Philippine financial markets shut after volcano spews ash over Manila

Motorists negotiate a muddied road after Taal volcano began spewing ash over Tanauan town, Batangas province south of Manila on January 13, 2020. Philippine financial markets were shut on Monday to ensure the safety of employees and traders after a volcano near Manila spewed huge volumes of ash that drifted across the nation’s capital. Regular fixed-income trading and settlement operations were expected to resume on Tuesday, the operator of the country’s fixed-income trading platform, PDS Group,


Motorists negotiate a muddied road after Taal volcano began spewing ash over Tanauan town, Batangas province south of Manila on January 13, 2020.
Philippine financial markets were shut on Monday to ensure the safety of employees and traders after a volcano near Manila spewed huge volumes of ash that drifted across the nation’s capital.
Regular fixed-income trading and settlement operations were expected to resume on Tuesday, the operator of the country’s fixed-income trading platform, PDS Group,
Philippine financial markets shut after volcano spews ash over Manila Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-13
Keywords: news, cnbc, companies, trading, fixedincome, taal, financial, operations, settlement, philippines, volcano, markets, shut, ash, spews, province, safety


Philippine financial markets shut after volcano spews ash over Manila

Motorists negotiate a muddied road after Taal volcano began spewing ash over Tanauan town, Batangas province south of Manila on January 13, 2020.

Philippine financial markets were shut on Monday to ensure the safety of employees and traders after a volcano near Manila spewed huge volumes of ash that drifted across the nation’s capital.

The suspensions cover stocks, fixed-income, and dollar-peso spot trading.

Regular fixed-income trading and settlement operations were expected to resume on Tuesday, the operator of the country’s fixed-income trading platform, PDS Group, said in a statement.

Separately, the Bankers’ Association of the Philippines encouraged banks to exercise discretion to ensure the safety of their employees.

Clearing and settlement operations at the Securities Clearing Corporation of the Philippines have also been suspended, the Philippine Stock Exchange said.

Thousands of people were evacuated from the area near Taal volcano in Batangas province after it suddenly shot a column of ash and steam as high as 15km (9 miles) into the sky on Sunday, forcing the cancellation of flights and closure of schools and government offices.


Company: cnbc, Activity: cnbc, Date: 2020-01-13
Keywords: news, cnbc, companies, trading, fixedincome, taal, financial, operations, settlement, philippines, volcano, markets, shut, ash, spews, province, safety


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Jobs are on the line and time is ticking as Boeing’s new CEO takes over

He also favored the company recommending airline pilots undergo simulator training before the 737 Max can fly again, reversing the company’s position when Muilenburg was at the helm. The change promises to add millions in costs for Boeing but is one that aims to restore confidence in the planes’ safety. Calhoun is an insider and the released messages were exchanged during his more than 10 years on Boeing’s board. Spirit Aerosystems, which makes fuselages for the Max, said it would cut an initial


He also favored the company recommending airline pilots undergo simulator training before the 737 Max can fly again, reversing the company’s position when Muilenburg was at the helm.
The change promises to add millions in costs for Boeing but is one that aims to restore confidence in the planes’ safety.
Calhoun is an insider and the released messages were exchanged during his more than 10 years on Boeing’s board.
Spirit Aerosystems, which makes fuselages for the Max, said it would cut an initial
Jobs are on the line and time is ticking as Boeing’s new CEO takes over Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-13  Authors: leslie josephs
Keywords: news, cnbc, companies, ticking, planes, boeing, safety, ceo, takes, company, employees, line, calhoun, max, regulators, jobs, 737, boeings


Jobs are on the line and time is ticking as Boeing's new CEO takes over

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC

Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a year after two deadly crashes — flying again. A more than decadelong Boeing board member, Calhoun has already signaled he will be more conservative than his predecessor Dennis Muilenburg. The board ousted Muilenburg just before Christmas after his botched response to the crashes and overoptimistic forecast that regulators would allow the planes to fly again before the end of 2019. The latter drew public ire from the Federal Aviation Administration, setting up a rare confrontation between the regulator and the biggest company it oversees. Calhoun, 62 and a veteran of General Electric and Blackstone Group, has been playing peacemaker with the FAA. He also favored the company recommending airline pilots undergo simulator training before the 737 Max can fly again, reversing the company’s position when Muilenburg was at the helm. The change promises to add millions in costs for Boeing but is one that aims to restore confidence in the planes’ safety. “He’s certainly the right person to stabilize the situation,” said Teal Group aviation analyst Richard Aboulafia.

