Toyota commits multimillion-dollar investments to further expand electrified vehicle production

Toyota West Virginia (TMMWV) – 73 million dollars This investment comes in the wake of the 240 million dollars investment announced in November and will increase production capacity of hybrid transaxles to 600,000 units annually. With this funding, TMMWV will also begin assembling approximately 120,000 rear motor stators per year, a key component in electric … Read more

Nasdaq leaps 1.3% to drive stock market rebound as investors testify of Federal Reserve’s Powell to pace

U.S. stocks rose Tuesday morning, with tech-related stocks extending a rebound from the previous session as investors appeared to be taking the testimony of Federal Reserve Chairman Jerome Powell as they looked for clues on the pace of future rate hikes and others. plans to tighten monetary policy in 2022. What do the major indices … Read more

2021 is in the books of records: a year of memes, cryptocurrencies and stocks at an all-time high.

Text size This year has seen many stock records, meme craze, a leap in IPOs, and more. Staff illustration; Dreamstime (9) 2021 was a grueling year, perhaps even more grueling than 2020. Measuring the economic fallout of the new coronavirus variants: first Delta and now Omicron, a surge in inflation and a wave of meme … Read more