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Construction began last year. Ford has said it plans to start production by 2025. Ford says the assembly and battery plants will employ about 6,000 people with an investment of roughly $5.6 billion. The automaker announced in September of 2021 that it would build the plant and a joint-venture battery factory on a 3,600-acre (1,460-hectare) parcel of land in rural Stanton, northeast of Memphis. Known as the Memphis Regional Megasite, the land designated by the state for industrial development sat unused for years before Ford decided to move in. (AP) - Ford says its new assembly plant under construction in western Tennessee will be able to build up to 500,000 electric pickup trucks a year at full production.

The spokesperson said impacted workers would be paid for 90 days to find jobs at other facilities, including those in Joliet, Illinois, and Lancaster, Texas, where the company has opened up new high-tech e-commerce distribution centers.

On a post-earnings call in February, Walmart CEO Doug McMillon said he was 'most excited about the automation opportunity we have' with plans to increase investments in automation technology as part of its more than $15-billion capital expenditure budget this year.

TAIPEI, March 23 (Reuters) - Taiwan Foreign Minister Joseph Wu said on Thursday that President Tsai Ing-wen's meeting with U.S.
House Speaker Kevin McCarthy in the United States is still in the process of being arranged.

"We want a North America that is globally competitive, so that our two economies which are already so integrated, where so many businesses and jobs and supply chains rely on each other, can compete with the world and can be successful

Chiba Bank Ltd lost 1.2% and Shizuoka Financial Group Inc declined 1.06%. Sumitomo Mitsui Financial Group Inc fell 1.01%. Concordia Financial Group Ltd was Nikkei's worst-performing financial stock, losing 1.68%.

SVB and Credit Suisse put banks under a microscope on the impact that higher rates would have on certain credits," said Victor Balfour, investment strategist at Rothschild & Co. "Banks have been under an immense amount of pressure.

BRUSSELS, March 23 (Reuters) - Meta Platforms on Thursday voiced its strongest criticism to date of a push by EU telecoms operators to get Big Tech to foot some network cost, saying the plan is not the solution to their financial problems and it also ignores tech companies' hefty investments.

March 27 (Reuters) - UK equities surged on Monday, helped by a gain in bank stocks on renewed hopes that the turmoil in the sector will be contained following the buyout of Silicon Valley Bank, while Standard Chartered jumped after agreeing to sell its Jordanian business.

Walmart has been investing heavily in automation over the past few years, partnering with automation companies such as Knapp to help it cut down the number of steps it takes employees to process e-commerce orders to five from 12, which has been implemented at its Pedricktown, New Jersey location, for instance.

But only modest, if any, progress is expected on tensions over Biden's Inflation Reduction Act -- a massive program to subsidize and kick start US-based development of electric vehicles and other clean energy

The recent alarm over a Chinese balloon that crossed the United States on an alleged spying mission before being shot down, followed by the downing of two more unidentified objects, has put a spotlight on the joint US-Canada air defense system, known

About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania were let go due to a reduction or elimination in evening and weekend shifts, the spokesperson said.

Although numbers are far smaller than those coming across the Mexican border into the south of the United States, the resulting political tension in Ottawa echoes the disputes over migration in W

nHe faced 19 batters while working into a fifth inning, walking one and striking out eight. He allowed four hits, including a home run to Gavin Conticello, an eighth-round draft pick for Arizona in 2021

I was feeling that this is the greatest game in the world. There´s no other sport, no other situation that can create that kind of drama and atmosphere, one on one, the two best players in the world 'I can tell you exactly what I was feeling. 'I got a lot of texts ...
who am I rooting for, how am I feeling,' the manager said.

March 27 (Reuters) - European stocks rallied in early deals on Monday, as calm descended on markets following a turbulent week for banking shares that was fuelled by worries about stability in the sector after the collapse of Credit Suisse and Silicon Valley Bank.

March 27 (Reuters) - European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S.

'We recently adjusted staffing levels to better prepare for the future needs of customers,' Walmart said in a statement, adding that it would work closely with affected associates to find jobs at other locations.