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Netflix - Subscriber Numbers Beat But Costs Raise Questions. Netflix s (NASDAQ:NFLX) second quarter revenue rose 8.6% to $8.0bn, compared to last year. That reflects a 5.5% annual increase in subscribers, although the number of subscribers fell 970,000 compared to the previous quarter, which was better than previous guidance of 2m. Excluding the impact of exchange rates, Average Revenue per Membership (ARM) rose in every region except Asia Pacific, the strongest growth came from Latin America

OPR_costsrise

SpaceX Launches 3 Visitors to Space Station for $55M Each. Cape Canaveral, Fla. (AP) -- SpaceX launched three rich businessmen and their astronaut escort to the International Space Station on Friday for more than a weeks stay, as NASA joins Russia in hosting guests at the worlds most expensive tourist destination. Its SpaceXs first private charter flight to the orbiting lab after two years of carrying astronauts there for NASA. Arriving at the space station Saturday will be an American

OPR_openunit

TSMC is building a second chip plant to meet US semiconductor demand. The White House and Taiwan Semiconductor Manufacturing co. (TSMC) have announced plans to build a second chip plant in Arizona, AZCentral has reported. That will boost the companys investment in the state from $12 billion to $40 billion, while heavily reducing US reliance on semiconductor imports. Both TSMC factories combined will produce 600,000 wafers per year. At scale, these two [plants] could meet the entire U.S. demand for U.S

OPR_constrfacil

Intel Layoffs: Will Intel Stock Keep Going Up By Cutting Costs?. | Key Takeaways Intel is expected to announce targeted layoff of thousands of its employees in November. In response to layoff rumors, the companys stock price has risen. Historically, companies announcing layoffs have underperformed the market in the long run. If you follow tech news, youve probably heard that Intel, one of the worlds largest chip makers, is planning to cut thousands of jobs through targeted layoffs

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Siemens Investing $54M in Its U.S. Manufacturing Footprint to Support National Infrastructure Projects. Today, Siemens joins President Biden at the White House to announce it will invest $54 million across key U.S. manufacturing facilities that serve critical infrastructure markets. The company, already a leader in power infrastructure development and deployment, is investing in its existing electrical infrastructure manufacturing hub in Grand Prairie, Texas (IBEW Local 220), and a greenfield manufacturing site for electrical infrastructure and

OPR_invest

NEC and Juniper Networks Deploy Algeria Telecoms Nationwide 5G-Ready IP Metro Network. Network automation tools deployed to drive assured user experience : Juniper Networks TOKYO & SUNNYVALE, C--( ) 2022 05 26 -- 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, to roll out its modernized

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GM, LG Energy joint venture Ohio battery plant begins production. WASHINGTON (Reuters) A General Motors and LG Energy Solution joint venture battery production plant in Ohio has begun production. The Ultium Cells plant is the first of at least four plants planned in the United States by the joint venture to supply GM electric vehicles. The Warren plant has more than 800 employees and is preparing to further ramp up production, Ultium said. (Reporting by David Shepardson; Editing by Chris Reese) 9:45 AM -

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What Nissan models do Russians choose. Nissan plant in St. Petersburg increased production rates last year. Nissans St. Petersburg plant produced 45,040 vehicles last calendar year, which is 17% more than in 2020. Since November last year, the plant has been operating in two shifts, with about 2,000 employees. The Qashqai crossover remains the most mass-produced model on the Russian assembly line of Nissan, the production of which increased by 17% to 22,156. The production of the X-Trail crossover last year amounted to 20,312 vehicles

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Ferroglobe to Restart Polokwane Facility in South Africa MarketWatch. By Stephen Nakrosis Ferroglobe PLC said Monday it plans to restart its 55,000-ton silicon metal facility in Polokwane, South Africa. The decision to restart the Polokwane facility was made as part of Ferroglobes strategic plan to increase its capacity of silicon metal to address strong market demand. The facility was idled in August 2019, Ferroglobe said. The company said the decision to restart the plant was contingent on the companys

OPR_restartunit

Ford begins construction on $5.6 billion Tennessee electric truck factory. Blue Oval City to make pickups and batteries Construction on the new Ford Blue Oval City manufacturing facility in Stanton, Tennessee is now well underway after an announcement last September. The $5.6 billion campus is slated to begin producing electric trucks and batteries in collaboration with Koreas SK On in 2025. Construction piers have begun to rise from the property for the facility, which will span six square miles and employ 6

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Korn Ferry : Named a Leader in the 2022 Gartner Magic Quadrant for Sales Training Service Providers. Los Angeles, March 14 , 2022 - Korn Ferry (NYSE: KFY), a global organizational consulting firm, today announced that it has been named a Leader in the 2022 Gartner Magic Quadrant for Sales Training Service Providers. With proven, industry-leading sales methodology, Korn Ferry helps world-class organizations around the globe improve sales effectiveness and performance. Its critical that sales professionals become strategic partners to their

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Ford cutting 3,000 white-collar jobs in bid to lower costs By TOM KRISHER - AP Auto Writer Aug 22, 2022 Aug 22, 2022 Updated 6 hrs ago. DETROIT (AP) About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries. 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

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Baidu Third-Quarter Loss Narrowed on Cost Cuts, Higher Revenue -- Update. By Clarence Leong Baidu Inc.s third-quarter net loss narrowed significantly, thanks to cost cuts and higher revenue on growth beyond online marketing. The Chinese search-engine company said Tuesday that its quarterly loss was 146 million yuan ($20.4 million), compared with a CNY16.56 billion net loss a year earlier, when it recorded a significant noncash loss in long-term investments. Baidus non-GAAP net income

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Ford slashes production amid chip shortage. The site could be temporarily unavailable or too busy. Try again in a few moments. If you are unable to load any pages, check your computers network connection. If your computer or network is protected by a firewall or proxy, make sure that Firefox is permitted to access the Web.

