|
 |
|
| Durable good orders jumped 7.3% |
7/28/2020 |
|
The Commerce Department said Monday that the June gain in durable goods orders, which was better than expected, followed an even bigger 15.1% increase in May. Those two increases came after sharp declines in March and April as factories shut down.
|
|
|
| FAA order airlines to inspect 737 engines |
7/28/2020 |
|
The FAA said operators must inspect any 737 that has been parked for at least seven days or been flown fewer than 11 times since being returned to service. That's because of reports that certain engine valves can become stuck in the open position.
|
|
|
| A lot of the lost jobs might never return |
7/27/2020 |
|
New poll shows, a sign of increasing pessimism that would translate into roughly 10 million workers needing to find a new employer, if not a new occupation.
|
|
|
| MIT builds robot to disinfect warehouse in 30 minutes |
7/27/2020 |
|
With COVID-19 still disrupting supply chains around the world, the need for warehouse sanitation has arguably never been higher. The folks at the Massachusetts Institute of Technology are tackling this demand, and have come up with a robot that can reportedly do the job.
|
|
|
| Tesla post a surprising $104 million profit regardless of shut down |
7/24/2020 |
|
Local government restrictions forced Tesla to close its only U.S. assembly factory in Fremont, California, from March 23 to May 11. Even with no production, the company paid roughly 10,000 workers for part of the shutdown and Tesla continued health care and other benefits.
|
|
|
| Bloom and bust at North Dakota refinery |
7/23/2020 |
|
Meridian Energy Group first proposed the refinery just 3 miles (5 kilometers) from the park in 2016, with the goal of having it operating by next year. However, the project has been beset by funding and legal setbacks. Last year, CEO William Prentice told The Associated Press that the company had delayed the refinery's startup until 2022.
|
|
|
| China flooding causes delay in medical supply shipments |
7/22/2020 |
|
The reported noted that China typically sees Yangtze River flooding each summer, but this year’s has exacerbated supply chain issues for various products, including PPE, and that the timing could be a considerable setback for U.S. firms and health care operations
|
|
|
| Covid push the tendency for automations |
7/22/2020 |
|
Seamless integration with ordering and social distancing in the workplace are driving the need for increased automation and the related efficiencies.
|
|
|
| Samsung Foundry experience low yields on its 5nm process |
7/21/2020 |
|
It had not been thought that Samsung would be in volume production on 5nm until the end of this year and Qualcomm’s latest mobile chip-sets Snapdragon 875G and the Snapdragon 735G chipsets aren’t due on the market till 2021.
|
|
|
| TSMC denies rumors of setting fab in Japan |
7/21/2020 |
|
Japan is planning to invite Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly build an advanced chip manufacturing plant, however, TSMC said Monday (July 20) that no plans are currently in place.
|
|
|
| GM CEO anticipates economy to recover by early 2021 |
7/21/2020 |
|
A: We are seeing a recovery. We think it’s going to be a relatively short-lived recession. But we have a long way to go because we went to a pretty low base. The new outbreaks do pose potential setbacks, but we’re hopeful that the U.S. economy will be back to 90% of pre-pandemic levels early next year. There’s a lot of uncertainty.
|
|
|
| Russian hackers been trying hard to steal vaccine formula |
7/20/2020 |
|
It was unclear whether any useful information was stolen. But British Foreign Secretary Dominic Raab said, “It is completely unacceptable that the Russian Intelligence Services are targeting those working to combat the coronavirus pandemic.”
|
|
|
|
