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Oil major BP drilling an appraisal well in Texas for carbon sequestration. A 3D-printed natural gas pipeline is placed in front of displayed BP logo in this illustration taken February 8, 2022. DENVER, Aug 8 (Reuters) - Oil major BP BP.L on Monday said it has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said. The company in May said it and partner Linde planned to develop a site along the Texas coast to bury carbon dioxide produced from Lindes | 18 | OPR_welldrill |
Harley-Davidson Restarting Motorcycle Production On June 6 - Report. Harley-Davidson Inc will resume its motorcycle production on June 6 after a previously announced two-week halt, the Wall Street Journal reported on Friday citing a company spokesperson. The report adds the suspension would have lasted 19 days, longer than the original projection of two weeks during which assembly and shipments would have been shut down. Shares of Harley fell about 2.2% to $35.34. The iconic motorbike maker last month said it | 8 | OPR_restartunit |
Toyota cuts production plan for June again, to 800,000 vehicles. TOKYO (Reuters) - Japans Toyota Motor Corp cut its global production plan for June for the second time this week on Friday, reducing its planned output by around 50,000 vehicles to 800,000, citing the impact of the lockdown in Shanghai. Japans largest automaker said it had not changed its estimate of producing 9.7 million vehicles worldwide in the current financial year, although it said there was a possibility that the production plan may be | 11 | OPR_cutprod |
AlphaSTAR Joins Siemens Partner Program To Offer Cutting-edge Simulation Capabilities For 3D Printing. Siemens customers are able to access AlphaSTARs suite of advanced Polymer Additive Manufacturing simulation software products in Siemens NX and Simcenter 3D software for product engineering and simulation. Irvine, CA AlphaSTAR announced today that it is expanding its collaboration with Siemens Digital Industries Software in joining Siemens Partner Program. Through this program, Siemens customers will have access to AlphaSTARs Polymer | 16 | OPR_cutcapacity |
PulteGroup Announces Expansion of Innovative Construction Group Operations into South Carolina. PulteGroup, Inc. (NYSE: PHM) today announced the unveiling of its subsidiary Innovative Construction Groups second off-site solutions manufacturing operations in Florence, South Carolina. Focused on single-family and multi-family wood framed construction, this facility will expand ICGs production and distribution capabilities to meet growing demand in the Southeast. This press release features multimedia | 7 | OPR_upprod |
End of the road for Ford Fiesta: UKs all-time bestselling car halts production. I dont know what Id go for if I didnt have the Fiesta, said Karen Fox, a civil servant in Edinburgh. She is due to pick up her fourth version of the model on Saturday, but it is likely to be her last: Ford on Wednesday confirmed it will end production of the UKs all-time bestselling car next June. The models end will become only the latest symbol of the shift from internal combustion engines to batteries: the factory in Cologne, Germany | 25 | OPR_endunit |
Ford starts production of its new all-electric E-Transit cargo van. Ford has started production of its electric E-Transit cargo vans at its factory in Kansas City, Missouri with the first deliveries expected in the next several weeks, Ford Pro North America general manager Tim Baughman told TechCrunch. Baughmans comments follow Fords announcement earlier this month that it will nearly double production capacity of its upcoming electric F-150 Lightning pickup truck to 150 | 6 | OPR_startprod |
Capstone Green Energy Receives Follow-on Order for Multiple Microturbine Systems for Marcellus Wellhead Sites. April 13, 2022 at 08:00 AM EDT Capstone Green Energy Corporation NASDAQ: CGRN ), a global leader in carbon reduction and on-site resilient green Energy as a Service (EaaS) solutions, announced today that E-Finity Distributed Generation , Capstones exclusive distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, has secured an order for ten C65 microturbine systems, to be deployed at various oil and gas wellhead sites | 26 | OPR_buyasset |
Toyota misses April global production target due to COVID, parts shortage. The worlds largest automaker by sales produced 692,259 vehicles last month, a 9.1% drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide. The numbers raise questions over the severity of the pandemic-hit supply chains and how the disruption will affect production in the coming months. Toyota last week downgraded its global production plan for June to around 800 | 20 | OPR_cutprodfcas |
TotalEnergies to start delayed Nigeria drilling campaign by end of year & More News. TotalEnergies will start a major drilling campaign late this year on its prolific Egina and Akpo oilfields offshore Nigeria, while development studies continue on its delayed Preowei project. Located in Oil Mining Licence 130, Egina and Akpo are producing through major subsea production systems tied back to floating production, storage and offloading vessels. TotalEnergies potential 11-well drilling programme was due to begin five months ago | 19 | OPR_delay |
GM joint venture Ultium plant in Ohio begins battery cell production. Ultium Cells LLC has started production of battery cells at its first manufacturing operation in Warren, Ohio, the General Motors Co. and LG Energy Solution joint venture company confirmed Wednesday. For competitive reasons, what date production launched was not specified but Ultium Cells spokesperson Brooke Waid confirmed it started in August. The plant will supply battery cells for GMs Ultium platform-based EVs | 6 | OPR_startprod |
Zions Bancorporation NA Zions Bancorporation Celebrates the Opening of Its Technology Center in Midvale With Ribbon-Cutting Event (Businesswire). 2022-07-15 17:40 Zions Bancorporation, N.A. (NASDAQ: ZION) today hosted a ribbon-cutting celebration at its new 400,000-square-foot technology campus in Midvale, Utah. Located on the former Sharon Steel Mill Environmental Protection Agency Superfund site, the sustainably built campus will be the companys primary technology and operations center, serving Zions affiliate banks in 11 western states | 1 | OPR_openunit |
