Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know. 1st Gear: This Would’ve Been Helpful Some Time Ago, Bob Diesel is in trouble. We can primarily thank Volkswagen’s global cheating scandal for this, but more and more automakers look like they were greasing emissions tests or just running up against regulations in some way or another. As a result demand for diesel is dropping off, even in its strongest traditional markets like Europe. On top of that, cities are cracking down on the fuel by proposing outright diesel bans within urban centers. It’s no wonder the car companies are rushing toward electrics instead. But a lot of jobs depend on diesel, and in the case of the Volkswagen Group, losing the fuel entirely would mean sacrificing significant investments. So VW must be thrilled that supplier Robert Bosch GmbH—yes, the one tied to its own … [Read more...] about Now Bosch Says It Has The Technology That Can Save Diesel
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How would the Senate-approved bill repealing the state capital gains tax exemption affect agriculture? Who primarily has used the exemption since it started?Since 2005, realized profits from in-state assets held at least five years have been exempt from state capital gains taxes. So, profit from long-term investments in land or livestock would be subject to the state capital gains tax if the exemption is repealed.Data on specific sectors of the economy and on business entities are not available. However, a September 2017 report to the Oklahoma Incentive Evaluation Commission, which analyzed personal income tax returns, said almost 84 percent of the benefit has gone to filers with at least $200,000 in personal income. University of Oklahoma economics professor Cynthia Rogers says two-thirds of the benefit goes to filers with at least $1 million of income.Why has the capital gains bill not been brought to the House floor?House Republican leadership says it took the exemption off the … [Read more...] about Teacher walkout Q&A: School funding bills, the lottery, school consolidation and more
RECENT developments in artificial intelligence, computer vision and motion-sensing capabilities, are creating a new generation of robots known as collaborative robotics, or “co-bots”. In other words robots that can collaborate with humans on a factory floor, to help the company manufacture much more efficiently and develop its competitiveness and product profitability. As collaborative robotics become more and more common place, they're having a distinctive impact on 'discrete manufacturing', especially for small and medium size manufacturers. Companies that operate in such Industries as the car, furniture, toy, phone and aircraft industry use collaborative robotics to enhanced productivity, quality, and efficiency to improve profit margins. Multiple sensors make it safe for collaborative robotics to work side-by-side with their human counterparts and many industry analysts are predicting a massive growth for collaborative robotics over the next decade especially in the … [Read more...] about Will SMEs focus on collaborative robotics to get more work done?
Unwilling to yield, President Donald Trump and China's government escalated their trade clash Friday, with Beijing vowing to "counterattack with great strength" if Trump follows through on threats to impose tariffs on an additional $100 billion in Chinese goods. Trump made his out-of-the-blue move when China threatened to retaliate for the first round of tariffs planned by the United States. But for someone who has long fashioned himself as a master negotiator, Trump left it unclear whether he was bluffing or willing to enter a protracted trade war pitting the world's two biggest economies against each other, with steep consequences for consumers, businesses and an already shaken stock market. "They aren't going to bully him into backing down," said Stephen Moore, a former Trump campaign adviser who is now a visiting fellow at the Heritage Foundation. He said the Chinese "are going to have to make concessions — period." The White House sent mixed signals on Friday as … [Read more...] about Trump, China escalate trade dispute as markets tumble
Before Mayor Kurt Schmoke walked through the cast-iron gates into Oriole Park at Camden Yards for the stadium's inaugural game in 1992, he said the new ballpark would "help fulfill our dreams not only on the athletic field but in the field of economic development."Twenty-five years later, the Orioles have yet to get to a World Series playing there, but Schmoke, now president of the University of Baltimore, said he'll feel "old and happy" attending Monday's season-opening Orioles game, partly because of the ballpark's impact downtown and elsewhere.The red-brick park's retro design, urban location and overnight popularity made it stand out, transforming how big league baseball fields have been built — and where they are located — ever since. But others question the extent of the stadium's economic boost, and current and former state officials say more can be done to capitalize on the stadium's appeal."Oriole Park without question changed the whole paradigm on how stadiums are … [Read more...] about Impact of Camden Yards is debated as it turns 25