Culture takes priority

Perhaps Calhoun’s most challenging task will be fixing Boeing’s internal culture that has drawn criticism from lawmakers for prioritizing costs over safety, which has been blamed for killing the 346 people on the crashed flights in Indonesia and Ethiopia. Calhoun urged the company to release hundreds of internal messages about the 737 Max’s development, a person familiar with his thinking said, adding that Calhoun will spend time at the company’s Seattle plant to talk with employees. Those embarrassing messages showed Boeing employees bragging about bullying regulators into approving more lax training standards for the plane, saying the jetliners were “designed by clowns who in turn are supervised by monkeys.” Broadly, they showed employees under pressure to keep costs down and a general arrogance toward regulators and airline customers around the world. They also showed that some employees were worried about safety standards and spoke out. “Would you put your family on a MAX simulator-trained aircraft? asked a Boeing employee to a colleague in a 2018 exchange. “I wouldn’t.” His co-worker replied: “No.”

‘Completely unacceptable’

Boeing called the messages “completely unacceptable.” It said the “language used in these communications, and some of the sentiments they express, are inconsistent with Boeing values, and the company is taking appropriate action in response. This will ultimately include disciplinary or other personnel action, once the necessary reviews are completed.” Calhoun is an insider and the released messages were exchanged during his more than 10 years on Boeing’s board. Some family members of crash victims say he was too close the problem. “It’s not going to change the culture within Boeing,” said Paul Njoroge, who lost his wife, three children and mother-in-law on Ethiopian Airlines Flight 302 in March. “There is a culture of ignoring safety … maximizing profits.” Rep. Peter DeFazio, D-Ore., chairman of the House Committee on Transportation and Infrastructure, which is investigating the 737 Max, on Friday said he recently told Calhoun that he needs to change Boeing’s structure so executives are not as beholden to Wall Street. The decisions that brought the planes to market faster was “all driven by watching the stock price and corporate pressure,” DeFazio told reporters. Calhoun will have more to do than getting regulators to sign off on the Max, a task that will earn him a $7 million bonus if he does that and meets other financial targets, according to a securities filing on Friday. He must also deal with delays and the possibility of additional regulatory scrutiny on the Boeing 777X plane as well as sliding demand for wide-body jetliners in general. Hobbled by the crisis, Boeing hasn’t been able to move forward with plans for a new mid-market aircraft, handing a bigger lead over to chief rival Airbus as the European planemaker wins sales of its forthcoming long-range, single-aisle plane from airlines including American and United.

Layoffs, production shutdown

The worldwide grounding has wiped more than $50 billion from Boeing’s market value and is threatening to drive up costs further as it heads toward the one-year mark. Regulators say they have no firm timeline of when they will approve Boeing’s changes to the planes to bless them as airworthy again. That uncertainty has dented revenue for airlines that flew the Max by more than a $1 billion and counting. In July, Boeing took a $4.9 billion after-tax charge to compensate airlines. It has already reached preliminary agreements with American and Southwest, but those customers don’t expect the planes to fly again until at least April, which will further add to Boeing’s tab. The company will likely provide an update to the cost of the grounding when it reports earnings in late January. This month, Boeing is planning to down its 737 Max production facility in Washington state, reassigning some 3,000 of its workers to other facilities, including in California. It said it doesn’t expect to lay off employees, but the crisis is already hitting suppliers, including engine-maker General Electric. Spirit Aerosystems, which makes fuselages for the Max, said it would cut an initial 2,800 jobs because of the crisis. Treasury Secretary Steven Mnuchin on Sunday said the Boeing 737 Max problems could slow U.S. economic growth this year by half a percentage point to 2.5%.

