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| Tesla to raise another $5 billion in stock market |
12/9/2020 |
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The company headed by Elon Musk has to finance some big-ticket capital spending this year because it’s building a new factory in Germany and has plans for an additional plant outside of Austin, Texas.
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| Amazon workers seeks to form union at Alabama warehouse |
12/8/2020 |
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Employees at the Bessemer facility filed a petition last month with the National Labor Relations Board saying they want to hold an election on forming a union to represent the 1,500 full and part-time workers at the so-called fulfillment center.
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| Economists are optimistic on full recovery before 2022 |
12/8/2020 |
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In the latest survey of the National Association for Business Economics. It found that 73% of surveyed forecasters say the economy will return to its pre-pandemic level by late 2021. That reflects greater optimism than the forecasters had expressed a couple months ago, when just 38% of them said they thought a full recovery could occur before 2022.
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| SpaceX has two space capsules in orbit at the same time |
12/8/2020 |
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“Dragons everywhere you look,” said Kenny Todd, NASA’s deputy space station program manager. With NASA’s commercial crew program officially under way, SpaceX expects to always have at least one Dragon capsule at the space station.
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| 3M to cut 2900 jobs in downsizing |
12/8/2020 |
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3M expects to achieve pre-tax savings of $200 million to $250 million from these actions, including $75 million to $100 million in 2021.
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| U.S. to place more Chinese companies on security list |
12/7/2020 |
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The Pentagon added four companies including Semiconductor Manufacturing International Corp. and China National Offshore Oil Corp. to a list of entities deemed to be part of efforts to modernize the ruling Communist Party's military wing, the People's Liberation Army. That raises the total number of companies on the blacklist to 35.
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| Ryanair ordered 75 additional Boeing MAX jets |
12/7/2020 |
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The order would be worth more than $9 billion at list prices, although airlines routinely receive deep discounts. Financial terms of the deal were not disclosed. Boeing shares rose 6% to $237.20, their highest closing price in nearly nine months.
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| Hewlett Packard Enterprise to move from California to Texas |
12/4/2020 |
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Hewlett Packard Enterprise was created in 2015 when the computer hardware pioneer Hewlett-Packard Inc. broke into two parts after years of struggling to keep up with industry trends, such as consumers’ shift away from personal computers.
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| Huge radio telescope in Puerto Rico collapsed |
12/3/2020 |
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The U.S. National Science Foundation had earlier announced that the Arecibo Observatory would be closed. An auxiliary cable snapped in August, causing a 100-foot gash on the 1,000-foot-wide (305-meter-wide) dish and damaged the receiver platform that hung above it. Then a main cable broke in early November.
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| Federal judge overturn Trumps' work visa hold |
12/3/2020 |
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The changes applying to the H-1B visa program announced in October include imposing salary requirements on companies employing skilled overseas workers and limits on specialty occupations.
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| China's lunar lander to bring back moon rock samples |
12/3/2020 |
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Plans call for the lander to spend two days drilling into the lunar surface and collecting 2 kilograms (4.4 pounds) of rocks and debris. The top stage of the probe will be launched back into lunar orbit to transfer the samples to a capsule to take back to Earth, where it is to land in China's northern grasslands in mid-December.
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| Sending a trash collector truck into space |
12/2/2020 |
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ClearSpace SA will lead to the “first active debris removal mission” in 2025, in which a custom-made spacecraft will capture and bring down part of a rocket once used to deliver a satellite into orbit.
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| Is iPhone really water proof? |
12/2/2020 |
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Italy regulators say Apple owes 10 million euros for claims that its iPhones are more waterproof than they are. Apple misled consumers when claiming certain models of iPhone were water-resistant up to 13 feet for as long as 30 minutes.
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