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Sony calls for peace in Ukraine, suspends operations and sales in Russia. Sony is the latest company in the gaming market to suspend its operations in Russia. The suspension includes halting hardware and software shipments, the launch of Gran Turismo 7 , and shuttering the PlayStation Store. Following Russias invasion of Ukraine on Feb. 24, the tech and video game industries have shown up to call for peace in Ukraine. Sony is yet another major player to publicly support Ukraine by suspending all operations in Russia | 25 | OPR_endunit |
Intel Builds Eight-Channel Wavelength Division Multiplexed Laser Array On A Silicon Chip. Intel Labs has announced construction of an eight-wavelength, distributed feedback (DFB) laser array on a chip for optical laser communications modules in datacenters. | 2 | OPR_constrfacil |
Toyota global vehicle production up 44.3% in Aug, record for that month. TOKYO : Toyota Motor Corp said on Thursday vehicle production soared 44.3 per cent year-on-year in August, a record jump for that month, as markets rebounded from the COVID-19 pandemic and production capacity increased mainly overseas. It was the first increase in output since March. The worlds largest automaker by sales produced 766,683 vehicles worldwide last month, above its target of around 700,000 and above the year-ago output of 531 | 7 | OPR_upprod |
Boeing out, Airbus in as China to purchase 300 A320 jets. Chinese airlines announced last week that they would purchase some 300 Airbus jets. During simultaneous announcements, Air China and China Southern Airlines said they would each purchase 96 A320 airliners valued at $12.2 billion. Industry observers see the purchase of 300 Airbus aircraft as a visible step by Beijing towards European suppliers. BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets | 26 | OPR_buyasset |
Intel builds $ 20 billion chip facility in the U.S. in a global shortage. The chips built into Ohio not only reduce supply chain pressure, but also strengthen US national security while bringing more technical jobs to the region, Intel CEO said. Intel will invest $ 20 billion to build two computer chip factories on 1,000 acres of land in Licking County, Ohio, USA. (AP) Chip maker Intel has announced that it will invest $ 20 billion to build a new factory in Ohio. This alleviates the global shortage of chips that | 2 | OPR_constrfacil |
OGE Energy Corp. (NYSE:OGE) Position Increased by Louisiana State Employees Retirement System. Louisiana State Employees Retirement System increased its stake in OGE Energy Corp. (NYSE:OGE Get Rating ) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,500 shares of the utilities providers stock after purchasing an additional 400 shares during the period. Louisiana State Employees Retirement Systems holdings in OGE Energy were worth $1 | 21 | OPR_newstaff |
Intel suspends business operations in Russia. (Reuters) -Intel Corp is suspending all business operations in Russia, effective immediately, the U.S. chipmaker said on Tuesday, adding that it has implemented business continuity measures to minimize disruption to its global operations. Most Popular (Reuters) -Intel Corp is suspending all business operations in Russia, effective immediately, the U.S. chipmaker said on Tuesday, adding that it has implemented business continuity measures to | 25 | OPR_endunit |
Walmart is hiring 50,000 more workers this spring. Walmart is planning to hire more than 50,000 workers in the United States this spring. Americas largest retailer said in a statement Wednesday that the jobs will be filled in its stores, clubs, campuses and supply chain facilities. The company plans on hiring the new workers by the end of its current quarter, which ends in April. The Wall Street Journal first reported the news. Last year, Walmart hired about 5 | 21 | OPR_newstaff |
Entergy Texas announces construction of service center facility in Beaumont. The company is building an approximately 71,000 square foot facility that will improve storm response and resiliency Beaumont, TX Entergy Texas employees assigned to the Chevyland Service Center near I-10 in Beaumont will soon have a new facility. The Texas Department of Transportation plans to acquire the property where the service center is located for the I-10/US 69 interchange project. As a result of the project | 2 | OPR_constrfacil |
FMC Corp (FMC) Gains on Strong Demand Amid Higher Costs. Zacks Equity Research 4 min read In this article: FMC FMC Corporation FMC is benefiting from higher demand, pricing actions and new product launches amid headwinds from higher raw material and logistics costs. The companys shares have declined 4.8% in the past year compared with a 15% decline of the industry. Image Source: Zacks Investment Research FMC Corp, a Zacks Rank #3 (Hold) stock, is gaining from higher demand for its products | 0 | OPR_costsrise |
Ford shares rise 12% after news of production increase for electric F-150 Lightning pickup. Ford ( F ) shares closed at their highest level in 21 years after the automaker announced it would nearly double production capacity to meet demand for its upcoming F-150 Lightning electric pickup truck. Fords stock gained 12% and was the No. 1 trending ticker on Yahoo Finance during the trading session on Tuesday. The Dearborn, Michigan, based company has surpassed GM ( GM ) and Rivian ( RIVN ) in market capitalization as it pushes further | 7 | OPR_upprod |
Carpenter Technology Announces Completion of Repairs on Press at Reading, PA Facility. The Reading press is a piece of highly specialized equipment that is critical to producing materials for Aerospace and select other end-market applications. Our teams, through careful planning and focused execution, completed the necessary repairs within our target timeline, said Tony R. Thene, President and CEO. In addition, while making the necessary repairs, we pulled forward some of the normal recurring maintenance activities that would | 2 | OPR_constrfacil |
