Banks may find that the next phase of payments competition is less about adding new rails and more about making all rails feel like one smooth system. Drawing on the Global Payments Tracker Series report, “Moving Money Forward: The Power of Payment Hubs,” the story is not just that customers want faster payments. It is that fragmented payment infrastructure is now directly shaping who keeps those customers and who risks losing them. The report argues that payment hubs are becoming a practical answer to that pressure. A payment hub brings multiple payment types into one unified platform, helping banks route transactions more intelligently and give customers a more consistent experience across ACH, wires, debit and real-time rails. That matters because payment experience is now closely tied to customer loyalty. Pressure From Digital First Competition Banks are under growing pressure from digital-first competitors that have trained consumers and businesses to expect speed, transparency and simplicity. Payment hubs, in that context, are presented not just as an IT upgrade but as a way for banks to modernize service, reduce internal friction and compete more effectively. - 57% of organizations experience friction in payment processing at least once a week, a sign that payment pain points remain common and frequent. - 60% of banks have implemented payment hubs or are in the process of doing so, suggesting this is moving from early adoption to a more mainstream modernization track. - $98.5 million is the average annual loss businesses face due to disruptions and inefficiencies in money movement, underscoring how payment modernization affects costs as much as customer experience. What stands out beyond those headline figures is how broadly the report defines the value of a payment hub. The customer-facing case is straightforward. Faster transactions, instant confirmations and clearer information on timing and fees
Apr 7, 2026 · via pymnts.com
April 07, 2026 10:00 AM EDT
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GM preps new Buick sedan alongside redesigned Cadillac CT5, Chevrolet Camaro, source says
General Motors has begun requesting parts quotes for a new Buick sedan to be built in Michigan, a supplier said. Buick has offered only crossovers in North America since ending Regal production in 2020.
Apr 7, 2026 · via autonews.com
User taxes don’t function properly when some users are able to avoid the tax. Fuel taxes and vehicle fees are two major sources of revenue for Nevada’s State Highway Fund. This makes sense. Officials use the State Highway Fund to build and maintain roads for vehicles. ADVERTISEMENT Nevada Department of Transportation Director Tracy Larkin Thomason recently provided the Joint Interim Standing Committee on Growth and Infrastructure an overview of transportation funding . Larkin Thomason said her department needs between $1.6 billion to $2 billion annually over the next decade. That’s a big number, and, unsurprisingly, NDOT is worried about hitting it. It’s the rare government agency that will ever say it’s well-funded. But, in this case, it’s understandable. Construction costs are through the roof, and new vehicles are generally more fuel efficient. Electric vehicles avoid the gasoline tax entirely. “The fast adoption of electric and hybrid vehicles in the past several years is expected to increase and resume the dip on our fuel tax revenues,” Larkin Thomason told the committee. NDOT says that the State Highway Fund currently receives about 0.9 cents per mile driven. NDOT projects it could receive only around 0.3 cents per mile driven by 2050. That’s a major decrease. If the government takes its thumb off the scale, EVs may not continue to grow in popularity. But there remains a glaring problem. The gasoline tax is supposed to ensure that all road users pay for road construction. EVs are freeloading. “Essentially, our choices to meet this are to find ways to increase the amount of revenue that’s going into the Highway Fund or that is dedicated to transportation, increase some of the other fees that are dedicated to transportation or increase General Fund revenue for some of these purposes,” Assemblyman Howard Watts said at the meeting.
Apr 7, 2026 · via grandforksherald.com
Parsons Corporation has been awarded a 10-year contract by the Utah Department of Transportation (UDOT) to develop, implement and maintain a statewide vehicle-to-everything (V2X) maintenance and management system. The agreement, which represents a new customer relationship for Parsons, will see the company deploy its iNET software platform across Utah’s connected vehicle infrastructure.
The cloud-based system will provide UDOT with real-time health monitoring, performance analytics and operational data to support the management and scaling of V2X devices statewide. Parsons describes the deployment as an extension of its existing advanced traffic management work and part of a broader portfolio of V2X ecosystem management solutions.
