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8 industry updates you need to know this week [60-second Read]

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“This is our time – our biggest investment ever – to help build a better future for America,” said Jim Farley, president and CEO of Ford. in a press release. “We are now striving to deliver revolutionary electric vehicles for the many rather than the few. It’s about creating good jobs that support American families, an ultra-efficient, carbon-neutral manufacturing system, and a growing business that delivers value to communities, dealers and shareholders. “

The Nike Swoosh and Adidas three stripes fade away from the competition, in part because of their investment in 3D printing. Today’s sneakerheads and athletes demand speed in the marketplace. In fact, Nike’s Vaporfly sneakers were banned from the Olympics when the product’s scarcity meant runners who managed to get them had a technological edge over those who couldn’t get their hands on a pair.

The new factories, named Fab 52 and Fab 62, will be the fifth and sixth at the Ocotillo campus. Intel estimates that the investment will create more than 3,000 high-tech jobs, 3,000 construction jobs and support about 15,000 additional indirect jobs in the local community.

Moderna and Thermo Fisher Scientific have announced their respective expansion plans. BioSpace Reports Moderna will build a new head office that will serve as the Moderna science center and Thermo Fisher will expand to Saint-Louis and Switzerland.

The death of retail stores is in fact Well for stores like Spirit Halloween that rely on vacant properties every year. When brands, social media platforms or organizations are the subject of controversy, tweets are shared jokingly of Spirit Halloween quickly taking their place (like this one on Facebook).

So how exactly do Halloween pop-up shops work and will they continue to pop up every year? Forever and ever?

Electrified flight is already a reality for light aircraft, but it was believed that large commercial passenger aircraft should always rely on fossil fuels. This has been a major obstacle to the industry’s ability to improve its carbon footprint, with air transport producing 2.5 to 5% of total carbon emissions worldwide.

“This concept of decision making with live information, I think, is ultimately something people think is possible,” Han said. “And I just didn’t see anyone in the market doing that. That’s where I got the idea to launch Fulcrum.”

President and founder of the Nike Foundation, Maria Eitel began her career as a journalist and television producer, before joining the White House and serving as Special Media Assistant to President George W. Bush.

After a few other management positions, notably at Microsoft, she joined Nike in 1998 as Senior Vice President of Corporate Responsibility. For six years, it has developed and implemented policies on environmental sustainability, work practices, community investment, governance and diversity.

Image Credit: Business Wire

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