New Jersey to Penalize Towns That Don’t Build Affordable Housing by Blocking Community Grants
TRENTON, N.J. — A New Jersey Assembly panel has advanced legislation that would tie access to several state grant programs to municipal compliance with affordable housing obligations. The Assembly Housing Committee on…
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to…
New York’s Deal To Build Elon Musk A Solar Panel Factory Turned Into A Nearly $1 Billion ‘Boondoggle’
New York’s Deal To Build Elon Musk A Solar Panel Factory Turned Into A Nearly $1 Billion ‘Boondoggle’ Jack Applewhite on July 6, 2023 New York spent nearly $1 billion building Elon…
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint…
Biden Says He Plans To Build A ‘Railroad From The Pacific All The Way Across The Indian Ocean’
Biden Says He Plans To Build A ‘Railroad From The Pacific All The Way Across The Indian Ocean’ Nick Pope on June 15, 2023 President Joe Biden said that his administration plans…
Canadian AI computing startup Tenstorrent and LG partner to build chips
By Jane Lanhee Lee OAKLAND, California (Reuters) – Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea’s consumer electronics firm LG Electronics Inc to build chips…
Nvidia to build Israeli supercomputer as AI demand soars
By Steven Scheer JERUSALEM (Reuters) – Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications. Nvidia, the world’s…
EXCLUSIVE: Tim Scott And Joe Manchin Join Forces On Bill To Help ‘Invisible’ Americans Build Credit Scores
EXCLUSIVE: Tim Scott And Joe Manchin Join Forces On Bill To Help ‘Invisible’ Americans Build Credit Scores Jason Cohen on May 17, 2023 Republican Sen. Tim Scott joined forces with Democratic Sen.…
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners aim to run at up to 94% of a total 17.9 million barrels per day processing capacity this quarter, according to company forecasts…
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed last month, saying Europe must manufacture its own cutting-edge computer chips and…
Mayor Hill hoping to move downtown post office to build more hi-rise apartment buildings
TOMS RIVER, NJ – With a ten-story twin tower already in the pre-development phase of construction, Toms River Mayor Maurice “Mo” Hill is seeking to build another hi-rise apartment building here. In…
New York police host meeting to build better ties with local communities
The New York State Police in Troop D organized a community engagement meeting at the Martha Eddy Room of the New York State Fairgrounds on Saturday. Representatives from several organizations and institutions,…
Tell your children not to run into the road: Jackson zoning board tells dad asking to build safety fence
JACKSON TOWNSHIP, NJ – A homeowner in Jackson faced an uphill battle with the township zoning board on Wednesday when trying to build a five-foot-tall aluminum fence around his property to keep…
Samsung SDI, GM to build $3 billion joint EV battery plant in US
SEOUL (Reuters) – Samsung SDI Co Ltd said on Tuesday it will invest $3 billion or more to build a joint venture electric vehicle (EV) plant with General Motors Co in the…
Brazil’s Embraer to build NATO-approved aircraft in Portugal
LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA would manufacture aircraft that meet NATO’s requirements in a partnership with Portuguese aerospace company OGMA. Embraer,…
China EV maker BYD to build $290 million battery component plant in Chile
HONG KONG (Reuters) – China’s BYD Co Ltd, the world’s largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in Chile’s northern Antofagasta region, said Chilean economic…
Ocado says Kroger committed to build more warehouses despite roll-out slowdown
LONDON (Reuters) – U.S. supermarket group Kroger Co is committed to building more automated warehouses in partnership with British online grocer and technology group Ocado, despite slowing a roll-out of sites, Ocado…
Town historian slams Mo Hill’s plan to build 10-story twin towers in Downtown Toms River
TOMS RIVER, NJ – It’s not the first time a mayor in Toms River, previously known as Dover Township wanted to turn the quaint downtown village along the waterfront into a city.…
Pentagon Scraps Plan To Build New Tanks For Ukraine In Bid To Accelerate Delivery: REPORT
Pentagon Scraps Plan To Build New Tanks For Ukraine In Bid To Accelerate Delivery: REPORT Micaela Burrow on March 21, 2023 The Pentagon is scrapping plans to send brand-new M1A2 Abrams tanks…
Boeing signs deal with U.S. army to build 184 AH-64E Apache helicopters
(Reuters) – Boeing Co said on Friday it had signed a contract with the U.S. army and international customers, including Australia, to build 184 AH-64E Apache attack helicopters. The $1.9 billion contract…
Putin urges business leaders to build new Russian economy
MOSCOW (Reuters) – President Vladimir Putin on Thursday called on Russia’s billionaires and business elite to invest in new technology, production facilities and enterprises to help Russia overcome what he said were…
South Korea considering asking banks to build more capital buffers
SEOUL (Reuters) – South Korea is considering requiring banks to hold more capital as part of efforts to make the banking system better prepared for financial instability, the top financial regulatory agency…
Silk-FAW drops plan to build Italian plant for electric sports cars
MILAN (Reuters) – The Silk-FAW start-up comprising U.S. automotive engineering and design company Silk EV and Chinese automaker FAW has abandoned plans to build a production plant in Italy, according to a…
Turkey’s quake toll tops 48,000 as govt races to build container cities
ANKARA (Reuters) – The death toll in Turkey from last month’s major earthquakes has risen to 48,448, Interior Minister Suleyman Soylu said on Monday, as authorities rush to set up container cities…
Stellantis agrees to build first plant in South Africa
PARIS (Reuters) – Stellantis said on Wednesday it had reached a preliminary agreement with South African authorities to build a production site, its first in the country, by the end of 2025.…
Lego looks to build on 2022 sales growth with more China stores
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas had delivered 17% sales growth in 2022, adding that it…
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