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| Oil and Gas companies continue to fall |
8/25/2020 |
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Law firm Haynes and Boone counted nearly 500 bankruptcies among oil and gas companies since 2015, with 60 so far this year, and 18 filings in July alone.
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| There is not enough laptops for back-to-school |
8/25/2020 |
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The world’s three biggest computer companies, Lenovo, HP and Dell, have told school districts they have a shortage of nearly 5 million laptops, in some cases exacerbated by Trump administration sanctions on Chinese suppliers.
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| DRAM Capex fall for being cautious on coming market |
8/24/2020 |
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Samsung, SK Hynix and Micron Technology - are expected to make further cuts in their DRAM capital spending in 2020 as most new facilities and upgrades to current fabs are in place to handle near-term demand, IC Insights indicated. Samsung's DRAM capital expenditure budget will decline 21% to US$4.9 billion this year, while SK Hynix will trim its DRAM capex budget 38% to US$4 billion. Micron is expected to cut its DRAM capex by 16% this year to US$3.6 billion.
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| China test vaccine on its Overseas mine workers |
8/24/2020 |
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Papua New Guinea blocked the arrival of a flight carrying workers from China after a Chinese mine operator said its employees were given a coronavirus vaccine in a possible unauthorized trial.
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| Future of 3D printing/additive manufacturing |
8/21/2020 |
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3D printing/additive manufacturing (AM), including the possibilities around virtual inventories and on-demand manufacturing. These advantages can deliver cost-savings, increased responsiveness and flexibility to customers, without the need for huge investments.
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| Apple to hit 2 Trillion capital value |
8/20/2020 |
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The company's hugely loyal customer base trusts its products so much that they continued to buy iPhones and other devices online while stuck at home. Apple recently reported blowout earnings for the April-June quarter,
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| U.S. futher tighten restrictions on Huawei |
8/19/2020 |
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The US Commerce Department on Monday announced fresh sanctions that restrict any foreign semiconductor company from selling chips developed or produced using US software or technology to Huawei, without first obtaining a license to do so.
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| Smartphone can tell if you were drunk |
8/19/2020 |
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About 90 percent of the time, the researchers were able to use changes in gait to identify when participants' breath alcohol concentration exceeded .08 percent, the legal limit for driving in the United States.
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| Pandemic drive HomeDepot business up |
8/19/2020 |
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At Home Depot stores open at least a year, sales surged an remarkable 25% in the U.S. during the second quarter, the Atlanta company reported.
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| U.S. productivity rose at a 7.3% rate record |
8/17/2020 |
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The Labor Department report Friday is its first estimate of second-quarter productivity and follows the first quarter’s 0.3% decline. Labor costs rose again in the second quarter after rising at a 9.8% rate in the January-March quarter. It's the biggest jump in labor costs since 2014.
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| Foxconn has not fulfilled its promise to the University of Wisconsin |
8/17/2020 |
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In August 2018, Foxconn committed $100 million to the university to help fund an engineering building and for company-related research. It gave the school $700,000 in the first year of a 5-year agreement and records show the school has received no additional money over the past year.
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