Tag: industries

Tesla partner Panasonic is shutting down its operations at Nevada gigafactory

Panasonic is pulling its 3,500 employees from the massive Nevada factory it operates with partner Tesla over concerns about the spread of COVID-19. The company said Friday it will ramp down operations early next week and then close for 14 days. The move only affects Panasonic employees. Tesla also employs…

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Ford temporarily suspends production in North American factories

Ford said Wednesday it will temporarily suspend production at its North American factories through March 30 in response to COVID-19, the disease caused by coronavirus. “We’re continuing to work closely with union leaders, especially the United Auto Workers, to find ways to help keep our workforce healthy and safe —…

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Amazon CEO Jeff Bezos has been in regular contact with the White House on coronavirus pandemic

During a White House briefing on Monday detailing new recommendations regarding public health from the administration’s coronavirus task force and the CDC, President Trump was asked by a member of the press corps about reports that the White House is in “daily” contact with Amazon CEO Jeff Bezos regarding the…

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Apple is closing all of its stores outside of China until March 27

Apple will be closing all of its stores outside of China until March 27th. In a statement on the company’s website attributed to Tim Cook, the company attributed the decision to lessons it had learned from its response to the outbreak in China, where the disease was first identified. “What…

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An Apple Store employee on leave has tested positive for COVID-19 in Santa Monica

An Apple Store employee who was on leave from the Third St. Promenade store in Santa Monica, California tested positive for COVID-19 late yesterday. The employee had been on leave to care for a relative since March 2nd. Apple consulted health experts and deep cleaned the Third St. store which…

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Los Angeles-based CREXi raises $29 million for its online real estate marketplace

Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi, the commercial real estate…

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