The federal government is set to launch a research effort into automated vehicles' safety and reliability, said David Strickland, head of the National Highway Traffic Safety Administration. "Automated vehicles offer an important and challenging method for reducing crash risk that we [believe] holds great promise. We have the chance of ... saving thousands and thousands of lives as" such cars replace those on the road today, Strickland said.
A U.S. District Court ruled that the Chicago Board Options Exchange did not infringe a patent titled "Automated Exchange for Trading Derivative Securities," which is held by the International Securities Exchange. Molly McGregor, head of corporate affairs at ISE, said the exchange plans to appeal. "We were disappointed by the judge's decision and disagree with the court's interpretation of the issues at hand," McGregor said.
Citibank is propelling technology throughout its consumer-bank business with the use of videoconferencing, interactive touch-panel technology and mobile devices. "As a bank there is a priority on using innovation and technology to serve our clients, and we are getting better and better at utilizing operating systems on mobile devices," says Jonathan Larsen, Asia-Pacific head for consumer banking at Citibank, who acknowledges there are still a few IT adoption challenges in the banking industry.
Leaders are having to adjust their management strategies as more companies turn to temporary workers, Wayne Turmel writes. The best approach is to treat temps like full-fledged members of the team, with an eye on making a permanent hire down the road. He offers six tips on managing temps, including giving new recruits a thorough introduction, access to information and a chance to participate in decision making.