Nutrien Increasing Potash Production in Response to Global Supply Uncertainty. Nutrien Ltd. (TSX and NYSE: NTR) announced today that in response to the uncertainty of potash supply from Eastern Europe it plans to increase potash production capability to approximately 15 million tonnes in 2022, an increase of nearly one million tonnes compared to previous expectations. The majority of additional volume is expected to be produced in the second half of the year. Our thoughts and sympathies are with those impacted by the | 7 | OPR_upprod |
BP restarted large crude unit at Whiting, Indiana, refinery over weekend. HOUSTON, Sept 7 (Reuters) - BP Plc restarted the largest crude distillation unit (CDU) over the weekend at its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery, a company spokesperson said. BP restarted the 250,000-bpd Pipestill 12 CDU as part of restoring production at the Whiting refinery following an Aug. 24 fire, which idled key utilities forcing the entire plant to shut down. We are continuing to work around the clock to bring the | 8 | OPR_restartunit |
FedEx Hikes Package Rates, Details Cost Cutting as Demand Weakens Globally. The company said that its Express, Ground and Home Delivery rates will increase by an average of 6.9%. For its fiscal 2023, the company expects total cost savings of $2.2 billion to $2.27 billion. Last week, the companys stock sank after it posted preliminary revenue and earnings that fell short of Wall Street expectations. FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week | 3 | OPR_cutcost |
Oshkosh Corporation Invests in Robotic Research to Build Upon Autonomy and Robotics Capabilities. April 26, 2022 at 08:00 AM EDT Oshkosh Corporation (NYSE: OSK), a leading innovator of mission-critical vehicles and essential equipment, and Robotic Research, a global leader in autonomous mobility and Advance Driver Assistance Systems (ADAS) solutions, announced today a strategic partnership and an Oshkosh Corporation investment in Robotic Research to accelerate its innovation and autonomy offerings | 4 | OPR_invest |
Toyota Shares Sink Most in Nearly Two Years on Output Target Cut. (Bloomberg) -- Toyota Motor Corp. shares fell as much as 4.7% Wednesday morning, their biggest intraday loss since March 2020, after the company warned it expects to miss its production target for this fiscal year. Toyotas head of purchasing, Kazunari Kumakura, said Tuesday it would be very difficult to meet a target of making 9 million vehicles in the year through March due to supply-chain challenges, including semiconductor shortages | 20 | OPR_cutprodfcas |
TotalEnergies announces Lebanon gas field exploration in 2023 The Peninsula. Beirut: The French company TotalEnergies announced that it will start exploration within the framework of its offshore gas project in Block No. 9 in Lebanon, starting next year. The company said in a statement reported by the Lebanese National News Agency that it will most likely choose the supplier for a new drilling rig in the first quarter of 2023. The company added that it has placed an order with suppliers for the required equipment | 24 | OPR_reportprod |
TSMC Starts 3nm Chip Mass Production, Says Chip Offer More Power While Using Less Battery. Taiwanese tech giant TSMC said Thursday it had started mass production of its 3-nanometre chips, among the most advanced to come to market. The Taiwan Semiconductor Manufacturing Company operates the worlds largest silicon wafer factories and produces high-performance chips used in everything from smartphones and cars to missiles. It is also Apples primary chip supplier. Its 3nm-process chips are expected to have more processing power while | 6 | OPR_startprod |
Microsoft is reopening its Washington and Bay Area offices this month. Microsoft It was announced Monday that it is reopening its Washington state and California Bay Area offices On February 28, as Covid-19 case continue to improve, these offices will remain open. These offices are open for employees, guests and visitors. Microsoft postponed its Oct. 4 return to office plans More than 103,000 U.S. citizens were affected by the decision to suspend operations indefinitely on September 11 | 8 | OPR_restartunit |
Toyota trims production target, posts Q3 profit fall amid chip crunch. TOKYO (Reuters) -Toyota Motor Corp on Wednesday cuts its annual vehicle production target as a chip shortage crimped vehicle output, posting a 21% fall in third-quarter operating profit to 784.4 billion yen ($6.80 billion). The company lowered its production target for the year to March 31 to 8.5 million vehicles from 9 million. The result for the three months to Dec. 31 was higher than an average forecast of 716.8 billion yen based on the | 20 | OPR_cutprodfcas |
Novartis Eliminating 8,000 Jobs in Global Restructuring. Novartis today disclosed plans to eliminate about 8,000 jobs worldwide as part of a cost-cutting effort intended to save the pharma giant at least $1 billion by 2024part of a restructuring whose outlines were announced in April. Those outlines included job reductions Novartis said back then would reach a number in the single-digit thousands, as well as a goal of delivering at least 4% annual sales growth through 2026 | 13 | OPR_restruct |
AMGEN OPENS NEW STATE-OF-THE-ART RESEARCH AND DEVELOPMENT LAB FACILITY IN SAN FRANCISCO BAY AREA. \n \n \n . concat(self. i18n. t(search. voice. recognition_retry), \n 245,000-square-foot lab demonstrates Amgens commitment to innovation THOUSAND OAKS, Calif. , Oct. 6, 2022 /PRNewswire/ (Oct. 6, 2022) Amgen (NASDAQ: AMGN) today announced the opening of a new research and progression facility at Oyster Point in San Francisco, the companys presence in the region for nearly two decades. The new one will be the companys second-largest | 1 | OPR_openunit |
2022 Ford Mustang Mach-E Gets Increased Towing Capacity In Europe. Ford has announced that the Mustang Mach-E gets an increased towing capacity in Europe, among other updates that involve charging and driving comfort. Even better, existing Mustang Mach-E owners are part of the update, which is substantial considering how well the all-electric crossover is selling in the Old Continent. The Ford Mustang Mach-Es approved braked towing capacity has now been increased to 1,000 kilograms (2 | 14 | OPR_upcapacity |
