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ECSL ANNOUNCES THAT ITS SUBSIDIARY, CYBERFUELS INC., HAS SIGNED AN MOU WITH MABANAFT GMBH & CO. KG TO POTENTIALLY DEVELOP NEWLY ACQUIRED LAND IN PORT TAMPA, FLORIDA
ECSL ANNOUNCES THAT IT'S SUBSIDIARY, CYBERFUELS INC., HAS COMPLETED THE PURCHASE OF OVER 71 ACRES OF LAND AND WATERWAYS IN PORT TAMPA FLORIDA FOR ITS NEW GREEN ENERGY CAMPUS
Apple's number of autonomous driving test vehicles in California reached 69, far exceeding Tesla's
According to data from the California Motor Vehicle Administration, Apple currently has 69 autonomous test vehicles and 92 test drivers in California, far more than Tesla. The data shows that since May of this year, Apple has added an autonomous test vehicle and 16 drivers in California. Its autonomous test fleet is now the third largest in California, behind Google's autonomous driving subsidiary Waymo and GM's Cruise. By comparison, Tesla had 22 autonomous vehicles and 86 drivers in California as of the end of July. The data collected by Apple's autonomous vehicle fleet could help this
Federal Reserve Daly: Code cuts may begin at the end of this year or the beginning of next year
Mary Daly, Governor of the Federal Reserve Bank of San Francisco, said that the Federal Reserve may begin to reduce asset purchases later this year or early 2022. “I'm looking at factors such as the continued progress of the labor market, the continued control of the COVID-19 pandemic, and the increase in vaccination rates. These are the most basic factors we use to judge the economy on the scale of substantial progress,” Daly said in an interview with PBS on Wednesday. “I think one model prediction that is most likely to happen is that by the end of this year or the beginning of next year, we will act on assets to reduce the size of asset purchases.”
Bank cash overflows that force them to refuse deposits are all harmed by the Federal Reserve?
Original title: Bank cash overflow forced to refuse deposits, all harmed by the Federal Reserve? Some banks with abundant deposits are encouraging corporate customers to use cash for their own business or move elsewhere. Banks refuse cash deposits, which is an unusual situation. US companies hold billions of dollars in cash, yet banks aren't sure what to do with this money, so some banks are encouraging corporate customers to consider other options. What bothers many large banks is the Federal Reserve's SLR rule for commercial banks — commercial banks must hold bank capital equivalent to at least 3% of all assets. Due to concerns about this regulation during the pandemic
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