Other changes


Company: cnbc, Activity: cnbc, Date: 2020-01-13  Authors: leslie josephs
Keywords: news, cnbc, companies, ticking, planes, boeing, safety, ceo, takes, company, employees, line, calhoun, max, regulators, jobs, 737, boeings


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Ex-NTSB official: Shocking Boeing 737 Max messages ‘paints a bad light’ but no new safety risks

“It paints a very bad light on Boeing, especially in the wake of two 737 Max accidents,” said Greg Feith, formerly with the National Transportation Safety Board. Over 100 pages of internal messages released by Boeing showed employees bragging about pressuring regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training. The FAA, for its part, said the newly-released documents don’t present any safety risks that weren’t already known. I think overall yes,


“It paints a very bad light on Boeing, especially in the wake of two 737 Max accidents,” said Greg Feith, formerly with the National Transportation Safety Board.
Over 100 pages of internal messages released by Boeing showed employees bragging about pressuring regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training.
The FAA, for its part, said the newly-released documents don’t present any safety risks that weren’t already known.
I think overall yes,
Ex-NTSB official: Shocking Boeing 737 Max messages ‘paints a bad light’ but no new safety risks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-10  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, exntsb, public, messages, regulators, feith, paints, max, faa, light, risks, emails, employees, boeing, shocking, internal, safety, official


Ex-NTSB official: Shocking Boeing 737 Max messages 'paints a bad light' but no new safety risks

A trove of documents released by Boeing Thursday, which showed employees boasting about bullying regulators and customers, are more “troubling” to the public than U.S. regulators, a former air safety investigator told CNBC on Friday.

“It paints a very bad light on Boeing, especially in the wake of two 737 Max accidents,” said Greg Feith, formerly with the National Transportation Safety Board. “It’s really important that the FAA, having looked at these emails … didn’t see any safety-related risk that they didn’t already know about.”

Over 100 pages of internal messages released by Boeing showed employees bragging about pressuring regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training.

The emails, shared with the Federal Aviation Administration and lawmakers, “are incredibly damning,” said Rep. Peter DeFazio, D-Ore., chairman of the House Transportation Committee, which is investigating the Max. “They paint a deeply disturbing picture of the lengths Boeing was apparently willing to go to in order to evade scrutiny from regulators, flight crews, and the flying public, even as its own employees were sounding alarms internally.”

The FAA, for its part, said the newly-released documents don’t present any safety risks that weren’t already known.

And Feith stressed that the emails should be kept in context.

“It’s troubling from the perspective of the public, seeing the types of internal communications between the employees. I think overall yes, it paints a very bad light on Boeing, especially in the wake of two 737 Max accidents,” he said on “Squawk Box.” But Feith said the emails don’t necessarily show any new safety issues that would worry regulators. “It’s really important that the FAA, having looked at these emails, saw some cultural issues, the fact that there is internal bantering, but they didn’t see any safety related risk that they didn’t already know about.”

Boeing had told regulators to remove simulator training from requirements before the FAA approved the jets, which became Boeing’s best-selling aircraft, in 2017, partly due to easily transitioning pilots from older models to the Max.

Though on Tuesday, Boeing reversed its stance and said it would recommend simulator training for pilots before the 737 Max can return to service.

The announcement comes ahead of Monday’s arrival of Boeing’s new CEO, David Calhoun. CNBC reported in December that Calhoun’s goals include improving transparency with its airline customers and regulators.

To that point, Feith said that Calhoun should bring on an internal and external group of auditors to probe the company.

“And compare and find out if, in fact, these organizational issues did have a very detrimental effect on safety,” Feith said. “Now, while the general public may perceive that, when you look at how long we’ve been certifying airplanes in the United States and how long Boeing’s been certifying these airplanes, I really have a hard time believing that with all of these comments and these emails that Boeing would turn out an unsafe airplane.”

