How much middle class make in california

Share to Twitter Share to Linkedin So goes California, and so typically goes the country. And the North American automotive industry along with it. That's possibly the case with California and its battle over data. There is no question the automotive manufacturers want data from hundreds of sensors for a multitude of reasons ranging from warranty reduction, repair prognostics, machine learning of safety-related systems and, yes, advertising revenue. As the former CEO of Ford, Mark Fields, announced to the world in 2016 , "As our vehicles become part of the Internet of things and as consumers give permission to us to collect that data, we'll also become an information company. Our differentiator will be how we use that data to satisfy our customers in ways that they never thought possible in their lives." In fact, it's projected by 2023 that worldwide sales of connected vehicles will surpass 76 million units (70% globally, 90% in the United States) with … [Read more...] about Privacy Battle Over Connected Cars Takes An Interesting Turn In California

Share to Twitter Share to Linkedin Topline A Los Angeles judge ruled unconstitutional a state law mandating public companies save a board seat for women, unraveling one of the linchpins of the state's 2018 attempt at increasing gender equity. Key Facts Superior Court Judge Maureen Duffy-Lewis ruled that the law violated the right to equal treatment Friday. Duffy-Lewis agreed with the arguments made by conservative legal group Judicial Watch, which sued the state over the law in 2019 arguing it violated the right to equal treatment and discriminated based on sex. The state argued the law didn’t establish a quota because there was no requirement for men to be removed to make room for women. The state also denied the law was unconstitutional because it was reversing a culture of discrimination that favored men and put in place after failed attempts to rectify the culture. The state attorney general’s and governor’s office did … [Read more...] about California Law Requiring Women On Corporate Boards Ruled Unconstitutional

Share to Twitter Share to Linkedin Donald Trump, Jr. has weighed in on student loan forgiveness — and here’s what he said. Here’s what you need to know. Student Loans Trump sharply criticized President Joe Biden’s potential plan to cancel student loans for millions of Americans. “Biden essentially wants blue-collar workers like truck drivers — who didn't have the luxury of going to college to get drunk for four years — to bail out a bunch of upper-middle-class kids who chose to spend tens of thousands of dollars that they didn't have on worthless gender study degrees,” Trump told The Washington Post. Trump is referring to one major criticism of wide-scale student loan cancellation . As many Republicans have argued, Americans who didn’t go to college or who couldn’t afford to go to college would pay student loan debt for the select few who could. According to the latest student loan debt statistics , approximately 80% of adult Americans don’t … [Read more...] about Student Loan Forgiveness Makes Blue-Collar Workers Pay For ‘Worthless Gender Study Degrees,’ According To Donald Trump, Jr.

A California judge struck down a 2020 law Friday requiring public companies to meet racial or sexual minority quotas for their board of directors. Conservative legal advocacy group Judicial Watch sued California on behalf of three taxpayers in October 2020 to block the enforcement of Assembly Bill 979, which required publicly-held corporations to give positions on its board of directors to members of “underrepresented communities,” including those who identify as a racial minority or gay, lesbian or transgender. The law levies penalties against companies who fail to comply with the requirements. Judicial Watch alleged that taxpayer funding of the bill was illegal under the state constitution as the bill discriminates on the basis of race or sexual preference, and that enforcement of the law through compiling and reporting demographic data would have created an ongoing cost for taxpayers in the hundreds of thousands of dollars. BREAKING: A California court ruled … [Read more...] about California Judge Throws Out Corporate Diversity Mandate

Share to Twitter Share to Linkedin Motional, the automated driving joint-venture owned by supplier Aptiv APTV and Hyundai has finally moved into the delivery market. Beginning this week, Hyundai Ioniq 5s using Motional’s automated driving system will begin meal deliveries in Santa Monica, California on the Uber UBER Eats network. Until now, Motional and its precursor companies nuTonomy, Delphi and Aptiv have focused their efforts on carrying passengers. Aptiv began operating a robotaxi service with safety drivers on the Lyft LYFT network in Las Vegas in mid-2018 and before that both nuTonomy and Delphi have been involved in pilot first-mile/last-mile programs in Singapore. Motional also recently launched robotaxi operations with a second partner in Las Vegas, Via. This new pilot marks the first automated delivery program with Uber Eats. Interestingly, Uber Eats never partnered with Uber’s former Advanced Technology Group which was sold off to … [Read more...] about Motional Begins Automated Deliveries With Uber Eats In California

