Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Shein Reports $99 Million Loss Ahead of Hong Kong IPO as U.S. Tariffs Hit Sales 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Uber Stock Falls as Waymo Plans to End Robotaxi Partnership by 2028 
Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Los Angeles-based electric vehicle startup Canoo Inc will introduce an American-built pod-like electric pickup truck in the first quarter of 2023 and would begin taking pre-orders in the second quarter of 2021.
Canoo Executive Chairman Tony Aquila said the truck has the turning radius of a Prius, is the size of a Ford Ranger, and can take the payload of a full-sized pickup.
He added that they will build the rounded, snub-nosed truck in a US microfactory it intends to open.
The pickup will have up to 600 horsepower and an electric driving range of 300 miles or higher by the time the truck launches.
Canoo’s pickup will be aimed at both consumer and commercial customers.
According to Aquila, the pick-up has the potential to be a high-volume product that may require a small-scale, highly automated microfactory.
Canoo is in search of a potential site and will still use a contract manufacturer for its lower-volume vehicles.
The company has developed a low-rise platform, which bundles batteries and electric motors with chassis components as steering, brakes, and wheels, where various vehicle body types can be built.
AutoForecast Solutions estimates electric pickups to make up over one percent of North American pickup production in 2022, jumping to 5.7 percent in 2028.