-CNBC’s Leslie Josephs contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2020-01-10  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, exntsb, public, messages, regulators, feith, paints, max, faa, light, risks, emails, employees, boeing, shocking, internal, safety, official


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Former NTSB chair: Boeing’s emails reflect blatant disregard for safety

Former NTSB chair: Boeing’s emails reflect blatant disregard for safetyJim Hall, former NTSB chairman, and CNBC’s Phil LeBeau join the “Power Lunch” team to discuss the investigation into the Ukrainian flight that crashed in Iran shortly after takeoff. Iran denies the jet was shot down by a missile.


Former NTSB chair: Boeing’s emails reflect blatant disregard for safetyJim Hall, former NTSB chairman, and CNBC’s Phil LeBeau join the “Power Lunch” team to discuss the investigation into the Ukrainian flight that crashed in Iran shortly after takeoff.
Iran denies the jet was shot down by a missile.
Former NTSB chair: Boeing’s emails reflect blatant disregard for safety Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-10
Keywords: news, cnbc, companies, shortly, reflect, shot, power, blatant, iran, chair, ukrainian, team, disregard, emails, ntsb, safetyjim, takeoff, boeings, safety


Former NTSB chair: Boeing's emails reflect blatant disregard for safety

Former NTSB chair: Boeing’s emails reflect blatant disregard for safety

Jim Hall, former NTSB chairman, and CNBC’s Phil LeBeau join the “Power Lunch” team to discuss the investigation into the Ukrainian flight that crashed in Iran shortly after takeoff. Iran denies the jet was shot down by a missile.


Company: cnbc, Activity: cnbc, Date: 2020-01-10
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‘Damning’ Boeing messages reveal efforts to manipulate regulators of 737 Max

Boeing employees boasted about bullying regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training while others raised safety concerns and complained about lax standards, according to a trove of internal documents the company released on Thursday. Boeing shared the messages with the Federal Aviation Administration and lawmakers, one of whom called them “damning.” Boeing said the messages “do not reflect the company we are and need to be, and they are co


Boeing employees boasted about bullying regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training while others raised safety concerns and complained about lax standards, according to a trove of internal documents the company released on Thursday.
Boeing shared the messages with the Federal Aviation Administration and lawmakers, one of whom called them “damning.”
Boeing said the messages “do not reflect the company we are and need to be, and they are co
‘Damning’ Boeing messages reveal efforts to manipulate regulators of 737 Max Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: leslie josephs
Keywords: news, cnbc, companies, messages, training, 737, boeing, documents, max, manipulate, regulators, efforts, damning, safety, type, company, reveal, simulator


'Damning' Boeing messages reveal efforts to manipulate regulators of 737 Max

Boeing employees boasted about bullying regulators to approve the now-grounded 737 Max without requiring pilots to undergo simulator training while others raised safety concerns and complained about lax standards, according to a trove of internal documents the company released on Thursday.

The contents of the more than 100 pages of internal messages present a fresh crisis for Boeing, which is struggling to regain its reputation after two fatal crashes of the 737 Max that killed 346 people and months of revelations that showed how the company designed a flawed airliner and sold thousands of them around the world.

Boeing shared the messages with the Federal Aviation Administration and lawmakers, one of whom called them “damning.”

“I want to stress the importance of holding firm that there will not be any type of simulator training required to transition from the [the older model of the 737] to MAX,” read a message from Boeing’s 737 chief technical pilot in March 2017 to another employee. “Boeing will not allow that to happen. We’ll go face to face with any regulator who tries to make that a requirement.”

Another message from a Boeing employee later that year called an undisclosed party “morons” for ordering a type of cockpit display and said India’s aviation regulator “is apparently even stupider.”

Boeing said the messages “do not reflect the company we are and need to be, and they are completely unacceptable.”

Boeing had told regulators to remove simulator training from requirements before the FAA approved the jets, which became Boeing’s best-selling aircraft, in 2017. The names of the people in the messages were redacted, but included in copies sent to lawmakers.

Some of the documents showed concerns about flight simulators.

The FAA, for its part, said the documents don’t present any safety risks that it already knew about under its own review of the planes. It also backed the safety of the simulators mentioned in the documents.