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RossellTechsys wins Boeing Contract to Manufacture Wire Harnesses for the T-7A Red Hawk Platform. Published | By SOURCE: ANI RossellTechsys has won a contract from Boeing to manufacture and supply wire harnesses for the global aerospace companys T-7A Red Hawk. Rossell, as part of the Indefinite Delivery Indefinite Quantity (IDIQ) strategic agreement, will be manufacturing Electrical Wiring and Interconnect System (EWIS) parts. The deliveries will continue through FY 2032, covering a total of 84 unique parts

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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. 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 the expiration

OPR_sellasset

Goldman Sachs Plans A Massive Overhaul: REPORT. Goldman Sachs is planning to undergo a massive restructuring that refocuses the investment giant in a bid to overcome investors concerns about the long-term health of the company, The Wall Street Journal reported Sunday. The restructuring will reorganize the company into three units, one combining investment-banking and trading, one merging asset, wealth management and consumer banking, and one managing transaction banking and financial

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CNOOC Limited Announces Kenli 6-1 Oilfield 10-1 North Block Development Project Commenced Production. Published Sep. 13, 2022 at 2:18 AM CEST | Updated 5 minutes ago HONG KONG Sept. 12, 2022 /PRNewswire/ -- CNOOC Limited (the Company, SEHK: 00883, SSE: 600938) announced today that Kenli 6-1 Oilfield 10-1 North Block Development Project commenced production. The development project locates in the south of Bohai Sea, with average water depth of about 19 meters. The main production facilities include 1 production adjective platform and 2

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Toyota says trucking protests force cuts to Canadian production. WASHINGTON (Reuters) Toyota Motor Corp said on Wednesday it did not expect its auto plants in Ontario to produce vehicles for the rest of the week, because of supply problems stemming from COVID-19 trucking protests and other factors. Due to a number of supply chain, severe weather and COVID related challenges, Toyota continues to face shortages affecting production at our North American plants, including Toyota Motor Manufacturing Canada

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VICI Properties Inc. Expands Borrowing Capacity With a New $3.5 Billion Unsecured Credit Facility. VICI Properties Inc. ( NYSE: VICI ) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the effectiveness of its new and undrawn $3.5 billion unsecured credit facility consisting of a four-year $2.5 billion senior unsecured revolving credit facility (the Revolving Credit Facility) and a three-year $1.0 billion senior unsecured delayed draw term loan (the Delayed Draw Term Loan together

OPR_upcapacity

SpaceX launches four astronauts to International Space Station. In this article: Samantha Cristoforetti Kjell N. Lindgren launched four astronauts to the (ISS) on Wednesday (27 April). The astronauts were launches as part of a mission, and were the fourth commercial crew rotation mission aboard the ISS. The crew comprised of mission commander Kjell Lindgren, pilot Bob Hines, mission specialists Jessica Watkins and Samantha Cristoforetti. NASA said that the crew will conduct a science expedition in

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Intel India inaugurates new state-of-the-art design center in Bangalore. Intel India on Friday announced the expansion of its design and engineering footprint in India with the unveiling of a new 4.53 lakh square foot facility here. The new two-tower center can accommodate 2,000 employees and will help advance Intel Indias cutting edge design and engineering work across customer, data center, IoT, graphics, artificial intelligence and automotive segments , according to a statement from the company

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Credit Suisse eyes more cost cuts, SonntagsZeitung reports. ZURICH (Reuters) Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources. The numbers are catastrophic, an unnamed senior banker told the newspaper, adding that staff morale is very low. Managers and the board of directors are now discussing a new, large cost-saving plan, a second executive told the paper in an article

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HAL, BEL Gain As Morgan Stanley Ups Target On Local Defence Manufacturing Push. Shares of Hindustan Aeronautics Ltd. and Bharat Electronics Ltd. gained as Morgan Stanley sees them to benefit from Indias push for local defence manufacturing. The research house maintained overweight/in line rating on both stocks and raised its target prices for them. According to Morgan Stanley, local defence manufacturing is a powerful thememuch like production-linked incentive schemesdue to increased opportunities from import bans

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AlphaSTAR Joins Siemens Partner Program To Offer Cutting-edge Simulation Capabilities For 3D Printing. November 11 Siemens customers are able to access AlphaSTARs suite of advanced Polymer Additive Manufacturing simulation software products in Siemens NX and Simcenter 3D software for product engineering and simulation. Irvine, CA AlphaSTAR announced today that it is expanding its collaboration with Siemens Digital Industries Software in joining Siemens Partner Program. Through this program, Siemens customers will have access to

