Misconduct by aid workers. Uk charity, Plan International, admits to six cases of sexual abuse and exploitation of children by its staff and associates. A cold weather alert as britain braces itself for an arctic blast from russia dubbed the beast from the east. Philip will tell us more. Good morning. Dry and bright and sunny this weekend for all of the British Isles. A bit chilly. Next week, things get much more cold. We could seei real return of winter. I will see a real return of winter. I will have more information injust 15 minutes. Good morning. First, our main story. Team gb is celebrating its best ever Winter Olympics, after billy morgan won bronze in the mens snowboard big air. Taking them past the four won in 192a and 2014. The Womens Curling Team faces japan in a bronze medal match later this morning. At the age of 28, morgan was the oldest snowboarder competing in the final, and fell on his first jump, but came back with two good runs to finish less than one point from silv
Cspan. Org, or on our free radio app. Next, we take you to the washington, d. C. Convention center where the senate commerce, science and Transportation Committee held a field hearing today. They looked at emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to en
Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automated vehicles offer perhaps the largest potential gains in all these areas. More than 37,000 people lost their lives on u. S. Roads, a troubling increase from the year before. Many crashes were the result of human error. Asleephich cannot fall or become distracted, could potentially save thousands of lives every year. May spur economic activity. The wide adoption will spur a new passenger economy worth 7 trillion over the next few decades. To they will pro
It is pretty small. We are looking at small moves for the major averages. A mixed point at this point picture at this point. Really tells us investors remain uncertain about so many macro concerns out there, from geopolitical concerns, uncertainty in d. C. , watching Hurricane Irma and the impact force since four sections in the financial market. Believes that in the relatively near term, we are going to see new highs for the major averages. Despite the bearish activity that julie was talking about, over the mediumterm, new h ighs. We will see if that happens. Kroger down 6 after the Grocery Store beat sales estimates. But they abandoned the practice of providing longerterm guidance. It is thought this has to do with the competition of amazon coming on. Investors not liking that. Equifax down, plunging, a big breaching that could affect 143 million american consumers. Chipotle down 4 . Cowan is downgrading shares to an underperform. The analyst says he believes sales may trail estimate
And it could result in lives lost unless we have enforceable rules and regulations that protect the traveling public, not just the folks who may be behind the wheel but also passengers in vehicles out on the roads today. Driving continues to be one of the deadliest activities. The reason the framework issued yesterday concerned me so greatly is that it depends on voluntary selfassessment by the industry as opposed to mandatory rules. It was termed by one report even less burdensome than the voluntary one issued under the obama administration. The net effect would be to leave enforcement virtually toothless. So i am putting to you the question, to all of the witnesses here today, isnt it necessary to have mandatory rules and regulations enforced by the government, by the department of transportation or some enforcer to protect the traveling public . I think thats absolutely true. There has to be weve seen too many examples of and thats one of our concerns, is whether or not theres going