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: leslie josephs
Keywords: news, cnbc, companies, messages, training, 737, boeing, documents, max, manipulate, regulators, efforts, damning, safety, type, company, reveal, simulator


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Here are the unanswered questions about the deadly plane crash in Iran

Rescue workers on Wednesday combed through wreckage of Kyiv-bound Ukraine International Airlines Flight 752 on Tuesday. Because the crash occurred during heightened tensions between Iran and the U.S. information about the flight may remain scarce. It can sometimes take investigators more than a year to determine the cause of a plane crash and getting information about the deadly incident has become more complicated. Under international law, the country where the crash occurred controls the inves


Rescue workers on Wednesday combed through wreckage of Kyiv-bound Ukraine International Airlines Flight 752 on Tuesday.
Because the crash occurred during heightened tensions between Iran and the U.S. information about the flight may remain scarce.
It can sometimes take investigators more than a year to determine the cause of a plane crash and getting information about the deadly incident has become more complicated.
Under international law, the country where the crash occurred controls the inves
Here are the unanswered questions about the deadly plane crash in Iran Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: leslie josephs
Keywords: news, cnbc, companies, deadly, international, ukraine, occurred, unanswered, states, boeing, plane, questions, united, crash, safety, iranian, iran


Here are the unanswered questions about the deadly plane crash in Iran

A colleague of one of the flight crew members of the Ukrainian 737-800 plane that crashed on the outskirts of Tehran, lights candles at a memorial inside Borispil international airport outside Kyiv, Ukraine, Wednesday, Jan. 8, 2020.

Rescue workers on Wednesday combed through wreckage of Kyiv-bound Ukraine International Airlines Flight 752 on Tuesday.

What brought down the plane isn’t yet certain, but some aviation safety experts and pilots called several aspects of the incident unusual. Because the crash occurred during heightened tensions between Iran and the U.S. information about the flight may remain scarce.

All 176 people — 167 passengers and nine crew — on the Boeing 737-800 — were killed when it crashed two minutes after takeoff from Tehran. Video shared on social media showed what appeared to be the plane on fire, falling to the ground in a fireball outside of the Iranian capital.

The plane was not the 737 Max model that was grounded in March last year after two fatal crashes, but it adds to attention on Boeing, which is scrambling to contain the fallout from those incidents.

The crash occurred hours after Iran launched retaliatory missile strikes on U.S. positions in Iraq for the killing of Gen. Qasem Soleimani, timing that prompted speculation that a stray Iranian missile may have downed the passenger plane, but as of Wednesday evening, there was no evidence to support that. Airlines began avoiding airspace in the region, taking other routes due to the conflict.

It can sometimes take investigators more than a year to determine the cause of a plane crash and getting information about the deadly incident has become more complicated. Iranian officials said they won’t hand over a recovered black box from the crash site to the U.S. or to Boeing for review.

Under international law, the country where the crash occurred controls the investigation. Boeing, the Federal Aviation Administration and the National Transportation Safety Board, because the plane was manufactured in the United States, would generally participate.

“The United States will continue to follow this incident closely and stands prepared to offer Ukraine all possible assistance,” Secretary of State Mike Pompeo said in a statement Wednesday. “The United States calls for complete cooperation with any investigation into the cause of the crash.”

Boeing offered its condolences to the victims and said it is “ready to assist in any way needed.”

If Iranian officials withhold data, “they’re not going to be trusted in our eyes and whatever they say without giving us the data, we’re not going to believe,” said John Goglia, former member of the U.S. National Transportion Safety Board.


Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: leslie josephs
Keywords: news, cnbc, companies, deadly, international, ukraine, occurred, unanswered, states, boeing, plane, questions, united, crash, safety, iranian, iran


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US safety agency opens probe into fatal Tesla Model 3 crash in Indiana

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it was launching an investigation into the Dec. 29 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked fire truck in Indiana. The crash is the 14th involving Tesla that NHTSA’s special crash investigation program has taken up in which it suspects the company’s so-called Autopilot or other advanced driver assistance system was in use. It is the third Tesla crash NHTSA has sai


The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it was launching an investigation into the Dec. 29 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked fire truck in Indiana.
The crash is the 14th involving Tesla that NHTSA’s special crash investigation program has taken up in which it suspects the company’s so-called Autopilot or other advanced driver assistance system was in use.
It is the third Tesla crash NHTSA has sai
US safety agency opens probe into fatal Tesla Model 3 crash in Indiana Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-08
Keywords: news, cnbc, companies, vehicle, autopilot, agency, indiana, tesla, investigation, fatal, safety, crash, nhtsa, model, dec, opens, probe


US safety agency opens probe into fatal Tesla Model 3 crash in Indiana

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it was launching an investigation into the Dec. 29 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked fire truck in Indiana.

