Voters approved 79% of transportation ballot measures in the Nov. 6 midterm elections, per an analysis by the American Road & Transportation Builders Association. The organization identified 346 state and local initiatives up for vote in 31 states.
NoTraffic, an Israeli internet of things-based traffic-management platform developer, has received $3.2 million in seed funding. NoTraffic plans to use the funds to increase initiatives in the US, advance its traffic management platform and expand its employee base in the US and Israel.
Peer-to-peer car rental company Maven, a subsidiary of General Motors, is expanding services to include owners of non-GM vehicles, the use of microfleet entrepreneurs and expansion to Canada and other global markets. The changes were revealed by GM Vice President Julia Steyn at the UBS Global Technology Conference in San Francisco.
The British government has reached an agreement with the EU on terms for the UK's withdrawal. Details of the arrangement have not been released, but UK Prime Minister Teresa May is scheduled to discuss the draft with her cabinet on Wednesday.
Binny Bansal, the CEO of Flipkart, which was purchased by Walmart this year, has resigned amid probes of "serious personal misconduct," Walmart said today. "While the investigation did not find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency, related to how Binny responded to the situation," Walmart added.
Air freight demand increased just 2% in September year over year, while air freight capacity climbed 3.2% during the same period, and the overall rate of growth has slowed over the past five years. Contributing factors are longer supplier delivery times and a drop in manufacturing exports.
Alibaba booked $30.8 billion in Singles Day sales on Sunday, topping last year's record of $25.3 billion and beating any one-day holiday sales record in the US. Sales across Tmall and Alibaba's other shopping platforms reached $1 billion in less than two minutes after the start of the event.
Teams need to look at problems from multiple perspectives to avoid wasting time on the wrong solution, write Dan Rockwell and Teruni Lamberg. "[I]dentifying the real problem is the beginning of a breakthrough solution," they write.
People with superior leadership intelligence accurately gauge the mood of a room or a lack of project momentum, writes Scott Cochrane. They watch for nonverbal cues to dissatisfaction and know when to respond with encouragement, a shift in strategy or simply removing minor annoyances to a team's day, he writes.