Semiconductors: Intel delays the construction of its mega-factory in Germany. Simple postponement or project in danger? Questions are mounting around Intels mega-factory in Germany, which is to be built in Magdeburg, 130 km west of Berlin. The construction of the first two production units was to begin in the first half of 2023 before commissioning scheduled for 2027, but the American founder finally decided to delay the start of work, according to the local newspaper Volksstimme Initially | 27 | OPR_delayconstr |
JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?. Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 down from the $24,000 cost at the start of June 2022. JPMorgan strategists led by Nikolaos Panigirtzoglou wrote that this drop comes amid the The post JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC | 10 | OPR_costsfall |
Credit Suisse to shed 9,000 staff in radical cost-saving programme. Investment bank Credit Suisse has announced it is to slim down its global workforce by 9,000 as it ploughs ahead with huge cost-cutting measures. The Switzerland-based banking giant said it wants to reduce its cost base by 2.5 billion Swiss francs (2.2 billion), or 15% of its total costs, by 2025. To save money, plans to axe 2,700 full-time equivalent roles, or 5% of its global workforce, are already under way | 3 | OPR_cutcost |
Pioneer Natural Resources (NYSE:PXD) Position Increased by California Public Employees Retirement System. California Public Employees Retirement System increased its stake in Pioneer Natural Resources ( NYSE:PXD Get Rating ) by 1.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 444,281 shares of the oil and gas development companys stock after acquiring an additional 5,580 shares during the period. California Public Employees Retirement Systems holdings in Pioneer Natural Resources were worth $99,110 | 21 | OPR_newstaff |
Boeing chief defends his record amid production delays. Boeing chief executive Dave Calhoun has defended his record at Americas largest aerospace company, insisting that he has sharpened its focus on engineering and that the indebted group could launch a new aircraft without having to raise money from shareholders. Calhoun said the company had made significant progress since he took the top job two-and-a-half years ago, when Boeing was reeling from the grounding of its 737 Max following two | 19 | OPR_delay |
Microsoft is building an Xbox mobile gaming store to take on Apple and Google. Microsoft is building an Xbox mobile store to directly offer games on mobile devices, challenging Apple and Google. The software giant first hinted at a next-generation store it would build for games earlier this year but has now quietly revealed details of the plans in filings with the UKs Competition and Markets Authority (CMA). The CMA is currently investigating the $68.7 billion Activision Blizzard acquisition and has asked Microsoft | 2 | OPR_constrfacil |
TC Energy has submitted restart plan for Keystone pipeline to U.S. regulator- source. Dec 20 (Reuters) - TC Energy Corp has submitted a restart plan for its Keystone pipeline to U.S. safety regulator Pipeline and Hazardous Materials Safety Administration (PHMSA) which is being reviewed, according to a source on Tuesday. The 622,000 barrels per day (bpd) pipeline was shut after it spilled oil in rural Kansas, and parts of the pipeline carrying oil from Alberta, Canada, to refineries in Illinois opened on Wednesday at reduced | 8 | OPR_restartunit |
AGCO inaugurates Digital Capability Center in Bengaluru. Oct 21, 2022 Bengaluru (Karnataka) [India], October 21 (ANI/PRNewswire): AGCO Corporation, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced the inauguration of its Digital Capability Center (DCC) in Bengaluru. The new center was inaugurated Oct 18, 2022 in the presence of key AGCO leaders and approximately 100 local employees while being live | 1 | OPR_openunit |
Ford Offering 2023 Retail Order Rate Lock, Lease Deals. Ford will soon begin offering special incentives for shoppers ordering a 2023 vehicle. Buyers with a 2023 Ford retail order may be eligible for a new rate lock program and lease deal as part of the brands Summer Supercharged Sales Event. Heres a look at whats available with these 2023 Ford custom order deals. According to a bulletin sent to Ford dealers today, select models will qualify for a Retail Order Rate Lock Low APR Private Offer once | 23 | OPR_leasefacil |
Schlumberger third-quarter profit jumps as drilling activity picks up. Oil and gas producers are looking to increase production as crude prices stay near eight-year highs, boosting demand for Schlumbergers equipment, services and technology used to drill oil wells. The average U.S. oil rig count at September-end climbed to 762 from 508 during the same period last year. The total international rig count was 28% higher at 1,853. Total revenue rose 28% to $7.48 billion | 18 | OPR_welldrill |
JinkoSolar Closes 50MWh Energy Storage System Distribution Agreement with Palette in Nigeria. JinkoSolar , one of the largest and most innovative PV module manufacturers in the world, today announced that it has forged a 50MWh distribution strategic agreement of energy storage system with Palette Business Solutions Limited , a renewable energy firm committed to the distribution of high-quality cutting edge solar energy products and solutions in the world. The agreement states that Palette will distribute JinkoSolars battery system | 19 | OPR_delay |
Military AutoSource (MAS) and Ford Motor Company Launch Operation Homeward Bound. Operation Homeward Bound Military AutoSource $5,000 in Delta Gift Cards will be awarded to U.S. Military personnel stationed, deployed or on TDY overseas to fly home. WOODBURY, NEW YORK, UNITED STATES, August 30, 2022 / EINPresswire.com Military AutoSource (MAS) in partnership with Ford Motor Company are proud to present the 5th Annual Operation Homeward Bound Contest Giveaway. $5,000 in Delta Gift Cards will be awarded in this one-of-a-kind | 6 | OPR_startprod |
Capstone Green Energy Receives Follow-on Order for Multiple Microturbine Systems for Marcellus Wellhead Sites Apr 13, 2022 Apr 13, 2022 Updated 3 hrs ago. Previous SHAREHOLDER ALERT - Labaton Sucharow Notifies Twitter, Inc. Investors of the Fil VAN NUYS, Calif.--(BUSINESS WIRE)--Apr 13, 2022-- 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 | 26 | OPR_buyasset |