OPR_cutcapacity

Toyota factory to shut down for 3 weeks for maintenance. The shutdown will not affect CBU models as well as Maruti-sourced models like the Glanza and Urban Cruiser. Toyota has announced that it will temporarily halt production at its Bidadi factory for maintenance from April 26 to May 14, 2021. The shutdown will not affect CBU models as well as Maruti-sourced models like the Glanza and Urban Cruiser. Also, vehicle servicing operations will continue to function normally

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Nokia (NOK) to Power Ices 5G Network Expansion in Norway. Zacks Equity Research 4-min read Nokia Corporation NOK recently inked a five-year deal with Norwegian mobile firm Ice to expand and upgrade the carriers 5G infrastructure across the country. The deal will enable the fastest growing mobile network operator in the Nordic region to offer superior 5G services to its customers and extend its footprint to hitherto untapped areas. With more than 700

OPR_expandfacil

TransGlobe Energy Notes VAALCO Energys Successful Drilling of the North Tchibala 2H-ST Well and Operational Update on FSO and Field Reconfiguration at Etame. Calgary, Alberta--(Newsfile Corp. - September 27, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX: TGL) (NASDAQ: ) (TransGlobe or the Company) notes the positive update issued by VAALCO Energy, Inc. (NYSE: ) (LSE: ) (VAALCO) this morning. VAALCOs announcement can be viewed VAALCO continues to make positive progress with its ongoing Etame drilling programme with the successful drilling of the North Tchibala 2H-ST well

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Novartis expands Zolgensma manufacturing capacity with approval of multi-product North Carolina facility. Clearance of critical milestone expands capability for production of gene therapies, starting with Zolgensma Novartis today announced the U.S. Food and Drug Administration (FDA) has granted commercial licensure approval for its Durham, N.C. site, a multi-product gene therapy manufacturing facility. This approval allows the state-of-the-art, 170,000 square-foot facility to make, test and release commercial Zolgensma

OPR_upcapacity

MGM Resorts sells land that was site of Las Vegas massacre. LAS VEGAS (AP) MGM Resorts International has closed on the sale of land on the Las Vegas Strip that was the site of the deadliest mass shooting in modern U.S. history, the company announced Friday. CEO and President Bill Hornbuckle disclosed the news to his staff in a letter Friday. The 15-acre Village property was purchased by the Three Affiliated Tribes of the Fort Berthold Indian Reservation based in central North Dakota

OPR_sellasset

Toyota halts orders for Harrier SUV due to output delay. (Recasts leading paragraph, adds comments from Toyota.) TOKYO, July 25 (Reuters) Toyota Motor Corp has stopped taking orders for its current Harrier sports utility vehicle model, a spokesperson said on Monday, as output was delayed by pandemic-linked curbs and a world semiconductor shortage. The Nikkei business daily reported earlier on Monday that Toyota had cancelled some orders for the Harrier due to production disruptions caused by the

OPR_delay

Ford Hires Audis Sander to Lead Ford Germany, Passenger Vehicles Europe. By Reuters | Jan. 10, 2022, at 6:18 a.m. FILE PHOTO: The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir Reuters BERLIN (Reuters) - Ford has appointed Audis Europe sales chief Martin Sander into a new role heading up its German operations as well as running passenger vehicles for Europe, the company said on Monday. The new position will combine the role of chair of Ford-Werke GmbH

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Deutsche Bank Aktiengesellschaft Lowers American Axle & Manufacturing (NYSE:AXL) Price Target to $8.00. American Axle & Manufacturing ( NYSE:AXL Get Rating ) had its price objective cut by Deutsche Bank Aktiengesellschaft from $10.00 to $8.00 in a research note issued on Thursday, The Fly reports. Deutsche Bank Aktiengesellschafts target price would suggest a potential upside of 10.50% from the companys current price. AXL has been the topic of several other research reports. Citigroup reduced their price objective on shares of American Axle &

OPR_cutprodfcas

Toyota scales back Japan production over chips, parts crunch. FILE - The Toyota logo on a dealership is seen in Manchester, N.H. on Aug. 15, 2019. Japans top automaker Toyota will scale back domestic production over the next three months because of a supply crunch in chips and other parts that have recently slammed the global auto industry. Charles Krupa/AP TOKYO (AP) Japans top automaker Toyota will scale back domestic production over the next three months because of a supply crunch in chips and

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Baker Hughes data show U.S. weekly active oil-rig count up 1 at 481. This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. Weiter zum vollstndigen Artikel bei MarketWatch

OPR_upcapacity

Ryanair nudges up passenger target on increased UK capacity. DUBLIN (Reuters) Ryanair said on Tuesday it expects to grow traffic to 166.5 million passengers in the year to the end of March, up from a previous target of 165 million after adding to its UK winter capacity. Europes largest airline by passenger numbers said it had added more than 1 million seats to and from 20 UK airports after rival IAG-owned British Airways cut its winter schedule. Ryanair flew 97 million passengers in its last financial

OPR_upcapacity

Home Depot is hiring over 1,000 employees to store in New Jersey. To prepare for the busiest season of the year, the home improvement company has announced that it will employ 1,160 people, both full-time and part-time. These flexible positions will focus on customer service, ordering online orders picked up curbside or in store, and unpacking overnight freight and merchandising, says a Home Depot spokesperson. Jobseekers may apply for positions on their own. Open positions vary by store

