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PREMIER SOTHEBYS INTERNATIONAL REALTY ANNOUNCES THE RELOCATION OF ITS NEW SMYRNA BEACH OFFICE. By: Newswire.com June 13, 2022 at 18:00 PM EDT NEW SMYRNA BEACH, Fla. - June 13, 2022 - ( Newswire.com Premier Sothebys International Realty has announced the opening of its relocated New Smyrna Beach office at 114 Canal Street. The companys 2021 year-over-year sales volume in Central Florida increased by over 92% and this new expansive location was selected to better serve the areas valued customers
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Toyota Motor lowers October output target by 6.3%. FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song/File Photo TOKYO (Reuters) -Toyota Motor Corp on Friday lowered its October production target by 6.3% to about 750,000 vehicles because of a shortage of semiconductors. The announcement comes about a week after the worlds largest automaker by sales released its production target of about 800
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JetBlue orders 30 more Airbus A220 jets to speed Embraer retirements. An Airbus A220 at an assembly and finishing site in Mirabel, Quebec, Canada. (Graham Hughes / Bloomberg) JetBlue Airways Corp. is buying 30 additional Airbus SE A220-300 planes, bolstering the carriers fleet and allowing it to more swiftly retire older aircraft. The purchase, an exercise of prior options, brings JetBlues total order of the single-aisle jet to 100, the airline said Tuesday. JetBlue expects its ninth A220 delivery this month
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Toyota says its Tianjin joint venture resumed production on Jan 22. SHANGHAI (Reuters) Toyota said operations at its joint venture complex in the eastern Chinese city of Tianjin resumed operations on Saturday after measures to curb the spread of COVID-19 prompted it to shut the plant, a Toyota spokesperson said. The site, which Toyota runs with Chinese automaker FAW Group, was shut on Jan. 10 for 11 days, the Beijing-based spokesperson told Reuters on Monday. The plant was shut due to the impact on suppliers
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Bed Bath & Beyond Inc. Appoints Sue Gove President & Chief Executive Officer Published : Oct. 26, 2022 at 1:00 PM GMT+2 | Updated : 1 hour ago. UNION, N.J. Oct. 26, 2022 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today announced the appointment of Sue Gove as President & Chief Executive Officer (CEO). Since June 2022 , Ms. Gove has served as Interim CEO. The appointment was unanimously approved by Bed Bath & Beyond Inc.s Board of Directors. Ms. Gove will continue to serve on the Companys Board. (PRNewsfoto/Bed Bath & Beyond Inc.) (PRNewswire) We are pleased to announce
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Equifax Chief Information Security Officer Jamil Farshchi Appointed as a Strategic Engagement Advisor for the FBI. Equifax today announced that Chief Information Security Officer Jamil Farshchi has been appointed as a Strategic Engagement Advisor to the Federal Bureau of Investigation (FBI). In this role, which expands on his Equifax responsibilities, Farshchi will support the FBIs efforts to strengthen their relationship with the private sector and will support the Bureau in addressing the range of cyber threats facing businesses across America. Over the
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Equinor (EQNR) Decides Drilling of 25 Wells Offshore Norway. Equinor ASA EQNR has decided to drill 25 exploration wells off the coast of Norway in 2023, per Reuters. Thus, the total well count for next year will be higher than this years tally of 22. The source added that most of the wells would be drilled in the North Sea, while a few are likely to be drilled in the Norwegian and the Barents Seas. This reflects Equinors strong intention of supplying the maximum possible gas supplies to Europe as the
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HSBC is shutting 69 branches - will yours be affected?. HSBC is to close 69 branches across the UK, affecting around 400 staff, as customers shift to online and mobile banking. The lender said that fewer than 50% of its customers now actively use its branch network, with the average footfall declining by more than 50% since 2017. HSBC said the shift towards online and mobile banking had accelerated since the start of the pandemic. It follows the announcement in January last year of 82 branch
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VAALCO Energy Announces Successful Drilling of Avouma 3H-ST Development Well. HOUSTON, April 11, 2022 (GLOBE NEWSWIRE) VAALCO Energy Inc. (NYSE: EGY; LSE: EGY) ( VAALCO or the Company ) today announced the successful drilling of the Avouma 3H-ST development well that was drilled from the Avouma platform in the Etame field, offshore Gabon. Read more
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The Government of the Kingdom of Cambodia Announces Ford Opens New Assembly Plant in Cambodia. PR Newswire PHNOM PENH, Cambodia, June 22, 2022 Demand for new vehicles in Cambodia is growing along with the economy and the middle class PHNOM PENH, Cambodia June 22, 2022 /PRNewswire/ -- The Kingdom of Cambodias first Ford assembly plant was inaugurated on June 16 in Pursat province, as more Cambodians seek new Ford models in a growing economy. The new plant represents a capital investment of $21 million In the first 5 months of May 2022
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Netflix UK: 5 hacks to save money on streaming subscription including cutting costs by 96 per year NationalWorld. Spain Covid travel rules: entry requirements for UK tourists, face mask rules can unvaccinated enter? How to eat healthy on a budget: 7 tips from experts on foods to eat and diet hacks amid cost of living crisis UK customers have a choice of three different subscription packages which vary in price per month Netflix is the go-to source for entertainment in many UK households, with the service attracting more than 15 million subscribers
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Baidu Shares Rally 5% After Beating Estimates, Analysts Praise Effective Cost Control Measures. By Senad Karaahmetovic Shares of Baidu (NASDAQ: BIDU ) are up nearly 6% in pre-market today after the search engine reported better-than-expected results. Baidu reported first quarter revenue of 28.41 billion yuan, up 1% YoY and above the analyst consensus of 27.86 billion yuan. Adjusted profit per American depositary receipt stood at 11.22 yuan, topping the consensus estimates of 5.17 yuan. Baidu reported 4 billion yuan in adjusted operating