In a statement, Mark Fialkowski, President of Infrastructure North America at Parsons, said: “We look forward to leveraging our proven track record in implementing iNET-based advanced traffic management solutions to help improve connectivity in collaboration with UDOT. The statewide deployment of our iNET V2X platform demonstrates our technical maturity and continued investment in innovative, scalable solutions that empower agencies to operate safer and more efficient transportation networks.”
The contract is intended to help UDOT modernise its infrastructure and prepare for connected and automated mobility at scale.
Source: Parsons
Apr 7, 2026 · via automotiveworld.com
Over-the-Air Computation Uses Radio Interference to Crunch Data Sensor networks could improve capacity faster than they grow Chad Hagen Picture a highway with networked autonomous cars driving along it. On a serene, cloudless day, these cars need only exchange thimblefuls of data with one another. Now picture the same stretch in a sudden snow squall: The cars rapidly need to share vast amounts of essential new data about slippery roads, emergency braking, and changing conditions. These two very different scenarios involve vehicle networks with very different computational loads. Eavesdropping on network traffic using a ham radio, you wouldn’t hear much static on the line on a clear, calm day. On the other hand, sudden whiteout conditions on a wintry day would sound like a cacophony of sensor readings and network chatter. Normally this cacophony would mean two simultaneous problems: congested communications and a rising demand for computing power to handle all the data. But what if the network itself could expand its processing capabilities with every rising decibel of chatter and with every sensor’s chirp? Traditional wireless networks treat communication as separate from computation. First you move data, then you process it. However, an emerging new paradigm called over-the-air computation (OAC) could fundamentally change the game. First proposed in 2005 and recently developed and prototyped by a number of teams around the world, including ours, OAC combines communication and computation into a single framework. This means that an OAC sensor network—whether shared among autonomous vehicles, Internet-of-Things sensors, smart-home devices, or smart-city infrastructure—can carry some of the network’s computing burden as conditions demand. The idea takes advantage of a basic physical fact of electromagnetic radiation: When multiple devices transmit simultaneously, their wireless signals naturally combine in the air. Normally, such cross talk is seen as interference, which radios are designed to
Apr 7, 2026 · via spectrum.ieee.org
LISLE, Ill. — For service industry business owners and operations managers responsible for field employees and company vehicles, the stakes have never been higher when it comes to driver safety. The following numbers are the reasons why: - Distracted driving costs U.S. employers an estimated $18.8 billion annually. - The average on-the-job crash costs employers $16,500 and jumps to $74,000 the moment someone gets hurt. (OSHA) - Nuclear verdicts against employers reached $31.3 billion last year, up 116% in a single year. At the center of most of those incidents: a mobile phone. TRUCE Software announced the availability of its connected employee and driver safety platform modules that together deliver a comprehensive approach to managing mobile devices, driver behavior, performance, vehicle health, and field team safety. At the center of that platform is ENFORCE, TRUCE's patented engineering control that automatically eliminates device distraction behind the wheel, every trip, without relying on drivers to do the right thing. ENFORCE is Proactive, Proven Control. Unlike driver training programs, awareness campaigns, or monitoring tools that document behavior after the fact, TRUCE said ENFORCE is a proven prevention control. When a vehicle reaches driving speed, ENFORCE automatically restricts access to distracting apps, calls, texts, and notifications. The program operates seamlessly in the background on both iOS and Android devices, including company-issued and BYOD, and restores full device functionality as soon as the vehicle stops. In 2025, TRUCE intercepted more than 97 million unauthorized app attempts and blocked over 35 million incoming notifications before they reached drivers’ devices. Companies deploying ENFORCE have reported accident reductions of 40 to 47 percent within the first year, along with decreases in accident-related costs of up to 86 percent. And when it comes to return on investment (ROI), a Forrester Consulting study commissioned by TRUCE found that organizations using
Apr 7, 2026 · via pctonline.com