Ford to announce Thursday that restaurants will be allowed to reopen Jan. 31 at 50% capacity. Toronto Breaking Ontario Premier Doug Ford will announce tomorrow that restaurants will be allowed to re-open on Jan.31 at 50 per cent capacity. CBC News Posted: Jan 19, 2022 5:59 PM ET | Last Updated: 3 minutes ago Ontario Premier Doug Ford will announce on Thursday that restaurants will be allowed to reopen on Jan. 31 at 50 per cent capacity, Radio-Canada has confirmed More to come. | 28 | OPR_capacity |
GMs electric truck and SUV production target increases sixfold to 46k in 2022: report. It appears that General Motors is looking to increase its electric truck and SUV production this 2022. But while the veterans plans call for a sixfold increase from the companys previous production targets, GMs overall electric truck and SUV output for 2022 would likely remain conservative. This was, at least, according to new details cited by Reuters from the companys suppliers. According to the publication | 15 | OPR_upprodfcast |
BIOLASE SIGNS LEASE TO EXPAND TRAINING AND EDUCATION INITIATIVES PR Newswire Today at 12:30pm GMT+2 2021, Claiborne Progress. PR Newswire LAKE FOREST, Calif., June 6, 2022 LAKE FOREST, Calif. June 6, 2022 /PRNewswire/ -- To further accelerate the adoption of lasers as the gold standard of care in dentistry, BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, has entered into a lease agreement in Foothill Ranch in Lake Forest, California to expand its training operations footprint and establish its first ever dental office | 23 | OPR_leasefacil |
Newmont delays Yanacocha Sulfides project and appoints Dean Gehring to lead assets in Peru. Newmont Corporation announced that it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru to the second half of 2024. The project is part of a planned expansion to extend the life of the Yanacocha Mine beyond 2040. Newmont also announced that it has appointed Dean Gehring as chief development officer Peru to lead the companys Yanacocha operations and the sulfides project | 19 | OPR_delay |
Nissans Q3 operating profit nearly doubles, helped by cost cuts. TOKYO (Reuters) Nissan Motor Co said on Tuesday its third quarter operating profit almost doubled to 52.2 billion yen ($451.8 million) as lower costs helped improve profitability. That result for the three months to Dec. 31 was higher than an average 35.8 billion yen profit forecast based on estimates from nine analysts, Refinitiv data shows. Nissan raised its full-year profit forecast to 210 billion yen from 180 billion yen | 3 | OPR_cutcost |
Target To Test Starbucks Orders And Returns In Curbside Service - Quick Facts. (RTTNews) - Target Corp (TGT) unveiled plans to continue enhancing its same-day pickup services in fall 2022. The retailer will begin testing the option for guests in select markets to add a Starbucks order or make a return within Targets free, contactless curbside service through the Target app. The company also said it will expand its backup item functionality in even more categories to allow guests to pick up everything on their lists | 8 | OPR_restartunit |
Dollar Tree Continues C-Suite Revamp with New Chief Information Officer. Bobby Aflatooni has overseen the development of IT properties for several national brands and companies Published 5 seconds ago on July 22, 2022 By VMSD Staff | 13 | OPR_restruct |
BASF : expands production capacity in China for industry-leading cathode active materials and achieves multi-ton scale manufacturing for manganese-rich products. 06/15/2022 | 03:03am EDT Newly expanded lines incorporate cutting-edge energy recovery technology for a leading carbon footprint Commissioning of new capacity will start from Q4 2022 to support growing market demand 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 | 14 | OPR_upcapacity |
TC Energy restarts part of Keystone pipeline after oil spill. Company still not saying when whole line will reopen or what caused the failure TC Energy Corp. has restarted a section of the main trunk of its Keystone pipeline from Hardisty, Alberta to the U.S. midwest, as well as a branch extending eastward to Illinois, following a large spill of crude into a Kansas Creek last week. 0 seconds of 9 minutes, 31 seconds Volume 0% The company said in a statement late Wednesday that it had resumed flows on | 8 | OPR_restartunit |
SANTA CLARA, California: Following Moscows invasion of Ukraine, U.S. chipmaker Intel said it is suspending its business operations in Russia, joining other western companies in exiting the country.. Last month, the company suspended shipments to customers in Russia and Belarus, adding that it has put in place business continuity measures to minimize disruptions to its international operations. Intel continues to join the global community in condemning Russias war against Ukraine and calling for a swift return to peace, the company said in a statement. As Ukraine urged U.S. cloud-computing and software companies to cut off business with | 25 | OPR_endunit |
Toyota Announces Adjustments to Domestic Production in January and in February, as of January 26. Today, Toyota announces additional suspensions of domestic plant production for completed vehicles. With regard to February, as the parts scheduled to be used during the January suspension can now be used in February, some plants and lines originally scheduled to be suspended in the month will now operate. We will continue to make our maximum efforts to deliver as many vehicles as possible to our customers at the earliest possible date | 24 | OPR_reportprod |
Tredje AP-fonden Buys iShares MSCI Emerging Markets ETF, Air Products & Chemicals Inc, Biogen Inc, Sells iShares Russell 2000 ETF, Applied Materials Inc, Raytheon Technologies Corp. For the details of Tredje AP-fondens stock buys and sells, go to https://www.gurufocus.com/guru/tredje+ap-fonden/current-portfolio/portfolio These are the top 5 holdings of Tredje AP-fonden S&P 500 ETF TRUST ETF ( SPY ) - 1,100,000 shares, 10.11% of the total portfolio. Shares reduced by 19.07% Microsoft Corp ( MSFT ) - 900,483 shares, 5.86% of the total portfolio. Shares added by 1.46% Apple Inc ( AAPL ) - 1,665,688 shares | 29 | OPR_prodsale |