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Carnival Corporation Upgrading Global Fleet with Fuel- and Energy-Saving Technology. Worlds largest cruise company is rolling out Service Power Packages to improve energy efficiency and support overall sustainability goals To significantly reduce energy and fuel consumption, upgrades include investments in on-demand automation and controls, cooling enhancements, LED lighting and efficient HVAC systems, with indoor air quality continuously monitored and maintained to the highest standards at sea MIAMI, Aug

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Royal Dutch Shell boosts gas production. Royal Dutch Shell boosts gas production Source link

OPR_upprod

Duke Realty Deal Streak Continues in SoutheCalifornia with Two New Lease Agreements. U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT IRVINE, Calif. The SoutheCalifornia office of Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, preleases 148,078-square-foot speculative development at 131 Perry Street in Perris to Universal Shipping Inc., (USI) a RAK Logistics company

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Pfizer Hired 600 Employees Due To Large Increase Of Adverse Event Reports: Document. Pfizer Hired 600 Employees Due To Large Increase Of Adverse Event Reports: Document Pfizer hired 600 employees in the months after its COVID-19 vaccine was authorized in the United States due to the large increase of reports of side effects linked to the vaccine, according to a document prepared by the company. Pfizer has taken a multiple actions to help alleviate the large increase of adverse event reports, according to the document

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Ford cutting 3,000 white-collar jobs in bid to lower costs. By TOM KRISHER Associated Press, Updated August 22, 2022, 6 minutes ago DETROIT About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries. Leaders of the Dearborn, Mich., automaker made the announcement Monday in a companywide e-mail, saying that 2,000 full-time salaried workers would be let go along with

OPR_costsfall

Sonoco ThermoSafe and American Airlines Sign Global Master Lease Agreement. Publishing date:Sep 08, 2022 36 minutes ago 3 minute read Join the conversation ARLINGTON HEIGHTS, Ill., Sept. 08, 2022 (GLOBE NEWSWIRE) Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) one of the largest global providers of temperature assurance packaging, and American Airlines Cargo, a trusted airline partner in transporting high-value, time and temperature sensitive shipments, are pleased to announce a global partnership lease agreement

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Genpact Teams Up with USAA to Support Its Property Direct Repair Program. Genpacts extensive industry expertise and AI-powered claims management platform will help improve overall Member experiences and efficiencies NEW YORK,, 2022 /PRNewswire/ -- Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced it has been selected to implement its digital and AI capabilities to elevate USAAs Property Direct Repair Program (PDRP)

OPR_revampfacil

Toyota cuts output target amid chip crunch as profit tumbles 25%. Q2 profit 562.7 bln yen vs 772.2 bln yen forecast Cuts FY production target to 9.2 mln units from 9.7 mln Unclear when chip shortage will end - executive Results very unimpressive considering positive factors -analyst Shares end down 1.9%, Nikkei benchmark up 0.3% (Adds comments, updates shares) By Satoshi Sugiyama TOKYO Nov 1 (Reuters) - Toyota Motor Corp ( TM ) Loading... on Tuesday posted a worse-than-expected 25% drop in

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Caterpillar moving its headquarters to Texas from Illinois. DEERFIELD, Ill. (AP) Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas. Caterpillar Inc. said that its transferring its global base to the Dallas suburb of Irving, from Deerfield, outside Chicago. The company had been based in Peoria, Illinois, for over 90 years before announcing a move to Deerfield in 2017

OPR_restruct

Walmart adding 4 fulfillment centers, more than 4,000 jobs. by: MICHELLE CHAPMAN, Associated Press Posted: Jun 4, 2022 / 03:42 PM MDT Updated: Jun 4, 2022 / 03:42 PM MDT SHARE 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

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GM venture starts building battery cells at new Ohio factory. DETROIT (AP) General Motors said Wednesday that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits. The joint-venture plant near Warren, Ohio, is focused on training as it prepares to ramp up manufacturing. A spokeswoman for the venture said it is producing cells but they are not yet being shipped. Theyll go into vehicles with GMs Ultium batteries

OPR_constrfacil

Pfizers India arm posts profit jump on lower costs, price hikes. Pfizers India arm posts profit jump on lower costs, price hikes By Syndicated Content kdal610.com 18 minutes ago Read full article on original website

OPR_costsfall

Old Dominion Freight Line Adds Capacity with Seven New or Expanded Facilities in Service Center Network. March 29, 2022 at 07:00 AM EDT Old Dominion Freight Line, Inc. ( Nasdaq: ODFL ) announces its latest expansion efforts with service center growth in seven cities in the fourth quarter of 2021 and first quarter of 2022. The less-than-truckload (LTL) carriers new or improved facilities include Alliance, Texas, Byhalia, Miss., Clear Lake, Iowa, Kernersville, N.C., Marysville, Wash., West Columbia, S.C., and Westfield, Mass

