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Ford Set to Challenge Tesla and GM with New Electric Pickup

Across the auto manufacturing industry, companies are preparing to take on Tesla in the all-electric vehicle market. Tesla, known for its all-electric sedans, is also branching out into the truck market with its new Cybertruck pickup model. However, Ford is aiming to set its own offering apart from the rest by sticking closer to its roots. Earlier in June, Ford announced that they would have ...

SpaceX Aims to Expand Starlink Network to Landing Ships

While SpaceX has been conducting launches for private and government contracts, they have also been focusing on their own endeavors. In particular, the company has steadily been launching Starlink satellites to build up their new network. Now, they’re trying to further expand testing of their network, starting with their own fleet of vehicles. On Tuesday, the company asked the Federal ...

Weekly Wrap Up For September 18th, 2020

 Norbert Ore, Director of Industry surveys for Strategas Securities LLP discusses purchasing conditions in Europe, Asia, South America, and areas of the U.S. that reflect a fairly positive restart, at least for the U.S. economy. Mask Manufacturing Tightens Due to Material Shortage With many states experiencing a rise in Covid-19 cases, medical masks are seeing their demand ...

Oil Prices Drop Again Over Demand Fears

Oil prices have had a rather shaky year so far. The combination of the Covid-19 pandemic and the past trade disputes between OPEC and Russia caused prices to drop to decade lows, before slowly beginning to recover. Now, prices have seen another drop as concerns over demand flare up once more. On Tuesday, West Texas Intermediate crude slipped by 7.06%, or $3.01, to eventually settle at $36.76 ...

Mask Manufacturing Tightens Due to Material Shortage

With many states experiencing a rise in Covid-19 cases, medical masks are seeing their demand rise to even higher levels than before. However, many of those working in hospitals and other healthcare facilities are concerned that these crucial masks will not be readily available due to a shortage in key materials. The issues facing mask manufacturing facilities are similar to those seen when ...

Weekly Wrap Up For September 11th, 2020

 Dallas Crawford, Advanced Analytics Executive wth QueBIT explains how manufacturers can tighten up on their pricing inputs to learn where the opportunities are to lower costs and compete better on price. Ford Offers Buyouts as Part of Streamlining Process As part of their continued efforts to offset the impact of the COVID-19 virus and its effect on their business, Ford is prepar...

OU Global Risks & Threats Series Leadership Forum Fourth Session: Reshaping The Healthcare Business (September 19)

The University of Oklahoma is launching the fourth session of a four-part Global Risks & Threats Series (GRTS) Leadership Forum on Saturday, September 19th, with leaders from the Intelligence, Finance, Law Enforcement, Corporate and Cyber sectors. OU GRTS is a collaborative effort between the Michael F. Price College of Business and the OU Center for Intelligence and National Security—an ...

SpaceX Completes Second Successful Test Flight in Under a Month

SpaceX has seen a lot of success this year, with the most notable example being the company’s successful launch of two American astronauts to the International Space Station back in May. On the heels of the successful and historic event, SpaceX would go on to secure a lucrative contract from the U.S. Air Force extending well into the 2020s. Now, the success continues after another important ...

Ford Offers Buyouts as Part of Streamlining Process

As part of their continued efforts to offset the impact of the COVID-19 virus and its effect on their business, Ford is preparing to offer buyouts to white-collar workers in an attempt to streamline their operations. Last week the company told their employees about their intentions to offer buyouts to some salaried workers via an internal memo. In particular, salaried employees who would be ...

NJMEP Receives Extraordinary Results from Impact Survey

Cedar Knolls, New Jersey – September 3, 2020 – The New Jersey Manufacturing Extension Program, Inc. (NJMEP) announces that its total impact to manufacturers over the 1st six months of 2020 is $345,920,685. NJMEP has worked with clients and secured a strong return on investment of 30:1 in the first half of 2020. Over the first 6 months of 2020, manufacturers reported: over $245 ...