ITASCA, Ill. & NEW YORK--(BUSINESS WIRE)--Nov 15, 2023--

The Federal Reserve’s stress test is usually the most dreaded part of Wall Street firms’ annual capital planning.

Daniel Ricciardo is pondering. This year, a presence in the paddock – but not on the racetrack – has been a curiously flummoxing existence for someone so synonymous with a seat at the 20-man table. In his own words, he has been doing “everything the drivers are doing… other than the driving.” So aside from the obvious of the lights-to-flag racing, what has the Australian found the most difficult about his eight months away from Formula 1? “I’d say the starting grid on Sunday,” he says, a glint in his eye, a longing for something previous. “I love that feeling before you’re about to race. It’s intense, it’s nerve-racking but it’s awesome. I miss that buzz.” Well, miss it no longer. The Honey Badger is back. Officially on loan from Red Bull to sister team AlphaTauri for the remainder of the season, Ricciardo last week replaced the axed Nyck de Vries and will be in the cockpit in Hungary this weekend. It represents a lifeline – his lifeline – back into the sport, a carving of an opportunity so desperately craved. In the end, he only missed 10 races. And all it took was one Silverstone tyre test after the British Grand Prix, at the wheel of the fastest car in F1 this year. A pace which would have put him on the front row of the grid a few days earlier. Never a duo to hesitate, Red Bull chiefs Helmut Marko and Christian Horner made the call swiftly. “After Abu Dhabi last year, I wasn’t sure if I’d ever race again,” he reveals to The Independent, with a casualness which implies a deep-down admittance that he wasn’t done just yet. “But coming back this year, I removed all ego and status. “I do think this year will be the best thing that’s ever happened to me and it will boost me now for the rest of my career. It honestly came at the right time… everything happens for a reason.” How a career can change in a year. Because, although we didn’t know it at the time, last year’s British Grand Prix was the breaking point for McLaren and Ricciardo’s uncomfortable marriage. A day after the Aussie finished second-last out of all the finishers at Silverstone, McLaren big boss Zak Brown made initial contact with Oscar Piastri. As Ricciardo interjects, this is where “all the s*** went down!” Nothing short of gutted at the time – “it sucked” – the 34-year-old now takes the judgement call as a positive. A chance to regroup, reassess and especially in the initial stages, relax. “I’ve really enjoyed this time off, to have the time for myself,” he says. “Last week I went home to Australia for my birthday, I haven’t done that since I was 17… so 17 years ago. “It honestly came at the right time. Look, I wish those two years were better. But it’s given me a mental break because the competition is intense, as much as we love it. It consumes a lot of you so I feel for me to bring my cortisol levels down a little bit, I just feel a lot more balanced this year.” Ricciardo hadn’t missed a grand prix since June 2011. 11 years, 232 races later and so came to pass a rest he now admits was much-needed and well-utilised. A huge NFL fan and a supporter of the Buffalo Bills, he attended the Super Bowl in Arizona. The same week, he thrived in the modern anarchy of golf’s WM Phoenix Open. He even went to the prestigious Met Gala in New York. But more than any showbiz spectacles, he felt like a normal human being again. “I didn’t want to see a gym for a while,” he says. “I just wanted to eat and drink with my mates. Out of principle, I wanted to give myself a break. Just to allow myself to put on a few kgs. It felt really good, I trained just once in December and January.” But then, around the launch of Red Bull’s 2023 car in New York, a flip. “I got to February and remember thinking ‘yeah, I’m done.’ I’d had enough. I didn’t feel like drinking every weekend and partying all the time. I wasn’t going crazy but I thought ‘this life isn’t for me just yet.’ “And then I became very self-motivated. I wanted it to come from me, I didn’t want someone telling me to run. I had this urge and desire to be back on the grid – and I’ve never enjoyed training so much. I’ve got more energy to train and the desire has increased, especially not being jet-lagged every fricking week!” Much to the surprise of many, while Ricciardo did take up the “third driver” role with a Red Bull team he claimed seven of his eight grand prix wins with from 2014-2018, he opted against racing even part-time in other racing series. For a lover of America, the likes of IndyCar and NASCAR were not explored. Not even a one-time jaunt at the 24 hours of Le Mans. Why? “Two reasons,” he starts. “Still a big part of me wanted a break from competition. It’s probably the thing I love most in life is competition, it’s why I race. But equally, it’s really tiring and draining. The last few years did take it out of me. “The other element is I still feel really strongly about being in this sport. The moment I start to engage in something else, the perception is: ‘Is he thinking of an alternative career?’ “There’s been times where I’ve been really keen to do Le Mans. I was desperate in 2015, speaking to Andreas Seidl who was running the Porsche project and was asking Red Bull to let me do it. But now, it’s not something that I need to do before I die. “I’ve given so much to F1 that I don’t have the capacity to do something else at the level and effort that I’ve put into this sport.” And how Ricciardo’s decision has bore fruit. Attaching himself back in the ecosystem where it all began with Toro Rosso, the Australian who has catapulted himself into a sporting celebrity with his warm, charming personality has ended up back at the modern-day equivalent team in AlphaTauri. Simulator sessions – even with ex-race engineer Simon Rennie now running the programme at Red Bull – are never enough for any racer. Cue the second coming. Now entering the twilight years of his career, can he see himself ‘doing an Alonso’ and racing into his 40s? Given his perseverance to reclaim a spot on the grid this year, the response is something of a surprise. “Ideally not,” he says. “Ideally, I’d have had enough success in the next five years. I think there’s something cool about going out on top. “This is my element but what this year has shown is I’m OK after retirement, I do have hobbies and other things going on. For lots of athletes, the thought of retirement is scary – what do you do now? You’ve lived this crazy life for so long that it can be daunting. “But for me, let’s say the next 3-5 years of awesome success and then… peace!” Now up against Yuki Tsunoda at AlphaTauri, with Max Verstappen’s teammate Sergio Perez already under pressure after a string of poor performances, a spot with Red Bull next year is not the ludicrous suggestion it may have been six months ago. 2025 may still be the more realistic target. Ricciardo admits “if one step here then gets me here… then I have to be open-minded” with regards to future seats. Nice guys come last, as the episode title for his McLaren demise in Netflix’s Drive to Survive insinuates. Yet for Ricciardo, a re-opening of a door which looked closed could trigger a renaissance. A planned road trip across the United States will have to wait. Instead, a chance to race in his beloved Las Vegas in November has come to fruition – and a chance to get back to the front. The ultimate ambition – race wins, maybe even a world championship – is still at the forefront of his mind. “That is the reason I would come back,” he signs off. “I still believe I can do it. I feel like the Red Bull Daniel. He is still here.” Read More Red Bull has handed Daniel Ricciardo the first step to Sergio Perez’s seat Daniel Ricciardo returns to F1 as he replaces Nyck de Vries Daniel Ricciardo shaped void will take some filling by Oscar Piastri at Australian GP Sebastian Vettel hints at return to F1: ‘I have some ideas’ Red Bull has handed Daniel Ricciardo the first step to Sergio Perez’s seat Daniel Ricciardo returns to F1 as he replaces Nyck de Vries