- IONIQ 5 SE named Best Value EV and Palisade SE earned Best Value Midsize SUV - Veteran editorial team from leading automotive marketplace names its favorite value vehicles for 2026 - Kona SE and Elantra SE named finalists in Best Value New Cars list FOUNTAIN VALLEY, Calif., April 7, 2026 /PRNewswire/ -- The Hyundai IONIQ 5 and Palisade SE trim models have received the 2026 Best Value New Car award by Cars.com. The IONIQ 5 SE was recognized as the Best Value EV, while the Palisade SE earned the title of Best Value Midsize SUV. These honors emphasize affordable, non-luxury, mass-market vehicles that offer essential features, including automatic transmission, Apple CarPlay® and Android Auto™, blind spot monitoring, forward collision warning with automatic emergency braking and pedestrian detection, brake assist, and lane departure warning. Cars.com based these selections on consumer survey results and editorial judgment. For 2026, Cars.com also recognized Hyundai's Kona SE and Elantra SE as finalists in the Best Value Subcompact SUV and Best Value Compact Car categories. The Best Value New Cars of 2026 by Cars.com list acknowledges exceptional vehicles in quality, innovation, and value as judged by Cars.com's editorial team of car reviewers. The EPA's annual fuel costs are also factored into the rankings for gas-powered vehicles. "Winning the Best Value EV and Best Value Midsize SUV awards highlights our commitment to offering customers the features they want at competitive prices," said Ricky Lao, director, product planning, Hyundai Motor North America. "Hyundai delivers design, technology, efficiency, and value for buyers in today's market." The IONIQ 5 SE continues to lead its segment, distinguished by its innovative design, strong performance, rapid charging capabilities, and practical usability. Buyers may select either rear-wheel or all-wheel drive configurations, with real-world functionality enhanced by ultra-fast DC charging, reliable driving range, and
Apr 7, 2026 · via prnewswire.com
Truce Software has made six integrated modules fully available, which are a connected employee and driver safety platform. At the center of that platform is Enforce, Truce's patented engineering control that aims to automatically eliminate device distraction behind the wheel without relying on drivers to do the right thing. When a vehicle reaches driving speed, Enforce automatically restricts access to distracting apps, calls, texts and notifications. There is no opt-in, no override and no reliance on employee discipline. Enforce operates in the background on both iOS and Android devices, including company-issued and BYOD, and restores full device functionality as soon as the vehicle stops. Truce's modular platform includes Enforce, and: - Empower - Drivers have real-time access to their personal driving scores, skills progression, and team rankings, turning safety and performance data into individual accountability and self-directed improvement. - Engage - Delivers personalized, in-app coaching workflows that automatically connect supervisors and drivers around scored events, creating a continuous feedback loop that drives measurable behavior change at scale. - Engage Plus - Automatically detects when driving ends and field work begins, extending real-time location visibility, workforce communication, and incident escalation to the jobsite for full-workday duty-of-care coverage. - Defend - Combines road-facing and driver-facing AI dashcams with real-time in-cab alerts, voice-activated capture, and verified incident evidence to protect drivers, accelerate claims resolution, and reduce liability exposure. - Maintain - Monitors vehicle diagnostics, fault codes, and location data in real time through connected vehicle telematics, shifting fleet operations from reactive repairs to proactive asset management that reduces downtime and extends vehicle life Each module is available independently or as part of a fully integrated platform. "15 years of Truce data shows drivers face a device distraction opportunity once every 10 miles behind the wheel," says David Coleman, head of commercial solutions at
Apr 7, 2026 · via lawnandlandscape.com
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Apr 7, 2026 · via openpr.com
These four European car giants are going BIG in China as they look to grow a bigger foothold in world's biggest market Chinese cars flooding Europe is a common theme, as car giants from the Far East take on legacy brands with cheap, tech-laden alternatives But some of Europe's biggest automotive power players have invested, and are continuing to invest, millions if not billions into China's car market. In 2025, Chinese automobiles accounted for 35.6 per cent of the world market share. The total global car sales were 96.47 million units, and China sold 34.35 million units, a 9 per cent increase year-on-year, according to the China Passenger Car Association (CPCA). Volkswagen, BMW, Mercedes and Volvo are four of the household marques that are expanding at huge rates in China - the world's largest car market. So, what are European car giants doing to take on Chinese automotive players on their own turf? Strategy, investment and product alignment – we take a look. Volkswagen has one of the most targeted Chinese expansion plans