“We do not even think about” the decline in the purchasing power of the dollar – and therefore the purchasing power of labor. By Wolf Richter for WOLFSTREET. A supply shock and a demand shock came together during the Pandemic, and it produced chaos in the price environment. There was …
Read More »Indian medicine maker Biological E. To make substance used in J & J’s potential COVID-19 vaccine
BENGALURU – Indian drug maker Biological E. Ltd will begin manufacturing a medical substance used in Johnson & Johnson’s COVID-19 vaccine candidate that is in early to mid-stage trials, the companies said on Thursday. J&J intends to produce more than 1 billion doses of its vaccine candidate, and has struck …
Read More »US Postal Service to award $ 6.3B contract for new postal truck this year. See the finalists
Lordstown, Ohio, Mayor Arno Hill discusses GMs selling their Lordstown plant to an electric truck startup and what the move means for jobs in his city, such as President Trump’s popularity among Lordstown residents. Their delivery may be a little late, but the new post trucks are almost here. The …
Read More »The world’s first entry home is in Tokyo. And it’s terrible
Tokyo (CNN) – We can all agree that crying is a pivotal part of a great haunted house experience. But at a time when exhalation is being discouraged by the Covid-19 pandemic, a Japanese company has created an attraction that follows guidelines for social distancing and yet remains absolutely horrific …
Read More »Huawei’s smartphone company is in jeopardy after US cut access to advanced chips
All that is now in danger after the latest US sanctions on the Chinese tech champion. Consumers around the world have already left the market because the phones no longer come with some popular American apps. Now, a blow to its hardware supply chain is bringing its advantage in the …
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