BRIEF-Yamana Gold Says For 2023, Co Is Increasing Its Production Guidance To 1,030,000 GEO((2)). Feb 18 (Reuters) - Yamana Gold Inc : * YAMANA GOLD INC. - YAMANA GOLD 2022-2024 GUIDANCE * YAMANA GOLD INC - COMPANY IS MAINTAINING ITS 2022 PRODUCTION GUIDANCE AND EXPECTS PRODUCTION NOT TO BE LESS THAN 1,000,000 GOLD EQUIVALENT OUNCES * YAMANA GOLD INC - FOR 2023, COMPANY IS INCREASING ITS PRODUCTION GUIDANCE FROM 1,000,000 GEO((2)) TO 1,030,000 GEO((2)) Source text for Eikon: Further company coverage: | 15 | OPR_upprodfcast |
Intel Suspends All Operations in Russia Effective Immediately. Intel, one of the worlds largest semiconductor companies, is suspending business operations in Russia effective immediately, the company announced late Tuesday. From a report: Intel continues to join the global community in condemning Russias war against Ukraine, the company said in a statement. Intel | 25 | OPR_endunit |
Indian content script could go awry as Netflix cuts costs. Till last year, Netflix executives told producers not to think about budgets but asked for the best quality, he said. They have shelved shows, which didnt meet their expectations, after spending over Rs 150 crore in that, the producer said. But now they are coming up with budgets which are not even comparable to what Amazon Prime and Disney+Hotstar is offering for a similar project. | 3 | OPR_cutcost |
PEPSICO BEVERAGES NORTH AMERICA ACQUIRES NEARLY 152 ACRES OF LAND FOR CONSTRUCTION OF 1.2 MILLION SQUARE FOOT MANUFACTURING FACILITY IN HIGH POINT DEVELOPMENT DISTRICT, EXPANDS DENVER FOOTPRINT. New facility set to be the largest, most sustainable PepsiCo Beverages North America plant in U.S. and create 250 new jobs for Denver -area residents DENVER, /PRNewswire/ -- Today, PepsiCo Beverages North America (PBNA) acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million square foot manufacturing facility. Set to open in 2023 | 26 | OPR_buyasset |
Toyota cancels Harrier SUV orders due to production delay Nikkei. TOKYO (Reuters) Toyota Motor Corp has cancelled some orders of the Harrier sports utility vehicle due to production disruption caused by the COVID-19 lockdown in Shanghai, the Nikkei business daily reported on Monday. Customers are being asked to switch their orders to the improved Harrier, which will be released as early as September, the report said. It is believed to be the first time that an order received by Toyota has been scrapped due | 19 | OPR_delay |
Nutrien raising potash production in response to uncertainty. SASKATOON Nutrien Ltd. is raising its potash production for this year in response to the uncertainty of supply from eastern Europe as Russias invasion of Ukraine continues. Canadian Press 23 minutes ago 7 minutes ago Nutrien Ltd. is raising its potash production for this year in response to the uncertainty of supply from eastern Europe. The Nutrien Ltd. corporate logo is seen in this undated handout photo | 7 | OPR_upprod |
SK On-Ford JV Breaks Ground on EV Battery Mega Campus in Kentucky. SK Group executive vice chairman Chey Jae-won (left) and Kentucky Gov. Andy Beshear pose for a photo during a beam signing event at the groundbreaking ceremony of BlueOval SK Battery Park in Glendale, Kentucky, on Dec. 5. SK On, a leading electric vehicle (EV) battery manufacturer, announced on Dec. 6 that its joint venture (JV) with American auto giant Ford Motor Co. held a groundbreaking ceremony for an EV battery manufacturing mega campus in | 1 | OPR_openunit |
Warner Music and Warner Chappell Music Spain launch The Music Station, a new HQ and creative hub in Madrid. Music Business Worldwide Music Business Worldwide New space consists of more than 10,000 square meters Source | 1 | OPR_openunit |
TC Energy Raises Cost of Gas Pipeline 70% to Nearly $9 Billion. TC Energy Corp. raised the price tag of the Coastal GasLink pipeline by 70% after Covid-19-related delays and protests slowed construction on the link to a new liquefied natural gas facility on Canadas west coast. (Bloomberg) TC Energy Corp. raised the price tag of the Coastal GasLink pipeline by 70% after Covid-19-related delays and protests slowed construction on the link to a new liquefied natural gas facility on Canadas west coast | 0 | OPR_costsrise |
TotalEnergies says committed to start Lebanon drilling next year. TotalEnergies on Monday said it was working towards exploiting its new Lebanon block 9 offshore gas project from next year, adding that it would likely select the vendor for a new drilling rig in the first quarter of 2023. Reuters, Paris TotalEnergies on Monday said it was working towards exploiting its new Lebanon block 9 offshore gas project from next year, adding that it would likely select the vendor for a new drilling rig in the first | 18 | OPR_welldrill |
Halliburton, Schlumberger suspend operations in Russia. Posted in: Places: Tags: | 25 | OPR_endunit |
Baker Hughes Consolidated Appoints Valve Sales Inc. As its Newest Consolidated Green Tag Center. Baker Hughes announces that Valve Sales Inc. (VSI) will now distribute, service, and repair its complete line of Consolidated pressure relief valves. VSIs service and distribution agreement with Consolidated covers the entire state of Oklahoma, southern Kansas, and the Northwest corner of Arkansas. Announcing the new agreement, Chris Chernisky, President of VSI said, Our customers have asked us for a valve line they can trust | 9 | OPR_selectsuppl |
Canadas Nutrien eyes potash production boost amid turmoil in Russia, Belarus. WINNIPEG, Manitoba (Reuters) - Nutrien Ltd, the worlds biggest potash miner, could boost production by up to 29% in coming years, depending on any sanctions facing rival producers in Russia and Belarus, the Canadian companys interim CEO told Reuters. Prices of granular potash fertilizer are near 10-year highs in the United States and Brazil, helped by Western economic sanctions against Belarus. Russia | 7 | OPR_upprod |
