New research shows that it’s possible to end the practice of using people as ‘human bait’ to catch and test the blackflies that spread river blindness (onchocerciasis). The study by international non-profit Sightsavers in…
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Apple updated its App Review Guidelines page on Thursday, introducing changes to the handling of personal data sharing and the requirements that must be met before doing so. Noncompliant apps could be removed from the App Store.
Tesla announced on Thursday it is recalling about 10,500 units of its Powerwall 2 home battery power systems in the US for fire and burn hazards after receiving 22 reports of overheating.
The US Consumer Product Safety Commission said the recall covers systems that “may fail and overheat”, raising the risk of serious injury or death, though no injuries have been reported.
The Powerwall 2 is a residential energy-storage unit that integrates with solar-panel systems, storing electricity for self-consumption, shifting usage to lower-cost periods and providing backup in grid outages.
The defect stems from certain lithium-ion battery cells that may overheat under certain conditions, smoke or ignite. In a few cases the defect has caused property damage, according to the recall notice.
Tesla said it is remotely limiting the charge on affected units to minimize risk while it arranges free replacements for customers.
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The recall draws attention to Tesla’s battery-cell suppliers and comes as its energy-storage business plays a growing role in the company’s expansion beyond electric vehicles.
Nov. 13 (UPI) — Doubts about a potential third Federal Reserve rate in December triggered an 800-point drop in the Dow Jones Industrial Average on Thursday after setting a record high a day earlier.
The Dow closed higher than 48,000 for the first time on Wednesday, but Investopedia reported a steep decline on Thursday amid concerns over the Federal Reserve rate.
The Dow reached a daily high or 48,211.83 during morning trading on Thursday but declined steadily afterward to a low of 47,431.43 and closed at 47,457.22, which is a drop of 797.60 and 1.65% for the day.
The Nasdaq and S&P 500 likewise posted downturns during the day’s trading, with the Nasdaq closing at 22,870.36, which is a decline of 536.10 and 2.29%.
The S&P 500 dropped by 113.43 and 1.66% when it closed at 6,737.49.
Analysts largely attributed the declines to concerns regarding the Federal Reserve and whether it will approve a third quarter-point rate reduction before the year’s end, according to CNBC.
In October, analysts placed a 95% confidence in a December rate cut, but confidence has declined to about 49% due to a lack of data because of the record 43-day federal government shutdown ended following President Donald Trump’s signing of a funding measure on Wednesday.
The Federal Reserve Open Market Committee is scheduled to meet for two days on Dec. 9 and 10, but committee members have grown more doubtful of another 0.25% rate cut due to the effects of the government shutdown and the president’s often-changing tariff policies.
The current rate is between 3.75% and 4% after the Federal Reserve committee approved a 0.25% rate reduction on Oct. 29.
This annual meteor shower lights up the night sky every November and will soon peak on Nov. 16 and 17. Although they happen every year, the Leonids provide undeniably dramatic views and a…
