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Press Release: Acura Pharmaceuticals Announces -2-
Acura Pharmaceuticals reports Q3 results
Volkswagen executives: global chip shortage will last until 2022
The global shortage of semiconductor chips will continue into next year, Volkswagen executives in America said on Tuesday. "there is no doubt that this shortage will continue until 2022, at least until the second half of the year," said Scott Keogh, chief executive of Volkswagen US Group. Chip shortages have led global carmakers to cut car production, but as car prices rise, profits are also boosted. Chips are used in brake sensors, power steering and entertainment systems. Keogh added that while the problem is likely to ease in the fourth quarter of this year, the industry is still unable to meet the market's demand for cars.
“Doctor Doom” Roubini says the Federal Reserve may “retreat” due to inflation in tightening policies
Roubini, who is famous for predicting the collapse of mortgage loans that led to the 2008 financial crisis, said that if economic growth slows and the market sells off like in the fourth quarter of 2018, the Federal Reserve may find it difficult to tighten policies. Roubini Macro Associates Chairman and CEO Roubini said in a television interview on Tuesday that they will retreat. They will delay the completion of downsizing or interest rate hikes. The trend of stagnant inflation will continue “for a few quarters,” he said.
Tesla Model 3 hits police again, US Department of Transportation asks for more Autopilot information
According to reports, since another Tesla electric vehicle collided with a police car, the US National Highway Traffic Safety Administration (NHTSA) sent a letter to Tesla today, hoping for details on “how the Tesla Autopilot system detects and responds to emergency vehicles parked on the road.” On August 16, NHTSA announced an official investigation into Tesla's semi-autonomous driving system “Autopilot”, saying it was difficult for the system to identify “emergency response vehicles” parked on the road. According to NHTSA, they have identified 11 related crashes since 2018. In these
Goldman Sachs Group, Bank of America: the worst period, the lost decade of emerging markets is over.
Rising commodity prices and earnings growth expectations have triggered bullish bets on emerging market stocks. Emerging market stocks have underperformed for more than a decade, putting them close to a 20-year low relative to developed-world stocks. Goldman Sachs Group Group (Goldman Sachs Group Inc.), Bank of America Corporation (Bank of America Corp.) and Razard Asset Management (Lazard Asset Management) predict that once the vaccine is launched, investors will use low valuations to help the global economy recover from the epidemic, which will
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