safety, productivity and efficiency for customers. The new brand will help customers optimize their connection to vehicles and mobile resources more generally, said Irlando.
FreshDirect is a customer of Verizon Connect. Irlando said the company uses their software platform to improve driver behavior. The food-delivery company is also able to track speeding, harsh braking, and seat belt use. FreshDirect uses Verizon Connect's solutions for cold chain integrity to make sure their food is kept at the appropriate temperatures.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
A study from US News and World Report has found the most affordable place to retire is in Ohio.
