Why GM Is Okay Losing Money On The Electric Chevy Bolt

Why GM Is Okay Losing Money On The Electric Chevy Bolt

When it comes to electric vehicles, consumers have to be willing to spend a pretty penny in order to reduce their emissions. But it’s not just car owners that are shelling out for more environmentally friendly rides, carmakers are too: on top of the cost to create, test, and manufacture the vehicles, companies, like General Motors, are regularly taking a hit when it comes to putting keys in customers’ hands. But why? [More]

Michael

New Rules Aim To Make It Easier For Students To Seek Financial, Legal Relief From Failed Colleges

In the last few years, multiple for-profit college chains have closed with little or no warning given to their students, while others remain on the brink of closure. And many of the for-profit schools that remain bar wronged students from ever suing the college in a court of law. Today, the Department of Education finalized the massive overhaul of its “Borrower Defense” rules in an effort to make it easier for students to hold colleges financially and legally responsible for their actions. [More]

OuiShare

San Francisco Proposal Would Limit Residential Airbnb Rentals To 60 Days/Year

The relationship between Airbnb and its home city of San Francisco is complicated to say the least. the least. The two have repeatedly duked it out over regulations, taxes, and liability, and now the stage is set for yet another battle between the city and the home-sharing platform, as the San Francisco Board of Supervisors considers reducing the number of days people in the city can rent out their homes each year. [More]

OuiShare

Airbnb’s New Legal Strategy: Compliance With Local Laws Is Not Our Problem

When you buy a bootleg T-shirt on eBay or some phony concert tickets on StubHub, those businesses aren’t responsible: the seller is. What if that principle also applied to sharing economy businesses like Airbnb? That’s what the company is experimenting with, starting in its home city of San Francisco. [More]

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FDA Warns Dozens Of Retailers Caught Selling E-Cigs, Liquid Nicotine To Minors

The Food and Drug Administration recently finalized rules making it clear that e-cigarettes and liquid nicotine are, just like traditional cigarettes, not to be sold to people under the age of 18. Now the FDA is putting dozens of retailers on notice that they were caught allegedly selling these products to minors. [More]

M

Senators Demand Mylan Lower Cost Of Life-Saving Epipens, Call For Congressional Hearing

The cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years. That’s simply too much, lawmakers say, with some legislators now calling on the pharmaceutical giant to drop its price immediately, while others are pushing for a congressional hearing on the matter.  [More]

yooperann

Why Did American Airlines Make Me Move My Child’s Safety Seat So Someone Could Recline?

Planning ahead can go a long way when it comes to reducing the amount of stress parents face when flying with their young children. At least that was Becca’s thought when she researched and decided to pay extra so her 7-month-old son could travel rear-facing in his safety seat on a recent American Airlines flight. Despite Federal Aviation Administration rules — and American’s own policies — things didn’t go as planned when a flight attendant ordered Becca to move the child seat so the passenger in the row in front of her could recline.  [More]

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NHTSA: Self-Driving Cars Need To Be Twice As Safe In Order To Reduce Traffic Deaths

Proponents of self-driving vehicles claim the new technology will decrease the number of crashes occurring on the roadways, thereby reducing the number of driver and pedestrian deaths. But for that to happen, regulators say the new industry must take significant steps to improve autonomous vehicle safety.  [More]

FDA Bans Sale Of E-Cigarettes To Minors; Requires Health Warnings

FDA Bans Sale Of E-Cigarettes To Minors; Requires Health Warnings

After a prolonged, seven-year process of drafting regulations for e-cigarettes, the Food and Drug Administration has finalized rules that treat e-cigs, hookah tobacco, pipe tobacco, and premium cigars the same as traditional cigarettes and cigars. [More]

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Anheuser-Busch InBev To Sell Peroni, Grolsch To Earn European Approval Of Beer Merger

A month after Anheuser-Busch InBev cleared one huge regulatory hurdle in gaining approval for its $107 billion SABMiller merger with the sale of SABMiller’s half of China’s largest brewer, the beer behemoth is looking to appease regulators on other continents. This time it happens to be the European Union and the sale of premium brands Peroni and Grolsch.  [More]

Regulators Move To Ease Restrictions For Self-Driving Cars

Regulators Move To Ease Restrictions For Self-Driving Cars

With everyone from Google to Ford trying to get into the self-driving vehicle business, federal regulators say it may be time to ease up on some restrictions that the industry claims are slowing innovation in the relatively new field. [More]

Airbnb Will Gently Nag Hosts In San Francisco Instead Of Requiring City Registration

Airbnb Will Gently Nag Hosts In San Francisco Instead Of Requiring City Registration

Airbnb’s hometown of San Francisco voted down a proposition that would have limited the number of days per year that a host on the service can rent out a room or property, with the goal of keeping scarce housing stock as housing, not places for tourists. Yet the company is preparing for similar future battles in San Francisco and in other cities, and will start by nagging hosts in San Francisco. [More]

As e-cigarette makers increase their ad spending, more teens have started using the devices.

Report Finds That As E-Cigarette Ad Spending Increases So Does Teens’ Use Of The Devices

About 2.4 million teens smoked e-cigarettes last year, and that number is poised to rise, thanks in part to the tens of millions of dollars device manufactures have poured into advertisements for the products, according to a new report from the Centers for Disease Control and Prevention.  [More]

The 2016 3.0 liter diesel-powered Audi A6 is included in VW latest stop-sale order.

Dealers Stop Sale Of New, Pre-Owned VW, Audi & Porsche Vehicles Covered In Latest Emissions Violations

Just a day after Volkswagen executives said the car company would not stop the sale of vehicles included in the Environmental Protection Agency’s newest notice of violation for emission standards, the manufacturer backtracked, and now says it will tell dealers not to sell certain VW, Audi and Porsche models.  [More]

VW Denies Latest Emissions Violations, Won’t Halt Sales On Affected Vehicles

VW Denies Latest Emissions Violations, Won’t Halt Sales On Affected Vehicles

Just hours after federal and state regulators accused Volkswagen of using so-called “defeat devices” on newer model cars in order to ensure they passed emissions tests, the carmaker said the allegations aren’t true and that it will continue to allow sales of the recently identified automobiles.  [More]

Regulators Find More “Defeat Devices” In 10,000 VW, Porsche And Audi Vehicles

Regulators Find More “Defeat Devices” In 10,000 VW, Porsche And Audi Vehicles

A month and a half after the Environmental Protection Agency and California Air Resources Board found “defeat devices” designed to cheat emission tests in nearly 500,000 Volkswagen and Audi vehicles, the agencies’ ongoing investigation found additional Clean Air Act violations in the carmaker’s newer model Porsche, Audi and VW cars.  [More]