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April 14, 2021

supply

Samsung SDI to supply battery cells to EV startup Rivian

Reuters
FILE PHOTO: The logo for electric vehicle startup Rivian is seen on the hood of its new R1T all-electric truck in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino (Reuters) – Electric vehicle startup Rivian, backed by Amazon.com Inc and Ford Motor Co, said on Monday that South Korean......

Police Shooting Amid Chauvin Trial, Vaccine Supply, Biden Semiconductors : Up First

NPR
NPR There is fresh outrage over the killing of another black man in a suburb of Minneapolis just miles from the courtroom where former officer Derek Chauvin is on trial for the murder of George Floyd. There are vaccine shortages in some states where cases are rising. And, the Biden......

Plunging Johnson & Johnson Vaccine Supply Dents State Inoculation Efforts

New York Times
“The last thing we wanted to hear about was we’re getting less vaccines,” Gov. Larry Hogan of Maryland, a Republican, told reporters Friday. “We were hoping to ramp up as they’ve been promising.” In a statement, Gov. Andrew M. Cuomo of New York, a Democrat, said, “We will not be......

White House set to host Google, Intel CEOs to discuss computer chip supply chain

CNBC
CNBC – For more and to sign up click here President Joe Biden holds a chip as he speaks prior to signing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. Jonathan Ernst |......

March delivery surge pushes Airbus jet supply higher in first quarter

Reuters
FILE PHOTO: An unmarked A320-214SL Airbus plane is seen on the tarmac at the Airbus factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase......

South Korea’s SK Hynix near deal to supply auto chips to Germany’s Bosch – media

Reuters
FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – SK Hynix Inc, the world’s second-largest memory chip maker, is close to signing a long-term deal to provide automotive memory chips to German auto supplier......

Intel CEO to attend Biden meeting on chip supply chain

Reuters
FILE PHOTO: VMware CEO Pat Gelsinger poses in an undated photo. Courtesy VMware/Handout via REUTERS/File Photo (Reuters) – Intel Corp Chief Executive Officer Pat Gelsinger will virtually attend a meeting being put together by President Joe Biden’s administration for April 12 to discuss the semiconductor supply chain issues disrupting U.S.......

White House studying supply chain ‘stress tests’ after semiconductor shortages, sources say 

CNBC
CNBC – For more and to sign up click here President Joe Biden holds a chip as he speaks prior to signing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. Jonathan Ernst |......

Biden’s Infrastructure Plan, J&J Vaccine Supply, ICE Detention Beds : Up First

NPR
NPR President Biden plans to pay for his $2 trillion dollar infrastructure bill by raising taxes on corporations. The FDA is investigating the contamination of a large amount of a main ingredient in the Johnson and Johnson shot. And, the government is paying tens of millions of dollars a month......

Pending home sales fell over 10% in February, as record low supply stifles the housing market

CNBC Real Estate
A sale pending sign is posted in front of a home for sale on July 17, 2014 in San Francisco, California. Justin Sullivan | Getty Images The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home......

Egypt’s Sisi says response will be felt if water supply affected by dam

Reuters
FILE PHOTO: Ethiopia’s Grand Renaissance Dam is seen as it undergoes construction work on the river Nile in Guba Woreda, Benishangul Gumuz Region, Ethiopia September 26, 2019. REUTERS/Tiksa Negeri CAIRO (Reuters) – Egypt’s President Abdel Fattah al-Sisi said on Tuesday that there would be severe regional consequences if Egypt’s water......

China’s industry ministry holds meeting on auto display screen supply shortage

Reuters
BEIJING (Reuters) – China’s industry ministry said on Tuesday it had urged automakers and display screen makers to strengthen coordination to ease tight supply of auto display screens. The Ministry of Industry and Information Technology said on its website it had discussed the issue with company representatives at a meeting......

The ship that blocked the Suez Canal may be free, but experts warn the supply chain impact could last months

CNBC
CNBC – For more and to sign up click here A view shows the container ship Ever Given, one of the world’s largest container ships, after it was partially refloated, in Suez Canal, Egypt March 29, 2021. Suez Canal Authority | Reuters The Ever Given was pulled free from the......

Op-Ed: Suez Canal shutdown highlights another weak link in global supply chain

CNBC
CNBC – For more and to sign up click here Stranded container ship Ever Given, one of the world’s largest container ships, is seen after it ran aground, in Suez Canal, Egypt March 26, 2021. Suez Canal Authority | Reuters The massive Ever Given container ship, stuck in the Suez......

UK will have vaccine supply to meet targets, minister says

Reuters
LONDON (Reuters) – Britain has secured sufficient COVID-19 vaccine supplies to meet its targets of giving a shot to all over 50s and vulnerable people by the middle of next month and all adults by the end of July, Housing Secretary Robert Jenrick said on Friday. “We do have enough......

Supply Isn’t the Only Thing Stymying Europe’s Vaccine Rollout

New York Times
New York Times – For more and to sign up click here On Wednesday, Mr. Draghi said that differing approaches by the regions to vaccinating people over the age of 80 was unacceptable, adding that some “neglect their elderly to favor groups who claim priority based probably on some contractual......

Existing home sales fell sharply in February, as supply dropped by the largest amount on record

CNBC Real Estate
Single-family homes are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California. Bing Guan | Bloomberg | Getty Images Closed sales of existing homes in February dropped a larger-than-expected 6.6% compared with January, according to the National Association of Realtors. That put them at......

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