Obsidian Energy Announces 2022 Drilling Program and Guidance as well as Update on Development Program. Initial 2022 capital program of $143 to $149 million with opportunity for second half expansion 19 well Cardium drilling program builds on 2021 success 10 wells planned in Peace River, including four Clearwater appraisal wells Free cash flow generation of $166 million expected at WTI US$75/bbl Calgary, Alberta--(Newsfile Corp. - January 24, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ( Obsidian Energy or the Company ) is | 18 | OPR_welldrill |
Zurich Insurance CFO: ising costs, reduced coverage capacity main client issues. George Quinn, CFO of Zurich Insurance, discusses inflations impact on the health insurance industry and how clients are coping with current pressures. | 16 | OPR_cutcapacity |
Regional Management Corp. Expands Operations to Indiana. GREENVILLE, S.C.--( BUSINESS WIRE )--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has expanded its operations to Indiana, its 15 th U.S. state, with the opening of its first branch in Merrillville. The opening further expands Regional Managements de novo footprint within the Midwestern U.S. We are very pleased to bring to Indiana our suite of affordable financial solutions for | 7 | OPR_upprod |
Toyota restarting Japan plants after malware hits supplier. TOKYO (AP) 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 carry on with manufacturing even though the server problem was not yet resolved | 8 | OPR_restartunit |
Toyota to fall short of annual production plan amid chip shortage - Nikkei Asia. Quick Summary: Japanese car giant unable to make its target of 9. In the two previous years, it produced 8.18 million and 8.56 million units. The company is now examining the specific number of units it will produce.It produced 8.18 million units in the fiscal year ending March 2021, and 8.56 million units in the fiscal year ending March 2022. | 11 | OPR_cutprod |
BofA (BAC) Up as Q1 Earnings Beat on Solid Lending, Lower Costs. Bank of America s BAC first-quarter 2022 earnings of 80 cents per share outpaced the Zacks Consensus Estimate of 76 cents. The bottom line compared unfavorably with 86 cents earned in the prior-year quarter. Results in the quarter included net reserve release of $362 million. The stock rallied almost 1.2% in pre-market trading, reflecting investors bullish sentiments over robust revenue performance and prudent cost management | 10 | OPR_costsfall |
Caterpillar Follows Boeing In Chicago Exit, Moving Global Headquarters To Dallas-Fort Worth. We believe its in the best strategic interest of the company to make this move, said CEO Jim Umpleby. | 13 | OPR_restruct |
Southwest Airlines: Were back to normal operations. Southwest Airlines has pledged all is well and a full return to normal operations will begin Friday, drawing to a close a week of chaos for the embattled carrier. The problems continued ahead of the promised turnaround of fortunes into late Thursday, with about 2,500 flights canceled by the Dallas-based airline. Southwest cancellations made up about 96 percent of all of Thursdays domestic cancellations, UPI reports | 8 | OPR_restartunit |
Apple, Google, Microsoft, Amazon Reportedly Buy Gold from Illegal Brazilian Miners. Apple, Google, Microsoft, and Amazon are reportedly buying their gold from suppliers linked to illegal miners in Brazil. These United States-based renowned tech giants appear to be sourcing their gold for their products and services from illegal mining operations in the Latin American nation. (Photo : Justin Sullivan/ Getty Images) SAN FRANCISCO JUNE 09: Apple CEO Steve Jobs watches a video of the new iPhone 3G as he delivers the keynote | 26 | OPR_buyasset |
Nissan investing $500M in Canton plant to build electric vehicles. CANTON Nissan will invest $500 million and retrain 2,000 workers at its Canton Vehicle Assembly Plant to build two new electric vehicles for its Nissan and Infiniti brands. Gov. Tate Reeves and officials from Nissan announces the companys plans today. Nissans investment markings nearly $4 billion invested in the state since 2003. Nissan will retool the plant to support production of all-new Nissan and Infiniti EV vehicles | 4 | OPR_invest |
Ford to eliminate 3,000 jobs in an effort to cut costs Views:. (CNBC) ord Motor is cutting about 3,000 jobs from its global workforce, as the automaker attempts to lower costs as part of restructuring efforts under CEO Jim Farley. Ford began notifying workers of the reductions on Monday, a company spokesman confirmed. The cuts are for 2,000 salaried positions and 1,000 agency jobs in the U.S., Canada and India To read this article: Todays Hedge Fund Headlines: | 3 | OPR_cutcost |
Fastenal added 140 employees in 2021, as workforce loss in U.S. offset by international increases. Fastenal Co. ( FAST ) disclosed Monday that while its total workforce increased by 0.7% last year, but fell 1.6% in the U.S. The maker of fasteners, tools and manufacturing supplies said in its 10-K filing with the Securities and Exchange Commission that it had 20,507 full and part-time employees worldwide as of Dec. 31, 2021, up from 20,365 employees at the end of 2020. Included in the total for 2021 was 16,548 employees located in the U.S. | 21 | OPR_newstaff |
Methanex (TSX:MX) invests NZ$2 million in new neonatal unit. Methanex (MX) is investing NZ$2 million into a new neonatal unit at Taranaki Base Hospital in New Zealand The 10-year partnership provides funding for state-of-the-art treatment to care for the most vulnerable newborns and their families As part of this investment, the new unit will be called The Methanex Neonatal Unit, which is expected to be completed in 2025 Methanex is the worlds largest producer and supplier of methanol to major | 5 | OPR_expandfacil |