The crash is the 14th involving Tesla that NHTSA’s special crash investigation program has taken up in which it suspects the company’s so-called Autopilot or other advanced driver assistance system was in use.

It is the third Tesla crash NHTSA has said it was investigating in recent weeks. Autopilot had been engaged in at least three Tesla vehicles that were involved in fatal U.S. crashes since 2016. Tesla did not immediately comment.

NHTSA is also probing another Dec. 29 fatal crash of a Model S Tesla in Gardena, California. In that incident, the vehicle exited the 91 Freeway, ran a red light and struck a 2006 Honda Civic, killing its two occupants.


Company: cnbc, Activity: cnbc, Date: 2020-01-08
Keywords: news, cnbc, companies, vehicle, autopilot, agency, indiana, tesla, investigation, fatal, safety, crash, nhtsa, model, dec, opens, probe


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US traffic safety agency launches probe of fatal Tesla Model S crash

Tesla Model S is displayed inside of the new Tesla flagship facility on August 10, 2016 in San Francisco, California. The U.S. National Highway Traffic Safety Administration said, after market close on New Year’s Eve, that it plans a probe of a fatal Tesla crash that occurred on Sunday in Los Angeles. The two occupants inside the Tesla were taken to a nearby hospital with non-life threatening injuries. The agency said, in a statement e-mailed to CNBC on Tuesday: “NHTSA’s special crash investigat


Tesla Model S is displayed inside of the new Tesla flagship facility on August 10, 2016 in San Francisco, California.
The U.S. National Highway Traffic Safety Administration said, after market close on New Year’s Eve, that it plans a probe of a fatal Tesla crash that occurred on Sunday in Los Angeles.
The two occupants inside the Tesla were taken to a nearby hospital with non-life threatening injuries.
The agency said, in a statement e-mailed to CNBC on Tuesday: “NHTSA’s special crash investigat
US traffic safety agency launches probe of fatal Tesla Model S crash Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-01  Authors: lora kolodny
Keywords: news, cnbc, companies, fatal, inside, vehicles, agency, probe, safety, launches, tesla, model, traffic, systems, los, program, vehicle, crash


US traffic safety agency launches probe of fatal Tesla Model S crash

Tesla Model S is displayed inside of the new Tesla flagship facility on August 10, 2016 in San Francisco, California.

The U.S. National Highway Traffic Safety Administration said, after market close on New Year’s Eve, that it plans a probe of a fatal Tesla crash that occurred on Sunday in Los Angeles.

The Los Angeles Police Department confirmed that a motorist in a black 2016 Model S ran a red light and struck a 2006 Honda Civic on Sunday, killing the two people in that car. The two occupants inside the Tesla were taken to a nearby hospital with non-life threatening injuries.

It was not immediately known whether Tesla Autopilot — the company’s advanced driver assistance systems — may have been engaged at the time of the fatal crash, and if so, whether it might have caused or exacerbated the incident.

NHTSA, which is part of the Department of Transportation, has the power to issue mandatory vehicle recalls if it deems them necessary, typically when an automaker has failed to determine and fix dangerous flaws in their vehicles or parts, systems and components within.

The agency said, in a statement e-mailed to CNBC on Tuesday: “NHTSA’s special crash investigation (SCI) program will initiate a crash scene and vehicle inspection of the 12/29/2019 crash of a Tesla Model S after it collided with another car in Los Angeles, California.”

Tesla did not reply to a request for comment.