of them all: It's 'In China, for China' strategy Volkswagen Volkswagen Group is the second largest car manufacturer in the world by sales, ranking behind Toyota. The Group turned over €321.9billion (£280bn) sales revenue in 2025 and processed nine million vehicle sales. But to take on the world's largest car maker, even Volkswagen has had to come up with something big: It's 'In China, for China' strategy. Through the plan, the Group has been steadily building momentum in China through a new energy vehicle (NEV) product portfolio and locally developed Intelligent Connected Vehicles (ICV) technologies. VW has also been reinforcing its local R&D capabilities and integrating into the local ecosystem with strategic partnership, not least through its long-term partnership with Chinese AI Smart Tech company and EV
Apr 7, 2026 · via thisismoney.co.uk
U.S. President Donald Trump has been warned by three Democratic senators that allowing Chinese automakers to set up manufacturing plants locally “would trigger a national security crisis.” They have asked to classify BYD and other Chinese brands as “military-connected entities,” given their alleged link to China’s defense forces. The warning arrives after Trump said early this year that he was open to Chinese manufacturers setting up production plants in the country. MotorBiscuit reported his comment: “If they want to come in and build a plant and hire you and hire your friends and your neighbors, that’s great, I love that.” Currently, Chinese electric vehicles are not allowed to enter the U.S. due to cybersecurity laws that prohibit their import or sale. Read More from MotorBiscuit: - General Motors Forced to Stop Corvette Sales With No Fix In Sight For Issue Related to Rear Turn Signal - Speeding in Colorado? This New $75 Fine System Tracks You for Miles - Iran Puts Tesla and Major U.S. Firms on Target List in Retaliation Warning However, Trump’s statement suggests a willingness to allow manufacturers from China to produce and sell their cars locally in the future, a point that has been red-flagged by senators Tammy Baldwin, Elissa Slotkin, and Chuck Schumer. Reuters reported the contents of a letter they wrote to President Trump, which read: “We must be clear-eyed that inviting China’s automakers to set up shop in the United States would confer an insurmountable economic advantage impossible for American automakers to overcome, and it would trigger a national security crisis that could never be reversed.” The letter added: “While a new plant opened by a Chinese automaker in the United States may create some assembly and temporary construction jobs, that small number of jobs will not make up for the lasting job
Apr 7, 2026 · via motorbiscuit.com
James Wong 2026 MG 4 Electric: Update coming 'very soon' for familiar EV hatch 2 Hours Ago MG's new cut-price EV feels anything but budget, with impressive driving manners and a fulsome spec sheet for not a lot of money. CarExpert brings together reviews, research tools and trusted buying support, guiding you from research to delivery with confidence. Chinese EV price wars continue to rage at the lower end of Australia's new-vehicle market, and one of the OGs – MG – is getting in on the action again. The 2026 MG 4 EV Urban arrives as the second 'MG 4' model in Australia, with a starting price of just over $30,000 drive-away. And that's for a battery-electric hatchback roughly the size of a Volkswagen Golf. Its sharp price point puts it up against the likes of the BYD Atto 1 and Dolphin, as well as the GWM Ora and new GAC Aion UT electric hatchbacks. You could even throw in MG's own MG 4 Electric (confused yet?) for good measure, too. MG says it will sell the new front-wheel drive MG 4 EV Urban alongside the existing rear-drive MG 4 Electric, which is in line to get an update in the coming months as well as a range restructure that could better structure the two model lines under one MG 4 banner. But even though this is the entry-level car, it's far from entry-level in terms of equipment. If anything, it's almost fully specced for base-model money. As we've found with a lot of cheap new vehicles, cheap doesn't always mean 'cheerful' – so, we attended the Australian media launch of the new MG 4 EV Urban to see if it's worth considering for those looking at an EV on a tight budget. How does it fare? Read on to
Apr 7, 2026 · via carexpert.com.au
