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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

EPA to change diesel tests to prevent VW-like cheating

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Chris Matthews
Chris Matthews
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Chris Matthews
Chris Matthews
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September 25, 2015, 7:50 AM ET
Volkswagen Group Delivers Over 9 Million Vehicles In 2012
BERLIN, GERMANY - JANUARY 14: Visitors look at VW cars at a Volkswagen Group showroom on January 14, 2013 in Berlin, Germany. Volkswagen Group, which includes the VW, Audi, Porsche, Skoda, SEAT, Bentley and Bugatti brands, delivered a record 9.07 million cars to customers in 2012. Rising sales in the Americas and Asia helped to offset a drop in sales in western Europe. (Photo by Sean Gallup/Getty Images)Photograph by Sean Gallup — Getty Images
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The U.S. Environmental Protection Agency is planning wholesale reform of its procedure for testing diesel engines, following revelations that Volkswagen (VLKPY) installed software in its cars that allowed it to fool regulators into thinking the vehicles were cleaner than they actually were, according to the Associated Press.

Chris Grundler, head of the EPA’s office of transportation and air quality, told the news service that his agency would begin testing cars on the road in addition to the tests performed with cars on treadmills.

Grundler told the AP that cars with diesel engines, which make up only 1% of the vehicles on U.S. roads, “wasn’t the top priority for the EPA.”

“The agency did have on-road testing equipment — but it was assigned to monitor automaker gas mileage estimates and heavy-duty diesel trucks, where cheating had been uncovered in the past,” the report said.

The EPA’s testing procedures have been criticized for being predictable and outdated, the AP said, potentially making it easier forVW to cheat. And it was researchers at West Virginia University—not the EPA—that uncovered the problem using on-road testing, the AP added. An announcement of the changes could come on Friday.

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