Business News – 5-24-2021

K Buenavista — Tue, 25 May 2021 16:07:04 +0000

Peloton plans to invest $400 million to build its first U.S. manufacturing facility

In Troy Township, Ohio, Peloton is going to invest $400 million to build its very first manufacturing factory in the U.S.
By 2023, Peloton plans to be producing equipment at this factor and has plans to break ground later this summer
In regards to Job expectations, Peloton thinks that this facility will bring more than 2,000 jobs to the Troy Township area
For the company, demand has heightened and overseas shipments have been delayed

The seven day average of new daily Covid cases is now down 24 percent in comparison to last week
About 49% of the population in the U.S. has received at least one of the shots paired with a 39% fully vaccinated population, 61% are partially vaccinated out of those who are ages 18 and older nationwide
This Sunday (5.24.2021), New Mexico has become the 9th state to report 70% of adult residents are partially vaccinated in joining New Hampshire, Massachusetts, Maine, Connecticut, New Jersey, and Rhode Island

Evidence that Covid-19 originally leaked from a Wuhan virology lab is growing, Dr. Scott Gottlieb told CNBC on Monday
With other coronaviruses, SARS and MERS, researchers were able to identify the animal those diseases emerged from at this point in those outbreaks
Global health officials will meet soon to further investigate the origins of the virus

Virgin Galactic took a step closer to completing development of its space tourism system on Saturday
“It was flawless,” Virgin Galactic CEO Michael Colglazier told CNBC about the flight
Virgin Galactic’s spacecraft Unity is designed to hold up to six passengers along with the two pilots

Breeze Airways is the second new U.S. carrier in less than a month, after Avelo debuted last month
The carrier is the fifth airline started by JetBlue Airways founder David Neeleman
Flights start May 27, and the carrier will add others through late July

Greater Springfield is Australia’s first privately built city and the world’s tenth largest master planned city
Designed around the pillars of technology, health and education, the smart city’s property tycoon founder wants it to become the next Silicon Valley
With an emphasis on sustainability, Greater Springfield aims to produce more energy than it consumes by 2038

K Buenavista — Tue, 25 May 2021 15:59:59 +0000

White House has announced partnership with popular dating apps such as Tinder, OKCupid, Plenty of Fish, and more to raise vaccine awareness
42% of adults which age from 18 to 34 say that they aren’t willing to get the vaccine
According to OKCupid, those who are open to being vaccinated or plan to make up 14% of users and are more likely to math with another user than those who don’t get vaccinated
With many more variants of the virus merging, with summer weather and mask mandates diminishing, efforts to reach young adults are intensifying

Ford’s new F-150 Lightning will be equipped with 11 outlet plugs which include 4 in the frunk and a 240 volt outlet in the pick-up box for heavy duty equipment; also, depending on the amount of electricity being drawn, the Truck could power a home for up to 10 days
The F-150 Lightning boasts a massive front trunk which adds 14.1 cubic feet of secured storage as it replaces the space where the engine would have been in the ICE version
Much like the traditional F-150, the vehicle’s price is oriented in the same direction with a starting price of $39,974 and maximum price of around $90,000
Ford is taking $100 reservations for the F-150 on their website
The pickup features 2 electric motors and offers targeted ranges of 230 or 300 miles.

The licensing deal with WNBA is the first pro women’s sports agreement for PointsBet
The deal gives WNBA consumers a new way to watch games infused with PointsBet betting odds

Breeze Airways is the second new U.S. carrier in less than a month, after Avelo debuted last month
The carrier is the fifth airline started by JetBlue Airways founder David Neeleman
Flights start May 27, and the carrier will add others through late July

Aerion Supersonic is shutting down, the company confirmed to CNBC
The Nevada-based company had planned to build business jets capable of silently flying nearly twice as fast as commercial aircraft
“In the current financial environment, it has proven hugely challenging to close on the scheduled and necessary large new capital requirements” to begin production of its AS2 supersonic jet, the company said in a statement