OPR_upcapacity

Walmart Is Remodeling 1,000 Stores To Look Like This. Your local Walmart may be part of a 1,000-store redesign. Most recently, the Walmart store in Albuquerque, New Mexico got a faceliftand more stores across the country will be following suit. The store began phase one of renovations in July and just recently unveiled the new design to the public. Its complete with new signage with a bolder typeface, a mobile app to guide customers through the store, and new self-checkout kiosks

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Xinhua Headlines: BASFs Verbund site starts production in south China. * The first plants of German chemical giant BASF SEs Verbund site in the city of Zhanjiang, south Chinas Guangdong Province, started production as scheduled on Tuesday. * As the first wholly foreign-funded project in Chinas heavy chemical industry, the Zhanjiang Verbund site represents a new paradigm for Chinas wider opening-up and win-win cooperation between China and Germany. * China has vowed to open its doors even wider amid rising

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Pitney Bowes Opens First Presort Services Mega Center in Las Vegas. Press release from the issuing company 175,000 square foot facility to process First-Class Letters and Flats, Marketing Mail, and Bound Printed Matter STAMFORD, Conn. - Pitney Bowes, a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new Presort Services Mega Center in Las Vegas, Nevada. The 175,000 square foot facility is the companys largest-ever Presort

OPR_openunit

BIOLASE SIGNS LEASE TO EXPAND TRAINING AND EDUCATION INITIATIVES. 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, or Model Dental Office (MDO). In addition to BIOLASEs corporate

OPR_leasefacil

MGM Resorts sells land on Las Vegas Strip where 2017 mass shooting took place. CNN The land on the Las Vegas Strip where the 2017 Route 91 Harvest Festival mass shooting took place has been sold, the company that owned the land said. The sale, finalized on Friday, was for land across from The Luxor hotel known as the Village property and does not include a plot of land where a memorial is slated to go, MGM Resorts International said in a letter that was distributed to employees announcing the sale and its details

OPR_sellasset

New Vishay Intertechnology UVC Emitting Diodes in Ceramic / Quartz-Based Package Offer Higher Radiant Power at a Lower Cost Than Previous-Generation Solutions. Vishay Intertechnology, Inc. 3 min read Vishay Intertechnology, Inc. Devices Combine Typical Radiant Power of 37 mW With a Longer Service Life of 27 000 Hours and a Shorter Typical Wavelength of 274 nm for Higher Disinfection Efficiency MALVERN, Pa., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced two new UVC (short wavelength ultraviolet) emitting diodes in a ceramic / quartz-based package for

OPR_costsfall

Japan Toyota Announces Adjustments to Domestic Production in January and in February, as of January 25. Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles (Adjustments to Domestic Production in January) and also our revised production plan for February (Production Plans in February 2022) due to the shortage of semiconductor-related parts. Today, Toyota announces additional suspensions of domestic plant

OPR_reportprod

Samsungs 3nm GAA Process Has a Worse Yield Rate Than 4nm, Will Struggle to Get Orders From Qualcomm, Others. Samsung not only appears to be struggling when mass producing on its 4nm process, but the Korean manufacturer is experiencing even more difficulties with its 3nm GAA node, according to the latest report. At this rate, it is safe to assume that the likes of Qualcomm and MediaTek will not be entertaining Samsung with their orders. Samsungs 3nm GAA to Reportedly Be Used for Companys in-House Chips

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TSMC starts 3nm chip production in Taiwan. Heres why this is a big deal for Apple and other smartphone makers Technology News, Firstpost. Mehul Reuben Das December 27, 2022 5:29:07 PM IST TSMC has announced that they have started manufacturing 3nm chips at their facilities in Taiwan. Earlier this month, chip manufacturing giant and Apple CEO Tim Cook unveiled its upcoming chip factory in Arizona earlier this month, which will also utilize the new production node. According to Focus Taiwan, TSMC is holding a party today to honor the start of mass production of 3nm process chips

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Scotiabank Cuts Kelt Exploration (TSE:KEL) Price Target to C$10.50. Kelt Exploration ( TSE:KEL Get Rating had its price objective reduced by Scotiabank from C$11.00 to C$10.50 in a research report report published on Thursday morning, BayStreet.CA reports. A number of other equities research analysts have also weighed in on KEL. National Bankshares decreased their price objective on shares of Kelt Exploration from C$10.00 to C$8.50 in a report on Thursday, April 14th

OPR_cutprodfcas

: Baker Hughes data show U.S. weekly active oil-rig count down by 5 to 620. This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. Weiter zum vollstndigen Artikel bei MarketWatch

OPR_cutcapacity

Illumina Unveils its Most Accurate and Comprehensive Secondary Analysis Platform, Boosting Lab Capabilities By Illumina, Inc. Jul 27, 2022 Jul 27, 2022 Updated 2 hrs ago. DRAGEN v4.0 brings greater accuracy, comprehensiveness, and efficiency to genomic analysis than ever before, unlocking the full potential of genomics to improve human health SAN DIEGO July 27, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced today the release of Illumina DRAGEN v4.0, its most accurate and comprehensive secondary analysis platform

OPR_upcapacity

TC Energy expects to give update on Keystone pipeline restart Wednesday. Dec 14 (Reuters) - TC Energy on Wednesday said it expects to give an update on the Keystone pipeline restart later Wednesday, a week after the 622,000-barrel-per-day pipeline was shut down after leaking oil into a creek in Kansas. (Reporting by Nia Williams; Editing by Mark Porter) Nuestro objetivo es crear un lugar seguro y atractivo para que los usuarios se conecten en relacin con sus intereses