Credit Suisse Slips To Loss In Q2; Investment Bank To Record Loss In Q3; Unveils Cost Cut Program. (RTTNews) - Swiss banking major Credit Suisse Group AG (CS) reported Wednesday that its second-quarter net loss attributable to shareholders was 1.59 billion Swiss francs, compared to net income of 253 million francs last year. Pre-tax loss was 1.17 billion francs, compared to prior years pre-tax income of 813 million francs. Adjusted pre-tax loss was 442 million francs, compared to income of 1.31 billion francs a year ago | 3 | OPR_cutcost |
Toyota Announces Adjustments to Domestic Production in June. Toyota City, Japan, May 27, 2022 (JCN Newswire via SEAPRWire.com) We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of vehicles, suppliers, and other parties concerned. We recently announced the suspension of operations at some | 24 | OPR_reportprod |
Novartis resumes production of radioligand therapy medicines. ZURICH (Reuters) Novartis said it resumed the production and delivery of radioligand therapy medicines after fixing the issues that had led to a temporary suspension of production last month. The company has remediated the issues that led to the temporary, voluntary suspension of production in May, the Swiss drugmaker said in a statement, adding these issues did not affect patient safety. (Reporting by Silke Koltrowitz; Editing by Paul | 8 | OPR_restartunit |
Tufts Medicine, Acadia Healthcare building $65 million behavioral health facility in Malden. Tufts Medicine and the largest standalone provider of behavioral health services in the U.S. are forming a joint venture to build a $65M, 144-bed inpatient behavioral-health facility on the site of the former Malden Hospital. THIS ARTICLE IS FOR SUBSCRIBERS ONLY Continue reading with your subscription Access 4 weeks of business news and insights Tufts Medicine and Acadia Healthcare Co., the largest standalone provider of behavioral health | 2 | OPR_constrfacil |
Duke Energy Expands Clean Energy Production with Upgrades at Markland Hydroelectric Station. (Switzerland County, Ind.) - Duke Energy Indiana has completed upgrades to three hydroelectric turbines, generators and other equipment at its Markland Hydroelectric Station near Florence, Ind., increasing the facilitys clean, renewable energy output by about 10% and bolstering its ability to reliably serve customers for the next 40 years. The low-cost, carbon-free power generated at Markland Hydro Station is an important piece of our | 5 | OPR_expandfacil |
Lockheed Martin completes production of long-range radar. The prime has advanced its development of an air defence radar for the US military. key enablers | By: Reporter The prime has advanced its development of an air defence radar for the US military. The technology is described as a multi-mission system capable of tracking current and emerging threats, integrating into existing air defence systems. TPY-4, which is internationally available, is designed to operate in contested radio frequency | 24 | OPR_reportprod |
Nvidia RTX 3090 Ti allegedly hit with production delays, models listed for $4,000. Flagship Nvidia GPU delayed indefinitely according to sources Nvidia unveiled the RTX 3090 Ti last month during CES 2022 . At the time, the company said it would have more information about the upcoming flagship GPU at the end of January. Were now a few days into February and have yet to hear anything official regarding the graphics card. This has naturally led to speculation about the state of the GPU and if Nvidia has hit any snags with | 19 | OPR_delay |
TSMC starts building second fab in Arizona. TSMC has announced that it has started construction of another fab in Arizona, raising its total investment in the US state to US$40 billion. | 2 | OPR_constrfacil |
Toyota cuts global vehicle production target. Two people familiar with the matter told Reuters on Thursday that Toyota has lowered its global production target for the year to 9.5 million units, the worlds largest automaker by sales said last week it was unlikely to meet its 9.7 million vehicle production target for the fiscal year ending in March 2023 due to a scarcity of chips. It didnt say how much the target would be lowered at that time. The new target of 9.5 million global units | 20 | OPR_cutprodfcas |
Orion Group Launches Facilities Maintenance Platform through Partnership with First Choice Facilities. Orion Group (Orion), a commercial facility services platform backed by Alpine Investors, announced today that it has partnered with First Choice Facilities, a leading facilities maintenance company, specializing in snow removal and based in Washington, MO. First Choice Facilities is Orions first partner in the aggregated facilities maintenance space. This marks the beginning of a national platform that will offer a wide range of self-perform | 1 | OPR_openunit |
Avient Announces First Quarter 2022 Results in Connection with Announcement to Acquire DSM Protective Materials (Dyneema). First quarter sales grew to $1.3 billion, an 11% increase over the prior year GAAP EPS increased to $0.91 from $0.86 in the prior year first quarter Adjusted EPS increased 11% to $0.99 compared to $0.89 in the prior year first quarter, exceeding first quarter guidance of $0.95 Second quarter adjusted EPS guidance of $0.92 introduced with full year adjusted EPS expectation maintained at $3.50 (excluding the impact of the acquisition) Full year | 26 | OPR_buyasset |
GM finally resumes production on the Chevy Bolt. GM has finally restarted production on the Bolt EV and EUV lines after being out of production for the better part of a year due to an issue with its LG battery cells. On Monday, GM spokesman Kevin Kelly said production of the Bolt EV/EUV resumed today, as planned were excited to have The Bolt EV/EUV back in the market, as reported by Detroit News In August, GM recalled all Bolt EVs and EUVs responding to a battery defect that had led to | 8 | OPR_restartunit |
Toyota slows vehicle output. Toyota Motor Corp. produced 5.3 percent fewer vehicles in May than a year earlier as it slowed output due to supply chain disruptions afflicting automakers around the world. Toyotas output totaled 634,940 vehicles in May, the Japanese carmaker said Wednesday. The company sold 761,466 vehicles globally last month, down from 840,303 vehicles a year earlier. Toyota said earlier this year it intended to pause production for the April-June quarter | 11 | OPR_cutprod |
