Tag Archives: production

Ford ramps up F-150 Lightning production to meet hot demand for the EV pickup

The Ford F-150 Lightning electric pickup hasn’t even gone on sale yet, but demand is so red hot that the automaker is already ramping up production. The first Lightning prototypes are rolling off an assembly line in Dearborn, Mich. for real-world testing, with the truck arriving in dealerships this spring. But with 150,000 reservations already in hand for its inaugural EV pickup truck, Ford (F) announced Thursday that it will invest an additional $250 million and add 450 more jobs at three… Source link

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The US could ‘take the lead’ in vaccine production: NAM CEO

Raw material shortages, logistics hurdles and underground markets continue to mar the global distribution of COVID-19 vaccines. It’s why a former CDC director, numerous public health experts, scientists and activists called on the White House this month to enact a more aggressive manufacturing program to increase the production of vaccines within a year. Their joint letter builds on and cites a May blueprint published by Public Citizen, a progressive advocacy organization, for increasing… Source link

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David Friedberg’s Alphabet-backed Production Board raised $300 million

CEO of The Production Board David Friedberg walks to a morning session at the Allen & Company Sun Valley Conference on July 09, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images David Friedberg is known in Silicon Valley as an early Google executive who started farming insurance company Climate Corporation and sold it to Monsanto for $1 billion in 2013. More recently, Friedberg has gained the nickname Queen of Quinoa on the popular All-In podcast with investors Jason Calacanis, Chamath… Source link

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Bitfarms Provides Bitcoin Production Update

TORONTO, Ontario and BROSSARD, Québec, July 14, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (NASDAQ: BITF // TSXV: BITF), a publicly traded Bitcoin mining company, currently powering an estimated 1.5% of the Bitcoin network with greater than 99% green hydroelectricity, today announces a Bitcoin production update. Mining Production Highlights as of July 12, 2021 Using green hydroelectricity, Bitfarms mined 1,357 Bitcoin in the first six months of 2021, the… Source link

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US clean energy production is ‘an economic imperative’: Georgia senator

New legislation that would grant tax credits to accelerate solar energy manufacturing in the U.S. aims to make America competitive with China, in an industry China dominates globally. Georgia Senator Jon Ossoff (D), the bill’s sponsor, said it could also create up to 60,000 new jobs in the next decade. In an interview with Yahoo Finance Live, Ossoff framed the race to manufacture clean energy domestically as a ‘national security imperative’ and a ‘major’ job creation… Source link

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Oil Markets Baffled As The IEA Calls For More Production

In its latest Monthly Oil Report, the IEA called on OPEC+ to increase production in order to counter higher demand in 2022. The agency claimed that, based on current global economic growth expectations, demand for crude oil and petroleum products will be reaching pre-COVID levels by 2022. The Paris-based energy watchdog, which has come under fire after its shocking Net-Zero by 2050 report called for no more investments in oil and gas, stated that “OPEC+ needs to open the taps to keep the… Source link

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Yandex, VTB and partners to launch server production in Russia with new JV

MOSCOW, June 3 (Reuters) – Russian internet giant Yandex on Thursday signed an agreement with state-owned VTB Bank and other partners to produce servers in an effort to tap into Russia’s growing market for server hardware, the company said. Yandex and VTB will set up a joint venture with IT group LANIT and computer equipment manufacturer Gigabyte to sell servers in Russia and abroad, Yandex said. (Reporting by Alexander Marrow, editing by Maria Kiselyova) Source link

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Google, U.S. government tangle over pre-trial document production

FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many documents related to the Justice Department’s antitrust lawsuit against the search and advertising giant should be turned over, and how fast. In a status conference before Judge Amit Mehta of the U.S. District Court for the District… Source link

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Google, U.S. government tangle over pre-trial document production

Google, U.S. government tangle over pre-trial document production FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo U.S. Legal News Reuters Staff WASHINGTON (Reuters) – Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many… Source link

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