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GE Aerospace to invest nearly $1B in US manufacturing
Fox Business· 2025-03-12 15:32
Investment in U.S. Manufacturing - GE Aerospace announced a nearly $1 billion investment in U.S. manufacturing, aimed at strengthening manufacturing and increasing the use of innovative parts and materials for future flight [1] - This investment is nearly double last year's commitment and will enhance the safety, quality, and delivery of engines, benefiting over two dozen communities across 16 states [2] - Eli Lilly is also significantly increasing its investment in U.S. manufacturing, committing an additional $27 billion, bringing its total to over $50 billion since 2020 [5] Job Creation and Economic Impact - GE Aerospace plans to hire around 5,000 U.S. manufacturing and engineering workers as part of its investment strategy [2] - Apple announced a commitment of $500 billion over the next five years, which includes plans to hire 20,000 new employees focused on research and development, silicon engineering, artificial intelligence, and machine learning [7][8] Industry Leadership and Innovation - GE Aerospace's CEO emphasized that the investment will help modernize and expand customer fleets while scaling innovative technologies, keeping the U.S. at the forefront of aerospace leadership [4] - The commitment from major companies like Apple and Eli Lilly reflects a broader trend of reshaping global trade norms to boost domestic manufacturing under the current administration [3][8]
Nasdaq Correction: Buy This Unstoppable ETF at a Discount
The Motley Fool· 2025-03-12 00:00
The Nasdaq (^IXIC -0.18%) has officially entered correction territory, falling by close to 13% since mid-February, as of this writing. Monday marked the index's worst single-day drop since 2022, as it plunged by 4% -- fueling concerns about a looming bear market or recession.The future is still uncertain for the market, and nobody knows whether stock prices will rebound or we're headed for a deeper downturn. But over the long term, it's almost guaranteed that the market will recover. Despite many investors' ...
Hudson Pacific Properties (HPP) 2023 Earnings Call Presentation
2023-09-13 15:05
Investor Update | BofA Securities Global Real Estate Conference September 2023 Differentiated Tech & Media Focused REIT HPP is uniquely positioned to capitalize on TAMI sector investment and growth Focus on Tech & Media Epicenters West Coast Tech Hubs Global Media Markets Primary Locations for VC, AI Investment & Original Content Spend Modern, Amenitized Office Properties1 Premier-Quality Tenant Base 63% Public, 78% Credit Rated3 5 Yrs Remaining WALT3 Top 5 Tenants: Google, Amazon, Netflix, Riot Games, Sale ...