Mass production begins on TSMCs 3 nanometer. Taiwan Semiconductor Manufacturing Company (TSMC), which is considered the worlds largest contract semiconductor manufacturer, will also introduce its new node after rival Samsung, and within days will start mass production on the 3 nm production lines in the mother country of Taiwan. According to the sources, the launch is expected to be precisely on December 29, in conjunction with a celebration | 6 | OPR_startprod |
BASF expands production capacity in China. BASF Shanshan Battery Materials Co., Ltd. (BSBM) a BASF majority-owned company in China is expanding its battery materials capacity in Changsha, Hunan Province, and Shuizuishan, Ningxia Province, to meet the local and global demands of the EV industry. The expansion project will enable BSBM to achieve 100 kt annual capacity for cathode active materials (CAM). BASF says that the new production lines are designed with high flexibility to meet | 14 | OPR_upcapacity |
Catalent Expands Biologics Analytical Capabilities with New Laboratories at Center of Excellence in Kansas City, Missouri. 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 $12 million expansion program to increase biologics CGMP analytical capabilities at its flagship facility in Kansas City, Missouri . The project will see the addition of two new analytical development laboratories to support the growing | 14 | OPR_upcapacity |
MGM Resorts reportedly sells land where Las Vegas mass shooting occurred. LAS VEGAS MGM Resorts International announced Friday that they have closed the sale of the land where the deadliest mass shooting in modern U.S. history took place in 2017 on the Las Vegas Strip. MGM Resorts CEO and President Bill Hornbuckle shared the news Friday in a letter to staff, according to The Associated Press. The land is about 15 acres and was purchased by the Three Affiliated Tribes of the Fort Berthold Indian Reservation which is | 12 | OPR_sellasset |
Toyota cuts output target due to chip shortage Robert Besser 08 Nov 2022, 17:54 GMT+10. TOKYO, Japan: Toyota has announced a worse-than-expected 25 percent decline in quarterly profits and cuts to its annual output target, as it battles surging material costs and an ongoing semiconductor shortage. After posting its fourth consecutive quarterly profit decline this week, the worlds leading automaker by sales also warned that it remained difficult to foresee the future. Though Toyota coped better than most car manufacturers in | 20 | OPR_cutprodfcas |
TotalEnergies to start delayed Nigeria drilling campaign by end of year. 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 |
Qualcomm Shifts Chip Manufacturing From Samsung to TSMC. Research Snipers Samsung has a problem: the production of high-end processors for mobile devices, which took a... The post Qualcomm Shifts Chip Manufacturing From Samsung to TSMC appeared first on Research Snipers. Related Articles 5 tips to find the best Australian je FTX US Aims to Take On OpenSeaFirst Business Regressing to The Pin Factor Lemon Blueberry Zucchini Bread Healthcare Organizations Reward and | 13 | OPR_restruct |
UPDATE 1-TC Energy says Keystone pipeline returns to service. Dec 29 (Reuters) - Canadian pipeline operator TC Energy Corp said on Thursday it had completed a controlled restart of its Keystone crude oil pipeline to Cushing, Oklahoma, safely returning the pipeline to service after a 21 day outage. The Keystone Pipeline System is now operational to all delivery points, the company said in a statement, while operating with additional risk-mitigation measures | 8 | OPR_restartunit |
Amazon re-awarded $10 billion NSA cloud contract after Microsoft dispute. Microsoft failed in its attempt to challenge Amazons $10 billion NSA contract. has learned the NSA re-awarded the Wild and Stormy cloud computing deal to Amazon Web Services after reviewing the decision. While the Government Accountability Office recommended a reevaluation in October following Microsofts objections, its clear the second look didnt substantially change the outcome. Many details of the contract are unsurprisingly murky | 9 | OPR_selectsuppl |
Mondelez (MDLZ) Benefits From Buyouts, Hurt by Cost Woes. Zacks Equity Research 5 min read In this article: MDLZ Mondelez International, Inc. MDLZ has been benefiting from its efforts to strengthen brands through prudent acquisitions and alliances. The company is also gaining from the strong emerging markets performance. Additionally, favorable demand and revenue growth management efforts are working well for the company. However, Mondelez has been grappling with cost inflation and | 0 | OPR_costsrise |
Duke Energy crews restore power to more than 650,000 customers in wake of Hurricane Ian. Duke Energy crews restore power to more than 650,000 customers in wake of Hurricane Ian By Staff Report villages-news.com 34 minutes ago Read full article on original website | 8 | OPR_restartunit |
Netflix starts production on final season of Riverdale. Netflixs high-school series Riverdale is gearing up for the seventh and final season of the show, after going through many ups and downs and chaos. The show is expected to hit the streaming giant in 2023. The writer and co-executive producer on the series Ted Sullivan took to Instagram to update the fans about the production work on the drama. He posted a photo of the slate covering majority of the frame that showcases the first shot of the | 6 | OPR_startprod |
Fortinet bets on Filipino talents, investing in PH global support center: official. MANILA - US-based cyber security solutions firm Fortinet on Tuesday said it was investing a significant amount of money to build a global support center in the Philippines and in hiring local talents. Fortinet is investing in building our support center here in the Philippines. In fact, we have been hiring a lot of cyber threat analysts because they believe in the talent of the Filipino people, Fortinet Philippines Louie Castaneda told ANC | 5 | OPR_expandfacil |
