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☆ New Balance CEO on WNBA deal and development into sports brand
  + stars: | 2024-07-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Balance CEO on WNBA deal and development into sports brandNew Balance CEO Joe Preston joins 'Squawk on the Street' to discuss how the brand's partnership with the WNBA will work, the company's position in basketball, and much more.
Persons: Joe Preston Organizations: WNBA
☆ Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory
  + stars: | 2023-04-21 | by ( Steve Scherer Victoria Waldersee | Steve Scherer | Victoria Waldersee | ) www.reuters.com   time to read: +3 min
[1/9] View shows the site where the gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE will be built in St. Thomas, Ontario, Canada April 21, 2023. REUTERS/Carlos OsorioCompanies Volkswagen AG FollowStellantis NV FollowBERLIN, April 21 (Reuters) - Canada and Volkswagen (VOWG_p.DE) on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country's electric-vehicle supply chain. Europe's largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said in a statement. The battery plant is expected to be Volkswagen's largest and create up to 3,000 jobs. "This secures the future of St. Thomas," the city's mayor, Joe Preston, told Reuters earlier this week.
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