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Grainger (GWW) to Gain From E-Commerce Demand & Cost Cuts. In this article: W.W. Grainger, Inc. GWW is poised to gain from solid recovery in solid e-commerce sales, demand for non-pandemic products volume and strong momentum in the High-Touch Solutions and Endless Assortment segments. Efforts to strengthen customer relationships and investments in growth initiatives will continue to support the top line. Benefits from price realization and cost-reduction actions will boost margins
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AerCap Holdings Signs Lease Agreements with TUI for Three Embraer E195-E2 A. DUBLIN Oct. 20, 2022 /PRNewswire/ -- AerCap Holdings N.V. (AerCap or the Company) (NYSE: ) today announced it has signed lease agreements with TUI Group TUI for the lease of three Embraer E195-E2 aircraft which are scheduled to begin delivery March through May 2023 . The aircraft, powered by Pratt & Whitney GTF engines, will be the first E195-E2 to enter TUIs fleet. 2022 Barchart.com, Inc
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National Instruments Corporation Releases Latest Battery Test System to Enhance Safety and Performance of Electric Vehicles. National Instruments Corporation announced the release of its latest Battery Test System for electric vehicle testing. The system is designed to help Tier 1 suppliers and automakers adapt to the complexity and scale of EV battery testing through enhanced customization, automation and connection of data across the entire battery test workflow to ensure performance and accelerate time to market. Batteries are at the core of the shift to
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Toyota considers sharp boost in output of first EV, but not before 2025: Sources. TOKYO: Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping up output of the vehicle amid a broader strategy rethink. The Japanese automaker is considering increasing production of its bZ4X electric vehicle (EV) crossover by either six or 12 times from its current monthly output of a little more than 1
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Toyota slashing global production by 100,000 due to chip shortage. Photo by: bernardsie/Pixabay Toyota Motor Corp. announced this week that it would be cutting down its global production of automobiles by 100,000 to about 850,000 as the chip shortage continues to bite. The Japanese automaker is imposing the cuts starting next month. Toyota Motor said on Tuesday, May 24, that the number of vehicle production will be reduced in June. However, it was noted that the company did not revise its manufacturing
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Sibanye-Stillwater cuts U.S. production guidance after Montana floods. (Adds details) Aug 11 (Reuters) Sibanye-Stillwater cut its production forecast for its PGM mines in the United States after floods in Montana forced the South Africa-listed miner to shut its Stillwater mine for seven weeks, cutting an estimated 60,000 ounces from 2022 production. Sibanye now expects its U.S PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580
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Johnson & Johnson Opens First Satellite Center for Global Health Discovery in Asia Pacific at Duke-NUS to Advance Dengue Research. Provided by PR Newswire Johnson & Johnson Opens First Satellite Center for Global Health Discovery in Asia Pacific at Duke-NUS to Advance Dengue Research Johnson & Johnson Opens First Satellite Center for Global Health Discovery in Asia Pacific at Duke-NUS to Advance Dengue Research PR Newswire SINGAPORE, June 20, 2022 The new Satellite Center will work to accelerate discovery research against flaviviruses, including dengue
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Match Group Hires New CEO, Disney Streaming Poaches Two SVPs. Moves, our roundup of job changes in L.A. tech, is presented by , dot.LAs recruiting and career platform connecting Southern Californias most exciting companies with top tech talent. Create a free profile and if youre looking for ways to supercharge your recruiting efforts, find out more about s white-glove recruiting service by emailing Sharmineh OFarrill Lewis ( ). Please send job changes and personnel moves to Dating app
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Haemonetics Appoints James DArecca Chief Financial Officer. Haemonetics Corporation (NYSE: HAE) today announced that James C. DArecca will join the Company as Executive Vice President, Chief Financial Officer, effective April 11, 2022. He will report directly to Chris Simon, Haemonetics President and Chief Executive Officer. In this role, DArecca will oversee the Companys treasury, controllership and accounting, investor relations, tax, information technology
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J.P. Morgan ups Mexican economic growth forecast on manufacturing boost. MEXICO CITY (Reuters) - J.P. Morgan analysts raised their economic growth forecast for Mexicos third quarter gross domestic product (GDP), as well as for 2022, after August trade data signaled a stronger than anticipated output from the countrys manufacturing sector. The analysts forecast for the July to September period now calls for 1.5% growth, compared to an earlier estimate of 0.5%, which boosts the full year projection to 2.2% growth
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CNOOC Limited Announces Bozhong- Kenli Oilfields Onshore Power Project Commences Operation Successfully. PR Newswire HONG KONG, Dec. 25, 2022 HONG KONG Dec. 25, 2022 /PRNewswire/ -- CNOOC Limited (the Company, SEHK: 00883, SSE: 600938) announces today that Bozhong- Kenli oilfields onshore power project commences operation successfully. Bozhong-Kenli oilfields onshore power project is located in Bohai Bay. The main facilities of the project include 4 offshore electric power platforms and 1 onshore high-voltage substation
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Equinix expands Singapore data centre with $86M investment. Its fifth data centre in Singapore houses an additional 1,475 cabinets, offering 83,000 square feet of colocation space, and is touted to meet the governments focus for such facilities in the country to be resource-efficient.