That same NHTSA program had previously initiated probes of 13 incidents or accidents involving Tesla electric vehicles with Autopilot possibly in use. Results of eleven of those investigations were still pending as of Tuesday.


Company: cnbc, Activity: cnbc, Date: 2020-01-01  Authors: lora kolodny
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US auto safety agency to probe fatal Tesla crash in Los Angeles

The fatal Dec. 29 crash of a Tesla vehicle in Southern California will be investigated by the U.S. government’s auto safety regulator, the agency said on Tuesday. NHTSA did not say if autopilot was suspected in Sunday’s crash in Gardena in Los Angeles county. The two people inside the Tesla were hospitalized but did not have life-threatening injuries, KTLA reported, citing Los Angeles police. NHTSA has previously confirmed special crash investigations in a number of Tesla crashes but until earli


The fatal Dec. 29 crash of a Tesla vehicle in Southern California will be investigated by the U.S. government’s auto safety regulator, the agency said on Tuesday.
NHTSA did not say if autopilot was suspected in Sunday’s crash in Gardena in Los Angeles county.
The two people inside the Tesla were hospitalized but did not have life-threatening injuries, KTLA reported, citing Los Angeles police.
NHTSA has previously confirmed special crash investigations in a number of Tesla crashes but until earli
US auto safety agency to probe fatal Tesla crash in Los Angeles Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-31
Keywords: news, cnbc, companies, nhtsa, auto, driver, agency, angeles, tesla, autopilot, safety, month, probe, system, fatal, los, crash, crashes, drivers


US auto safety agency to probe fatal Tesla crash in Los Angeles

The fatal Dec. 29 crash of a Tesla vehicle in Southern California will be investigated by the U.S. government’s auto safety regulator, the agency said on Tuesday.

The U.S. National Highway Traffic Safety Administration (NHTSA) said earlier this month it had opened an investigation into a 12th Tesla crash that may be tied to the vehicles advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut.

NHTSA did not say if autopilot was suspected in Sunday’s crash in Gardena in Los Angeles county.

Tesla did not immediately respond to a request for comment.

Los Angeles television station KTLA reported the driver exited the 91 Freeway in Gardena, ran a red light and struck a 2006 Honda Civic, killing its two occupants.

The two people inside the Tesla were hospitalized but did not have life-threatening injuries, KTLA reported, citing Los Angeles police.

Autopilot had been engaged in at least three Tesla vehicles that were involved in fatal U.S. crashes since 2016. The National Transportation Safety Board has criticized Autopilot’s lack of safeguards and said in September in its probe of a 2018 Culver City, California Tesla crash that the systems design “permitted the driver to disengage from the driving task.”

Tesla and NHTSA both advise drivers that they must keep their hands on the steering wheel and pay attention at all times while using Autopilot. Tesla says Autopilot “enables your car to steer, accelerate and brake automatically within its lane,” but does not make the vehicle autonomous.

Some drivers say they are able to keep their hands off the wheel for extended periods when using the system. Last month, U.S. Senator Ed Markey said Tesla should disable Autopilot until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.

NHTSA has previously confirmed special crash investigations in a number of Tesla crashes but until earlier this month had not disclosed the total number of crashes under review. NHTSA previously investigated another Tesla crash that it initially suspected of being tied to Autopilot but ruled it out.


Company: cnbc, Activity: cnbc, Date: 2019-12-31
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Deadly shooting in Texas becomes a rallying cry for both sides in the gun control debate

Police and fire departments surround the scene of a shooting at West Freeway Church of Christ in White Settlement, Texas, Sunday, Dec. 29, 2019. Advocates on both sides of the gun-control debate have seized on the Sunday shooting in White Settlement, Texas, as a rallying cry for their respective causes. But gun safety advocates argued that the shooting itself wouldn’t have happened if the U.S. − and Texas − had stronger gun regulation. Divisions around the shooting in Texas come amid a broader p


