The question of whether Lincoln will ever return to producing passenger cars, rather than solely SUVs, continues to be a popular topic of discussion in the American automotive industry. While it’s clear that Ford Motor Company has largely abandoned passenger cars in North America, with the Mustang being the sole exception, it’s unfortunate to see Lincoln follow suit. As a premium brand, Lincoln’s focus on crossovers and SUVs seems counterintuitive. In contrast, Cadillac maintains a diverse lineup, including both compact and large sedans, as well as the exclusive Celestiq flagship. The digital world of automotive design has been filled with…
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SAN DIEGO – Capricor Therapeutics (NASDAQ: NASDAQ:), a biotechnology company focused on the development of cell and exosome-based therapeutics for rare diseases, announced it will host an investor webcast on Tuesday to discuss recent regulatory developments concerning its Duchenne muscular dystrophy (DMD) program. The webcast, scheduled for 8:30 a.m. ET, follows the company’s recent interactions with the U.S. Food and Drug Administration (FDA). During the session, Capricor aims to provide updates on its lead product candidate, deramiocel (CAP-1002), which is currently in Phase 3 clinical development for DMD treatment. Deramiocel is an allogeneic cardiac-derived cell therapy that has shown immunomodulatory,…
Researchers have discovered a way to purify rare-earth minerals from discarded gadgets with a chemical compound normally used in medicine. They claim their method offers multiple benefits for the environment.Rare-earth minerals, also known as rare-earth metals or rare-earth elements (REEs), include materials such as europium, yttrium, and samarium and have multiple uses in electronics. They are commonly found in smartphones, computers, TV screens and even electric car batteries.Despite their name, REEs are actually quite common but only occur naturally in low concentrations in compounds in ores. This means that in order to be isolated for use, they have to undergo…
ReutersIn race to regain rare earth glory, Europe falls short on mineral goalsFour decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used….Jun 28, 2024 Source link
Looking ahead to the third quarter, fundamentals are still pointing to downside risks – Chinese steel demand is still muted on slowing construction and infrastructure activity amid the summer slowdown. The property sector constitutes the bulk of steel demand. Although all major Chinese cities have rolled out measures to revive the property market, Beijing’s stimulus measures have not yet materialised into higher demand for iron ore. Unsold housing inventories remain high, and sales have been slow. As long as inventories remain elevated, new investment and building activity will remain depressed, and the drag on growth will persist, our China economist believes. …
AMD Chief Predicts Custom Chips Will Outperform GPUs, Sees Shift in AI Chip Demand: ReportAdvanced Micro Devices, Inc. (NASDAQ:AMD) chief Lisa Su shared insight into the prospects of graphics processing units (GPUs) in the near term, almost to the extent of taking a dig at rival Nvidia Corp (NASDAQ:NVDA) and hyperscalers like Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google.As AI models become more standardized, there’s potential to create custom chips that offer greater energy efficiency, smaller sizes, and lower costs.According to the WSJ report, Su highlighted this opportunity, noting that while GPUs remain the top choice for large language models…
The iconic Danish toy company, LEGO, has taken an unexpected turn by collaborating with the high octane world of Formula 1. This partnership, while seemingly unconventional, is rooted in a strategic move to capitalize on the growing popularity of the racing series, particularly among younger audiences. By entering the Formula 1 world, LEGO aims to tap into a demographic that is increasingly drawn to the excitement and speed of the sport. The toy company’s decision is backed by data indicating a significant surge in Formula 1 viewership among children and young adults. This demographic aligns perfectly with LEGO’s core audience,…
SALEM, Ohio (WKBN) – There’s an opportunity with a Valley metals industry company that stretches across its footprint. BuTech Bliss is known around the world for its equipment building. Most of its business is building equipment to help companies flatten steel coils and turn them into something else. “Our customers in the metals industry are really looking for more equipment. They’re expanding and wanting to buy more, produce more,” said BuTech Bliss President Jock Buta. Buta is president of the Salem company which he says is feeling a drive for equipment that’s higher strength. This piece of equipment is a…
The “doom loop” has arrived, with federal funding for transit running out, cities cutting service and ridership still not fully recovered from the pandemic. (Streetsblog USA) The work-from-home trend shouldn’t mean transit agencies cut service. Instead, they should be expanding to help people get places other than work. (Philadelphia Citizen) The Biden administration’s tax subsidy program for fossil fuel companies that bury carbon underground lacks safeguards. (New York Times) The Transit app now includes safe bike routes that riders can customize based on their preferences. (Mass Transit) In his latest book, pro-transit architect Vishaan Chakrabarti makes the case that hyperdensity…
The minivan market, once a bustling hub of family transportation, has seen a significant shift in recent years. While crossovers and SUVs have become the preferred choice for many, the minivan segment still holds its ground, albeit with a smaller footprint. Despite the decline in popularity, the Chrysler Pacifica continues to reign supreme as America’s favorite minivan, outselling its competitors. However, the Honda Odyssey, Toyota Sienna, and Kia Carnival are not far behind, demonstrating a resurgence in interest for this once-dominant vehicle type. The Chrysler Pacifica’s enduring popularity can be attributed to its combination of features, including spacious interiors, advanced…