Jeep-maker Stellantis is blaming the higher cost of making EVs for having to halt production at an Illinois plant and laying off 1,350 workers. Worker at the Stellantis plant in Belvidere, Illinois in 2012 Scott Olson/Getty Images Jeep maker Stellantis confirmed it will idle an assembly plant in Illinois beginning in February 2023. The company attributed the closure to the increasing cost related to the electrification of the automotive market. Reuters reports that about 1,350 workers would be laid off as a result. Traditional automobile companies are experiencing growing pains as | 0 | OPR_costsrise |
Park Aerospace Corp. Announces Its Commitment to Fully Support Airbuss Planned A320neo Aircraft Family Production Rates. Park is the sole source supplier of composite materials and lightning strike protection materials used to produce the engine transcowl and acoustic structures and other actuated and static thrust reverser components used on all A320neo Family Aircraft equipped with CFM LEAP-1A engines. Brian Shore, Parks Chairman and CEO, said, We felt it is important to publicly indicate our commitment to Airbuss A320neo Aircraft program ramp-up | 24 | OPR_reportprod |
ArcelorMittal Nippon Steel Commences Rs 60,000 Crore Expansion Project In Gujarat. ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, two of the worlds leading steelmakers, commenced a Rs 60,000 crore investment programme to increase production capacity of its Hazira plant in Gujarat. This expansion project aims to expand the production capacity from nine million tonnes per annum (MTPA) to 15 MTPA and will involve upstream and downstream steelmaking expansion | 5 | OPR_expandfacil |
Patterson-UTI Reports Drilling Activity for January 2022. HOUSTON, TX / ACCESSWIRE / February 7, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2022, the Company had an average of 113 drilling rigs operating in the United States. Average drilling rigs operating reported in the Companys monthly announcements represent the average number of the Companys drilling rigs that were earning revenue under a drilling contract in the United States | 18 | OPR_welldrill |
Newmont Delays Yanacocha Sulfides Project and Appoints Dean Gehring to Lead Assets in Peru. Newmont Corporation (NYSE: NEM, TSX: NGT) has announced it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru to the second half of 2024. To complement this announcement, Newmont has appointed Dean Gehring as Chief Development Officer Peru to lead the Companys Yanacocha operations and the Sulfides project. The Company has completed an extensive review of the Yanacocha Sulfides project scope and schedule | 19 | OPR_delay |
Toyota expects to lower full-year production target. TOKYO Toyota Motor Corp Advertisement said on Friday it expected to lower its 9.7 million vehicle production target for the current financial year through March (Reporting by Satoshi Sugiyama Editing by Mark Potter) | 20 | OPR_cutprodfcas |
PG&E Ready to Respond to New Years Weather System Impacting Northern and Central California - Customers Urged to Plan for Potential Outages. PG&E Ready to Respond to New Years Weather System Impacting Northern and Central California - Customers Urged to Plan for Potential Outages /PRNewswire/ - Pacific Gas and Electric Company (PG&E) meteorologists are forecasting a potent storm system impacting Northern and Central California over the weekend, which will include heavy rains and gusty winds. PG&E is poised to respond to potential power outages and urges customers to be prepared as | 17 | OPR_planoutage |
Ceragon Announces the General Availability of its Radio Aware Open Networking (RAON) Software, Enabling Significant Operational and Cost Efficiencies. RAON turns Ceragons IP-50FX Disaggregated Cell Site Gateway into a two-in-one cell site router and radio indoor unit, reducing Total Cost of Ownership as well as energy consumption ROSH HA AIN, Israel,, Oct. 25, 2022 /PRNewswire/ -- Ceragon Networks Ltd., the global innovator and leading solutions provider of 5G wireless transport, today announced that its Radio Aware Open Networking (RAON) software announced earlier this year is now available | 3 | OPR_cutcost |
Krispy Kreme cuts cost of doughnuts to celebrate 85th birthday. The deal is available for one-day only Krispy Kreme is encouraging doughnut-lovers to celebrate their 85 th birthday by dropping the price of any of their dozens to 8.50 on Friday July 15. The deal, which can be enjoyed in every Krispy Kreme retail shop, includes the Original Glazed Dozen, Hot Original Glazed Dozen and the Sharer Dozen and all consumers need to do is wish Krispy Kreme staff a Happy 85 th Birthday | 3 | OPR_cutcost |
ExxonMobil Planning Revamping of Oil Terminal for Green Hydrogen. ExxonMobil will investigate the feasibility of converting an oil and gas terminal to produce and distribute green hydrogen. ExxonMobil, alongside Grieg Edge, North Ammonia and GreenH will explore whether the Slagen terminal in Norway can become a hub for low-emissions marine fuels. Up to 20,000 metric tons of green hydrogen might be produced annually at the Exxon owned facility, which is hydroelectrically powered | 22 | OPR_revampfacil |
GM is building a coast-to-coast EV fast-charging network. Electric vehicle adoption has reached its tipping point in the US. With more and more EVs appearing on American roadways, automakers and charging networks alike are working to build out increasingly critical power infrastructure to keep those EVs moving. On Thursday, GM announced that it is partnering with Pilot Company and EVGo to construct a coast-to-coast national DC fast charging network. The missing piece in the larger picture of public | 2 | OPR_constrfacil |
Microsoft invests 500,000 in digital education projects for Irish schools. Microsoft has invested half a million in its ongoing project with Maynooth University, as well as providing laptops to Northern Ireland school children. Microsoft Ireland has made investments in education initiatives in both the Republic and Northern Ireland as part of its efforts to increase schoolchildrens access to digital learning. In the Republic, the company has invested 500,000 in its ongoing collaboration with Maynooth University | 4 | OPR_invest |