OPR_restartunit

Toyota investing $5.6 billion to build EV batteries, despite its own doubts. Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and the United States. But unlike other automakers who are going all-in on EVs, Toyota said its still not convinced thats the best path forward. New York (CNN Business) only emissions would be water vapor, which complies with tougher environmental regulations now being put in place

OPR_invest

Walmart is expanding abortion coverage for employees & More News. The companys healthcare plans will now cover abortion under certain circumstances: when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability, according to an internal memo sent Friday by Donna Morris, Walmarts Chief People Officer. Walmart WMT , which has 1.6 million employees in the US, will also expand travel coverage to access services covered by its healthcare plans

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BASF : expands production capacity for feed enzymes. 01/26/2022 | 08:06am EST Expansion of BASFs Ludwigshafen enyzme plant has started production and larger volumes of BASF feed enzymes are already available BASFs animal nutrition business to serve the growing demand for enzymes and thus supporting customers growth plans BASF has expanded the production capacity of its enzymes plant in Ludwigshafen, Germany. Through the expansion of the existing plant

OPR_upcapacity

Starbucks union says the coffee giant is closing a store to retaliate. Pro-union pins sit on a table during a watch party for Starbucks employees union election, Dec. 9, 2021, in Buffalo, N.Y. Starbucks is closing a store in Ithaca, N.Y., in what Starbucks union organizers are calling an illegal move of retaliation after workers at the location voted to unionize. The coffee giant gave the employees at the College Ave. location near Cornell University a one-week notice of the closure, the union says

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Boeing announced the suspension of work with Russian airlines. The company stops the supply of spare parts and maintenance of aircraft owned or leased by Russian carriers American aircraft manufacturer Boeing said on Tuesday it was suspending parts, maintenance and support for Russian airlines and core operations in Moscow following Russias invasion of Ukraine. As the conflict continues, our teams are focused on keeping our comrades safe at regional offices, a Boeing spokesman said

OPR_planoutage

Meet the architect helping tech companies like Intuit redesign offices for hybrid work. The pandemic changed how we work. And while some companies are reverting to a pre-pandemic workweek, 81 per cent of executives said they are adopting a more flexible workplace, according to LinkedIns 2022 Global Talent Trends report. But getting employees back in the office hasnt been easy and companies are having to rethink the role the office plays in a post-pandemic world. Clive Wilkinson, who designed the Googleplex

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Sonoco ThermoSafe and LATAM Cargo Sign Global Master Lease Agreement. ARLINGTON HEIGHTS, Ill., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and one of the largest global providers of temperature assurance packaging, and LATAM Cargo, an international cargo airline with headquarters in Santiago de Chile, are pleased to announce a global lease agreement for the new Pegasus ULD temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders

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Home Depot hiring more than 600 workers in Cleveland. CLEVELAND, Ohio (WOIO) - Home Depot is hiring more than 670 part-time and full-time positions to help with their busy spring season. The positions include customer service/sales, store support, freight, merchandising and warehouse associates. Positions vary by store. Those interested in applying should click

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Baker Hughes: US oil rig count down by 1 to 621. Cons. Prev. 9:30 PM CFTC JPY NC Net Positions -40.90 K 9:30 PM CFTC Oil NC Net Positions 238.20 K 9:30 PM CFTC Gold NC Net Positions 128.80 K $ 9:30 PM CFTC S&P 500 NC Net Positions -159.80 K $ 9:30 PM CFTC GBP NC Net Positions -5.60 K 11:00 PM New Years Eve Name Last Date / Time Chg. (%) 2:47 PM 7:08 PM 7:08 PM 7:08 PM 6:53 PM 2:25 PM 6:00 PM 7:00 AM 9:08 AM 12:00 AM Name Last Date /

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Avery Dennison to invest in capacity expansion and manufacturing efficiency in Europe. Avery Dennison has announced plans to invest 60 million in expanding facilities in France and Luxembourg, with the goal of boosting manufacturing capacity and factory efficiency across its label and packaging material operations. The company says that it is one year into a three-year expansion of its facilities at Champs-sur-Frac, France, which represents a 45 million investment. These enhancements will reportedly include five new logistical

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Intel and Brookfield Asset Management enter a $30B funding partnership to expand chip factory. Intel Corp is partnering with Brookfield Asset Management in a unique $30B deal to expand semiconductor ambitions. Described as a first-of-its-kind agreement in the industry, under this contract, Intel would fund 51% cost of building new chip manufacturing facilities in Chandler, Ariz. Intel chief financial officer David Zinsner said the technology giant would have a controlling stake in the financing vehicle, owning the new factories

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Intel is spending $20 billion to build a massive chip-making facility in Ohio. Intel has revealed its plans to build a massive semiconductor facility in Ohio to Time one that company CEO Pat Gelsinger is expecting to become the largest silicon manufacturing location on the planet. The company is earmarking $20 billion to build the site on a 1,000-acre land in New Albany, located on the outskirts of Columbus, Ohio. Intels initial plans include building two semiconductor fabrication plants (or fabs) on the property that

