Bio Roundup: COVID-19 Trials, Esperion’s Approvals, NASH News & More

February 28th, 2020 Xconomy National —  Clinical trials have historically hewn to a rigid format. A trial is designed, conducted according to that design, and then results are analyzed. Making changes in the midst of the study was a no-no. In recent years, regulators have showed openness to clinical trial designs intended to make drug… Continue reading Bio Roundup: COVID-19 Trials, Esperion’s Approvals, NASH News & More

Audi unveils new e-tron S, claims will be ‘first electric cars worldwide with three motors in mass production’

Audi is unveiling its new e-tron S models and the company claims that they will be “the first electric cars worldwide with three motors in mass production.” The German automaker unveiled the concept of the e-tron Sportback not long after the e-tron concept in 2017, and it always planned to release the vehicle soon after… Continue reading Audi unveils new e-tron S, claims will be ‘first electric cars worldwide with three motors in mass production’

Tesla could be worth $1.5 trillion by the end of the decade, says Ron Baron

Ron Baron, a billionaire stock investor and Tesla shareholder, says that Tesla could be worth $1.5 trillion by the end of the decade. From 2014 to 2016, Baron got sold on Tesla and Elon Musk’s vision and started buying shares of the company. He has since been extremely vocal about his investment and has made… Continue reading Tesla could be worth $1.5 trillion by the end of the decade, says Ron Baron

GM to add shifts, 1,200 jobs at Lansing plants

Detroit — General Motors Co. will add more than 1,200 jobs at its Lansing factories to meet customer demand for its mid-size SUVs and to support the introduction of two all-new Cadillac sedans, the Detroit automaker said Friday. GM’s Lansing Grand River Assembly will get a second shift resulting in the addition of almost 400 employees to build the new Cadillac CT4 and… Continue reading GM to add shifts, 1,200 jobs at Lansing plants

Fiat Chrysler to cut Windsor’s 3rd shift as it drops Dodge Grand Caravan

Fiat Chrysler Automobiles NV said Thursday it will cut the third shift at Windsor Assembly this summer as it begins to phase out production of the Dodge Grand Caravan. The June 29 deadline is the fourth new deadline granted to the 1,500 employees working in the minivan plant. It comes as the company “works to align volumes… Continue reading Fiat Chrysler to cut Windsor’s 3rd shift as it drops Dodge Grand Caravan

FIA make private settlement with Ferrari over F1 engine

FILE PHOTO: Formula One F1 – Pre Season Testing – Circuit de Barcelona-Catalunya, Barcelona, Spain – February 20, 2019 A Ferrari engineer holds a placard with the times as Ferrari’s Sebastian Vettel drives during testing REUTERS/Albert Gea LONDON (Reuters) – Formula One’s governing body said on Friday it had reached a settlement with Ferrari after… Continue reading FIA make private settlement with Ferrari over F1 engine

VW offers to buy out minority shareholders in Audi

FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson/File Photo FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) said on Friday it had offered to buy out minority shareholders in its premium brand Audi AG (NSUG.DE), via a so-called squeeze-out offer. Volkswagen AG already… Continue reading VW offers to buy out minority shareholders in Audi

Volkswagen Group’s operating profit soars 22% in 2019

The Volkswagen Group has released fiscal year 2019 numbers. Sales revenue increased by 16.8 billion euros to 252.6 billion euros and operating profit before special items rose to 19.3 (17.1) billion euros. At 7.6 (7.3) percent, the operating return on sales before special items slightly exceeded the forecasted range for 2019. Operating profit also improved to 17.0… Continue reading Volkswagen Group’s operating profit soars 22% in 2019

GM to add 1,200 jobs at Michigan plants to meet SUV demand

FILE PHOTO: The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009. REUTERS/Jeff Kowalsky/File Photo (Reuters) – No. 1 U.S. automaker General Motors Co (GM.N) said on Friday it plans to add more than 1,200 jobs at its Lansing plants in… Continue reading GM to add 1,200 jobs at Michigan plants to meet SUV demand