Daily Archives: October 17, 2017


Study: Self-driving Cars Could Ease Traffic, but Increase Sprawl

A new study inspired by Boston’s early experiments with self-driving cars finds that the technology could ease congestion, but might also lead to more cars on the road and further encourage urban sprawl. The report, released Tuesday by the Boston Consulting Group and the World Economic Forum, is a mostly optimistic take on how autonomous vehicles could change cities. Three companies are now testing self-driving cars in Boston’s Seaport District. One of them, NuTonomy, has also partnered with ride-hailing service Lyft to research how passengers book and route a self-driving …


Google’s Pixel 2: A Phone Built for Artificial Intelligence

What’s most fascinating about Google’s new Pixel 2 phone is what’s to come. The phone sets itself apart with promises to bake in Google’s powerful artificial-intelligence technology for quick and easy access to useful, even essential information. But much of the neat stuff will come later. The phone coming out Thursday is more of a teaser. To be sure, the Pixel 2 is a solid phone. It’s not as elegantly designed as an iPhone or a Samsung Galaxy phone. But it delivers a strong tie-in to Google’s services, including those …


US Homebuilder Sentiment Rises in October

U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose four points to 68 this month. That’s the highest reading since May. Readings above 50 indicate more builders see sales conditions as good rather than poor. The index has remained above 60 since September of 2016. According to the latest survey by FactSet, …


Forbes: Trump’s Net Worth Declined by $600 Million in Past Year

U.S. President Donald Trump’s net worth declined by some $600 million to $3.1 billion in the past year, according to Forbes magazine. The biggest contributing factor to Trump’s declining fortune was his real estate holdings, much of which is in New York City. Several of his Manhattan properties have declined in value, reducing his fortune in this sector by nearly $400 million. Some of Trump’s golf properties overseas and in the United States also have declined in value, the apparent result of potential guests being offended by Trump’s politics and …


Cybersecurity Firm: North Korea Likely Behind Taiwan SWIFT Cyber Heist

Cybersecurity firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. “The likely culprit is Lazarus,” BAE cyber-intelligence chief Adrian Nish told Reuters by telephone. The British firm has previously linked Lazarus to last year’s $81 million cyber heist at Bangladesh’s central bank, as have other cyber firms including Russia’s Kaspersky Lab and California-based Symantec Corp. BAE’s claim that Lazarus is likely …


Scientists: Plant More Trees to Combat Climate Change

Planting forests and other activities that harness the power of nature could play a major role in limiting global warming under the 2015 Paris agreement, an international study showed Monday. Natural climate solutions, also including protection of carbon-storing peat lands and better management of soils and grasslands, could account for 37 percent of all actions needed by 2030 under the 195-nation Paris plan, it said. Combined, the suggested “regreening of the planet” would be equivalent to halting all burning of oil worldwide, it said. “Better stewardship of the land could …