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Southwest Airlines keeps 2022 profit forecast as bookings and fares outpace higher costs. A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 2022 profits as bookings and fares outpace a jump in labor, fuel and airport costs. The Dallas-based carrier expects second-quarter revenue growth of 8% to 12% over the $5.9 billion it brought in during the same quarter of 2019
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Ford sticks with full-year profit despite surging costs. Adds CFO comments, financial details, updates stock price DETROIT, July 27 (Reuters) - Ford Motor Co F.N on Wednesday reported better than expected second-quarter profit and reaffirmed its profit outlook for the year, but said management is actively looking at how to offset surging costs. Ford shares were up 6.8% in after-hours trade. Results were driven by higher-margin vehicles, partially offset by higher commodity costs and expenses
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Lincoln Electric Works With Chevron to Accelerate Refinery Maintenance Using Lincoln Electrics 3D Metal Printing Solution. Lincoln Electric Holdings, Inc. Lincoln Electrics additive manufacturing solution delivers parts in 30 days CLEVELAND, April 26, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) Lincoln Electric utilized its proprietary large-scale, metal 3D printing solution to deliver just-in-time parts to Chevron USA, Inc. to help bring a refinery back online according to schedule. During a recent routine maintenance shutdown
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Ford begins building its first new auto plant in 53 years. Not everyone is happy. At this point, BlueOval City is a big dig, with thousands of construction workers boring deep holes for foundation footings using gargantuan drills that would look at home in a Mad Max movie. More than 6,300 holes that could accommodate a compact car dot the landscape. Rising from the Tennessee soil is the start of a white steel skeleton that will frame the half-mile long battery plant taking shape at one end of a site that a year ago grew
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Stellantis reports a big profit even as a global chip shortage cut production.. The automaker Stellantis said its profit more than doubled in 2021 to 13.3 billion euros, a result of cost savings and higher prices that more than offset disruptions to production and sales caused by the global shortage of computer chips. The company, which was formed a year ago by the merger of Fiat Chrysler and Frances Peugeot, said revenue for the year rose 14 percent to 149 billion from 134 billion in 2020 The bottom-line result was a
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Intel builds $ 20BN chip factory in Ohio | Technology News. Chip makers want to mitigate the global shortage of chips that power everything from phones to cars. Chip maker Intel has announced that it will invest $ 20 billion to build a new factory in Ohio, USA. It alleviates the global shortage of chips that power everything from phones to automobiles to consumer electronics, while at the same time demonstrating a giant companys commitment to manufacturing critical technologies. US product
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Carnival Corp upgrading fleet with fuel and energy saving technology. Carnival Corp is to roll out a comprehensive package of technology upgrades, dubbed Service Power Packages across its fleet. The aim is to further improve energy savings and reduce fuel consumption, the company said. Upgrades include ongoing installations through 2023 on ships from the companys nine cruise line brands Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises
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Banco Santander S A : Openbank begins operations in Argentina. The bank is offering savings and salary accounts, debit cards, and access to the instant money transfer platform, Debin. Its first-class digital banking platform includes free services, such as a digital password databank and a dashboard to keep track of payment methods in use. 31 January 2022 Openbank, Santanders 100% digital bank, has landed in Argentina. After several months of allowing certain users to test its new platform
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U.S. Senate banking panel urges Wells Fargo to finally fix problems. By Pete Schroeder WASHINGTON (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday called on Wells Fargo & Co Chief Executive Charles Scharf to finally address weaknesses at the bank, including governance, risk management, and hiring practices. In a letter to the CEO, Senator Sherrod Brown said the bank, which remains under a regulatory limit on its growth due to a large fake accounts scandal and other problems
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Catalent Expands Singapore Clinical Supply Facility for Increased Temperature-Controlled Capabilities. SOURCE Catalent Catalent, the global leader in enabling biopharma, cell, gene, and consumer health partners to optimize development, launch, and supply of better patient treatments across multiple modalities, today announced a $2.2 million expansion to its clinical supply facility in Singapore . The investment will increase the sites footprint by nearly 20% to 31,000 square feet, and allow the installation of 35 new freezers for ultra-low
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HopePrescott.com: Tyson Foods opens new feed mill. FULTON Tyson Foods new $75 million poultry feed mill was formally dedicated Thursday with a ribbon cutting on Highway 195 between Cross Roads and Fulton. The Hempstead County Economic Development Corporation, Hope-Hempstead County Chamber of Commerce, Hempstead County, City of Hope, and Tyson officials formally cut the ribbon and toured the new facility. Complex Manager Randy King welcomed the guests and explained the new mega-mill will has
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Toyota misses May global production target, third month of shortfall. TOKYO (Reuters) -Toyota Motor Corp on Wednesday said it missed its already downgraded global production target for May, falling short for the third month running, as Chinas COVID-19 lockdowns and semiconductor shortages continued to bite. The worlds largest automaker by sales said it produced 634,940 vehicles globally last month, a 5.3% decline from the same month last year and short of its target of about 700,000
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McEwen Mining shares surge despite lower Q3 output, revised FY 2022 guidance. McEwen Mining (NYSE, TSX: MUX) reported on Monday its financial and operating results for the third quarter of 2022, during which it posted a consolidated net loss of $10.5 million or $0.21 per share, beating the consensus EPS forecast of $0.37 a share.According to the diversified gold and silver producer, the Q3 net loss relates primarily to the $7.8 million spent on its Los Azules project, as well as $5 million on exploration and advanced
