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Tesla Postpones Production Of Cybertruck, Plans Manufacturing In Early 2023: Reuters

According to a report published by the news agency Reuters, US-based electric car maker  Tesla Inc intends to begin initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023.   This is a postponement of its initial plans of starting production of the...

Pfizer Will Reduce U.S. Sales Staff As It Expects Healthcare Providers Want Virtual Meetings

Since it expects doctors and other healthcare providers to want to have lesser instances of face to face interactions with people from the sales department of companies after the end of the Covid-19 pandemic and therefore the drugmaker Pfizer Inc would be cutting down on its sales staff in the...

Mercedes-Benz EQS Electric Luxury Sedan Will Now Be Assembled In India

The luxury car maker Mercedes-Benz wants to start manufacturing its EQS electric sedan locally in India some time this year. This is a part of a larger effort to electrify its portfolio in Asia, according to the president of the company's Indian unit.   Mercedes aims to begin selling the...

Tesla Secures First US Nickel Supply With A Deal With Talon Metals

Tesla Inc has inked its first deal for ensuring the supply of nickel in the United States, opting for Talon Metals Corp's Tamarack mining project in Minnesota because of its ambitions to manufacture the electric vehicle battery metal in a more environmentally friendly manner.   The...

Merck Says Its Covid-19 Pill Molnupiravir Will Be Workable Against The Omicron Variant

According to an executive of Merck, the Covid-19 oral pill of the company called molnupiravir is able to perform in a manner of action that can work against the Omicron variant of the coronavirus variant as well as any other variant of the virus.   "We're very confident that it will affect...

Toshiba’s Second-Largest Shareholder Calls For Early EGM To Vote On Break-Up Plan

Toshiba Corp's second-largest shareholder gave a call for an emergency general meeting on Thursday, attempting to force the corporation to secure two-thirds backing for a three-way separation plan that has enraged several significant overseas owners.   The plan by 3D Investment...

Toyota Overtakes GM As The Top Auto Seller In US, A Spot Held By GM For Almost A Century

The United States based auto giant General Motors Co has been dethroned as the largest auto seller in the country by Japanese automaker Toyota Motor Corp in 2021 as Toyota sold more vehicles in the year. This is the first time that such a thing has happened since the Detroit automaker has become...

Despite Chip Shortage Supply Chain Issues Tesla Reports Record Q4 Deliveries

Tesla Inc announced record delivery of its electric cars for its latest completed quarter, which was well above Wall Street expectations as the company successfully fended off global chip shortages while ramping up manufacturing in China.   This also marked the sixth consecutive...

US Request For Delay In 5G Deployment Rejected By CEOs Of AT&T And Verizon

AT&T and Verizon Communications CEOs rebuffed a plea to postpone the scheduled Jan. 5 launch of the new 5G wireless service due to aviation safety problems but pledged to implement new measures in the interim.   US Transportation Secretary Pete Buttigieg and FAA Administrator Steve...

Hong Kong Clampdown On Covid Prompts Cathay Pacific To Cut Flights

Cathay Pacific has confirmed urgent flight schedule reductions, including the cancellation of passenger and cargo services to and from Hong Kong. The airline did not say how many flights would be canceled, but it did say that in January it will operate a skeleton passenger schedule. It follows...

Cramped Living Quarters And Rotten Food Prompt Women To Force Change At Indian iPhone Factory

Women who built iPhones at a Foxconn plant in southern India had to put up with overcrowded dorms that did not have flush toilets and food that was occasionally crawling with worms in exchange for a wage.   When poisoned food caused illnesses to over 250 workers, their rage swelled...

$100m Settlement In Discrimination Case Agreed To By Riot Games

Riot Games, well known for League of Legends, has agreed to pay $100 million for the settlement of a gender discrimination class-action lawsuit filed against it in 2018.   California's Department of Fair Employment & Housing (DFEH) wrote that the settlement will "remedy...
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