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Rivian issues recall for R1T electric truck over faulty airbag sensors

Rivian is recalling some of its R1T electric pickup trucks over faulty airbag systems, according to a notice filed with the National Highway Traffic Safety Administration (NHTSA). The vehicle’s sensors in the front seat may not deactivate the airbag when a child occupies the front passenger seat, necessitating the recall. The recall covers 502 R1T …

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Stablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen

According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price of TerraUSD (UST) and Tether (USDT) below $ 1 would present a threat to the country’s financial stability. In a Thursday hearing of the House Financial Services Committee on the Financial Stability …

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FAA grounds pilots involved in failed pilot switch stunt

New documents shared first with CNN show the FAA has ordered stuntmen Luke Aikins and Andy Farrington to “surrender their pilot certificates immediately.” The FAA is also proposing a $ 4,932 fine against Aikins for “abandoning his pilot’s seat and operating an aircraft in a reckless manner.” Aikins and Farrington planned the April 24 plane …

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Matt Damon crypto commercial: How much you would have lost if you invested then

Remember when Matt Damon told you, “Fortune favors the brave”? Well, Twitter TWTR, -2.19% users do, and many of them are bringing up the viral Crypto.com ad, while prices for cryptocurrency like bitcoin BTCUSD, + 0.97% and ether ETHUSD, -4.61% are slumping, and crypto exchange platforms like Coinbase COIN, + 8.90% are losing billions in …

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Twitter to pause most hiring, executives fired ahead of Elon Musk’s arrival

Brad Greenspan, a founder of one of the earliest social networking sites Myspace, argues it would have been easier for Elon Musk to create his own ‘Twitter clone’ as opposed to purchasing the platform. Twitter will pause most hiring and backfills starting this week ahead of the closing of Tesla CEO Elon Musk’s $ 44 …

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Cars With Active Driving Assistance Tech Crash During AAA Test

Photo: Harold Cunningham (Getty Images) The long road towards autonomous vehicles just hit another speed bump. Despite lofty performance promises from carmakers seeking an autonomous future, recent testing from AAA revealed “inconsistent performance” with more basic active driving assistance (ADA) that resulted in vehicles crashing repeatedly into cars and a bicycles. Head-on collisions occurred during …

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Crypto investors panic amid digital coin, bitcoin crash

Crypto investors panicked on Thursday as bitcoin plummeted to its lowest price in more than a year and other cryptocurrencies endured even worse sell-offs. Victims of the bloodbath – which comes amid a broader stock market rout – range from the billionaire crypto titans who run leading marketplaces such as Coinbase and Binance to lowly …

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USPS trucks: House Oversight Committee opens investigation

Placeholder while article actions load A House committee has opened an investigation into the US Postal Service’s $ 11.3 billion plan to purchase mostly gas-powered mail-delivery trucks, ordering the mail agency to turn over confidential records on their environmental impact and costs. Rep. Carolyn B. Maloney (DN.Y.), who chairs the powerful House Oversight and Reform …

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Secretary of Commerce falsely represented record of solar tariffs before Senate – pv magazine USA

Appearing before a subcommittee meeting with the Senate, Secretary of Commerce Gina Raimondo addressed bipartisan concerns about an antidumping investigation launched by a petition from a small module manufacturer, Auxin Solar. The investigation could lead to tariffs on solar goods shipped from four Southeast Asian countries that supply about 80% of US polysilicon-based solar panels. …

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