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How to Get Intel & Start Hero Ops in Midnight Suns. The key details on how to get Intel and start on Hero Ops in Marvels Midnight Suns. With the launch of Marvels Midnight Suns, superhero fans around the world can now take part in the ultimate fantasy of fighting alongside their favorite superheroes against Lilith and Hydra. However, it is not always the big battles that can turn the tide. In the fight against evil, every little bit counts, and that is where Captain Marvel and the C.E.N.T.R.A.L
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Sony announces development of its first over-the-counter hearing aid for the US. allows over-the-counter sales of hearing aids is widely expected to make the devices easier to obtain and (hopefully) more affordable for consumers. And now, one of techs most influential companies, Sony, has confirmed plans to enter the OTC hearing aid market in the United States. Its first such product is already in development. According to a press release issued this morning , Sony has formed a partnership with Denmarks WS Audiology to
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SolarEdge (SEDG) South Korea Sella 2 Facility Starts Operation. SolarEdge Technologies, Inc. SEDG recently revealed that its 2-gigawatt battery cell manufacturing facility in South Korea, Sella 2, is now operational. The move is in sync with SolarEdges intent to capitalize on the growing demand for ion cells and batteries globally amid the supply-chain constraint. The facility, which aids the company in having its own supply of lithium-ion batteries and infrastructure for product innovation
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BASF expands production capacity in China for industry-leading cathode active materials and achieves multi-ton scale manufacturing for manganese-rich products. Newly expanded lines incorporate cutting-edge energy recovery technology for a leading carbon footprint BASF Shanshan Battery Materials Co., Ltd. (BSBM), a BASF majority-owned company in China (BASF 51%; Shanshan 49%), is expanding its battery materials capacity in Changsha, Hunan Province, and Shuizuishan, Ningxia Province, to meet the fast-growing local and global demands of the electric vehicle (EV) industry
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Siemens India Appoints SAP Labs India MD Sindhu Gangadharan As An Independent Director To The Siemens India Board. With her decades of experience and background, she will be a powerful asset to the company as she accelerates growth throughout the region, said the company in a statement. Siemens India appoints Sindhu Gangadharan as an independent director to the Siemens India board. She is senior vice-president and MD, SAP Labs India, and head SAP User Enablement. SAP Labs India is where she started her career as a young software developer
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GM starts producing the Cadlllac Lyriq EV ahead of schedule. Orders will resume on May 19th. In this article: Ultium electric vehicle news gear EV transportation electric car GM Lyriq cars Cadillac Its all too common for electric vehicle makers to delay releases , but GM claims its bucking the trend. The company says it has started production of the Cadillac Lyriq at its Spring Hill, Tennessee plant about nine months ahead of the initial schedule
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Verizon and AWS expand to 30% more metro area locations with mobile edge computing. What you need to know: Developers and businesses can now build and deploy applications at the edge of Verizons wireless network in Charlotte, Detroit, Los Angeles and Minneapolis. Easy Aerial and Fermata Energy use Verizon 5G Edge with AWS Wavelength for drone and energy management applications that require latency many times faster than the blink of an eye. Verizon and AWS teaming with SaaS providers Couchbase and Confluent to give
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JPMorgan says labor shortage requires unconventional hiring, including people with criminal records. says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people with criminal records and hundreds of people with autism or other conditions, , JPMorgans global head of diversity, equity and inclusion, said Thursday during CNBCs Equity and Opportunity forum. Theres a labor shortage
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GM extends Chevy Bolt production delay, NHTSA closes battery fire investigation. General Motors announced that Chevrolet Bolt EV production will last through March and will extend until early April. Additionally, the National Highway Traffic Safety Administration (NHTSA) closed its October 2020 investigation into the Bolt EV for battery-related fires earlier this month. In July, GM issued a warning to 2017-2019 model year Chevrolet Bolt EV owners, stating a potential risk of fires had been reported after some owners had
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MAG Silver Reports First Quarter Production from Juanicipio. (MAG or MAG Silver) is pleased to report first quarter production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (Fresnillo) and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 145,484 tonnes of mineralized material were processed during the three months ended March 31, 2022 (three months March 31, 2021: 36
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Walmart reports big shortfalls as higher costs and supply chain eat away at profits. Walmart on Tuesday reported quarterly results that far exceeded Wall Street expectations as the nations largest retailer felt pressure from rising fuel costs and higher inventory levels. The shares were down about 7% in premarket trading. The company raised its sales outlook this year, saying it expects net sales to grow about 4% in constant currency for the full year. He previously forecast a 3% increase
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BUZZ- Sibanye Stillwater 2021 gold output within target range, shares up. ** U.S.-listed shares of South African precious metals miner up as much as 2.38% at $15.9 ** Cos 2021 gold output within the target range, boosted by a strong second-half performance, even though some operations were halted ** Annual gold production was at 27,747 kilograms, compared with its lower-end estimate of 27,500 kilograms; second-half production was 7% higher than the first half ** Beatrix processing operations will resume in April
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Carnival Cruise Line Adding Another Ship to Its Fleet (This Year!) | Modesto Bee. In addition to Carnival Celebration, the cruise line has a plan to expand its fleet. The cruise industry is almost back to normal. Well, give or take having to get a negative covid test before boarding a cruise , a safety procedure that some people find necessary and some find stress inducing. Last month, the three big players in the cruise industry, Carnival Cruise , Royal Caribbean and Norwegian Cruise Line
