In light of the COVID-19 outbreak and the necessities of social distancing, the American Truck Historical Society has decided to move its annual National Convention and Antique Truck Show online. ...
Panasonic Corp's (OTC: PCRFF) CFO, speaking at an earnings briefing Monday, said the company is seeing "strong demand" for Tesla Inc (NASDAQ: TSLA) battery cells and is in talks to expand the Nevada Gigafactory, according to Reuters.Since 2014, Panasonic and Tesla have had an agreement that lays out their cooperation on a large-scale battery manufacturing plant known as the Gigafactory.Yet this relationship has been deteriorating over the past few years, with Tesla moving to make its own batteries, according to Electrek."We are seeing strong demand from Tesla" beyond the Nevada plant's capacity of 35 gigawatt hours per year, said Panasonic CFO Hirokazu Umeda, adding that Panasonic is "in discussions right now" about expanding the plant's capacity.The production at the Nevada gigafactory has resumed after a shutdown due to the coronavirus.Tesla also restarted production at its Fremont, California factory late last week after CEO Elon Musk defied local orders.Tesla's stock was up...
(Bloomberg Opinion) -- Throughout the pandemic, euro zone governments have lagged behind the European Central Bank in charting a path out of the economic crisis. Germany and France have suddenly decided they want to lead the way.Chancellor Angela Merkel and President Emmanuel Macron have tabled a joint plan that includes, among other items, a shared 500 billion-euro ($543 billion) “recovery fund” for the EU. Berlin and Paris are front-running the European Commission, which is meant to present its own proposal for the fund next week. The two leaders are sending a clear signal to the more hawkish euro area members — such as the Netherlands and Austria — that the worst-affected nations need more than financial wizardry to get through this emergency.The Franco-German proposal would see the Commission raising the money on the financial markets and then distributing it in the form of grants. This would be a remarkable change for the EU, whose...
Professor of Medicine at Yale and Director of The Yale New Haven Hospital Center for Outcomes Research and Evaluation Dr. Harlan Krumholz joins Yahoo Finance’s Seana Smith to discuss Moderna’s recent headway in an early-stage coronavirus vaccine trial....
Professor of Medicine at Yale and Director of The Yale New Haven Hospital Center for Outcomes Research and Evaluation Dr. Harlan Krumholz joins Yahoo Finance’s Seana Smith to discuss Moderna’s recent headway in early-stage coronavirus vaccine trial....
