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Friday, dec 27
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Innovation
Business
Nissan, Honda Eye Potential Merger
Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification. Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…
Business
Uncle Sam Just Picked The Capital Region As THE Place To Develop America’s Chip Industry
After years of advocacy, US Senate Majority Leader Chuck Schumer announced that an Albany County business has been selected as America’s first location for the National Semiconductor Technology Center (NSTC), which will be supported by an up to $825 million federal investment. Schumer announced that Albany NanoTech had been selected on Thursday, Oct. 31. The NSTC is a critical part of Schumer’s and the Biden-Harris Administration’s mission of re-establishing America’s leadership in the semiconductor industry. It will bring together industry leaders, researchers from the nation’s top univers…
Business
'Coolest Thing Made In NY' Competition Accepting Nominations
Know of a product that’s too cool for school? The Business Council of New York State is now accepting nominations for its inaugural “Coolest Thing Made in New York” competition. "A statewide initiative aimed at spotlighting the innovation, creativity, and manufacturing excellence of businesses across the state," the council said of the contest. "This exciting competition will provide a platform for manufacturers to showcase their products and highlight the vital role they play in driving New York's economy forward." The competition is open to all products that are created in New Yor…