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Video: Ford Maverick Faces Production Delays. The Ford Maverick is a brilliant idea. It pushes back against trends that have left many truck shoppers alienated and unsatisfied in recent years. In a world where trucks keep getting bigger, the Maverick is genuinely small just 16 inches longer than the compact Honda Civic and just a few inches wider. In a world where prices keep going up, its affordable. The base model costs less than $20,000
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Phillips 66 Announces Expansion Open Season for Seminoe Pipeline. August 12, 2022 at 08:30 AM EDT Phillips 66 (NYSE: PSX) announces that its subsidiary, Phillips 66 Carrier, LLC, is launching a binding expansion open season on its Seminoe Pipeline system to solicit shipper commitments for services from Billings, Montana, to Casper, Wyoming. The expansion open season will provide an opportunity for interested shippers to secure long-term refined product transportation with Seminoe Pipeline under binding
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Petrobras takes FPSO spending in Singapore to almost $9bn with order at Sembcorp Marine. Sembcorp Marine says order is the largest it has ever secured from the Brazilian oil major https://www.tradewindsnews.com/offshore/petrobras-takes-fpso-spending-in-singapore-to-almost-9bn-with-order-at-sembcorp-marine/2-1-1327077
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Skip to main content Enable accessibility for visually impaired Open the accessibility menu Hide Unhide Workers claim Starbucks is retaliating against union by closing Seattle store More Videos 0 seconds of 0 seconds . SEATTLE (KOMO) Starbucks is closing a store in Seattles Capitol Hill neighborhood in December over reported safety issues like theft, drug use, and even assault. Workers are fighting back, claiming the coffee giant is retaliating against the store that was the first to unionize in Seattle. Starbucks has made it a point to talk about safety. Theyve made a point to tell us to file incident reports to say something unsafe has happened
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Dollar General shares slide as profit impacted by increased product costs. Stock Markets 3 minutes ago (Dec 02, 2022 02:50) DG By Sam Boughedda Dollar General (NYSE: ) shares plunged Thursday after the company reported third-quarter earnings before the open, missing earnings estimates. The discount retail companys came in at $2.33, $0.21 worse than the analyst estimate of $2.54, while revenue topped the consensus estimates at $9.5 billion versus the consensus estimate of $9.42B
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Activision Adds Legal Staff Amid Labor Fight, Microsoft Deal (1). Activision Blizzard Inc., a video game holding company that expects to close on its $69 billion sale to Microsoft Corp. next year, has hired three attorneys in labor- and employment-focused positions and subsidiary Blizzard Entertainment Inc. A new General Counsel has been named for. The company promoted its chief privacy officer, Carolyn Elkin, in July to the additional role of chief labor attorney
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Micron Technology Says As Higher Cost Inventories Sell Through, We Expect Underutilization Impacts To Continue Into FY24; Says Significantly Reducing CapEx In FY24 Compared To Prior Plans. Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday. Want the fastest, most accurate stock market intelligence? Want EXCLUSIVE stories originated by Benzinga reporters? Join 10,000+ serious traders in the Benzinga Pro community! The most trusted brand in stock market news Fatest intelligence & alerts Active
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The Morning After: Sony is buying the studio behind Destiny for $3.6 billion. Its another big game studio deal. Sony has announced plans to acquire Bungie, the studio behind the hit sci-fi MMO shooter Destiny, in a deal worth $3.6 billion. Bungie is positioning the acquisition as the start of a new era for the company one focused on global multimedia entertainment, not just games. One notable point: Bungie will continue to develop for multiple platforms, not just PlayStation
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Radix Wins R$49 million Contract with Petrobras for Well and Subsea Engineering Solutions. Radix Wins R$49 million Contract with Petrobras for Well and Subsea Engineering Solutions HOUSTON, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Radix Engineering and Software has closed a R$49 million (approx. $9.5 million USD) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. Radix will develop software for two lots of subsea and one lot of wells
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Planet Fitness, Inc. To Acquire 114 Locations From One Of Its Franchisees, Sunshine Fitness Growth Holdings, LLC. Transaction expected to be accretive to Adjusted Net Income per diluted share in 2022 Locations with leading store-level profit margins in the Planet Fitness system Company will own approximately 10% of total systemwide store base upon completion of the transaction, retaining its asset-light business model Company provides member count and new store development for fiscal year 2021 HAMPTON, N.H., Jan
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Equinix Completes $86M Upgrade of SG Data Centre and More Asia Real Estate Headlines. Equinix SG5 in Singapores Tanjong Kling area In todays roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu Dhabis sovereign wealth fund takes a stake in an Indian private equity firm, and Hong Kong developers cut prices to boost home sales. US-based Equinix said Thursday that it had completed an $86 million expansion of its fifth data centre in Singapore
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TC Energy restarts Keystone pipeline extension after oil leak repairs. CALGARY TC Energy Corp. says it has restarted the southern extension of its Keystone pipeline after repairing a Dec. 7 leak that led to the worst oil spill in the pipelines history. The Calgary -based company says it will operate the pipeline under plans approved by U.S. regulators, including additional safety measures such as reduced operating pressure. TC Energy restarted most of the 4,324-kilometre Keystone pipeline system on Dec
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Kelloggs launches new food innovation centre in Manchester. Manchester headquartered Kelloggs has announced the opening of a new food innovation centre based at its Trafford Park factory. The Culinary and Sensory Centre, officially opened by Greater Manchester Mayor, Andy Burnham, has taken over 18 months to develop and consists of a packaging design lab, a culinary kitchen, a sensory hub and a small-scale cereal factory. The business has invested more than half a million pounds into the hub
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PG&E works to restore power to thousands of Bay Area customers. At one point, the outage impacted as many as 9,000 customers, mostly near the Edgewood Fire zone.
