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Ford is accelerating its push into electric vehicles.The U.S. carmaker and its Korean battery partner - SK Innovation - are investing $11.4 billion on a new factory and three battery plants in the U.S..Monday's announcement is the single largest manufacturing investment in Ford's 118-year history, as it aims for around half of its global vehicle volume to be electric by 2030.The automaker's portion of the investment is $7 billion, with SK covering the rest.Some 11,000 new jobs will be created at the sites planned for Stanton, Tennessee, Glendale and Kentucky.Ford is America's second-largest car company and the move is a major step in a wider push by automakers looking to roll out EVs while China and Europe seek to reduce vehicle emissions.Ford North American Chief Operating Officer Lisa Drake told Reuters:"For us, this is a very transformative point where we are putting our capital in place now in a very big way to lead the transition to EVs."The company plans to launch the electric F-150 Lightning pickup truck next spring.
SUPPORT the development of the creative entertainment sector so it could achieve P500 million annual revenue in the next two years and P30 billion by 2030.This was the call to action by the Cebu Chamber
There are few casting decisions as hotly anticipated as the question of who will be the next 007, with many expecting that a black Bond or even female Bond is on the cards.
The ramen experts are taking their beloved bowls on wheels. This article, Missing Mendokoro or Yushoken? Get your ramen fix through their food truck, originally appeared on Coconuts, Asia's leading alternative media company.
In their first public testimony since the U.S. completed its withdrawal from Afghanistan, top Pentagon leaders will face sharp questions in Congress about the chaotic pullout and the Taliban's rapid takeover of the country. Republicans in particular have intensified their attacks on President Joe Biden’s decision to pull all troops out of Afghanistan by Aug. 30, saying it left the U.S. more vulnerable to terrorism. Defense Secretary Lloyd Austin and Gen. Mark Milley, chairman of the Joint Chiefs of Staff, are slated to testify Tuesday in front of the Senate Armed Services Committee and then on Wednesday before the House Armed Services Committee.
The drama and deadlines driving action on Capitol Hill right now can be disorienting. Democrats are trying to pass more than $4 trillion in infrastructure and social programs at the center of President Joe Biden’s agenda — and at the same time avert a government shutdown and prevent a federal default that could send financial markets crashing. “The next few days will be a time of intensity,” House Speaker Nancy Pelosi wrote in a letter to colleagues over the weekend.
After 15 years playing the legendary British spy James Bond, Daniel Craig is making way for a new generation of actors following his fifth 007 film, "No Time To Die", which has its world premiere in London on Tuesday.
The Daily Stormer website advocates for the purity of the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated murders. It has also made its founder, Andrew Anglin, a millionaire. Anglin has tapped a worldwide network of supporters to take in at least 112 Bitcoin since January 2017 — worth $4.8 million at today’s exchange rate — according to data shared with The Associated Press.
In its efforts to broaden the range of activities and programming, the Busan International Film Festival has opened its doors to domination by Korean TV and streaming content. The third edition of its Asia Contents Awards see Korean shows “Move To Heaven,” “Sweet Home,” and “Vincenzo” head the nominations list. Netflix, which has become a […]
China's Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd's WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other's services and links. Local tech blog 36Kr reported on Tuesday that users of Alibaba's food delivery app Ele.me, luxury goods app Kaola and e-book app Shuqi can now purchase goods via WeChat Pay, one of China's most popular online payment options. Alibaba's used-goods marketplace app Xianyu and supermarket app Freshippo have also applied for WeChat Pay integration, the tech blog said.
Unless you've been in a cave over the last week, you've likely read a review or some discussion about The Contrarian, a new book about billionaire investor Peter Thiel by longtime Bloomberg Businessweek features editor and tech reporter Max Chafkin. Thiel has become an important figure in America over the last 15 years, and Chafkin is an engrossing storyteller who poured 15 years of reporting into the book and who leaned on relationships with "hundreds of sources," he writes in its acknowledgements. To learn more, we talked with Chafkin last week in what proved to be a lively discussion that covered how much Thiel (who talked with Chafkin off the record) revealed of his personal life; why the "Trump thing was partly ideological, but it was partly a trade -- an insight that Trump was undervalued," says Chafkin; and why Thiel's beliefs are "extremely inconsistent," according to Chafkin's reporting.
Chinese automaker Zhejiang Geely Holding said on Tuesday its founder, Eric Li, has launched a new company dedicated to making smartphones. The new company, called Hubei Xingji Shidai Technology Co Ltd, has signed a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone to establish its headquarters in the central Chinese city where it will develop smart devices including smartphones, according to Geely. In a statement, Geely said that Xingji Shidai will position itself in the premium segment of the smartphone market.
The Manning Boys are at it again.
THE Consolacion Police Station arrested 44 individuals for various violations and crimes during its “synchronized anti-criminality and law enforcement operations” (SACLEO) on Saturday, September 25,
Nuclear-armed North Korea fired what appeared to be a short-range missile into the sea on Tuesday, the South's military said, as Pyongyang's UN ambassador insisted it had an undeniable right to test its weapons.
Celebrities and royals walk the red carpet in central London on Tuesday for the much-delayed world premiere of the latest James Bond film, "No Time To Die".
The collection features images of five sculptures by Jeff Koons including Rabbit and Balloon Dog (Orange). Get a sneak-peek into the collaboration!
“Gensan Punch,” the upcoming film by celebrated Filipino director Brillante Mendoza (“Kinatay,” “Ma’ Rosa,” “Alpha: The Right To Kill”), has been set as an HBO Asia Original movie. It will become available on regional streaming service HBO Go in the next few months. Ahead of that, the film will have its world premiere next month […]
A promising rookie QB class is off to a terrible start.
The first two episodes of Thai language series “Forbidden” have been selected to premiere as part of the Busan International Film Festival’s new On Screen section. The supernatural thriller is targeted at young adults. It is produced as an eight-part HBO Asia Original and will pay on regional streaming service HBO Go and HBO later […]