Eeshan Sharma, COO & Co-Founder, Mehul Nath Jindal, CEO & Co-Founder, Shyam Murugan, CTO & Co-Founder Bengaluru-based fintech startup BharatX raised $4.5 million in seed round from Y Combinator , 8i Ventures, Multiply Ventures, Soma Capital and others investors to enable embedded credit in the Indian market, the company said on May 12. The Y-Combinator-backed startup plans to use the funds to build and expand its team, work on products and expand footprint. Existing investor Java Capital also participated in the round, which also saw participation of several marquee angels including Arash Ferdowsi, Co-founder, Dropbox, Harshil Mathur, CEO & Co-Founder of Razorpay,  Shashank Kumar, Founder of Razorpay, Varun Alagh, Co-founder & CEO of Mamaearth, Kunal Shah, Founder and CEO of CRED, Ankur Aggarwal, Co-founder of Dunzo, and Vikas Choudhury, President of Reliance Jio. ''We want to give the middle class of India easy access to credit products that they … [Read more...] about Y-Combinator-backed BharatX raises $4.5 million in seed round

Share to Twitter Share to Linkedin Student loan debt in 2022 is now more than $1.7 trillion. The latest student loan debt statistics for 2022 show that there are 45 million borrowers who collectively owe approximately $1.7 trillion in student loan debt. Student loan debt is now the second-highest consumer debt category — second only to mortgage debt and higher than debt for both credit cards and auto loans. The Covid-19 pandemic has significantly impacted student loans. In March 2020, Congress responded with historic student loan relief, including pausing federal student loan payments. Both President Donald Trump and President Joe Biden extended the student loan payment pause multiple times. Biden paused federal student loan payments through August 31, 2022. Student loan cancellation has become the hot topic with student loans. For years, progressives in Congress have lobbied Biden to cancel up to $50,000 of student loans. The president has called on … [Read more...] about Student Loan Debt Statistics In 2022: A Record $1.7 Trillion

Share to Twitter Share to Linkedin I ran into an old acquaintance at the 2022 ACT Expo in Long Beach last week. Terry O’Day has been involved with electric vehicles for over 25 years, and our paths have crossed, indirectly or maybe directly, here and there, over the years. O’Day is currently the Chief Operating Officer of InCharge Energy , and we talked about how InCharge fits into the fleet charging environment in 2022, how thinking through total cost of ownership convinces fleet managers and how cheap solar panels can show us a way to get more EVs to more people . But first, a bit of history . Terry O’Day : I’ve been in the EV charging business since 1996, it was my first job in my career and this is my fifth EV startup. My wife worked on the EV1 marketing and we were in the movie [2006’s Who Killed The Electric Car? ]. Sebastian Blanco : [ Disclaimer: I briefly appear in the sequel, Revenge of the Electric Car , released … [Read more...] about InCharge COO Terry O’Day: Fleet Charging EVs Is About To Get Real

New York (CNN Business) How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple answer is: You don't. Elon Musk has once again proven he'll do things his own way, announcing Friday that his $44 billion deal to buy Twitter is on hold . He shared this news in a tweet rather than in a formal filing with the Securities and Exchange Commission. The drama over the deal has continued to play out in a series of tweets between Musk and the company. Because the SEC ruled back in 2013 that using Twitter and other social media platforms are an acceptable way for public companies to disclose material information, this might be one of the legal ways he's flouted convention. But many other moves by Musk over the years have broken actual rules, not just skirted norms, yet none of it has slowed him down or changed his behavior. The financial penalties that regulators or business partners might put … [Read more...] about Elon Musk proves once again that the rules don’t apply to him

Share to Twitter Share to Linkedin It was 46 years ago Paul McCartney answered his critics and John Lennon, who claimed he often wrote songs that were too corny and sentimental, with the No 1 smash, "Silly Love Songs." In the song's opening stanza, McCartney sings, “You’d think that people would have had enough of silly love songs/I look around me and I see it isn’t so/Some people want to fill the world with silly love songs/And what’s wrong with that?/I’d like to know/’Cause here I go again.” Though McCartney wrote the song somewhat tongue in cheek, like so many geniuses, he turned out to be stunningly prophetic. Because watching McCartney Friday night at L.A.'s Sofi Stadium it was abundantly clear how much the world still needs his silly love songs. The eternal optimism of McCartney, at least publicly, is the ninth wonder of the world. Most perceptive people look at the world, and even before the horrific racially motivated shootings that happened … [Read more...] about Why The Eternal Optimism Of Paul McCartney Never Goes Out Of Style