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Ford warns of significantly higher costs in Q3. Ford Motor Company ( NYSE: F ) slid roughly 5.0% in extended trading after the legacy automaker said costs in its current financial quarter will be significantly higher than its previous estimate. What will drive the additional cost? The car manufacturer warned of an extra $1.0 billion in inflation-related supplier costs. Up to 45,000 vehicles, it added, were not delivered this quarter due to parts shortage
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Ford begins production of its first electric pickup truck, the F-150 Lightning. We plan to challenge Tesla and all comers to become the top EV maker in the world, Ford CEO Jim Farley said. Read more at ZDNet https://www.zdnet.com/article/ford-begins-production-of-its-ev-pickup-the-f-150-lightning/
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Toyota expands electric car parts production at 2 US plants. BUFFALO, W.Va. (AP) Toyota Motor Corp. announced Friday that it will further expand production of electric vehicle parts at plants in West Virginia and Tennessee in a $90 million investment. The announcement comes three months after the Japanese automaker said it would invest $240 million to add a production line dedicated to hybrid powertrains at its facility in Buffalo, West Virginia. The latest upgrade involves spending $73 million at the
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ExxonMobil streamlines structure to enhance effectiveness, grow value, reduce costs. ExxonMobil reports it is further streamlining its business structure by combining chemical and downstream companies and centralising technology and engineering, and other support services, to better support customers, enhance performance and grow value. Our transformed business structure enables us to more fully leverage the corporations scale, integration, technology advantages, and the skills and capabilities of our talented workforce
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Maruti & Toyota starts trial production of the upcoming SUVs. Maruti Suzuki and Toyota are co-developing new SUVs for the Indian market. The test mules of the SUVs have been spotted once and Maruti will launch the SUV around Diwali 2022 whereas Toyota will launch soon after. According to Autocar India, Maruti Suzuki and Toyota have started trial production of the upcoming SUVs. Maruti has codenamed their SUV, YFG while Toyota is calling their version D22. Both the SUVs will be produced at Toyotas Bidadi
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Nissan raises profit outlook as cost cuts, weak yen boost profitability. TOKYO, (Reuters) Nissan Motor Co on Tuesday raised its full-year operating profit forecast by 17% to 210 billion yen ($1.82 billion) as cost cutting helped bolster profitability and the carmaker benefited from a weak yen. The outlook is higher than a mean 194 billion yen profit based on estimates from 20 analysts, Refinitiv data shows. Like other big global carmakers, Nissan has been forced to cut output
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Omnicom Expands eCommerce Capabilities. PR Newswire NEW YORK, Sept. 22, 2022 Transact will offer leading eCommerce and eRetail services powered by Omni NEW YORK Sept. 22, 2022 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced Transact, a dedicated practice focused on connected-commerce consulting and eRetail execution services. Transact will drive sales and grow market share on eRetail platforms, capitalizing on Omnicoms recently announced partnerships with Amazon
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Toyota hits by chip shortage, to miss annual production target. Toyota has said that it expects to see fewer cars roll off its production lines in the 2021 and 2022 business year due to semiconductor supply issues. Toyota is likely to miss its forecast of 9 million vehicles manufactured worldwide by the end March 31, the company said in Tokyo. For the time being, the company did not name a new production target for the fiscal year. Toyota said that production was set to start slowing down as soon as
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Walmart adding 4 fulfillment centers, more than 4,000 jobs | Hilton Head Island Packet. Walmart is adding four new fulfillment centers to its existing capacity, a move that will bring more than 4,000 jobs and make next- or two-day shipping available to more Americans. The announcement comes at a time when consumers are relying on packages being shipped to their homes more than ever before. While online ordering has continued to increase over the years, the pandemic saw a huge surge in such orders as Americans stayed home during
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Baker Hughes Rig Count: U.S. Up 10. The U.S. rig count is up 10 from last week to 645 with oil rigs up four to 520, gas up six to 124, and miscellaneous rigs unchanged at one.
