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“American Factory” Owner Fuyao Glass To Raise $550 Mln, Eyes Solar Market

May 2, 2021

China-based Fuyao Glass Industry Group, whose U.S. plant was the subject of the Oscar-winning documentary “American Factory” in 2020, plans to raise to HK$4.3 billion, or $550 million, in a stock sale amid improvement in its business this year, according to a Hong Kong Stock Exchange filing on Sunday. The glass supplier, whose auto industry cust...

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With $1 Billion Monthly Surplus, U.S. Gold Trade Shaking Off Wild 2020

April 30, 2021

U.S. gold exports topped imports by more than $1 billion in February, an increasingly rare occurrence, according to the latest government data available. It would seem that American traders in the precious metal who were unnerved by Covid-19 in the spring of 2020 are increasingly confident in the U.S. economy now. But what a ride 2020 was. In...

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The World’s First Robotics Venture Factory Is On ‘Robot Island’ In Denmark

April 29, 2021

There are more than 10,000 robot companies in China. Reportedly, less than 5% of them are doing well. But what if they didn’t all have to reinvent the wheel? Or the servomotor. Or computer vision, spatial recognition, natural language processing, gripping, navigating, or any of a host of different problems that robots need to understand in orde...

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Michael Collins Chose A Life On Earth Over Walking On The Moon

April 28, 2021

Michael Collins, whose passing at age 90 we mourn today, had been a hero of mine since childhood. But I first noticed something special about him when reading his memoir, Carrying the Fire while researching my 2008 book about the Apollo Guidance Computer, Digital Apollo. Collins wrote the best, least maudlin of the Apollo-era astronaut memoirs, ...

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Tesla Extends Profit Streak On Strong Q1 Sales Of Electric Car–And Pollution Credits

April 26, 2021

Tesla stayed profitable in the first quarter, posting earnings and revenue figures that topped consensus expectations, helped by the electric-car maker’s robust first-quarter vehicle deliveries and sales of pollution credits to other automakers. The company also said it’s targeting annual growth in deliveries of 50% a year. The Palo Alto, Califor...