Chevron to resume Venezuela oil output as US eases sanctions. The Biden administration granted Chevron a license to resume oil production in Venezuela after U.S. sanctions halted all drilling activities almost three years ago. The reprieve followed the resumption of talks by Venezuelas political factions on Saturday with a deal to work together on a humanitarian spending plan. Chevron received a six-month license from the U.S. Office of Foreign Assets Control, OFAC | 8 | OPR_restartunit |
Bank of America Helping Employees at More Than 200 Companies Manage Everyday Financial Needs Through Corporate Employee Banking and Investing Program. CHARLOTTE, N.C., Feb. 10, 2022 /PRNewswire/ -- Bank of America today announced that more than 200 of its corporate and commercial clients across the U.S., representing nearly 3 million employees, have adopted its Corporate Employee Banking and Investing program. Introduced in early 2020, this program was created to help large and mid-sized companies better support the everyday banking1, lending1 and investing2 needs of their employees and help | 4 | OPR_invest |
Netflix hiring workers for a brand-new AAA-PC game in the first-generation of original titles. Netflix looks like its trying to accelerate its gaming business. The streaming giant recently posted a list of jobs for a game director, a director of an art, and a director of its Los Angeles-based studio, as seen first by Mobilegamer.biz. All roles mention that they involve getting used to a brand-new AAA PC game. In addition, the game director role features details that mention that job involves being the creative leader of one of Netflixs | 21 | OPR_newstaff |
Reynolds appoints new Iowa Supreme Court justice. Reynolds appoints new Iowa Supreme Court justice | 9 | OPR_selectsuppl |
IBM Report: Manufacturing Felt Brunt of Cyberattacks in 2021 as Supply Chain Woes Grew. CAMBRIDGE, Mass. Feb. 23, 2022 Europe Asia Charles Henderson Asia Asia Thursday, March 3, 2022 11:00 a.m. ET Georgia Prassinos | 24 | OPR_reportprod |
MAG Silver Reports Second Quarter Production From Juanicipio. Publishing date:Jul 27, 2022 20 minutes ago 5 minute read Join the conversation VANCOUVER, British Columbia, July 27, 2022 (GLOBE NEWSWIRE) MAG Silver Corp. (TSX / NYSE American: MAG) (MAG or the Company) is pleased to report second quarter (Q2) production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (Fresnillo) and MAG, respectively) | 24 | OPR_reportprod |
American Express announces suspension of operations in Russia, Belarus. American Express on Sunday announced the suspension of its operations in Russia and Belarus over the ongoing military operation in Ukraine. For better experience, download the app Continue Reading This comes a day after credit card and payment giants Mastercard and Visa announced that they were suspending operations in Russia and that their cards issued by Russian banks will no longer work outside the country | 25 | OPR_endunit |
Correct: Petrobras 1Q Commercial Output Rose 2.4% vs 4Q to 2.462MBOE Per Day. By Jeffrey T. Lewis SO PAULO--Brazilian oil giant Petrleo Brasileiro SA, or Petrobras, said Wednesday it produced slightly more oil in the first quarter compared with the fourth quarter as the company ramped up output for some platforms and added production wells in other fields. Petrobras pumped an average of 2.796 million barrels of oil equivalent per day during the three months ended in March, an increase of 3.4% from the fourth quarter | 7 | OPR_upprod |
Regional Management Corp. Expands Operations to Louisiana. Regional Management Corp. Expands Operations to Louisiana GREENVILLE, S.C.( BUSINESS WIRE ) Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has expanded its operations to Louisiana, its 17 U.S. state, with the opening of its first branch in Metairie. The opening further expands Regional Managements footprint within the southeastern U.S. We are excited to bring our suite of affordable | 7 | OPR_upprod |
Mustang Loses Top Spot; Stellantis Idles Plant; Magnet Problems Cause Severe Accident | Today in Manufacturing Ep. 98. Also on the podcast, Boeing lands huge order, Ford debuts supercar, Apple ditches full self-driving, 15 automakers reach braking goals and the rail strike couldve been really bad. Editors note: Download and listen to the audio version below and click here to subscribe to the podcast. The Today in Manufacturing Podcast is brought to you by the editors from Manufacturing.net and Industrial Equipment News (IEN) | 25 | OPR_endunit |
Ford raises price of electric Mustang Mach-E by a whopping $8,475 due to significant increase in battery costs. Visitors check out a Ford Mustang Mach-E electric vehicle on display at a launch event in Shanghai, China on April 13, 2021. Yilei Sun | Reuters DETROIT Ford Motor is raising starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models as it reopens order banks for the 2023 model year. The company said Thursday the increases ranging between $3,000 and $8,475, depending on model and battery are due to | 0 | OPR_costsrise |
Toyota Cancels Harrier SUV Orders Due to Production Delay - Nikkei. By Reuters | July 25, 2022, at 4:40 a.m. TOKYO (Reuters) - Toyota Motor Corp has cancelled some orders of the Harrier sports utility vehicle due to production disruption caused by the COVID-19 lockdown in Shanghai, the Nikkei business daily reported on Monday. Customers are being asked to switch their orders to the improved Harrier, which will be released as early as September, the report said | 19 | OPR_delay |
Siemens state-of-the-art Symphony Pro platform expands mixed signal IC verification capabilities, boosting productivity by up to 10X. News provided by Siemens Digital Industries Software Siemens advanced mixed-signal simulation platform accelerates mixed-signal verification and helps boost productivity Symphony Pro supports Accellera and other advanced digital verification methodologies for todays leading-edge mixed-signal designs PLANO, Texas July 11, 2022 /PRNewswire/ -- To address the design verification challenges of the worlds most complex mixed-signal | 14 | OPR_upcapacity |
Chevron awards UPS five-year work contract. GR Engineering subsidiary Upstream Production Solutions, has been awarded a new commissioning, completions and operations support services by Chevron Australia. GR told the market that the five-year contract has an option to extend for a further two years. | 9 | OPR_selectsuppl |