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KB Home says supply-chain, employment issues are delaying construction of new homes; stock sinks. [view original post ] By Jeremy C. Owens Home builder misses on earnings, revenue and houses completed in quarterly report; executives expect that homes will now cost more this year KB Home executives said that issues with supplies and hiring enough workers harmed the companys ability to complete construction of homes early in 2022, and financial results missed expectations in a Wednesday report, sending shares lower
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Intuitive Surgical has leased a distribution center down the road from its Sunnyvale headquarters. Intuitive Surgical, which does manufacturing at its headquarters in Sunnyvale, leased a warehouse and distribution center nearby this spring. Intuitive Surgical The maker of medical robotics has leased a 127,000-square-foot warehouse near its headquarters and manufacturing center. THIS ARTICLE IS FOR SUBSCRIBERS ONLY Continue reading with your subscription Access 4 weeks of business news and insights Intuitive Surgical Inc
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Ford slashing 3,000 white-collar jobs in bid to lower costs. Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and shift from internal combustion to electric vehicles. Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a companywide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers. The cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada
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Bob Iger is returning as Disney CEO in a dramatic shakeup. Bob Iger is returning as Disney CEO in a dramatic shakeup By S. Dent Engadget 5 minutes ago Read full article on original website
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OPAL Fuels, NextEra Energy Marketing, and Republic Services Begin Operations at Minnesotas First Landfill Gas to Renewable Natural Gas Facility. Project in Inver Grove Heights expected to produce 6.3 million gasoline gallon equivalent per year of low-carbon renewable natural gas OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), and NextEra Energy Marketing, LLC, a subsidiary of NextEra Energy Resources, LLC, today announced the commencement of commercial operations at the first landfill renewable natural gas (RNG)
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Toyota to resume Japan production after virus hits supplier. Toyota plans to resume production at all of its 14 plants as of Wednesday, after they were idled for a Toyota plans to resume production at all of its 14 plants as of Wednesday, after they were idled for a day due to a cyberattack on a domestic supplier. The supplier, Kojima Industries Corp., said Tuesday it had found a virus in its computer server. Details were under investigation, it said. The two companies had worked out alternative ways to
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ExxonMobil eyes maintenance at butadiene unit. 14 Nov 2022 10:05 IST
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Elbit Systems Awarded a Follow-On Contract to Supply Hermes 900 Unmanned Aircraft Systems to the Brazilian Air Force. In this article: HAIFA, Israel Jan. 5, 2022 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (Elbit Systems or the Company) announced today that its Brazilian subsidiary, AEL Sistemas S.A. (AEL), was awarded a contract to supply additional Hermes 900 UAS (Unmanned Aerial Systems) to the Brazilian Air Force Fora Area Brasileira FAB The contract is in an amount that is not material to Elbit Systems and will be performed
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Danaos Corp Danaos Corporation Announces $1 Billion in Incremental Contracted Revenues and Sale Proceeds Through New Charter Arrangements for 11 Vessels and the Agreement to Sell 2 Vessels (Businesswire). 2022-01-18 13:31 Danaos Corporation (the Company) (NYSE: DAC), one of the worlds largest independent owners of containerships, announced today that it has entered into new charter arrangements for 11 of its vessels ranging between 2,500 to 10,000 TEU with major liner companies, that significantly improve cash flow visibility and charter coverage. These charters, which have a revenue weighted average contract duration of 4.7 years commence on
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LyondellBasell plans maintenance at BDO plant. Petrochemical industry | 03 Feb 2022 05:40 IST | Polymerupdate.com
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BASF Korea starts maintenance at TDI plant. 31 Oct 2022 05:55 IST
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Toyota to resume Japan production after virus hitssupplier. The two companies had worked out alternative ways to carry on with manufacturing even though the server problem was not yet resolved, said Toyota Motor Corp. spokeswoman Shiori Hashimoto. Many pandemic-weary Western countries will soon mark two years of restrictions as copycat protests spread to Australia, New Zealand and France now the highly infectious Omicron variant begins to ease in some places
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Deutsche Banks International Private Bank Hires 4 Bankers in Americas. By Reuters | July 14, 2022, at 1:06 p.m. FILE PHOTO: Employees of Deutsche Bank gather ahead of the banks annual shareholder meeting in Frankfurt, Germany, May 23, 2019. REUTERS/Kai Pfaffenbach/ Reuters (Reuters) - Deutsche Banks International Private Bank on Thursday hired four bankers in the Americas, according to an internal memo seen by Reuters. The new hires will help the bank strengthen its commercial real estate and structured
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PLANET FITNESS FRANCHISE GROUP, EXCEL FITNESS, ACQUIRES 14 LOCATIONS IN VIRGINIA & NORTH CAROLINA FROM LOCAL FRANCHISEE. Published Aug. 25, 2022 at 11:07 PM CEST | Updated 5 minutes ago Franchisee Excel Fitness announces acquisition and plans to continue providing accessible and affordable fitness for local communities VIRGINIA BEACH, Va. Aug. 25, 2022 /PRNewswire/ -- Excel Fitness, a franchisee of Planet Fitness , today announced its acquisition of 14 Planet Fitness locations in the Hampton Roads region of Eastern Virginia from the KSMA group