JPMorgan Chase : Record Number of J.P. Morgan Advisors named Forbes Best-in-State Wealth Advisors. New York, NY - April 7, 2022 - Fifty-six J.P. Morgan Wealth Management advisors were selected for Forbes 2022 Best-in-State Wealth Advisors ranking - a new all-time high. As we invest in growing our first-class team, Im proud to see J.P. Morgan Advisors break new records with their continued achievements, said Phil Sieg, CEO of J.P. Morgan Advisors. Its a true testament to their constant dedication to serving our clients. Forbes | 9 | OPR_selectsuppl |
Credit Suisse to Raise $4 Billion to Fund Sweeping Overhaul (3) & More News. Credit Suisse Group AG took the most dramatic steps yet to repair the bank, unveiling a restructuring that will see a multi-billion dollar capital raise, thousands of job cuts and carve out of the investment bank. The firm plans to raise 4 billion francs ($4.1 billion) through a rights issue and selling shares to investors including the Saudi National Bank, it said Thursday. Its effectively breaking up the investment bank | 13 | OPR_restruct |
Matrix Service Begins Construction on Small Scale Boron Facility, the First New U.S. Based Source of Boron Production in More Than 50 Years. Facility precedes the construction of large-scale boron and lithium complex, providing critical and domestically sourced materials, key enablers for decarbonization applications TULSA, Okla., May 09, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc. (Matrix Service) has begun construction on a Small-Scale Boron Facility (SSBF) for 5E Advanced Materials, Inc | 2 | OPR_constrfacil |
Bed Bath & Beyond Inc. Announces Completion of ABL Facility Upsizing and New FILO Loan. UNION, N.J., Sept. 1, 2022 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today announced the successful completion of its previously disclosed financing agreements. The Company has secured more than $500 million of new financing, including its newly expanded $1.13 billion asset-backed revolving credit facility (ABL facility) and a new $375 million first-in-last-out facility (FILO facility) | 2 | OPR_constrfacil |
Equifax Expands Operations in Costa Rica. Equifax Expands Operations in Costa Rica PR Newswire SAN JOSE, Costa Rica, Sept. 28, 2022 New Global Business Services Center Site Supports Companys Global Operations and Leading Credit Data and Analytics Business in Costa Rica and Latin America ; Strengthens Global Equifax Cloud, Cybersecurity and Operational Innovation SAN JOSE, Costa Rica Sept. 28, 2022 /PRNewswire/ -- Equifax (NYSE:EFX) has expanded its international operations with a | 7 | OPR_upprod |
Sibanye Stillwater plans $616 million of spending on Finland lithium project. 11/28/2022 | 07:54am EST (Reuters) - Sibanye Stillwaters board has approved 588 million euros ($616.22 million) of capital expenditure to advance its Keliber lithium project in Finland, the company said on Monday, seeking a foothold in the European battery metals market. The diversified South African miner took control of Finnish battery chemicals maker Keliber in October, when it raised its shareholding to 85% after acquiring a 30.29% stake | 4 | OPR_invest |
Intel staff in Ireland offered unpaid leave in cost-cutting drive - Business Post. (Reuters) - Up to 2,000 staff at Intel Corps Irish operation have been offered three months unpaid leave as part of cost-cutting measures, the Business Post reported on Thursday. According to the report, workers at Intels manufacturing division have been offered the unpaid leave as part of a voluntary time off program which is being implemented by the company. Voluntary time off programs allow us an opportunity to reduce short term costs | 3 | OPR_cutcost |
Biden to announce investment in technology company Siemens, adding hundreds of jobs. President Joe Biden has been pushing for more U.S. factory jobs and hell be joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment in producing equipment for the electrical infrastructure. The investment will lead to 300 additional jobs at locations that include California and Texas, according to senior Biden administration officials who insisted on anonymity to preview the event on the White House | 21 | OPR_newstaff |
Credit Suisse issues profit warning caused by jump in legal costs. The bank, beset by a string of controversies, has put aside an extra 600m Swiss francs for unspecified cases Credit Suisse has announced it is likely to report a first-quarter loss owing to a jump in legal costs, as the beleaguered bank tries to draw a line under a string of scandals. The Swiss lender issued the profit warning before its scheduled earnings report next week, saying it would be putting aside an extra 600m Swiss francs (CHF) | 0 | OPR_costsrise |
Lockheed Martin looks to nearly double Javelin missile production -CBS News. WASHINGTON (Reuters) -Weapons maker Lockheed Martin Corp plans to nearly double production of Javelin missiles, the antitank weapon that has helped Ukraine fight Russias invasion, Chief Executive Officer James Taiclet said in an interview on Sunday. The aim is to boost output to 4,000 per year from 2,100 per year currently, Taiclet said in an interview with CBS News. The increase will take as long as a couple of years, he said. U.S | 7 | OPR_upprod |
Marriott International Expands Electric Vehicle Network Across Asia Pacific. The company plans to install more than 400 EV chargers in the region by 2025 SINGAPORE Dec. 7, 2022 /PRNewswire/ -- In line with Marriott Internationals net zero ambitions and global commitment to source a minimum of 30% of its overall electricity from renewable energy by 2025, the company today announced that it plans to expand its electric vehicle (EV) network across Asia Pacific By the end of 2023 | 5 | OPR_expandfacil |
Starbucks Leaving Russian Market, Shutting 130 Stores. Starbucks move follows McDonalds exit from the Russian market last week. Starbucks is pulling out of the Russian market. In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no longer have a brand presence in Russia. Starbucks said it will continue to pay its nearly 2,000 Russian employees for six months and help them transition to new jobs. McDonalds is selling its stores which | 25 | OPR_endunit |