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Tesla Chief Musk Willing to be Arrested as He Pushes to Reopen California Factory
Tesla Chief Musk Willing to be Arrested as He Pushes to Reopen California Factory
By Archer Savory on May 12, 2020
Tesla Chief Elon Musk Monday stated manufacturing was resuming at the EV manufacturer’s sole U.S. vehicle manufacturing unit, in California, defying an order to remain...
Andretti Eager to See Ferrari Join North American IndyCar Series
Andretti Eager to See Ferrari Join North American IndyCar Series
By Archer Savory on May 11, 2020
Motor racing god Mario Andretti would like to see Italian car manufacturer Ferrari be part of the North American Indycar series as a chassis and...
Uber Posts 14% Increase in Q1 Revenue
Uber Posts 14% Increase in Q1 Revenue
By Archer Savory on May 10, 2020
Uber Technologies' ride service bookings recovered in recent weeks as the company expects a coronavirus-related downturn will delay the objective of becoming profitable by a...
General Motor Awards Thermal Camera Contract to Flir Systems
General Motor Awards Thermal Camera Contract to Flir Systems
By Archer Savory on May 7, 2020
General Motors has tapped thermal camera manufacturer Flir Programs for scanners to detect fevers among employees when they return to GM’s factories, the companies announced...
DuPont Foretells Tough Q2 as Auto Sales Plunge Due to Coronavirus
DuPont Foretells Tough Q2 as Auto Sales Plunge Due to Coronavirus
By Archer Savory on May 6, 2020
Industrial materials manufacturer DuPont stated Tuesday its Q2 would be the “low point of the year as the COVID-19 pandemic pulls the brakes on global car...

Turkey Warns of Targeting Haftar’s Forces in Libya
Turkey Warns of Targeting Haftar’s Forces in Libya
By Morse Sage on May 12, 2020
Turkey stated Sunday it would deem the forces of Libyan General Khalifa Haftar “legitimate targets” if what it termed their attacks on its interests and...
Spanish A400M Atlas Get Hits By Bird While Touching Down
Spanish A400M Atlas Get Hits By Bird While Touching Down
By Morse Sage on May 11, 2020
Spanish Air Force A400M Atlas army transport plane suffered a bird strike while landing in Zaragoza. The bird-aircraft collision occurred when an A400M was performing...
Rafael Wins Israel Army’s Contract for FireFly Loitering Munition
Rafael Wins Israel Army’s Contract for FireFly Loitering Munition
By Laura James on May 8, 2020
Jointly built by Rafael and the IMOD, FireFly weighs 3 kg and supplies Behind-Cover Precision Attack Capabilities for the Dismounted Soldier, based on Gabriel Alberto...
CSIS Satellite Image Shows North Korea Building Missile Program Facility Near Pyongyang Airport
CSIS Satellite Image Shows North Korea Building Missile Program Facility Near Pyongyang Airport
By Morse Sage on May 6, 2020
A new facility close to Pyongyang International Airport is certainly linked to North Korea’s expanding ballistic missile program, based on a report from a Washington-based think-tank....
Photographer Spots Mystry Military Vehicle At General Dynamic’s Detroit Facility
Photographer Spots Mystry Military Vehicle At General Dynamic’s Detroit Facility
By Morse Sage on May 1, 2020
A mystery navy wheeled vehicle was noticed during a visit from Army Secretary Ryan McCarthy to the General Dynamics’s Detroit facility. A curious photo circulating...

Posts tagged as “U.K. Car Production Plunges”

U.K. Car Production Plunges at Quickest Rate Since 2008-09 Recession

U.K. Car Production Plunges at Quickest Rate Since 2008-09 Recession

U.K. Car Production Plunges at Quickest Rate Since 2008-09 Recession

By Archer Savory on January 30, 2020

British automotive production dropped in 2019 at the quickest rate since the 2008-9 recession, hit by slumping exports and diesel demand, as an industry body…

Oil Jumps As Saudi Arabia Moves to Deepen Output Cuts
Oil Jumps As Saudi Arabia Moves to Deepen Output Cuts
By Lori Roberts on May 12, 2020
Oil futures jumped Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen output reductions in June in an attempt to help drain the...
Chesapeake Contemplates Bankruptcy Filing After Oil Battle
Chesapeake Contemplates Bankruptcy Filing After Oil Battle
By Lori Roberts on May 12, 2020
Chesapeake Energy stated Monday it was unable to access financing and was contemplating a bankruptcy court shakeup of its more than $9 billion debt if oil...
Oil Again Plunges Amid Flooding Storage, Fears of Second COVID-19 Wave
Oil Again Plunges Amid Flooding Storage, Fears of Second COVID-19 Wave
By Lori Roberts on May 11, 2020
Oil costs plunged Monday as concern over a persistent excess and financial gloom brought on by the coronavirus pandemic combined to cancel out support from...
U.S. Oil and Gas Drillers to Cut Rigs to Eight Decades Low
U.S. Oil and Gas Drillers to Cut Rigs to Eight Decades Low
By Lori Roberts on May 8, 2020
The number of oil and gas rigs functioning in the U.S. is expected to reach an all-time low this week - mirroring data going back...
Oil Stands Firm as China Begins Consumption
Oil Stands Firm as China Begins Consumption
By Lori Roberts on May 7, 2020
Oil prices steadied Thursday as knowledge showed China’s crude imports rebounded, but market watchers expect gains to be limited by the excess in supplies as...

U.S. Auto Factory Staff Returns to Work Amid Resurgence of Coronavirus
U.S. Auto Factory Staff Returns to Work Amid Resurgence of Coronavirus
By Laura James on May 12, 2020
Manufacturing facility staff started returning to assembly lines in Michigan Monday, paving the way to reopen the U.S. auto industry but stoking fears of a...
Hope for Precision Fades Amid Pandemic Ambiguity in U.S.
Hope for Precision Fades Amid Pandemic Ambiguity in U.S.
By Laura James on May 11, 2020
Central bankers who've spent a generation researching how their words impact the economy and honing the craft of forwarding guidance are now effectively tongue-tied by a...
White House Senators Discussing More Coronavirus Relief as Unemployment Rate Worsens
White House Senators Discussing More Coronavirus Relief as Unemployment Rate Worsens
By Laura James on May 11, 2020
The White House has started informal discussions with Republicans and Democrats in Congress about what to include in another round of coronavirus relief laws, officers...
U.S., China Trade Delegates Agree on Creating Favorable Trade Atmosphere
U.S., China Trade Delegates Agree on Creating Favorable Trade Atmosphere
By Laura James on May 8, 2020
Top U.S. and Chinese trade executives discussed their Phase 1 trade settlement on Friday with China, saying they decided to improve the atmosphere for its implementation...
U.S. Jobless Claims Inflating as Coronavirus Sickens Jobs
U.S. Jobless Claims Inflating as Coronavirus Sickens Jobs
By Laura James on May 7, 2020
Millions of Americans likely sought jobless benefits last week, suggesting a broadening of layoffs from consumer-facing industries to other segments of the economic system and will stay...