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Waymos blocked roads and caused chaos during San Francisco power outage

Waymos blocked roads and caused chaos during San Francisco power outage

By JAIMIE DING and MICHAEL LIEDTKE

SAN FRANCISCO (AP) — Many of Waymo’s self-driving cars blocked streets of San Francisco during a mass power outage Saturday and forced the company to temporarily suspend service, raising questions about the cars’ ability to to adapt to real-world driving conditions.

Social media users posted videos of Waymos as they encountered traffic lights that were off. Some cars’ hazard lights blinked and they abruptly stopped in place, failing to cross the intersection. Others stopped in the middle of the intersection, forcing other cars to swerve around them.

The power outage affected 130,000 homes and businesses in San Francisco, nearly one-third of the customers served by Pacific Gas and Electric Co. It was caused by a fire at a power substation, officials said. On Monday, the utility company was still working to restore power to thousands of customers.

Waymo operates hundreds of robotaxis in San Francisco, but it wasn’t clear how many cars were on the road at the time of the outage. The company paused service Saturday evening and resumed it Sunday afternoon. read more

Instacart ends a program where users could see different prices for the same item at the same store

Instacart ends a program where users could see different prices for the same item at the same store

NEW YORK (AP) — Instacart said Monday that it’s ending a program where some customers saw different prices for the same product ordered at the same time from the same store when using the delivery company’s service.

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The program was meant to help grocers and other retailers learn more about what kinds of prices customers would pay for items, similar to how stores offer different prices for the same products at different locations. But it raised alarms after a report from Consumer Reports and two progressive advocacy groups, Groundwork Collaborative and More Perfect Union, said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices in an experiment. read more

What to do with a windfall

What to do with a windfall

By Kate Ashford, NerdWallet

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

The first rule of windfalls is to understand that everyone will handle coming into some extra cash differently. People have varying obligations, responsibilities and personal styles.

“We have 73 households that we work with,” says James Bryan, a certified financial planner with Hyland Lake Partners in Edina, Minnesota. “The answer is going to be different for each and every one of them.”

That said, there are some helpful rules of thumb: Don’t start spending money right away, for instance.

“I’d suggest the person take a step back to soak it all in,” says Uziel Gomez, a CFP with Primeros Financial in Los Angeles. Whether it’s an inheritance or a lotto win, he says, “there will be a lot of emotions at play.” read more

A small town’s American Dream is at risk. What happens when its biggest employer shuts down?

A small town’s American Dream is at risk. What happens when its biggest employer shuts down?

By JESSE BEDAYN

LEXINGTON, Neb. (AP) — On a frigid day after Mass at St. Ann’s Catholic Church in rural Nebraska, worshippers shuffled into the basement and sat on folding chairs, their faces barely masking the fear gripping their town.

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A pall hung over the room just as it hung over the holiday season in Lexington, Nebraska.

“Suddenly they tell us that there’s no more work. Your world closes in on you,” said Alejandra Gutierrez.

She and the others work at Tyson Foods’ beef plant and are among the 3,200 people who will lose their jobs when Lexington’s biggest employer closes the plant next month after more than two decades of operation. read more

ULA President and CEO Tory Bruno steps down

ULA President and CEO Tory Bruno steps down

United Launch Alliance’s leader for the last 12 years has stepped down.

ULA President and CEO Tory Bruno has resigned as of Monday to “pursue another opportunity,” according to a shared statement from the board chairs from Lockheed Martin and Boeing, which share a 50% ownership of the rocket company.

“We are grateful for Tory’s service to ULA and the country, and we thank him for his leadership,” reads the statement from ULA Lockheed Martin Board Chair Robert Lightfoot and ULA Boeing Board Chair Kay Sears.

Taking his place in an interim role will be John Elbon.

“We have the greatest confidence in John to continue strengthening ULA’s momentum while the board proceeds with finding the next leader of ULA,” the statement reads.

Bruno came into the role in 2014 from Lockheed Martin, where he had worked as an engineer before moving into corporate leadership roles. He took the ULA job during a period where it saw increased competition from SpaceX and had to shepherd ULA through rounds of layoffs. read more