After helping connect 1 billion people and 65 million small businesses to the digital economy over the past decade, Mastercard has committed to connect another 500 million people and small businesses by 2030. This effort will help provide financial resilience to more of the 2 billion people who remain underbanked or unbanked, the company said in a Monday (April 6) press release. “Financial health doesn’t happen all at once,” Jon Huntsman, vice chair and president, strategic growth at Mastercard, and Jorn Lambert, chief product officer at Mastercard, said in the release. “It’s a journey, from obtaining a payment credential and building transaction history to accessing more advanced services like credit, loans or insurance that help people absorb shocks and manage risks. We’d love to be your preferred source for news. Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks! “Paths may differ, but secure infrastructure, confident digital engagement, and an expanding credit profile are what make financial resilience possible,” they said. As Mastercard works to connect more people and small business, the company will leverage its Essential Debit and Essential Prepaid programs that are live in Nigeria and Colombia and will expand to more countries within months; its acceptance and issuance offerings for small businesses; its support for a growing network of digital wallets and partners; and its resources that help small businesses better understand and manage cyber risk, according to the release. In addition, Mastercard recently launched the Global Financial Health Coalition, which brings together financial institutions, nongovernmental organizations (NGOs), telecommunications companies, wallet providers and other industry leaders to promote healthy financial behavior and long-term resilience for consumers and small businesses. Advertisement: Scroll to Continue When announcing the coalition in November, Mastercard said the group will help consumers
Apr 7, 2026 · via pymnts.com
James Wong 2026 MG 4 Electric: Update coming 'very soon' for familiar EV hatch 4 Hours Ago Marketplace Editor The 2026 MG 4 EV Urban has just landed in Australia, and the Chinese brand has finally confirmed pricing for the Long Range Essence 54 model, which commands a $3000 premium over the Essence 43 price leader. On sale now from $34,990 drive-away, the MG 4 EV Urban Essence 54 largely carries over the Essence 43's spec sheet, but gets a larger 54kWh lithium iron phosphate (LFP) battery pack and a marginally more powerful electric motor on the front axle. As a result, the Essence 54 quotes 118kW/250Nm outputs, and a WLTP-certified driving range of 405km – 89km more than the Essence 43. The power bump brings a slight improvement to the claimed 0-100km/h time despite a 60kg kerb weight disadvantage, rated at 8.7 seconds versus 9.0 seconds for the Essence 43. CarExpert can save you thousands on a new car. Click here to get a great deal. MG 4 EV Urban Essence equipment highlights: Model | Drive-away pricing | |---|---| 2026 MG 4 EV Urban Essence 43 | $31,990 | 2026 MG 4 EV Urban Essence 54 | $34,990 | MORE: 2026 MG 4 EV Urban review MORE: Explore the MG 4 showroom Go deeper on the cars in our Showroom, compare your options, or see what a great deal looks like with help from our New Car Specialists. James Wong is an automotive journalist and former PR consultant, recognised among Australia’s most prolific motoring writers. James Wong 4 Hours Ago James Wong 6 Hours Ago Max Davies 2 Days Ago Max Davies 2 Days Ago William Stopford 3 Days Ago William Stopford 7 Days Ago Add CarExpert as a Preferred Source on Google so your search results prioritise writing
Apr 7, 2026 · via carexpert.com.au
Rules dating to the Great Depression have turned franchised auto dealers into a mandatory middleman — one that a new report says costs buyers up to $5,000 per vehicle. Dealers add add an estimated $3,934 to $4,992 to the price of a new vehicle, functioning as a “middleman tax.” State laws that prohibit automakers from selling cars directly to consumers add between $3,934 and $4,992 to the price of a new vehicle, according to an issue brief released Monday by the International Center for Law & Economics, a nonprofit research organization. The findings arrive as legacy automakers struggle to compete with Tesla’s factory-direct sales model and as software-defined vehicles increasingly depend on seamless digital integration that franchise dealers are structurally ill-equipped to support. The report, written by Kristian Stout and Subiksha Ramakrishnan, updates a 2000 Goldman Sachs analysis and a subsequent review by the Justice Department. It argues that franchise protection laws enacted during the New Deal era — originally designed to shield small-business dealers from being undercut by powerful manufacturers — have since calcified into protectionist barriers that fragment the national market and insulate incumbents from competition. “Protecting an incumbent distribution channel is not the same as protecting consumers,” the authors write. The study breaks down the estimated price premium into several components. Dealers are required by most states to maintain on-lot inventory, a carry cost the authors calculate at $1,045 to $1,105 per vehicle, compounded by floorplan financing rates that currently run between 6 and 9 percent. The make-to-stock manufacturing model that results from the dealer system generates roughly $1,600 per unit in additional costs, as automakers are forced to push unwanted inventory through discounts and incentives rather than building to order. Commission-based sales staff and sprawling physical retail footprints add an estimated $1,200 to $1,900 more. In