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NEC and Juniper Networks deploy Algeria telecoms nationwide 5G-ready IP metro network. Network automation tools deployed to drive assured user experience Press Release May 26, 2022 TOKYO & SUNNYVALE, Calif.--(BUSINESS WIRE/AETOSWire)-- NEC Corporation (NEC; TSE: 6701), a leading global IT and network transformation services provider, and Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced they have worked with Algeria Telecom, the leader in the Algerian telecommunications market
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Daimler to slash 15,000 jobs as cost cuts intensify, says paper. FRANKFURT: German luxury carmaker Daimler is intensifying existing cost-cutting measures and plans to cut up to 15,000 jobs, Handelsblatt newspaper reported, citing company sources. The group in had said in November that it would cut at least 10,000 jobs and reduce staff costs by around 1.4 billion (RM6.4bil) by the end of 2022, a number Handelsblatt said would be significantly exceeded. The group plans to announce the expanded savings at its
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PepsiCo India appoints Leo Burnett to handle creative. PepsiCo has appointed Leo Burnett as its creative partner in India. The agency will handle creative across mainline and digital for its foods and beverages portfolio. The account was won post a multi-agency pitch. George Kovoor, SVP, PepsiCo India, said, At PepsiCo India, our aim is to create innovative and purposeful consumer campaigns that help us engage effectively with our consumers. With an intent to further accelerate our marketing
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Equinor increases capacity at Hywind Tampen site. The turbines at the floating offshore wind farm will now come with capacity of 94.6MW rather than 88MW. Equinor has begun work on the floating platforms for the offshore wind turbines that will be shipped off to the Hywind Tampen site. The first turbine has been installed on the platform, and Equinor expects all 11 units ready by September. Hywind Tampen is now ready to produce for Snorre and Gullfaks in the third quarter
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The St. Joe Company Announces Commencement of Development of a New 216-unit Apartment Community to Be a Part of Its Larger Master Planned Community in Mexico Beach, Florida. The St. Joe Company ( NYSE: JOE ) (St. Joe) today announces commencement of development of a new 216-unit apartment community to be a part of its larger master planned community in Mexico Beach, Florida. Site work for the apartment community is underway on the west end of Mexico Beach near U.S. Highway 98 and the towns public boat ramp. St. Joe is creating the planned apartment community with joint venture partner HomeCorp
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T OKYO (Reuters) -Toyota Motor Corp said on Thursday it is cutting its global vehicle production target in April by 150,000 units to 750,000 as a continued semiconductor shortage and the COVID-19 pandemic bite into the automakers production. Average monthly global production for the period from April to June would be about 800,000 units, it added. Related video: We have pricing power and will continue to invest in our brands, says Advance Auto Parts CEO (CNBC) Toyotas global vehicle production would be down 10% in May and 5% in June compared to previous estimates made at the beginning of the year, a company executive said. The announcement comes roughly a week after it said it
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Allison Transmission : Slen Buss Invests in New Buses with Allison Transmissions for Increased Capacity and Smoother Driving. Since 2013, the family company Slen Buss has had an agreement with SkiStar to run recreation buses going between the slopes and the cabins within Slens four ski areas. Ahead of the 2021-2022 season, Slen Buss acquired two new Isuzu NovoCiti Life buses with Allison transmissions for increased capacity and a smoother ride for drivers and passengers. SLEN, Sweden, March 2022 - Founded in 1987, Slen Buss began with a single taxi
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Daimler Truck begins producing Mercedes-Benz branded trucks in China. FILE PHOTO: A new Daimler AG, FUSO battery-powered eCanter urban delivery truck is unveiled during a news conference in New York BERLIN (Reuters) - Daimler Truck has begun producing Mercedes-Benz branded trucks in China, with the first vehicles rolling off production lines at its joint plant with Chinas Foton Motor Co in Beijing on Friday, the truck and bus maker said. China is the worlds biggest market for heavy trucks
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Tyler Technologies Unveils Renovation of Lubbock, Texas, Office. Oct 28, 2022 09:17 am LUBBOCK, Texas -- Tyler Technologies, Inc. (NYSE: TYL) announced it has completed a significant renovation to its Lubbock, Texas, office, home to Tylers Local Government Division. The building expansion and renovation allows Tyler to grow its local employee count from 261 to 350 and reflects Tylers continued investment in the South Plains. Tyler currently employs more than 7,200 employees throughout the country
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Starbucks closes stores in Seattle and Kansas City, unions respond. Yahoo Finances Dani Romero discusses reports that Starbucks is closing two storefronts and what it means for the unionization push.
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UPDATE 1-Dollar General cuts annual profit outlook on higher costs. Thu, 01 Dec 2022 11:08:58 GMT (Adds details on profit forecast) Dec 1 (Reuters) Dollar General Corp trimmed its annual profit forecast on Thursday, signaling that pressures on the discount store chains margins were mounting amid higher costs and a drop in demand for discretionary items, sending shares 8% lower premarket. The retailer said it saw unanticipated delays in its supply chain, resulting in higher-than-expected transportation costs
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Boeing reorganizes aerospace and defense business, consolidates it in fewer divisions. By Claudia Assis Boeing Co. BA, said Thursday it was reorganizing its aerospace and defense unit, going to four divisions from eight, to accelerate operational discipline, program quality, safety and performance and put the unit on a path to stronger, profitable growth. Boeing Global Services will also combine its domestic and international services, the company said. Shares of Boeing fell alongside the broader market in late trading
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