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Walmart Remodeling 41 Stores in Missouri. (KTTS News) Walmart is investing $240 million to update 41 Missouri stores across the state. The store renovations will expand shopping options by offering pick-up, delivery, and express deliveries. Stores will also update paint, lighting, mothers rooms for nursing mothers, and more. Springfield will have four stores renovated. 2825 N Kansas Expy. 3720 East Sunshine Street 3150 W Republic Rd 1320 S Glenstone Ave Recommended

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SOUTHWEST AIRLINES INVESTS IN SUSTAINABLE AVIATION FUEL PILOT PROJECT SUPPORTED BY THE DEPARTMENT OF ENERGY. Carriers first-of-its-kind investment supports the development of technology intended to commercialize sustainable aviation fuel DALLAS, /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (Southwest or the Company) today announces an investment into SAFFiRE Renewables, LLC (SAFFiRE), a company formed by D3MAX, LLC (D3MAX), as part of a Department of Energy (DOE)-backed project to develop and produce scalable

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Eli Lilly profit falls 18% on higher costs. The companys net income fell to $1.73 billion, or $1.90 per share, in the fourth quarter ended Dec. 31, from $2.12 billion, or $2.32 per share, a year earlier. (Reporting by Leroy Leo and Manojna Maddipatla in Bengaluru; Editing by Shounak Dasgupta)

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BMW suspends car production in Kaliningrad and stops delivering cars to the Russian market. Ford also suspends operations in Russia. As Prime writes, the BMW concern has decided to suspend the production of cars at the Avtotor plant in Kaliningrad, as well as stop deliveries of cars to the Russian market. Due to the current geopolitical situation, the BMW Group is suspending deliveries to the Russian market, as well as local production of cars. Further decisions will be made based on the development of the situation. , the company said

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Walmart hiring 40,000 seasonal workers for holiday season. FILE - A Wal-Mart store is seen Monday, Aug. 14, 2006, in Pewaukee, Wis. (AP Photo/Morry Gash) With several holidays happening soon, Walmart announced that its looking to hire 40,000 seasonal workers this holiday season. The company is looking to hire several positions: full-time, permanent truck drivers, seasonal store associates, and customer care associates. Recent Stories from kxlh.com The company added that theyd first offer current

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Semtech Announces March 2022 Production of Industrys First 5G Front Haul Tri-Edge CDR IC Solution Enabling Emerging 5G Wireless Deployments. Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced March 2022 production of its Tri-Edge clock and data recovery (CDR) with an integrated DML driver to enable emerging 50Gbps PAM4 5G front haul deployments, the GN2255. Semtechs production of the Tri-Edge integrated circuit (IC) will enable wireless system vendors and carriers to upgrade

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Starbucks exits Russia, closing 130 locations due to Ukraine invasion. A coffee cup sits next to a laptop connected to the Internet using a Wi-Fi modem at a Starbucks coffee house. James Leynse/Getty Images Starbucks has announced it will leave Russia after 15 years in the country due to the Russian invasion of Ukraine, following a suspension of operations of its 130 locations in March. Starbucks joins other corporations like McDonalds, Exxon Mobil and British American Tobacco in leaving Russia completely

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Credit Suisse eyes more cost cuts, SonntagsZeitung reports & More Credit News. The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann/File Photo Register now for FREE unlimited access to Reuters.com ZURICH, July 24 (Reuters) Credit Suisse (CSGN.S) is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources

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To alleviate the global chip shortage, TSMC considers building a new factory in Singapore. According to , TSMC, the worlds largest independent foundry, is considering spending billions of dollars in order to build a new fabrication facility in Singapore. With the current chip shortage, TSMC needs to add production capacity to make sure that it can deliver enough cutting-edge chipsets to meet demand from its top customers including Apple, Qualcomm, and Mediatek. TSMC negotiating to build a new fab in Singapore to alleviate the global

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Sunrise Senior Living Opens 92-Unit Assisted Living Community in Redwood City. Leading Provider of Personalized Senior Care and Communities Fostering Social Connections Will Offer Services To Seniors and Families Across San Mateo County REDWOOD CITY, Calif.Today, Sunrise Senior Living, an industry pioneer and leading provider of senior communities providing individualized experiences and best-in-class care, announced the opening of its newest property in the heart of Silicon Valley

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Intel is building a $20 billion computer chip facility in Ohio amid a global shortage. Intel Corp. is planning to invest investment more than $20 billion in two computer chip plants in central Ohio to help address a global semiconductor shortage.