Nordstrom cuts profit forecast on soaring costs. (Reuters) Nordstrom Inc trimmed its annual profit forecast on Tuesday, signaling that steep discounts on outdated inventory, coupled with higher operating costs and supply chain pressures, are squeezing the companys profit margins. Profit margins of global fashion retailers have been hurt by rising raw material and labor costs coupled with supply chain disruptions, that have been further aggravated by the ongoing conflict in Ukraine | 0 | OPR_costsrise |
Chinas CNOOC starts production at 2 Bohai Sea oil blocks. SHANGHAI : CNOOC Ltd, the listed unit of the state-owned China National Offshore Oil Corp, has started production at two new oil blocks in the Bohai Sea off the coast of northeastern China, the company announced on Saturday. It said phase one of the Luda 5-2 oilfield north, located in the Bohai Seas Liaodong Bay with an average water depth of 32 metres, was expected to reach peak production of around 8,200 barrels of crude oil per day by 2024 | 6 | OPR_startprod |
Deutsche Bank pay keeps rising despite efforts to cut costs. Deutsche Bank is supposed to be cutting costs this year. Pay inflation at the investment bank means things arent exactly going to plan. Spending on compensation and benefits at Deutsches investment bank rose by 15% year-on-year in the first quarter, versus an increase of just 1% across the bank as a whole. Deutsche set aside an extra 50m for bonuses in the first three months of 2022; pay spending in the investment bank was up 79m in total | 3 | OPR_cutcost |
Northern Trust Corp Northern Trust Appoints Stephanie H. Giroux Senior Portfolio Advisor in New York Market (Businesswire). 2022-09-22 17:00 Northern Trust has appointed Stephanie H. Giroux, CFA, as Senior Portfolio Advisor in the Greater New York market. Northern Trust has appointed Stephanie H. Giroux, CFA, as Senior Portfolio Advisor in the Greater New York market. Giroux will be responsible for delivering goals driven investment advice to achieve our wealth management clients objectives. She will be based in the Greenwich, Connecticut office | 9 | OPR_selectsuppl |
AP The St. Joe Company Announces Commencement of Development of Watersound West Bay Center, a Lifestyle Shopping Center Adjacent to the Latitude Margaritaville Watersound Community in Panama City Beach, Florida Jan 11, 2022 Jan 11. PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--Jan 11, 2022-- The St. Joe Company (NYSE: JOE) (St. Joe) today announces commencement of development of Watersound West Bay Center, a lifestyle shopping center adjacent to the Latitude Margaritaville Watersound community in Panama City Beach, Florida. Plans call for the center, which has the potential to include approximately 350,000 square feet of leasable space at build out | 22 | OPR_revampfacil |
Novel No More: Coronavirus Once Again Forces Toyota Production Cut. Toyota announced a reduction of its global production targets for June, the second such announcement this week. The causes are well known: recurring supply chain issues and containment measures re-imposed in China due to Covid-19 outbreaks. The company also said its annual estimates could be revised downward as well. Production at all manufacturers has been affected by the chip shortage and containment measures in China related to Covid-19 | 11 | OPR_cutprod |
Microsoft hires key Apple engineer to design server chips - Bloomberg News. Reuters. FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson//File Photo (Reuters) - Microsoft Corp (NASDAQ: MSFT ) hired a key Apple Inc (NASDAQ: AAPL ) engineer to design its own chips for its servers, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The software giant hired chip industry veteran Mike Filippo, who worked for Apple for over two years | 9 | OPR_selectsuppl |
CUMBERLAND PHARMACEUTICALS MOVES INTO NEW HEADQUARTERS AT BROADWEST. PR Newswire NASHVILLE, Tenn., Nov. 1, 2022 NASHVILLE, Tenn. Nov. 1, 2022 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), the largest, public biopharmaceutical company founded and headquartered in Tennessee , announced today that it has moved its headquarters to the Broadwest campus in the Vanderbilt /West End corridor of Nashville . The company is focused on its mission of advancing patient care through the delivery of high | 1 | OPR_openunit |
Toyota cancels Harrier SUV orders due to production delay - Nikkei. TOKYO (Reuters) - Toyota Motor Corp has cancelled some orders of the Harrier sports utility vehicle due to production disruption caused by the COVID-19 lockdown in Shanghai, the Nikkei business daily reported on Monday. Customers are being asked to switch their orders to the improved Harrier, which will be released as early as September, the report said. It is believed to be the first time that an order received by Toyota has been scrapped due | 19 | OPR_delay |
Vodafone Ghana expands 4G LTE sites and upgrades network. Vodafone Ghana is rolling out 300 4G LTE sites and 3G sites in several communities across the sixteen regions of Ghana by the end of October 2022. This represents a 30% increase in the current network capacity. The move is in line with the companys commitment to creating an inclusive digital society in the country as part of its purpose-led agenda. Vodafone Ghana has completed more than 50 per cent of this significant network improvement | 5 | OPR_expandfacil |
Gilead Sciences opens office in Dubai following the opening in Riyadh. Gilead Sciences, a research-based biopharmaceutical company, has announced the opening of new offices in Dubai as part of growing its regional footprint, reflecting the expansion of its portfolio into therapeutic areas such as COVID-19 and oncology. The inauguration in the UAE follows the recent opening of Gilead Sciences offices in Riyadh. The new Dubai offices are located at One Central, Central Business District, Dubai World Trade Centre | 1 | OPR_openunit |
