Manufacturers are expected to spend about $9.2 billion by 2025 for a new line of less-expensive, smarter robots, according to a report by Loup Ventures. Known as co-bots, the robots use motion and force-detection sensors to analyze their surroundings and work side-by-side with humans.
China's e-commerce website, JD.com, held an 18-day sales event celebrating the company's anniversary on June 18, and brought in $17.6 billion in sales. The company reports increasing its sales volume by 50% from last year.
Alphabet's Waymo self-driving project could be worth $70 billion if it spins off into its own company, according to Morgan Stanley analysts. Waymo's self-driving system is more advanced than other platforms, analysts said, which is why its valuation is higher than Ford, Uber and Tesla.
President Donald Trump has mapped out a plan to streamline federal, state and local regulations while helping modernize the process of infrastructure building. To help project developers better navigate the permitting process, Trump has proposed creating a new office within the Council on Environmental Quality.
Mental toughness means thinking of challenges as opportunities to overcome, writes LaRae Quy, who lists seven ways of thinking to get away from. Don't pretend pain or negativity can be avoided, or that emotions can't surface, and don't pretend you're nothing but a victim, she writes.
The years can take the toll on your passion, and taking a break is one way to regain some of that enthusiasm and drive, writes Dan Black. After that, consider focusing on the positive differences you make in your employees' lives and what your purpose is in leadership.
Rhode Island's Newport Pell Bridge was renamed in 1992, becoming the Claiborne Pell Bridge, but the Rhode Island Turnpike and Bridge Authority still uses the old name. Authority director Buddy Croft said it's "a Rhode Island thing" to hang on to the old names for places, something that some other states also do.
The Florida Department of Transportation opposes adding tolls to US 1 in the Florida Keys, but Monroe County commissioners will explore the idea nevertheless. The tolls, applied only to nonresidents, would be used to improve "water quality, to support infrastructure investment as mitigation against global climate change and sea level rise, and for other pressing needs within the Florida Keys."
The road that connects Nairobi to the port of Mombasa in Kenya is only one lane in each direction and suffers heavy congestion with trucks going to and from the port. It's going to get a $2.2 billion upgrade to add a lane in each direction, and tolls will help recoup the cost.
Autonomous vehicle startup Optimus Ride plans to begin testing vehicles in Massachusetts after receiving approval from the state's Department of Transportation. The company, a Massachusetts Institute of Technology spinoff, plans to test electric, fully autonomous vehicles.