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| U.S. economy plunged by 32.9% |
7/31/2020 |
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The U.S. economy plunged by a record-shattering 32.9% annual rate last quarter, and the coronavirus pandemic is still cutting a path of destruction, forcing millions out of work and shuttering businesses.
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| 3D Bio-printing forms KFC chicken nuggets |
7/31/2020 |
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The company recently announced plans to roll-out lab-grown chicken nuggets made by a 3D Bioprinting Solutions printer. The nuggets will be available this fall in Moscow.
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| Mobile App helps to bring early detection of Covid-19 |
7/30/2020 |
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The new technology developed with support from the DST, will detect the possible infection in an asymptomatic individual to prioritise the conventional testing queue as well as carry out a risk assessment of an asymptomatic individual to become symptomatic and risk assessment of an asymptomatic individual for recovery.
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| China has ambition to expand its foundries by 40% in 5 years |
7/30/2020 |
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China's IC self-sufficiency rate is still far lower than the goal of 40% set in the 13th five-year plan, and its chip fabrication technology still lags behind international peers by three generations. This, coupled with the US-China trade war, will add uncertainties to the future development of China's IC manufacturing industry.
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| AMD did well while Intel slows |
7/30/2020 |
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AMD shares rose as much as 10% in extended trading on Tuesday after the company upgraded its revenue guidance for the current year as part of its second-quarter earnings results.
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| Two-third of business economists hold optimism |
7/28/2020 |
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A survey released Monday by the National Association for Business Economics finds a “significant snap-back in expectations from the depths reached across nearly all categories in April,’’
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| 30,000 volunteers for Corona vaccine test |
7/28/2020 |
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The world’s biggest COVID-19 vaccine study got underway Monday with the first of 30,000 planned volunteers helping to test shots created by the U.S. government -- one of several candidates in the final stretch of the global vaccine race.
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| Durable good orders jumped 7.3% |
7/28/2020 |
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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.
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| FAA order airlines to inspect 737 engines |
7/28/2020 |
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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.
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| A lot of the lost jobs might never return |
7/27/2020 |
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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.
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| MIT builds robot to disinfect warehouse in 30 minutes |
7/27/2020 |
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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.
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| Tesla post a surprising $104 million profit regardless of shut down |
7/24/2020 |
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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.
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| Bloom and bust at North Dakota refinery |
7/23/2020 |
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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.
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