Ford Motor, SK Innovation team up for EV battery business: Report
May 20, 2021 07:46 am UTC| Business Economy
Ford Motor and SK Innovation are reportedly joining forces and will soon announce their electric vehicle battery joint venture in the U.S. This information was said to have been shared by two individuals who are familiar...
Pizza Hut adds Beyond Meat plant-based topping to its menu
May 20, 2021 06:48 am UTC| Business Economy
Pizza Hut and Beyond Meat teamed up again for another menu item that customers who prefer plant-based food will surely love. The new menu is set to be unveiled at the said pizza chain restaurant outlets in Canada. The...
Ford slashing production and closing plants as chip shortage continues
May 20, 2021 06:46 am UTC| Business Economy
Ford will be cutting its production and temporarily shutting down a number of its plants in the U.S. and Canada. The main reason for the move is the ongoing global chip shortage that apparently has yet to be...
Under Armour announces pay hike with $15 as the minimum wage
May 20, 2021 06:31 am UTC| Business Economy
Under Armour announced on Wednesday, May 19, that it will be raising its minimum wage rate from $10 to $15 an hour. The raise will take effect in the U.S. and Canada next month. Why UA is issuing a pay raise As per...
Naver, Shinsegae reportedly teaming up to buy eBay Korea
May 20, 2021 06:10 am UTC| Business Economy
Naver Corporation and Shinsegae are reportedly joining forces to acquire eBay Korea that was put up for sale earlier this year. It was said that the South Korean engineering and online portal firm headquartered in Seongnam...
Toyoda Gosei starts operating its 6th auto airbag plant in Mexico
May 20, 2021 04:04 am UTC| Economy
Toyoda Gosei Co Ltd has started producing automotive airbag parts at its newly-established plant in Mexico, the Monterrey Plant of Tapex Mexicana in Matamoros. The bags are manufactured mainly in Mexico and Vietnam for...
Boston Beer to explore opportunities in alcoholic cannabis beverages
May 20, 2021 02:12 am UTC| Economy Business
Boston Beer Co. is establishing an RD center in Canada for non-alcoholic cannabis products. Dave Burwick, CEO at Boston Beer, the brewer of Samuel Adams beer, said they want to be ready for future opportunities that...
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