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...Allan Swan, president of Panasonic Energy of North America, said the company was committed to building out a North American supply chain to “maintain stable sourcing” and “manage ongoing global logistics...
...Allan Swan, president of Panasonic Energy of North America, told Nikkei on the sidelines of CES that the Tesla supplier still needs “more plants” to reach its goal of increasing annual production capacity...
...The unit accounts for about 15 per cent of Panasonic’s sales for the latest fiscal year....
...The downgrade by Panasonic, which lowered its full-year operating profit forecast for its battery unit to ¥115bn ($771mn) from ¥135bn, was spurred by slowing demand in North America for Tesla EVs, which...
...Charts are conservative on purpose; the Corps of Engineers report says that the channel is dredged to a depth of 45 feet....
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...The second, more important, point is that Manulife’s move shows that some players are finally getting more honest about America’s commercial real estate pain. This is welcome — and belated....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...There is plenty of room for growth. Pedal to the metal please, Panasonic....
...PayPal, Coty, News Corp and Mattel will post their earnings after the market closes. Fedspeak: US Federal Reserve governors Adriana Kugler and Michelle Bowman will make separate appearances....
...It would also add about 3,000 jobs to the site it calls the “epicentre of lithium-ion battery production in North America”, bringing the total to more than 5,000....
...And the actor, naturally, was the United States of America....
...Companies that are 25 per cent or more owned by Chinese, Russian, North Korean or Iranian entities will be ineligible for US incentives like tax breaks and grants under the Inflation Reduction Act (IRA)....
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
...Fedspeak: Federal Reserve board governor Christopher Waller will deliver remarks about the economic outlook to the Economic Club of New York....
...FTX: Sam Bankman-Fried, founder of cryptocurrency exchange FTX, is scheduled to be sentenced at a Manhattan federal court. He was convicted of fraud and money laundering late last year....
...Kusumi has pushed Panasonic’s so-called “green impact” initiatives to the forefront of its growth ambitions, often invoking founder Konosuke Matsushita’s words that the company is “a public institution of...
...In 2016, the Army Corps of Engineers concluded that it was not cost-effective to build flood walls, levies and pump stations to protect Manville....
...US Supreme Court: America’s highest court will hear oral arguments on the abortion pill, which could limit access to the medication less than two years after Roe Vs Wade was overturned....
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...The Japanese company is considering the possibility of a third US factory in addition to a second site it is building in Kansas. “They [Panasonic] don’t have to cut back. They have to scale up....
...“[Guyana] was one of the most successful deepwater developments in the history of the industry....
...Biden said the US Army Corps of Engineers would work swiftly to clear the channel and allow the port to reopen to ships....
...“Some models have been delayed, largely out of North America, which is pushing out the length of time of penetration [of EVs] in the US,” said Norris, adding that “potentially in parts of Europe” the shift...
...of Hess would not close....
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