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Volkswagen to Build Six Battery Factories

Rebecca Urena07/07/2022

87

Volkswagen (OTCMKTS: VWAPY) is set to invest USD20.38 Billion in order to build electric vehicle batteries, simultaneously creating 20,000 jobs and producing billions in annual sales. Volkswagen is creating...

Automotive Investing News Life Style Market News Technology The Market Buzz Your Environment

Intel to Invest USD36 Billion in Europe

Rebecca Urena03/15/2022

89

Intel (NASDAQ: INTC) is planning to invest a total of USD36 Billion as a means of increasing chipmaking throughout the European Union as it seeks to be more self-reliant...

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Foxconn Suspends iPhone Factory Operations in China amid Covid Outbreak

Rebecca Urena03/14/2022

86

Foxconn (OTCMKTS: HNHPF), a major Apple supplier, has paused operations in Shenzhen, China, following a lockdown prompted by another Covid-19 outbreak. The company has factories in the area that...

Automotive Investing News Market News Technology The Market Buzz

LG and General Motors Come to a Settlement Following Bolt EV Battery Fires

Rebecca Urena10/13/2021

360

LG Electronics has agreed to provide General Motors (NYSE: GM) with up to a USD1.9 Billion refund as a means to recall and repair Chevrolet Bolt electric vehicles amid...

Automotive Investing News Market News Technology The Market Buzz

Lordstown Motors Surged Amid the Reported Sale of its Ohio Plant to Foxconn

Rebecca Urena09/30/2021

199

Lordstown Motors (NASDAQ: RIDE) rose 21% Thursday after reports that it is “near an agreement” to sell its Ohio factory to Foxconn. A source familiar with the matter said...

Automotive Investing News Market News Technology The Market Buzz

Ford Motor to Shut Down India Plants Amid New Restructuring Plan

Rebecca Urena09/09/202109/09/2021

302

Ford Motor (NYSE: F) is set to spend USD2 Billion to revamp operations and shut down vehicle production in India amid CEO Jim Farley’s new turnaround plan. Manufacturing of...

Investing News Market News The Market Buzz

Nike Faces Supply Chain Disruptions Amid Vietnam Factory Closures

Rebecca Urena07/19/2021

439

Nike (NYSE: NKE) is facing a potential supply shortage as Covid-19 infections rise throughout Southeast Asia, according to a report from S&P Global Market Intelligence. The news follows the...

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Peloton to Build U.S. Manufacturing Facility Amid Production Delays

Rebecca Urena05/24/2021

380

Peloton (NASDAQ: PTON) revealed Monday that it is set to invest USD400 Million to build its first U.S. factory called Peloton Output Park. The action will accelerate production and...

Automotive Economy Investing News Technology

General Motors Holds Off Dividends Amid Coronavirus

Rebecca Urena04/27/2020

364

In an effort to retain cash, General Motors (NYSE: GM) revealed it will suspend its quarterly dividend and stock buybacks. The coronavirus pandemic has forced factories and dealerships to...

Tag: Factory

Volkswagen to Build Six Battery Factories

Intel to Invest USD36 Billion in Europe

Foxconn Suspends iPhone Factory Operations in China amid Covid Outbreak

LG and General Motors Come to a Settlement Following Bolt EV Battery Fires

Lordstown Motors Surged Amid the Reported Sale of its Ohio Plant to Foxconn

Ford Motor to Shut Down India Plants Amid New Restructuring Plan

Nike Faces Supply Chain Disruptions Amid Vietnam Factory Closures

Peloton to Build U.S. Manufacturing Facility Amid Production Delays

General Motors Holds Off Dividends Amid Coronavirus

The Buzz Surrounding First Responder Technologies Inc.

Entertainment One and Alibaba Pictures Announce Joint Production to Bring Peppa Pig to Theaters in China

Zillow adds Canadian listings to online marketplace

Rivian Posts Strong Second-Quarter Revenue

Walgreens Offers Pharmacists Signing Bonuses of Up to $75,000

Disney Subscriber Growth Outperforms Estimates

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