DOGE loses control over government grants website, freeing up billions
The U.S. DOGE Service has lost the power to control the government's process for awarding billions of dollars in federal funds, the latest sign of the team's declining influence following Elon Musk's high-profile exit from Washington, according to two people familiar with the situation and emails obtained by The Washington Post.
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Business Insider
6 minutes ago
- Business Insider
Tesla's first fully autonomous car drove itself to its new Texas owner, doing 72 mph on the highway, an engineer says
Elon Musk on Friday announced Tesla had accomplished a major self-driving milestone: The company's first fully autonomous Model Y drove itself to its new home. "The first fully autonomous delivery of a Tesla Model Y from factory to a customer home across town, including highways, was just completed a day ahead of schedule!!" Musk said in a post on X. Tesla's much-anticipated launch of its Full Self-Driving technology has been repeatedly delayed over the years. Musk initially promised Tesla's cars would demonstrate full autonomy by the end of 2017. Despite the persistent delays, the Model Y delivery still marks a major success for the company. Musk, in his posts on X announcing the feat, added: "There were no people in the car at all and no remote operators in control at any point. FULLY autonomous! To the best of our knowledge, this is the first fully autonomous drive with no people in the car or remotely operating the car on a public highway." While the Model Y's highway voyage makes it among the first passenger vehicles to drive itself on an interstate without a human operator, Waymo autonomous cars were granted regulatory approval to start testing their driverless capabilities on freeways in 2024, according to their website — however, while testing is underway, Waymo's robotaxis can't take riders on the highway yet. Self-driving freight trucks from Aurora have also been operating in Texas since early May, including traversing Interstate 45, where the typical speed limit is between 70 and 75 miles per hour. Ashok Elluswamy, a Tesla engineer, said in a separate post on X that the Model Y achieved a maximum speed of 72 miles per hour on the highway. Responding to Elluswamy, Musk said the pace was "Zippy!" The exact route that the Model Y took or the speed limits along the way were unclear.
Forbes
8 minutes ago
- Forbes
In The End, Auckland City's FIFA Club World Cup Involvement Came Good
Christian Gray (left) produced one of the moments of the tournament so far. Back home in New Zealand, Christian Gray will soon be sharing something special with his students. They may even already know. As he and his Auckland City teammates approached their final Group C encounter with Boca Juniors at FIFA's Club World Cup in the United States on Tuesday, they would have feared the worst. Already eliminated from the tournament, Auckland, a semi-professional team, had let in 10 (ten) goals against Bayern Munich and six against Benfica. Meanwhile, Boca's hopes of qualification from the group hung in the balance; it required a Bayern victory in the other game and a goal rush, a possibility against the underdog, whose players work full-time jobs or study outside of soccer. As it happened, neither transpired. Not only that, Auckland produced one of the shocks of the competition—a highlight from a group stage that has seen Botofogo defeat Paris Saint-Germain and Flamengo upend Chelsea. Trailing in the second half, a corner arrived, and trainee teacher Gray nodded in a precious goal, which ultimately earned a point against a giant of South American soccer, one that has lifted the Copa Libertadores trophy six times and previously boasted the talents of legendary Diego Maradona. Despite Boca knowing elimination loomed large, it was impressive. Standing Proud Auckland City's players' market values are in the thousands of dollars, far adrift of the million-dollar mark—this in a tournament where the finest soccer talents are worth around nine figures in the transfer market. Their professions range from sales representatives to community coaches, and Auckland's winnings of roughly €4 million ($4.5 million) from the Club World Cup—peanuts to elite clubs—is a fortune for an entity and federation not used to dealing in such sums. Auckland's ratio of goals conceded to goals scored was 17:1 in the United States. The side qualified for the event as a top performer in its region. Had professional outfits from Australia been competing in the OFC Champions League—for clubs from Oceania—rather than with Asia's finest in the AFC Champions League, one of them might have made the Club World Cup in Auckland's place. 'Oceania's club football is deeply rooted in local communities, similar to Europe, although most clubs remain amateur,' the Auckland City general manager, Gordon Watson, told me before the U.S. adventure. 'We recognise the challenges, particularly around resources, but our key strength lies in our people.' FIFA's transformed competition is now heating up. The knockout stages see an all-Brazilian contest between Botofogo and Palmeiras, European matchups Benfica versus Chelsea and Real Madrid against Juventus, Flamengo's samba flair against Bayern Munich's precision, and Inter Miami's Lionel Messi facing ex-employer Paris Saint-Germain. Inter Milan vs. Fluminense, Manchester City vs. Al-Hilal, and Borussia Dortmund vs. Monterrey complete an intriguing set. Meanwhile, Auckland City, not to be confused with Auckland FC, is switching focus to games in the country's more modest regional leagues. It's a name that, for all its local identity, has taken on all comers around the globe and achieved a third-place finish at the Club World Cup in 2014. Now, after exiting the latest installment with the memory of a famous goal and result, which its outfield players could barely believe, it can consider the experience a success. FIFA's controversial Club World Cup is a work in progress. At least Auckland City's ride ended well.
Wall Street Journal
9 minutes ago
- Wall Street Journal
The Power of Positive Thinking about Deregulation
Economic growth was negative in the first quarter, government-imposed costs on trade have risen this year, federal debt continues to soar, stocks are richly priced relative to their earnings, and Congress is laboring just to prevent massive tax hikes scheduled for the end of the year. Yet equity investors keep expressing confidence in U.S. business. The Journal's Karen Langley and Krystal Hur report:
