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| Ferrari reports 58% jump in fourth-quarter earnings |
2/3/2021 |
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The sports car maker based in Modena, Italy, said its fourth-quarter net profit rose to 263 million euros ($316 million) from 219 million euros a year earlier. A rise in shipments partly made up for a seven-week spring shutdown due to Italy’s strict coronavirus lockdown.
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| Tesla settles with NHTSAon recall of 135,000 vehicles |
2/3/2021 |
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The recall of certain 2012 through 2018 Model S sedans and 2016 through 2018 Model X SUVs ends a fight with the National Highway Traffic Safety Administration, which had started the process of taking the electric vehicle maker to court.
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| Airplane parts factory to close |
2/3/2021 |
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According to the Spokesman-Review, the company's parent, Triumph Group, lost $309.3 million from April 1 to September 30, 2020.
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| Cybercriminals targets at bigger business |
2/1/2021 |
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The nonprofit, which supports victims of identity crime, found that the number of U.S. data breaches fell 19 percent in 2020 to 1,108. But the number of individual victims of such cybercrimes fell 66 percent compared with the year prior.
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| U.S. economy contracted 3.5% in 2020 |
1/29/2021 |
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For 2020 as a whole, a year when the coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for the coming year. The economic damage followed the eruption of the pandemic 10 months ago and the deep recession it triggered, with tens of millions of Americans left jobless.
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| IC Insights forecast that global IC market will rise 12% |
1/28/2021 |
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Computing has long been the growth engine for the IC industry, but remarkable emerging applications in communication, consumer, automotive and industrial/medical systems are fueling development of new complex, high-speed, and/or low-power ICs, IC Insights said.
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| DDR5 modules to appear in computers by mid-year |
1/28/2021 |
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Motherboard makers have kicked off validation for DDR5 products ahead of schedule, said the sources, adding that DDR5 SO-DIMM modules for use in notebooks and mini PCs are also being validated by the motherboard firms.
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| U.S. durable good order increased |
1/28/2021 |
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The rise in orders for durable goods, items expected to last at least three years, followed much stronger increases of 1.2% November and 1.8% in October, the Commerce Department reported Wednesday.
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| Amazon to add 3000 new jobs |
1/27/2021 |
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The hires announced Tuesday will double the workforce in Amazon's Boston tech hub, with new jobs spread across Alexa, Amazon Web Services, Amazon Robotics, and Amazon Pharmacy.
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| IMF predicts 5.5% economic growth due to availability of Corona vaccine |
1/27/2021 |
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The vaccines should contain the spread of the virus and allow governments around the world to ease lockdowns and encourage a return to normal economic activity. The world economy also got a boost from government stimulus programs late last year in the United States and Japan.
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