That was what happened in October 2018, and again the following March, when the software forced down the noses of two of the new planes in a way their pilots could not overcome, causing crashes that killed 346 people.

The engineer’s acknowledgment is one of several revelations contained in a new report released Wednesday by investigators from the House Transportation Committee. The document details myriad gaps in oversight that allowed federal regulators to certify that the plane was safe to fly even though officials at both Boeing and the Federal Aviation Administration did not fully understand how it was designed.

After months of delays by the FAA, the investigators in May were allowed to view a draft “oversight report” written months after the initial Max crash in Indonesia. The February 2019 draft report considered Boeing’s actions in the years before the deadly incident, and its conclusions shocked investigators.

The FAA’s

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Large trucks can be dangerous on the road because they can weigh 20-30 times as much as passenger vehicles, so crashes with them are often particularly deadly.  In the United States, collisions involving large trucks have risen by nearly a third since hitting an all-time low in 2009, killing 4,136 people — 119 from rear-ending passenger vehicles —in 2018.

But there is good news. Large trucks with forward collision warning and automatic emergency braking (AEB) systems are much less likely to rear-end another vehicle, and equipping them with the technology could eliminate more than two out of five of those crashes. 

Those are the highlights of new research released earlier this month

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As he careens into the final weeks of his re-election campaign, Donald Trump faces discouraging numbers. Recent aggregated polling tells an interesting story – more interesting than the “convention bounce” narratives that proliferated for, well, a few days.

On his handling of the pandemic, the numbers are dismal – an 18-point gap, with 58% viewing Trump unfavorably; on his chaotic foreign policy, dismissing allies and coddling Vladimir Putin, he’s down by 13 points. Yet on the economy, there’s a ray of hope for the president’s supporters: favorable by 1%.

That reputation is undeserved. Fact is, since the Eisenhower administration, every eight years featuring Democratic presidents has shown better real economic growth than the Republican years before – without exception.

You never hear this, for two reasons: Democrats rarely talk about it, let alone brag about it. And, ever since Abe Lincoln, Republicans have been the party of big business; people

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DETROIT (AP) — Safety features such as automatic emergency braking and forward collision warnings could prevent more than 40% of crashes in which semis rear-end other vehicles, a new study has found.

The Insurance Institute for Highway Safety, a research group supported by auto insurers, also found that when the rear crashes happened, the systems cut the speeds by over 50%, reducing damage and injuries.

The institute called on the federal government to require the systems on new large trucks and said many truck fleet operators are already adding emergency braking on their own.

“Rear-end crashes with trucks and other vehicles happen a lot, often with horrible consequences,” said Eric Teoh, the institute’s director of statistical services who did the study. “This is an important countermeasure to that.”

Trucks with collision warning systems reduced rear crashes by 44%, while automatic emergency braking cut rear crashes by 41%, the study found.

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Vodafone’s stock hit the lower circuit twice after the decision

The Supreme Court’s decision on adjusted gross revenue (AGR) dues triggered sharp reactions among telecom stocks. Vodafone Idea shares nosedived by 20 per cent, while Airtel and RCom moved higher after the verdict. 

Vodafone Idea Limited which owes more than Rs 50,000 crore in AGR-related dues and has been slipping into debt over the last few quarters had sought 15 years to pay its part. Soon after the Court’s decision, the stock crashed despite halt in trading on two occasions after the stock hit the lower circuit. At 12:20 pm, the stock was down 19.92 per cent. 

Other major players however reacted positively to the verdict. Bharti Airtel which had also sought 15 years to pay its dues hit the day’s high, rising 5.60 per cent. At 12:20 pm, the stock had pared some gains but was still 4.87 per

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  • Stock-market moves that stray far from the norm are at a 20-year high, according to quantitative strategists at Societe Generale. 
  • The Federal Reserve’s growing interventions in markets, and lower liquidity, are among the reasons why so-called fat tails have grown larger. 
  • The quants expect that “wild swings” will remain a feature instead of a bug, and highlight the need for investors to cheaply hedge such events moving forward.  
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Whenever the literary powers that be gather to decide the 2020 word of the year, “unprecedented” should be a strong contender. 

At every turn, records that had previously been deemed insurmountable were shattered within a couple of weeks or days due to the COVID-19 pandemic. Investors were certainly not spared, as the assets they owned underwent stresses that had rarely been seen before.

It was

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