LOS ANGELES (AP) — Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before they are available. CEO Elon Musk said the “Cybercab” doesn’t have steering wheels or pedals. Tesla expects the Cybercabs to cost under $30,000. The…… MORE
JP Morgan Sets Aside More Money for Potential Bad Loans but Says Consumers Are on ‘Solid Footing’
NEW YORK (AP) — JPMorgan says its net income fell to $12.9 billion in the third quarter from $13.2 billion a year ago. Earnings of $4.37 per share did, however, beat Wall Street analysts’ forecasts and shares rose more than 4%. The bank set aside more money to cover potentially bad loans but did say…… MORE
Boeing to Cut 17,000 Jobs
(WBAP/KLIF) – Amid a month-long strike, Boeing is now announcing it will ax 17,000 jobs. This follows a $5 billion loss in the third quarter and a proposed delay on deliveries of its new 777-X jetliner. CEO Kelly Ortberg sent a message to employees stating, “We reset our workforce levels to align with our financial…… MORE
Dallas North Tollway Reopens Hours After Deadly Motorcycle Crash
DALLAS (WBAP/KLIF News ) – The Dallas North Tollway reopened just after 8 Friday morning hours after a deadly motorcycle accident shut down both directions of Northwest Highway. Authorities said the crash happened around 3:30 when a motorcyclist hit utility box. The collision caused wire cables to fall across the roadway. Spectrum crews responded to…… MORE
2 Workers Dead, Dozens Injured After Chemical Release at Houston-Area Facility
DEER PARK (WBAP/KLIF News ) – Two workers died and at least 35 were injured after a toxic chemical was released at the Pemex facility in Deer Park outside Houston on Thursday. Harris County emergency management officials said the hydrogen sulfide release happened just before 5 p.m. and was contained to the facility. The City…… MORE