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US regulators to seek more input for autonomous rules

Bloomberg US transportation regulators plan to take another step towards rewriting federal rules hampering the development and adoption of autonomous technologies— from cars and trucks to buses and trains. Department agencies will issue additional requests for comment to gather input from companies and the public on what rules affecting transport should change or be eliminated, Transportation Secretary Elaine Chao said. ...

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BMW sees 5 Series, new X2 fuelling sales increase

Bloomberg BMW AG is betting an overhauled 5Series sedan and new X2 crossover will boost sales this year as the world’s second-biggest luxury carmaker works on its pledge to retake the global lead from Mercedes-Benz. Those models, plus an updated X3 utility vehicle, should carry BMW to gains in all markets, including the US and China, Chief Financial Officer Nicolas ...

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Carillion’s demise shines a light on UK pensions shortfall

Bloomberg The collapse of Carillion Plc with more than half a billion pounds of unfunded pension commitments may increase pressure on some of the nation’s biggest companies to plug their own funding gaps. The construction and services giant employs almost 20,000 people in Britain and has a pensions shortfall of 587 million pounds ($811 million). The government-backed Pension Protection Fund ...

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