Apr 7, 2026 · via autoconnectedcar.com
There is a certain frustration that comes with driving a well-crafted vehicle while its infotainment system feels out of sync with modern expectations. Today’s digital habits are centered around smartphones, yet not every vehicle provides seamless integration with the tools people rely on most. Modern smartphone interface systems have changed how drivers interact with navigation, communication, and entertainment. By bringing essential features directly into the vehicle display, they create a more connected and intuitive experience when did Mercedes get Apple CarPlay. For many users, the next step is understanding how to introduce this functionality into an existing system. Never miss new stories in Harlem Understanding Compatibility Before making any changes, it is important to understand whether the current system supports smartphone integration. Newer systems are often designed with this capability in mind, while older systems may lack the required components. In some cases, the feature may already exist within the system but simply needs to be enabled. In others, additional solutions may be required depending on the system’s design and limitations. Checking system details through official support channels or identification records can provide clarity on what is possible. Available Options for Integration One of the simplest ways to enable smartphone connectivity is through system activation. If the system already includes the required hardware, the feature can sometimes be enabled through authorized support. This approach ensures that the system remains unchanged while unlocking additional functionality. When activation is not available, external modules can provide an alternative solution. These devices connect to the existing system and allow smartphone features to appear on the display without replacing the original hardware Mercedes-Benz infotainment system. They act as a bridge between the phone and the system, making it possible to access navigation, music, and communication tools through the existing interface. In situations where older systems
Apr 6, 2026 · via harlemworldmagazine.com
Cities today are navigating a profound shift in how people and goods move. From shared e-scooters and bikes to delivery robots and carshare fleets, the transportation ecosystem is becoming more diverse and more complex than ever before. At the center of this transformation is data. And increasingly, that data is being unified, analyzed, and operationalized through INRIX Ride Report. The Rise of Multimodal Mobility Urban mobility is no longer defined exclusively by privately owned cars. Micromobility solutions, for example, shared bikes and scooters, have surged in adoption, while delivery robots and carshare services are redefining first-mile, last-mile, and urban logistics. But with this growth comes a challenge: how do cities manage an ecosystem with multiple operators, vehicle types, and policy goals? This is where Ride Report comes in. What is Ride Report? Ride Report is a SaaS mobility analytics platform designed to help cities launch, manage, and evaluate shared mobility programs across modes like scooters, bikes, and carshare. Ride Report expands beyond micromobility to include delivery robots and other emerging transportation modes, creating a more complete view of the public right-of-way. Through a cloud-based interface, the platform enables agencies to: - Monitor vehicles in real time - Enforce compliance and policy rules - Analyze historical travel patterns - Automate invoicing and reporting - Protect user privacy through anonymized data processing In short, Ride Report transforms fragmented mobility data into actionable intelligence. Why Analytics Matters More Than Ever The modern city is a dynamic system. Mobility patterns shift daily based on demand, infrastructure, and policy decisions. Without robust analytics, cities risk making decisions based on incomplete or biased information. Ride Report addresses this by aggregating and standardizing data across operators and modes. This allows city planners to: - Evaluate whether equity goals are being met - Understand where vehicles are deployed
Apr 6, 2026 · via inrix.com
US-led team introduces framework to make networks of robots, self-driving cars safer The need for such a framework arises from the unique risks associated with connected autonomous systems. As modern technology advances, networks of connected machines such as self-driving cars, delivery robots, and smart infrastructure are becoming increasingly common. These systems, often referred to as cyber-physical systems, rely heavily on communication and coordination between multiple autonomous agents. However, one critical challenge remains: how can these machines determine which information to trust before making decisions? Researchers at Harvard John A. Paulson School of Engineering and Applied Sciences have proposed an innovative solution to this problem by introducing a framework known as “cy-trust,” designed