24/02/2023

business
This week Ford dropped 10% in market value. Ford is now worth $32 billion. This is about one-fourth of the peak value around 2000. Ford automotive revenues missed analysts’ estimates and fell 5.2% to $36.7 billion for the fourth quarter …
China is putting $174 billion into the financial markets to prevent financial disruptions related to the coronavirus. China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on …
GE Hitachi Nuclear Energy (GEH) has officially started the regulatory licensing process for its BWRX-300 reactor design. On 30 December, the company submitted the first licensing topical report for the small modular reactor to the US Nuclear Regulatory Commission (NRC). …
Researchers at Kyushu University have developed highly efficient amino acid synthesis from biomass-derivable acids and water using electric energy. Amino acids are the basic building blocks of proteins and are also involved in various functional materials such as feed additives, …
Nextbigfuture has covered the massive amounts of problems with the F-35 Stealth fighters. There will be trillions of dollars wasted on 2000-3000 F-35 jets. This is not a blogger griping about some perceived issues. This is early release information from …
Boeing now hopes to have permission to fly the 737 Max in mid-2020. Boeing will likely be losing about $1 billion every quarter until it the Max is permitted to fly and for Boeing to be allowed to sell the …
Boeing canceled a vertical takeoff, horizontal landing (VTHL) rocket called the Phantom Express. It was going to be 100 feet (30 m) tall and have a 62 foot (19 m) wingspan. The Phantom express would use an Aerojet Rocketdyne AR-22 …
Technology stocks and stocks, in general, are continuing to surge. Tesla continues its big move and is up almost $50 to $525 which pushes its overall market cap to $91 billion. Tesla can conceivably be profitable for the full year …
Nextbigfuture has been saying that Tesla is a huge winner even before the recent surge in its stock price. This article is mostly from a newsletter that I sent out yesterday. Tesla is clearly on track for a successful ramp …
Boeing just had another failure with the Starliner crew capsule and the rocket launching it. They failed to have a correct orbital burn and the mission failed. Boeing has had huge problems with the 737 Max. These problems can all …