Police and fire departments surround the scene of a shooting at West Freeway Church of Christ in White Settlement, Texas, Sunday, Dec. 29, 2019.
Advocates on both sides of the gun-control debate have seized on the Sunday shooting in White Settlement, Texas, as a rallying cry for their respective causes.
But gun safety advocates argued that the shooting itself wouldn’t have happened if the U.S. − and Texas − had stronger gun regulation.
Divisions around the shooting in Texas come amid a broader p
Deadly shooting in Texas becomes a rallying cry for both sides in the gun control debate Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-31  Authors: lauren hirsch
Keywords: news, cnbc, companies, control, rallying, sides, debate, cry, church, white, trump, including, gun, texas, safety, settlement, deadly, passed, shooting


Deadly shooting in Texas becomes a rallying cry for both sides in the gun control debate

Police and fire departments surround the scene of a shooting at West Freeway Church of Christ in White Settlement, Texas, Sunday, Dec. 29, 2019.

Advocates on both sides of the gun-control debate have seized on the Sunday shooting in White Settlement, Texas, as a rallying cry for their respective causes.

On Sunday, 43-year-old Keith Thomas Kinnunen opened fire in at West Freeway Church of Christ, killing two people before a member of the church’s security team shot and killed him. A video of the incident shows other parishioners reaching for firearms, as well.

Gun-rights advocates, including President Donald Trump, have pointed to the shooting as evidence that access to arms gives citizens better ability to defend themselves. Lawmakers in Texas have passed legislation reflecting that viewpoint, including a series of laws loosening gun control that became effective in September.

The legislation, which was passed after a church shooting in Sutherland Springs left 26 people dead, made it legal for people to bring guns in church, along with other public places.

“Had that law not been passed that allowed these people to be armed, I fear we could have lost hundreds,” Texas Attorney General Ken Paxton said in an interview with Fox News.

But gun safety advocates argued that the shooting itself wouldn’t have happened if the U.S. − and Texas − had stronger gun regulation.

“Media referencing the White Settlement shooting owe the public a nuanced discussion; we need watchdogs to make sure it’s so,” tweeted Shannon Watts, founder of gun safety group, Moms Demand Action.

“Two are dead due to Texas’ lax gun laws; a man with a long criminal history was able to access a long gun,” she added.

According to media reports, the assailant’s criminal history includes charges of assault, theft, arson and possession of an illegal weapon in Texas, Oklahoma and New Jersey.

Texas had the 25th highest rate of gun homicides in the U.S from 2008 to 2017, according to research compiled by Everytown, the gun safety group that runs Moms Demand Action.

Divisions around the shooting in Texas come amid a broader political debate over gun safety in the U.S. The issue is a major topic among Democratic presidential candidates who are running for the right to take on Trump next November. Leading candidates, including Elizabeth Warren and Joe Biden have advocated for universal background checks and closing loopholes that allow people to buy guns more easily from unlicensed sellers or online.

Mike Bloomberg, a late entrant to the race, has made gun safety is a seminal issue in his campaign. Bloomberg helped found Everytown and he remains a major financial backer of the organization. His financial support helped Democrats in Virginia take back state government in November, in an election that featured gun regulation as a leading issue.

In addition to closing loopholes and requiring universal background checks, Bloomberg has said that, if elected president he would pour $100 million a year into local violence intervention programs and at least $100 million for public health research into gun violence.

Trump, whose White House bid benefited from $30 million from the NRA in 2016, has said he wants to ensure the gun-rights lobby’s views are “represented and respected” in evaluating gun legislation, including H.R. 8., a bill that mandates background checks.

H.R. 8 passed the Democratic-controlled House in February, but has yet to come to a vote in the GOP-controlled Senate. Senate Majority Leader Mitch McConnell has said he will not put any bill up for a vote unless he is sure that Trump would sign it.

In a tweet on Tuesday, Trump praised the benefits of allowing guns in church.

“If not for the fact that there were people inside of the church that were both armed, and highly proficient in using their weapon, the end result would have been catastrophic,” he wrote.


Company: cnbc, Activity: cnbc, Date: 2019-12-31  Authors: lauren hirsch
Keywords: news, cnbc, companies, control, rallying, sides, debate, cry, church, white, trump, including, gun, texas, safety, settlement, deadly, passed, shooting


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