A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America. The venture announced Tuesday plans to spend more than $2.5 billion (roughly Rs. 19,400 crore) on the plant in Kokomo that [...]
June 1, 2022
Loknath Das
Technology
In 2012, the emblematic podcast This American Life did a special on politics in Afghanistan. They noted that in order to be a politician in Afghanistan, one needs to command a personal armed militia. That’s how politics is practiced in a fragmented country with a long history of violence, and without a stable, credible centralized authority. In [...]
September 25, 2019
Loknath Das
Business
Arare thing happened in an industrial park near Washington, dc,last November. Construction began on a $3bn extension to a semiconductor foundry owned by Micron Technologies, a maker of advanced memory chips, based in Idaho. “A few years ago, opening that sort of extension would have people saying, well, that is going to be moving to China soon, [...]
May 18, 2019
Loknath Das
Technology
Nicolo Filippo | Bloomberg | Getty Images An airplane sits at the Avianca Holdings SA Maintenance, Repair and Overhaul (MRO) Aeronautical Center in Rionegro, Colombia on Tuesday, Nov. 7, 2017. Avianca Holdings SA reported a net income of $36.1 million USD in the third quarter despite a pilot strike that lasted for almost two months. [...]
December 2, 2018
Loknath Das
Education
A landmark report released Thursday by U.S. Surgeon General Vivek Murthy places drug and alcohol addiction alongside smoking, AIDS and other public health crises of the past half-century, calling the current epidemic “a moral test for America.” “The reason I’m issuing this report is I want to call our country to action around what has [...]
November 17, 2016
Saheli
Health
The Bitwage Invoicing service is built on a simple idea, use bitcoin instead of legacy international payments. Using the service, Brazilian contractors and freelancers can now get paid in a range of foreign currencies, and receive Brazilian real into their local bank account. Bitwage provides a domestic bank account for each of the 30+ supported [...]
August 6, 2016
Saheli
Real Estate
Drug shortages stay a problem in the u.s. despite government rules intended to reinforce availability, a new have a look at finds. greater than 1/2 of recent shortages involved acute-care pills used to treat severely sick sufferers in hospitals and emergency departments, in keeping with researchers at Yale college, in New Haven, Conn. those drugs [...]
May 8, 2016
Saheli
Health
Bank of America Corp, the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit as concerns about a global economic slowdown and uncertainty about the pace of U.S. interest rate increases dampened bond and stock trading. Net income attributable to common shareholders fell to $2.22 billion, or 21 cents per [...]
April 14, 2016
Saheli
Business