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CHINA-ECONOMY-AUTOMOBILE

US Automakers Brace for Impact of Cheaper Chinese EVs from Mexico

Cheap Chinese electric vehicles potentially entering the US market via Mexico have sparked profitability concerns among US automakers and policymakers.


Hollywood Workers Union Secures Wage Hike, AI Protections in New Three-Year Deal With Top Studios

The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.

South Korea Offers Cash Incentives for Dating and Marriage to Boost Birth Rates

Busan’s Saha District in South Korea is launching a pilot program to address its low birth rates. The program will offer financial incentives of up to 500,000 won ($360) for dating and 20 million won ($14,400) upon marriage.

American Electric Power Names Bill Fehrman as New CEO

American Electric Power has named Bill Fehrman its new chief executive officer. American Electric Power (AEP) has named Bill Fehrman its new chief executive officer, effective August 1, 2024.


Latest News

NASA Picks SpaceX to Send ISS to Watery Grave Upon Retirement in 2030
NASA selected SpaceX as the provider of a deorbit vehicle that would control the International Space Station’s reentry into the Earth’s atmosphere upon its retirement in 2030.
Adidas Employees Exit Amid Corruption Probe in China
Two Adidas employees have resigned amid an ongoing investigation into corruption allegations in China, where the company is scrutinizing claims of embezzlement and kickbacks by its executives.
Tesla Ordered to Address Toxic Emissions After 100+ Violations at Fremont Plant
Tesla must address air quality issues at its Fremont manufacturing facility after the Bay Area Air Quality Management District cited it for over 100 violations related to toxic emissions, mandating an abatement order and a plan to rectify the problem.
Southwest Airlines
Southwest Airlines predicts a reduction of 4% to 4.5% in revenue per available seat mile due to changing booking demand.
US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
cars
New vehicle sales in the US are expected to be lower this month due to the CDK Global outage, which affected dealerships nationwide.
SCOTUS Trashes Lawsuit vs. Biden Administration’s Social Media Censorship
In a 6-3 vote, the US Supreme Court dismissed a lawsuit seeking to restrict the federal government’s ability to communicate with social media firms like Google, Meta, and Twitter/X about content moderation.
Boeing 787
Richard Cuevas, the mechanic who repaired 787 jets for Boeing supplier Spirit AeroSystems in Everett, filed complaints with authorities after observing poor work and was fired for reporting the problems.
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Jana Brewer
XO Aesthetic Refinery by Jana Brewer is at the forefront and a leader in the sector, ensuring expert treatment while providing exceptional education.
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