Daimler Truck cuts production at some locations over chip shortage. FRANKFURT (Reuters) Daimler Truck, the worlds largest truckmaker, on Monday said it was curbing production at some of its German factories due to a shortage of critical semiconductors. The company, which was spun off from Mercedes-Benz last year, said it was suspending production in some areas at its Mannheim site in March and at its Gaggenau plant in April, without being more specific. (Reporting by Ilona Wissenbach; Writing by Christoph | 11 | OPR_cutprod |
Screen Completely Installed for I-Drive Art Installation, Walt Disney World Store Under Construction. The ribbon-like screen for a Walt Disney World art installation has now been completely installed on the Hollywood Plaza parking garage on I-Drive. The screen has not yet been turned on, so is only black right now. Concept art released earlier today showed animated images of the golden Fab 50 statues on the screen. It was also announced today that the building will house the first Walt Disney World Store | 2 | OPR_constrfacil |
GM restarting Chevy Bolt production after battery fire recalls. General Motors is restarting Chevy Bolt production after battery fire recalls stalled its efforts. On Tuesday, a company spokesperson said it will re-up production in April of Chevrolet Bolt electric vehicles. Production of the electric vehicles and SUVs will begin April 4 in Detroit. We remain committed to Bolt EV and EUV and this decision will allow us to simultaneously replace battery modules and resume retail sales soon | 8 | OPR_restartunit |
Vodafone warns on profits and seeks e1 billion in cost cuts. (REUTERS) NICK Reads bit to transform Vodafone into a simpler, more dynamic business took a hit today as it warned that in some parts of Europe hyperinflation is leading to soaring costs. Last week the CEO agreed to sell 50% of its mobile phone masts business to private equity, a deal welcomed by investors keen to see the sprawling company consolidate its assets. Today Vodafone said full year results wont be as good as the City hoped due to | 3 | OPR_cutcost |
Patterson-UTI Reports Drilling Activity for February 2022. HOUSTON, TX / ACCESSWIRE / March 7, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2022, the Company had an average of 116 drilling rigs operating in the United States. For the two months ended February 28, 2022, the Company had an average of 114 drilling rigs operating in the United States. Average drilling rigs operating reported in the Companys monthly announcements represent the average number | 18 | OPR_welldrill |
Toyota cuts output target by half a million more vehicles amid chip crunch. TOKYO: Toyota Motor Corp on Wednesday cut its annual production target by a half a million more vehicles as a chip shortage and COVID sick leave crimped output. It will build 8.5 million vehicles in the year to March 31, down from a previously estimated 9 million, the worlds biggest carmaker said, as it posted a 21% fall in operating profit for the three months to Dec 31. We dont expect the imbalance in chip supplies to resolve quickly and | 20 | OPR_cutprodfcas |
Toyota Cuts Production Again. Its Bad News for the Stockand Car Prices.. Toyota reduced its output forecast, citing parts shortages. Above, a dealership in Houston. Brandon Bell/Getty Images Toyota Motor updated its production plans , unveiling more cuts. Wednesday, Toyota (ticker: TM) reduced its forecast for July output to 800,000 vehicles from 850,000 units . Parts shortages from Covid-19 lockdowns were blamed. We at Toyota would like to again apologize for the repeated adjustments to our production plans | 11 | OPR_cutprod |
Agoged: Intel doesnt intend to abandon the construction of major companies in Ohio and Germany. Is it that construction scale can be reduced? The speculation by some industry experts about a unprecedented decline in supply for semiconductor products led to Intel saying it is not abandoning plans for new facilities in Ohio and Magdeburg. The CEO Keyvan Esfarjani made an important statement on the website of the companys blog. Image Source: Intel. Remember that in Ohio the company will build two enterprises that can produce products in | 27 | OPR_delayconstr |
Ford Cutting 3,000 White-Collar Jobs in Bid to Lower Costs. by Tom Krisher Associated Press Tuesday August 23, 2022 PRINT EMAIL LARGE MEDIUM SMALL A Ford logo is seen on signage at Country Ford in Graham, N.C., Tuesday, July 27, 2021. (Source:AP Photo/Gerry Broome, File) About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries | 10 | OPR_costsfall |
Sony is Investing More in Chinese Projects. Sony has unveiled its latest plans to continue to support and invest in the Chinese video game market through the China Hero Project. Sony has disclosed its latest plans to further invest in games made by Chinese studios at a recent live-streamed PlayStation event in China. These plans were revealed alongside the announcement that Sony s China Hero Project initiative will be revitalized as part of Sonys efforts to support Chinese developers | 4 | OPR_invest |
BioCryst Continues To Develop A Strong Pipeline. Poteau, OK Today Sunny. High 79F. Winds light and variable.. Tonight A few clouds. Low 44F. Winds light and variable. By: March 15, 2022 at 08:14 AM EDT | 22 | OPR_revampfacil |
Toyota expects to cut full-year output target due to chip shortage. Toyota expects to cut full-year output target due to chip shortage TOKYO (Reuters) -Toyota Motor Corp said on Friday its annual vehicle production was likely to come in below its initial target, as a persistent global semiconductor shortage hampers efforts by the worlds biggest car maker by sales to boost output. The Japanese company has been under scrutiny over whether it can stick to its annual production target of a record 9.7 million | 20 | OPR_cutprodfcas |
Samsung beats TSMC, begins mass production of 3nm chips. Samsung Electronics on Thursday announced that it has started the mass production of 3nm semiconductor chips at its fabrication plant in Hwaseong, south of Seoul, becoming the first semiconductor manufacturer to make chips on the 3nm process node. And this time, the chip maker is using GAA (Gate All Around) transistor architecture instead of FinFET, which promises better power efficiency. The 3nm chips from Samsung use the Multi-Bridge-Channel | 6 | OPR_startprod |
