Stellantis and Samsung join forces to build a battery factory in the United States

The building will be constructed in Kokomo, Indiana. The total cost of the project amounts to 2.5 billion euros. 2.5 billion. This is the amount that Stellantis and Samsung SDI will invest to bring out of the ground a production plant of lithium-ion batteries in the United States. The site will be located in Kokomo, … Read more

Burger King is bringing La Vie’s plant-based bacon into its burgers

Exclusive for six months in France, this agreement could make small in other Burger King in Europe. Three years after its creation, La Vie will now make burger lovers in France salivate as much as investors. After teasing Burger King on social media for a week, the French start-up convinced the fast-food king to put … Read more

Walmart expands drone delivery service

The American retail giant Walmart announced on Tuesday the expansion of its drone delivery service, planning to make it available in 34 locations in the United States by the end of the year. The drones will be operational in six US states (Arizona, Arkansas, Florida, Texas, Utah and Virginia) with the ability to reach up … Read more

household financial health at its highest end of 2021, before Omicron and inflation

The financial health of American families was, in the fall of 2021, at its highest in almost a decade, before the Omicron variant weighed on the economy and inflation slashed purchasing power, according to a Fed study released Monday. The general standard of living was, at this time,at the highest“Since the study was created in … Read more

31 tons of powdered milk landed in the United States

A plane from Germany with more than 31 tons of cans of baby milk powder intended for the American market, affected by a major shortage, landed on Sunday morning in the United States, according to images broadcast on American television channels. President Joe Biden had earlier announced on Twitter that a plane “loaded with more … Read more

United States and Taiwan want to strengthen their economic ties

The United States and Taiwan have decided to strengthen their commercial relations which for the moment are not sealed by a bilateral agreement, the Biden administration announced on Friday. US Trade Representative (USTR) Katherine Tai and Taiwanese Minister John Deng met and “instructed their teams to explore concrete ways to deepen the U.S.-Taiwan trade and … Read more

Biden’s Fed nominee Michael Barr downplays institution’s climate role

According to Michael Barr, “the only objective should be to understand the risks that the climate could pose to the financial system and to work” on “measures to manage these risks.” The US central bank (Fed) must understand climate risks and help banks deal with them, not determine which sectors they should or should not … Read more

Ford recalls 350,000 vehicles in the United States, some at risk of catching fire

The manufacturer has initiated the recall of SUVs manufactured between December 1, 2020 and April 30, 2021, after being aware of 16 incidents, including one which resulted in an injury. The American automaker Ford has issued a recall of about 350,000 vehicles in the United States, including 39,000 SUVs that must be parked outside because … Read more

the number of unemployment benefits paid is at its lowest since 1969

The number of jobless claimants in the United States in early May hit its lowest level since December 1969, but jobless claims have been climbing since early April, according to Labor Department data released Thursday. Read alsoCovid-19: the Canadian government wants to suspend unemployment benefits for those who have not been vaccinated From May 1 … Read more

the share of workers born outside the United States has returned to its 2019 level

The share of foreign-born workers in the U.S. workforce in 2021 returned to pre-pandemic 2019 levels as the country faces a significant labor shortage. “In 2021, the foreign-born share of the U.S. civilian workforce returned to pre-pandemic levels of 17.4% in 2019 from 17.0% in 2020”the Department of Labor (BLS) said in a statement on … Read more