Driverless cars are no longer science fiction — they're reality.
California became the second state (the first was Nevada) to approve autonomous, self-driving cars on the road. Jerry Brown, governor of California, signed the bill at Google's (GOOG) headquarters in Mountain View, Calif., on Tuesday.
April Auto Sales Should Help Quell Fears on 2nd Quarter Growth
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Toyota Motor Corp. (NYSE:TM) announced it will add 6-speed automatic transmission capacity at its plant in Buffalo. The $64 million investment will create approximately 40 new jobs in West Virginia. Toyota made the announcement with Governor Earl Ray Tomblin, U.S. Senator Jay Rockefeller, U.S. Representative Shelley Moore Capito, Toyota management and team members in attendance.
Gone are the days of buy-and-hold investing. Stock picking was the strategy for the past decade, and these 10 companies were the best performers in the S&P 500.
Stock picking trumped buy-and-hold over the past decade, reversing the reigning investment strategy that encouraged investors to pile into passively managed index funds.