Dow Chemical likely to shut EO unit for maintenance. Dow Chemical is in plans to take offstream its Ethylene oxide (EO) unit in Seadrift, Texas.A Polymerupdate source in the US informed a team member, Keep reading Log in or sign up for a free TradingView account, and enjoy no holds barred access to global finance news, in real-time. | 17 | OPR_planoutage |
Just have to be patient: Duke Energy works to restore power amid third day of outages. Crews from Indiana, Kentucky, Michigan, and North Carolina are helping with repairs. MIDDLETOWN The outage caused by Monday night storms isnt the first time Middletown resident John Gary has lived without power, but the timing makes it the hottest power outage he has had to endure. Its been hot,Gary said.Then we start worrying about our food in the refrigerators and the freezers probably going to lose it because after a while its just | 8 | OPR_restartunit |
Schlumberger reports higher profit as drilling activity increases. (Reuters) - Schlumberger (NYSE: SLB ) reported a higher first-quarter profit on Friday, as rising oil prices boosted the demand for oilfield services and equipment needed to drill and raise production. Oil prices have climbed to their highest in more than a decade during the quarter as Russias invasion of Ukraine upended global supply dynamics. U.S. oil is around $102 a barrel, while Brent is trading at $106.5 a barrel | 18 | OPR_welldrill |
Apple to Begin Manufacturing iPhone 14 Models in India, AAPL Stock Up. by Benjamin Godfrey 3 min read India is the worlds second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to dominate the market. American technology giant and smartphone maker, Apple Inc (NASDAQ: AAPL) is on track to begin the manufacturing of its latest iPhone 14 models in India | 7 | OPR_upprod |
Toyota has still not resumed production in Ontario. WASHINGTON (Reuters) Toyota Motor Corp said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened. The Japanese automakers plants in Ontario, where it builds its best-selling RAV4 sport utility vehicle, have halted production since Thursday because of parts shortages stemming from the border disruption from a protest by Canadian truckers | 8 | OPR_restartunit |
Houlihan Lokey Appoints Luiz Greca to its Healthcare Groups Managing Director. 08/09/2022 | 09:00am EDT Houlihan Lokey announced that Luiz Greca has joined the firms Healthcare Group as a Managing Director to lead the firms Healthcare IT (HCIT) practice in the U.S. He is based in the Miami office. Mr. Greca joins from William Blair & Company, where he spent nearly a decade advising clients on M&A, corporate divestitures, and capital-raising transactions across the HCIT sector | 9 | OPR_selectsuppl |
Heartstopper: Netflix adds new cast, begins production on Season 2. Netflix shared a video Thursday that shows series stars Joe Locke, Kit Connor and other cast members reunite for a table read. Heartstopper is a teen romantic drama based on the Alice Oseman webcomic and graphic novel. The series follows the budding romance between Charlie Spring (Locke) and his classmate Nick Nelson (Connor). William Gao, Yasmin Finney, Corinna Brown, Kizzy Edgell, Tobie Donovan, Rhea Norwood, Jenny Walser, Sebastian Croft | 6 | OPR_startprod |
UPDATE 1-Delta Air Lines to buy 12 A220 aircraft from Airbus. En este artculo: DAL (Adds more details) By David Shepardson and Tim Hepher FARNBOROUGH, England July 19 (Reuters) - Delta Air Lines will buy 12 new A220-300 aircraft from European planemaker Airbus, the U.S. carrier said on Tuesday. Reuters first reported last week that Airbus was in talks with Delta to expand the U.S. carriers existing order for A220 small jetliners by about a dozen aircraft, citing people familiar with the matter | 26 | OPR_buyasset |
AT&T Expands 5G Network As It Gains Wireless, Fiber Subscribers. The nations third-largest carrier announced it is ahead of schedule building out its 5G footprint as it reports its second-quarter earnings. Are big corporations really pro-women? Their massive contributions to anti-abortion state lawmakers prove otherwise. Most major corporations these Ready to check out your options for phone carriers? While prices have increased for some of the major carriers this year | 5 | OPR_expandfacil |
Catalent Pharma Solutions Expands Bloomington, Indiana, Operations. Catalent Pharma Solutions, a global company enabling biopharma, cell, gene and consumer health partners to optimize development, launch and supply of patient treatments, will expand its biologics manufacturing operations in Bloomington, Indiana. The $350 million project is expected to create more than 2,300 jobs by the end of 2023. The 1,000,000-square-foot biologics development and manufacturing facility specializes in sterile formulation and | 7 | OPR_upprod |
Starbucks Closing Up Shop Throughout Russia. Russians already lost their Big Macs. Now, Starbucks is going, too. The coffee chain said Monday its following the lead of McDonalds and other Western businesses and will exit Russia after 15 years to protest the invasion of Ukraine, reports NPR. The coffee chain will close its 130 shops and pay its approximately 2,000 Russian employees wages for another six months. Starbucks had temporarily suspended Russian operations in March | 25 | OPR_endunit |
United Natural Foods Warehouse to Wheels Program Helps Company Deliver for Customers During Critical Holiday Season While Building Pipeline of Future Truck Drivers. United Natural Foods, Inc. (the Company or UNFI) today announced that its Warehouse to Wheels program has grown by more than 300% over the past two years and is now available to associates at a majority of UNFIs 56 distribution centers. Originally developed at a single UNFI distribution center to help combat a driver shortage, today the program is offered to eligible distribution center associates interested in obtaining the training | 2 | OPR_constrfacil |
Toyota cuts November output, reduces full year forecast. Ongoing shortage of semiconductors blamed on continuing global Covid pandemic Toyota Motor said it had reduced its global vehicle production plan for November, in response to the ongoing shortage of semiconductors, which it blamed on the continuing global Covid pandemic. The Japanese automaker said it planned to reduce vehicle output in Japan to 250,000 units next month while its overseas production would be cut to 550,000 units | 11 | OPR_cutprod |