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Microsoft Cuts Jobs as It Realigns Businesses -Bloomberg. --Microsoft Corp. cut some of its workforce on Monday in a business realignment after the close of its fiscal year on June 30, Bloomberg reported. --The software giant said it plans to keep hiring for other roles and finish the current fiscal year with an increased headcount, the report said. --The layoffs, which affected less than 1% of its workforce, spanned across groups ranging from consulting and customer and partner solutions and were

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Evoqua Water Technologies Opens New Manufacturing Facility in Singapore to Support Growth in APAC. Evoqua Water Technologies (NYSE: AQUA), a leader in mission-critical water treatment solutions, recently celebrated the opening of its new manufacturing facility based in Singapore, furthering the companys investment in Asia-Pacific (APAC) as demand continues to grow for innovative water treatment solutions in the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220609005307/en/

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Salesforce is ordering some employees back to the office, a reversal from CEO Marc Benioffs public comments that workers are just as productive at home. Some Salesforce employees are being told to return to the office, according to company insiders. The order conflicts with CEO Benioffs prior comments that office mandates dont work. The company has cut jobs and slashed its annual revenue guidance in recent months. Salesforce is telling some members of its sales team to return to the office for at least part of the week, according to three insiders an apparent reversal from CEO Marc

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TSMC to invest record $44 bn on chip capacity expansion in 2022. SME Times News Bureau | 15 Jan, 2022 Taiwan Semiconductor Manufacturing Co (TSMC) said on Thursday that it will invest up to $44 billion this year to expand chip manufacturing capacity, as the world faces acute chip shortage amid supply chain constraints. In its latest earnings release, the Taiwanese firm said it expects capital spending to be between $40 and $44 billion in 2022, up from a previous record of $30 billion in 2021

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PepsiCo invests $5mln in sales technology infrastructure. The company is currently collaborating with more than 5,000 farmers Staff Writer Arab Finance March 17, 2022 ArabFinance : PepsiCo Egypt has pumped investments worth $5 million in the technology infrastructure programs related to sales in 2021, Chairman Mohamed Shelbaya told Hapi Journal. These investments have contributed to boosting the sales volume by 10% last year, Shelbaya said. In 2021, the company has invested $100 million in

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Sonoco ThermoSafe and United Cargo Sign Global Master Lease Agreement. ARLINGTON HEIGHTS, Ill., Sept. 26, 2022 (GLOBE NEWSWIRE) Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and one of the largest global providers of temperature assurance packaging, and United Cargo are pleased to announce a global lease agreement for the new Pegasus ULD temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD containers directly from United Cargo

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Scorpio Tankers Inc. Announces Agreements to Sell 14 Vessels, an Update on Financings, and Preliminary Q4 2021 Daily TCE Revenues. MONACO, Jan. 27, 2022 (GLOBE NEWSWIRE) Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers, or the Company) announces that the Company has entered into agreements to sell 14 vessels (two MRs and 12 LR1s), an update on financings, and the preliminary Q4 2021 daily TCE revenues. Agreements to Sell 14 Vessels and Update on Financings The Company has entered into agreements to sell two MRs (2013 built STI Fontvieille and 2019 built STI

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Patterson-UTI Reports Drilling Activity for November 2022. HOUSTON, TX / ACCESSWIRE / December 5, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2022, the Company had an average of 131 drilling rigs operating in the United States. For the two months ended November 30, 2022, the Company had an average of 131 drilling rigs operating in the United States. Average drilling rigs operating reported in the Companys monthly announcements represent the average

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Azerbaijan Airlines to Expand its Boeing 787 Dreamliner Fleet, Signs Memorandum of Understanding to Purchase Four More Airplanes. FARNBOROUGH, United Kingdom July 20, 2022 /PRNewswire/ -- Boeing and Azerbaijan Airlines today signed a Memorandum of Understanding (MoU) for four additional fuel-efficient 787-8s at the Farnborough International Airshow. The Azerbaijan flag-carrier currently operates two 787-8s, with todays announcement the airline intends to grow its Dreamliner fleet to 10 by 2030, enabling it to open new routes across Central Asia Azerbaijan Airlines was

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ArcelorMittal Acindar Investing in Wind Power Project. ArcelorMittals Argentinian steelmaker Acindar has signed an agreement with Petroquimica Comodoro Rivadavia to invest USD 140

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Casino stocks rise as China eases COVID lockdowns, Bed Bath & Beyond to lower expenses. Yahoo Finance Live takes a look at several trending stocks, including Qualcomm indicating it will continue to be Apples chip supplier for iPhones. Recommended Stories Bloomberg (Bloomberg) -- Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probing the misconduct, according to the Securities and Exchange Commission.Most

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Sony Introduces New Closed Cell Isolation System CGX10 for use in Production of Advanced Cell Therapy Products. TOKYO Jan. 12, 2022 /PRNewswire/ -- Sony Corporation (Sony) today introduced a new Cell Isolation System, CGX10, which sorts cells at high speed and high purity in a closed system. The CGX10s design enables sorting of cells in a manner that is entirely closed off from the outside environment, making it possible to analyze and isolate cells while maintaining a sterile state. This is especially important in fields such as cell-based

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Southwest Airlines goes live with IFS maintenance management for entire Boeing 737 fleet. [TODAY ONLY] 4,600 plus Southwest employees and third-party staff are now empowered to streamline maintenance, repair and overhaul (MRO) processes for its fleet of almost 730 aircraft CHICAGO April 25, 2022 /PRNewswire/ -- IFS , the global cloud enterprise applications company, announces that Southwest Airlines has deployed IFS as its enterprise maintenance management standard to optimize operational performance by safeguarding aircraft

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Toyota Restarting Japan Plants After Malware Hits Supplier. Toyota plan to resume production at all of its 14 plants as of Wednesday, March 2, 2022, after they were idled for a day due to a cyberattack on a domestic supplier. AP Photo/Charles Krupa, File 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

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