Elon Musk dreams of building a pod that zips through a steel tube at a blazing speed of 760 miles per hour. But if you just can’t wait seven to 10 years to ride in an egg-shaped capsule, several cities around the world already have pod-transportation systems up and running.
U.S. stocks and Treasuries rose, as improving economic data offset concerns that the Federal Reserve will cut monetary stimulus as soon as next month. The euro strengthened after German business confidence climbed to the highest in more than 1 1/2 years.
The Standard & Poor’s 500 Index rose following its first three-day slump since September, as gasoline and oil rallied while gold and silver slid. Emerging market stocks fell as a gauge of Chinese manufacturing missed estimates and the Federal Reserve said it may reduce stimulus.
U.K. Prime Minister David Cameron will introduce laws to force search engines’ to cooperate if new efforts to curb child pornography online fail, he said today while lauding efforts by Google Inc. and Microsoft Corp.