Southwest Airlines opens new $100m Technical Operations Hangar Facility. Southwest Airlines Co. today is celebrating the completion of a major infrastructure investment to support its long-term vision for its Denver operation with the opening of a new Technical Operations complex at Denver International Airport (DEN). The nearly three-year, $100 million, 130,000 square foot project includes a large aircraft maintenance hangar and room for offices, training, and warehousing to support the carriers Technical | 6 | OPR_startprod |
Equinor starts production at Norwegian floating wind farm. OSLO (Reuters) The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started producing its first power on Sunday, Norwegian energy firm Equinor said on Monday. The power was delivered to the Gullfaks A platform in the North Sea, the company said. Hywind Tampen is expected to meet about 35% of the electricity demand of the Gullfaks and Snorre oil and | 6 | OPR_startprod |
Morgan Stanley cuts production estimates for Apples new iPhone. Morgan Stanley is trimming its forecast for iPhone shipments by 3 million amid slower production in China due to its zero-COVID policies. | 20 | OPR_cutprodfcas |
Catalent expands packaging capabilities at Philadelphia facility. The expansion is intended to meet growing demand for biologic, cell and gene therapy distribution. US-based pharmaceutical company Catalent has undertaken an expansion project at its facility in Philadelphia, Pennsylvania, to increase its cold chain packaging capabilities. As part of the project, the company will extend the packaging area by around 20,000ft. It will also add seven temperature-controlled processing suites with full | 14 | OPR_upcapacity |
Ford Ramps Up Battery Production to Meet EV Production Targets. July 29, 2022 at 11:16 AM EDT American automaker Ford Motor recently announced that it has reached an agreement with a Chinese supplier to acquire electric vehicle batteries as part of its efforts to ramp up global EV production. The Michigan-based company plans on investing billions of dollars across three states to ramp up the production of new electric vehicles over the next few years. Naturally | 7 | OPR_upprod |
ProPetro Announces Electric Fleet Orders and Lease Agreement. Copyright Business Wire 2022. Tags DUBLIN--(BUSINESS WIRE)--Aug 22, 2022-- LEXINGTON, Kentucky--(BUSINESS WIRE)--Aug 22, 2022-- MIDLAND, Texas--(BUSINESS WIRE)--Aug 22, 2022-- MONTREAL--(BUSINESS WIRE)--Aug 22, 2022-- A bull that escaped from its pen has set off a panicked scene in the streets of a central Israeli city. The animal then ran into an office building and evaded capture for half an hour as it scampered through the hallways | 23 | OPR_leasefacil |
Report: Alphabet, Amazon, Meta, and Microsoft laying undersea fiber-optic cables helped increase data transmission capacity by 41% in 2020 while reducing costs (Christopher Mims/Wall Street Journal). Christopher Mims / Wall Street Journal:Report: Alphabet, Amazon, Meta, and Microsoft laying undersea fiber-optic cables helped increase data transmission capacity by 41% in 2020 while reducing costsThe four tech giants increasingly dominate the internets critical cable infrastructureTo say that Big Tech controls the internet might seem like an exaggeration. | 14 | OPR_upcapacity |
Home Depot stepping up spring hiring to 100,000 workers. Feb 1 (Reuters) - Home Depot Inc said on Tuesday it would hire more than 100,000 workers across its stores and warehouses, as the retailer gears up for its key spring selling season when demand for home-improvement products is at its peak. The company has typically hired around 80,000 workers for spring over the past several years. The spring season marks the busiest time of the year for home-improvement chains like Home Depot and Lowes Cos | 21 | OPR_newstaff |
Duke Energys North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses. One-time credit helps customers cover the cost of preparing their home for an electric vehicle charger. National Drive Electric Week (NDEW) is Sept. 23 Oct. 2 CHARLOTTE, N.C. Sept. 26, 2022 /PRNewswire/ -- Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in North Carolina who want to install electric vehicle (EV) chargers at their home or business. The companys Charger Prep Credit program helps cover | 3 | OPR_cutcost |
The St. Joe Company Announces Commencement of Development of Watersound West Bay Center, a Lifestyle Shopping Center Adjacent to the Latitude Margaritaville Watersound Community in Panama City Beach, Florida. PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--Jan 11, 2022-- The St. Joe Company (NYSE: JOE) (St. Joe) today announces commencement of development of Watersound West Bay Center, a lifestyle shopping center adjacent to the Latitude Margaritaville Watersound community in Panama City Beach, Florida. Plans call for the center, which has the potential to include approximately 350,000 square feet of leasable space at build out | 22 | OPR_revampfacil |
Toyota cuts July global production plan by 50,000 vehicles. The worlds largest car maker by volume expects to make 800,000 vehicles next month, it said in a statement. As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, there is a possibility that the production plan may be lower, the Japanese company said. Toyota and other car makers continue to struggle with supply-chain disruptions and component shortages caused by the COVID-19 pandemic including | 11 | OPR_cutprod |
Microsoft expands healthcare cloud strategy with new solutions and capabilities across data, AI and clinician experiences. Microsoft Corp. announced at HIMSS22 advancements in cloud technologies for healthcare and life sciences with the general availability of Azure Health Data Services and updates to Microsoft Cloud for Healthcare. Combined with the recent close of its acquisition of Nuance Communications, Microsoft says they are positioned to amplify an organizations ability to help others by leveraging trusted AI to address the biggest challenges transforming | 14 | OPR_upcapacity |