Fiat Chrysler and PSA push toward Stellantis merger
Carmakers Fiat Chrysler and PSA Peugeot confirm progress toward a full merger creating Stellantis, aiming to complete by end of March 2021. The deal will form the world’s fourth-largest carmaker, with leadership by PSA CEO Carlos Tavares and FCA chairman John Elkann, and includes a partial Faurecia stake sale to aid regulators.
MENTIONED IN THIS ARTICLE
Fiat Chrysler
PSA Peugeot
Stellantis
Groupe Psa
Faurecia
PSA
Toyota
Carlos Tavares
John Elkann
Builders face gloom for offices and malls after COVID downturn
The housing boom contrasts with a bleaker outlook for nonresidential building as AGC survey finds 75 percent of contractors report postponed or canceled projects and a likely extended downturn in offices, hotels, and retail. Public infrastructure may slow due to state revenue losses while warehouses and data centers aid some firms.
MENTIONED IN THIS ARTICLE
Associated General Contractors
AGC
Ken Simonson
Census Bureau
U.S
Simonson
Congress
Joe Biden
Dan Puente
DP Electric
Fountain Hills
Arizona
Puente
Arizona Builders Alliance
Texas A&M to lead $100M hypersonic research project
The U S Department of Defense selects Texas A M University to head a five year, 100 million dollar national consortium for applied hypersonics. The University Engineering Experiment Station will oversee the program with 45 partner universities and national labs. Gillian Bussey lauds TAMU as a strong partner.
MENTIONED IN THIS ARTICLE
Texas A&m
U.S. Department of Defense
Texas A&m University
University Consortium For Applied Hypersonics
Texas A&m Engineering Experiment Station
Texas
Army Futures Command
George H. W. Bush
Rellis
Futures Common
U.S. Army
Gillian Bussey
Joint Hypersonics Transition Office
The
Department
SpaceX to roll out Starlink broadband in beta test
SpaceX releases pricing for its Better than Nothing Beta of Starlink, a satellite internet service. Initial service for the United States and Canada targets this year with near global coverage by 2021, at $99 monthly and a $499 hardware fee. The plan aims to fund future rockets and space exploration while facing concerns over satellite brightness.
MENTIONED IN THIS ARTICLE
Spacex
Elon Musk-led
Starlink
Texas
U.S
Canada
CNBC
Hawthorne
Constellation
Musk
Mars
Moon
United States
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MILAN
FCA
Minneapolis
Minnesota
Erica MacDonald
MacDonald
Detroit
Volkswagen
U.S. National Highway Traffic Safety Administration
Associated Press
Los Angeles
GETTY
USA Today Network
Internet Among the Stars
By Samantha Masunaga
Los Angeles Times