to make networks of robots and vehicles safer and more reliable. Cyber-physical systems going to become very pervasive The concept of cy-trust focuses on quantifying trust in a measurable way. Instead of blindly accepting all incoming data, each robot or vehicle evaluates the reliability of information received from other agents. This evaluation is expressed as a numerical value, typically ranging from zero to one, representing how trustworthy a source is. Based on this score, the system decides how much influence that information should have on its actions. This approach is essential because traditional cybersecurity methods mainly control access to systems but do not adequately address real-time decision-making in dynamic, multi-agent environments. “Cyber-physical systems are going to become very pervasive,” said Gil, who co-authored the paper in Proceedings of the IEEE. “The question is, how do we secure these systems? How do we make sure they are going to be resilient as they go into the real world? This is something we had to learn from making internet systems secure.” The need for such a framework arises from the unique risks associated with connected autonomous systems. In these networks,
Apr 6, 2026 · via interestingengineering.com
This action comes after President Trump encouraged Chinese companies to expand manufacturing and selling in the U.S. WASHINGTON D.C. — U.S. Senator Elissa Slotkin (D-MI), Tammy Baldwin (D-WI), and Chuck Schumer (D-NY), called on President Donald Trump to stop Chinese automakers from jeopardizing American workers and risking our national security. They also called on the President to take action against the manufacture, sale, or operation of these companies and their products on U.S. soil. President Trump made comments at the Detroit Economic Forum, saying, “Let China come in.” This has been a priority issue for Slotkin, and the first piece of legislation she introduced as a U.S. Senator. Slotkin, a former CIA officer, has repeatedly warned Chinese-made connected vehicles could transmit sensitive data back to Beijing. “Allowing automakers headquartered in China, which operate with backing from the Chinese Communist Party (CCP), to build and sell vehicles in the United States would have far-reaching consequences for our economic and national security,” wrote the Senators in a letter to President Trump. “We urge you to stay the course and make it clear that Chinese auto manufacturers and their products present unprecedented dangers to our economic and national security, and their manufacture, sale, or operation on U.S. soil is non-negotiable.” U.S. automakers and their supply chains are essential to economic security, supporting a broad manufacturing ecosystem, from steel to semiconductors, and accounting for about 3–5% of GDP and nearly 11 million jobs. Chinese automakers building factories in the U.S. would speed China’s push for global dominance and simultaneously jeopardize American workers. China’s industry benefits from heavy state subsidies and weaker labor protections, creating unfair competition. This could disrupt supply chains, where each assembly job supports roughly two supplier jobs. China is deepening auto ties with Canada and Mexico, raising security concerns and potentially
Apr 6, 2026 · via slotkin.senate.gov
| | Nasdaq | 21,879.18 | | | | S&P | 6,582.69 | | | | Dow | 46,504.67 | | | | 10-Year | 0.000% | | | | Bitcoin | $69,244.24 | | | | Levi Strauss | $18.90 | | | | Data is provided by | | *Stock data as of market close, cryptocurrency data as of 11:00pm ET. Here's what these numbers mean. | - Markets: All three major indexes finished in the green last week, breaking a five-week losing streak. Over the next few days, Iran and inflation data are sure to be top of mind for investors. - Stock spotlight: Levi Strauss is up 40% over the past year, but shares have been sagging the past few months. The jeans company will get a chance to button up its message when it reports earnings tomorrow. | Markets Sponsored by Northwestern Mutual Is your tax return trying to tell you something? Northwestern Mutual’s guide explores actionable insights your return can offer to help you build a financial plan. Take a look. | | |---| MATERIAL COSTS For plastics-makers in the US, it’s the best of times. For companies that sell anything that requires plastic, it’s among the worst. Asian, Middle Eastern, and European producers of petrochemicals have all been negatively affected by the Iran war, which has all but closed the Strait of Hormuz. American chemical companies are benefiting from new relevance and income, since they use cheap natural gas that isn’t dependent on the Strait. Meet The Plastics While all petrochemicals are impacted, two in particular are experiencing a hazard of new fortunes: - Polyethylene, a soft, flexible material used in sandwich bags, detergent bottles, food service gloves, and more. Dow Chemical CEO Jim Fitterling said of the company’s US production capacity, “Everything
Apr 6, 2026 · via morningbrew.com