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Autonomous carmaker Cruise must suspend its driverless taxi operations in California immediately, state motor vehicles regulators announced on Tuesday. "The California DMV today notified Cruise that the department is suspending Cruise’s autonomous vehicle deployment and driverless testing permits, effective immediately,” the state Department of Motor Vehicles said in a statement. “The DMV has provided Cruise with the steps need to apply to reinstate its suspended permits, which the DMV will not approve until the company has fulfilled the requirements to the department’s satisfaction.” The regulator said it has the right to pull back permissions when “there is an unreasonable risk to public safety.” The suspension, which only applies to Cruise trips where no human safety driver is onboard the vehicle, follows an incident earlier this month, where a woman in San Francisco was struck by a human driver in a hit-and-run accident that propelled her into the path of a Cruise robotaxi. “Ultimately, we develop and deploy autonomous vehicles in an effort to save lives,” Cruise said in a statement to ABC7. “In the incident being reviewed by the DMV, a human hit and run driver tragically struck and propelled the pedestrian into the path of the AV. The AV braked aggressively before impact and because it detected a collision, it attempted to pull over to avoid further safety issues. When the AV tried to pull over, it continued before coming to a final stop, pulling the pedestrian forward.” “Our thoughts continue to be with the victim as we hope for a rapid and complete recovery,” the company added. The suspension is a major blow to Cruise, which is owned by General Motors. Alongside Waymo, a subsidiary of Google parent company Alphabet, Cruise saw California, and in particular San Francisco, as a key testing ground of driverless taxi technology. The companies both got permission from state regulators in August to conduct paid taxi service 24/7 without a safety driver in San Francisco, despite vigorous debate in the city over whether the AVs were safe enough to operate. The rollout of robotaxis in San Francisco has been marred with problems. Driverless cars, in particular Cruise taxis, were accused of causing traffic and impeding first responders. According to data Cruise shared with the state in August, between January and mid-July of 2023, Cruise AVs temporarily malfunctioned or shut down 177 times and required recovery, 26 of which such incidents occurred with a passenger inside, while Waymo recorded 58 such events in a similar time frame. Meanwhile, according to the San Francisco Municipal Transit Agency (SFMTA), between April 2022 and April 2023, Cruise and Waymo vehicles have been involved in over 300 incidents of irregular driving including unexpected stops and collisions, while the San Francisco Fire Department says AVs have interfered 55 times in their work in 2023. Last year, Cruise lost contact with its entire fleet for 20 minutes according to internal documentation viewed by WIRED, and an anonymous employee warned California regulators that year the company loses touch with its vehicles “with regularity.” Since being rolled out in San Francisco, robotaxis have killed a dog, caused a mile-long traffic jam during rush hour, blocked a traffic lane as officials responded to a shooting, and driven over fire hoses. Jeffrey Tumlin, San Francisco’s director of transportation, has called the rollout of robotaxis a “race to the bottom,” arguing Cruise and Waymo weren’t yet definitive transit solutions, and instead had only “met the requirements for a learner’s permit.” Others have argued the introduction of driverless cars in San Francisco and beyond will further displace workers pushed out of the taxi industry by companies like Uber and Lyft. Read More Live updates: Republicans nominate Tom Emmer for House speaker New doc on the wrestling abuse that dogged Jim Jordan’s Speaker run Trump slams ‘Globalist RINO’ Tom Emmer after speaker nomination win Live updates: Republicans nominate Tom Emmer for House speaker New doc on the wrestling abuse that dogged Jim Jordan’s Speaker run Trump slams ‘Globalist RINO’ Tom Emmer after speaker nomination win

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Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional information

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 26, 2023--

It's no secret that Christopher Nolan made “Oppenheimer” to be seen on the big screen, but not all “big screens” are created equal