Uber employees are chatting with each other about Uber’s leadership on anonymous workplace app Blind

the_new_uber_app_04b Uber employees have flocked to an anonymous workplace app called Blind as a sort of catharsis since ex-Uber engineer Susan Fowler Rigetti posted about being propositioned and discriminated against while working for the company, according to Blind’s founder Alex Shin.
Rigetti’s explosive post went viral late Sunday night, leading to more than double an increase of Uber employees… Read More

Caisse de depot CEO says he hopes Bombardier contract dispute is resolved out of court

MONTREAL — The chief executive of Canada’s second largest pension fund, which owns a 30 per cent stake in Bombardier Inc.’s transportation division, said on Friday he hopes that a dispute between the company and Toronto’s transportation agency over a rail car contract will be resolved out of court.

Bombardier and Metrolinx, the provincial agency in charge of transportation in and around Toronto, have repeatedly clashed over lengthy delivery delays on a contract for light rail cars.

Michael Sabia, chief executive of the Caisse de depot et placement du Quebec, acknowledged that the plane and train maker needed to make improvements in delivering the rail cars, but said Bombardier was “making progress.”

Sabia said he did not think that the conflict with Metrolinx would have a long-term impact on Bombardier.

“I think it’s a difficult circumstance right now,” he told reporters in Montreal. “But one of the good things about black eyes is that they heal.”

Bombardier shares were down more than 4 per cent in afternoon trading.

Bombardier is seeking a court injunction at a hearing on March 21 in response to “unjustified threats to terminate” the contract for 182 cars, the company said in a Feb. 10 statement. Metrolinx previously filed a notice saying it wanted to terminate the contract.

“We’re very hopeful that (the) situation is resolved amicably through negotiations and not through a long period of legal action,” Sabia said.

Olivier Marcil, a spokesman for Bombardier, said by email that the hearing should “bring Metrolinx to resume good-faith discussions.” Marcil said Bombardier is achieving its project milestones in Ontario, after on Friday making its first delivery to the Waterloo transportation agency, for a separate light rail contract.

Bombardier in 2010 won a roughly $770 million contract to deliver 182 vehicles between 2013 and 2020. The light-rail vehicles are to be used in a new transit project crossing Toronto due to open in 2021, after Metrolinx pushed back its planned launch by a year.

© Thomson Reuters 2017


Uber says it’s “absolutely not” behind a smear campaign against ex-employee Susan Fowler Rigetti

Taxi app Uber has this week announced its development of a feature which will allow customers to plan rides 30 days ahead free of charge. Competitor app Lyft already has a plan ahead function, which Uber calls Scheduled Rides which it is currently testing in San Francisco. (Photo by Jaap Arriens/NurPhoto via Getty Images) Uber is under attack once again today as the Twittersphere quickly concluded it was behind a smear campaign against a former engineer for the company, Susan Fowler Rigetti, who dropped a scathing blog post earlier this week detailing sexual harassment claims while working at Uber over the course of a year.
Rigetti tweeted today people were being contacted for “personal and intimate… Read More

Elon Musk addresses working condition claims in Tesla staff-wide email

Elon Musk Tesla CEO Elon Musk has shared the results of his own investigation into factory working conditions at the carmaker, following accusations by employee and union advocate Jose Moran made in a Medium post earlier this month. Musk’s lengthy email was sent to all Tesla employees, and addresses all areas of concern raised by Moran, including safety, compensation and work hours. The Tesla CEO… Read More

Volkswagen’s e-Golf gets a range boost to 125 miles for 2017

e-golf_3578 The e-Golf, Volkswagen’s electric version of its popular compact car, officially gets around 50 percent more range this year than it did in the previous model. That means it now has an EPA rating of 125 miles on a single charge (via Autoblog), compared to 83 miles before. The 125-mile range is still a far cry from the Chevy Bolt’s industry-leading EV range, but the e-Golf is not… Read More

Embark’s self-driving truck is ready to assist human drivers

nevada-1-8 Self-driving trucking startup Embark is revealing its tech for the first time, showing off a competitor for Uber’s Otto that uses neural networks and deep learning to teach trucks how to drive themselves through their own processes of practice and trial and error. Embark’s trucks are also approved to test on Nevada roads, hence the desert scenery you see in the video above, and in… Read More

Magna International Inc profit misses expectations as costs rise and sales slide

Canadian auto parts maker Magna International Inc. reported a lower-than-expected quarterly profit as costs rose.

Aurora, Ontario-based Magna said the cost of goods sold jumped 7.7 per cent to US$7.90 billion in the fourth quarter ended Dec. 31.

Magna, which is primarily an auto parts supplier, also assembles cars under contract from motor vehicle manufacturers. Its biggest customers include General Motors Co, Volkswagen AG, BMW and Ford Motor Co.

Vehicle assembly sales in the quarter fell about 30 per cent to US$439 million.

The company said it expects total 2017 sales to be between US$36.0 billion-US$37.7 billion, compared with sales of US$36.45 billion in 2016.

Net income attributable to Magna rose to US$478 million, or US$1.24 per share, in the fourth quarter, from US$476 million, or US$1.17 per share, a year earlier.

Excluding items, the company earned US$1.31 per share, missing the average analysts’ estimate of US$1.36, according to Thomson Reuters I/B/E/S.

Magna’s total sales rose 8 per cent to US$9.25 billion, beating estimates of US$9.23 billion.
© Thomson Reuters 2017

World View’s ‘stratollites’ and new spaceport aim to change the business of space

147a0519 At World View’s new headquarters in Tucson, Arizona, the paint is barely dry on a gleaming new structure located near the airport, and just down the road from defense contractor Raytheon. The facility dominates the landscape, and reflects the enormity of World View’s main goal, which is nothing short of carving out a brand new and unique market for commercial spaceflight operations. Read More