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Volkswagen share move plant close correction
  + stars: | 2024-07-10 | by ( ) www.cnbc.com   time to read: 1 min
In 1988 Volkswagen closed its plant in Westmoreland County, Pennsylvania. An earlier version misstated the location.
Organizations: Volkswagen Locations: Westmoreland County , Pennsylvania
A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. Volkswagen shares dipped Wednesday after the company issued an overnight profit warning and announced it was considering the potential closure of an Audi plant in Brussels. It noted that is also considering the restructuring or potential shutdown of its Audi plant in Brussels, where it employs 3,000 people, on the back of weak demand for the Audi Q8 e-tron line — a fully electric offering from the brand, launched in 2019. Automakers have contended with waning EV demand, with European brands facing the compounded challenge of a wave of discounted, state-subsidized rival vehicles produced in China. If it presses ahead, this would mark Volkswagen's first factory shutdown in nearly four decades, since the 1988 closure of its plant in the Westmoreland site in Alabama.
Organizations: New York, Auto, Volkswagen, Audi, EU Locations: Manhattan , New York City, U.S, Brussels, China, Westmoreland, Alabama
Rex Chapman arrives at the premiere of the second season of "Ted Lasso" on Thursday, July 15, 2021, at the Pacific Design Center. Kentucky Wildcats guard Rex Chapman (3) in action against the Iona Gaels at Rupp Arena in December 1986. He says the drug addiction was a gateway to a gambling addiction which cost him nearly all of the $40 million he earned during his career. [And that] once I was able to get clean, there were people willing to give me opportunities,” Chapman told CNN. “It’s Hard for Me to Live With Me” is published by Simon and Schuster and Rex Chapman can be heard weekly on his podcast “Owned” by Smartless Media.
Persons: Rex Chapman, Chapman, , CBS Sports ’ Seth Davis, Ted Lasso, Jordan Strauss, Dell Curry’s, Steph Curry, , Wayne –, , Malcolm Emmons, King Rex, , I’m, Phoenix Suns Rex Chapman, Los Angeles Lakers Kobe Bryant, Sam Mircovich, ” Chapman, aren’t, ” Simon, Schuster, he’s, Chapman’s, John Lucas, , Simon Organizations: CNN, Former, “ Sports, Charlotte Hornet, Phoenix Suns, CBS Sports, Pacific Design Center, NBA, ABA, Kentucky Wildcats, Iona, Rupp Arena, University of Kentucky, Los Angeles Lakers Kobe, Smartless Media Locations: El Camino
Amazon on Wednesday debuted an artificial intelligence tool for sellers that helps them generate copy for their product pages. The tool prompts sellers to enter a few keywords or sentences describing their product. It then spits out a range of content a seller can use to build their listing, such as product titles, bullet points and descriptions. The feature was announced this week at Amazon Accelerate, a conference held annually in Seattle for the company's third-party sellers. Amazon also recently started using AI to summarize reviews left by customers on some products.
Persons: Sellers, Mary Beth Westmoreland, chatbot Bard, Andy Jassy Organizations: Amazon, Wednesday, Google, Amazon Web Services Locations: Melville , New York, Seattle
“I think if people are able to come to the courts and delay certification results without any real evidence, that’s a problem, and I see some abuse of that process here,” Deluzio said. Judges authorized at least 19 precinct recounts in six counties. An AP survey of the Pennsylvania precinct recounts found the recount challenges altered vote tallies barely or not at all. Rep. Leanne Krueger, who leads the state House Democratic Campaign Committee, said those who deny the results of the 2020 presidential election have been trying to stop election certification for several years. Lycoming County elections chief Forrest Lehman said defending a single recount petition required making copies of poll books and collecting a variety of records.
CNN —A widespread state of emergency has been declared across Jamaica to fight violent crime, the island nation’s Prime Minister Andrew Holness said in a public address Wednesday. We have some really serious criminal threats facing us and we have to use all the powers at our disposal,” Holness said. The State of Emergency (SOE) will be enforced in nine of Jamaica’s 14 parishes, including Clarendon, Saint Catherine, Westmoreland, Hanover and parts of Kingston, Saint Andrew, Saint Ann and Saint James, which encompasses the popular tourist destination Montego Bay. Jamaican Prime Minister Andrew Holness arrives for the opening session of the 9th Summit of the Americas in Los Angeles, California, June 9, 2022. Patrick T. Fallon/AFP/Getty ImagesThe state of emergency allows authorities to arrest people and search buildings without a warrant.
As Republicans across the country saw their predictions of commanding victories up and down the ballot fall short on election night, Democrats in Pennsylvania were celebrating signs of a blue wave. Spencer Platt / Getty Images fileMany state Republicans said it’s no surprise that the strategy worked. “I think Republicans are going to be very demoralized here,” one Republican who worked on a Pennsylvania campaign, said in an interview. But while Oz struggled to overcome questions about his residency, Democrats and Republicans both said the election was driven by the Shapiro-Mastriano dynamic. “To have a wave, you not only have to have the initial motion, but you have to have the driver.
“Personalities come and go,” said Dave Ball, the GOP chair in Pennsylvania’s Washington County, who has supported and defended Trump. Trump is preparing to do just that, with a Tuesday announcement expected at his Mar-a-Lago resort in Florida. In Illinois, Republicans had threatened to take two state Supreme Court seats and flip state Senate and House seats. In Pennsylvania, GOP leaders had hoped to at least hold on to the seat being vacated by retiring Sen. Pat Toomey. Trump lost the state by narrow margins in 2016 and 2020.
Democrat Summer Lee is running against Republican Mike Doyle in Pennsylvania's 12th Congressional District. Democratic Pennsylvania Rep. Summer Lee faces off against Republican Mike Doyle in Pennsylvania's 12th Congressional District. Prior to entering public office, the progressive firebrand worked as an attorney and labor organizer, also leading voter mobilization efforts for the Pennsylvania Democratic Party. The Republican Doyle told a local news station that he would support a federal abortion ban that includes exceptions for rape, incest, and the life of the mother. Voting history for Pennsylvania's 12th Congressional DistrictPennsylvania's 12th Congressional District includes the heavily Democratic city of Pittsburgh and covers western Westmoreland County.
A Mississippi State University student and offensive lineman died Wednesday, the school said in a statement. Samuel Westmoreland of Tupelo, Mississippi, was a freshman majoring in industrial technology, the school said in a statement. Head football coach Mike Leach and athletics director John Cohen said they were heartbroken. Westmoreland was a graduate of Tupelo High School, where he played football. In a statement the Tupelo School District shared Wednesday on Twitter, the high school's football coach said Westmoreland was a leader who was voted a team captain his senior year.
A seemingly dormant Mehmet Oz campaign has struggled to unify the MAGA base in Pennsylvania. "Since Dr. Oz's victory remarks on June 9th, he has been to over 75 events," Oz campaign spokesperson Brittany Yanick told Insider in a statement. The Oz campaign would not say when it has plans to launch new TV ads. The Vance campaign responded to Insider's request for comment by attacking Rep. Tim Ryan. "It's why Democrats have a chance of holding onto the Senate," he told Insider, "is just the horrible class of candidates they've nominated."
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