Toyota will invest 749 million in US production report says

first_img Tags 2019 Toyota RAV4 Hybrid: A tougher looking electrified crossover Share your voice 2019 Lexus LS 500h review: Full-size hybrid offers luxury with tradeoffs 2019 Mercedes-Benz S560e: Luxury cruising with an electric edge Toyota Lexus More From Roadshow 2018 Honda Accord: Turbo engines, sharper design and more spacecenter_img Lexus Toyota Comment Car Industry Hybrids 1 62 Photos Enlarge ImageToyota’s factories in Alabama and Kentucky are about to get a big cash injection from HQ in order to offset potential tariffs. Toyota Toyota has big plans in America, and to accomplish them it will be investing $749 million into its various US manufacturing facilities in addition to creating jobs for 586 people according to a report published Thursday by Reuters.What could Toyota be planning that would have it ready to whip its checkbook out for a significant chunk of a billion greenbacks? More hybrids. Duh. This is Toyota we’re talking about, so of course it’s more hybrids. It also plans to ramp up its US-based engine production, presumably to help with that whole “more hybrids” thing.But, business being business and politics being what they are right now, it also seems likely that Toyota’s expansion of its US production is a show of allegiance to the powers that be in hopes of staving off increased tariffs on the goods that it imports from Japan. As The Dude says, “You gotta feed the monkey, man.”Keep in mind that Toyota and Mazda announced last year that they’d be teaming up on a $1.6 billion plant in Alabama and way back in 2017, it pledged to invest $10 billion by 2022. It then bumped that number recently by an additional $3 billion, of which Thursday’s announcement is a part.Toyota committed to putting the money from Thursday’s announcement toward an additional 230,000 engines’ worth of capacity at its current Alabama plant by the end of 2021, and it will also add new four- and six-cylinder engine lines to the factory. The plant in Kentucky will get a cash infusion to help it build Lexus ES and RAV4 hybrids.Toyota boss Akio Toyoda is set to give a speech in Washington, DC on Friday where presumably he’ll flaunt that sweet $13 billion figure, and we only hope he’s invested sufficiently in air horns and engaged the services of a qualified hype man on his behalf.Toyota didn’t immediately respond to requests for comment.last_img read more

ATT will give 500000 to Locast TV app operator

first_img $999 $520 at HP Preview • iPhone XS is the new $1,000 iPhone X 2:44 null Sarah Tew/CNET Tidal 3-month family subscription: $5.99 (save $54) Apple iPhone XS Sarah Tew/CNET TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays The Cheapskate Tags Chesnot / Getty Images AT&T will donate $500,000 to Sports Fans Coalition NY, the nonprofit advocacy group that operates broadcast TV app Locast, the telecommunications giant said Thursday. Locast offers free access to local broadcast stations including ABC, CBS, NBC and FOX to people with broadband-connected receivers. It’s available in 13 cities including New York, Chicago, Boston and San Francisco.”This donation will support SFCNY’s mission to make free broadcast content available to consumers and offer them more choice,” AT&T said in a release. Last month, AT&T said it was adding Locast to DirecTV and U-Verse. Live TV streaming services for cord cutters: How to choose… AT&T,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. See It Read the AirPods review Best Buy Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. Apple AirPods with Wireless Charging Case: $155 (save $45) I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. Comments DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. See at Turo Lenovo Smart Clock: $59.99 (save $20) JBL Soundgear wearable speaker: $90 (save $160) The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. Turo: Save $30 on any car rental $999 Google Nest Hub: $59 (save $70) Read the Rylo camera preview Digital Media Now playing: Watch this: $59 at eBay DJI Osmo Action camera: $261 (save $89) Boost Mobile $210 at Best Buy $299 at Amazon Sarah Tew/CNET Rylo 5.8K 360 Video Camera: $250 (save $250) 0 Mentioned Above Apple iPhone XS (64GB, space gray) Turo Rylo What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. See at Amazon $261 at Daily Steals via Google Express Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. Sarah Tew/CNET Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us). Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. Read Google Home Hub review Sprint Read DJI Osmo Action preview $999 Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. Chris Monroe/CNET Read Lenovo Smart Clock review See it Review • iPhone XS review, updated: A few luxury upgrades over the XR $60 at Best Buy See It Tags Free Echo Dot with an Insignia or Toshiba TV (save $50) See It An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. $155 at Google Express Angela Lang/CNET Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) CNET may get a commission from retail offers. Amazon Share your voice HP Laptop 15t Value: $520 (save $780) $999 7 $90 at Daily Steals via Google Express Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go. Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. $6 at Tidal Share your voicelast_img read more

In new talks US and N Korea to face old disagreements

first_imgThis picture taken on 30 June 2019 and released by North Korea`s official Korean Central News Agency (KCNA) on 1 July 2019 shows North Korea`s leader Kim Jong Un (L) shaking hands with US President Donald Trump at the Military Demarcation Line that divides North and South Korea, in the Joint Security Area (JSA) of Panmunjom in the Demilitarized zone (DMZ). Photo: AFPWhen nuclear talks resume after Sunday’s off-the-cuff meeting between US president Donald Trump and North Korean leader Kim Jong Un at the inter-Korean border, negotiators will be revisiting old disagreements that have scuttled previous talks.Trump and Kim agreed to set up teams to hold working-level talks, which have stalled since a second summit in February in Vietnamese capital Hanoi failed to agree on US calls for denuclearisation and North Korean demands for sanctions relief.The brief weekend meeting broke a recent pattern of increasing threats and complaints from North Korea, and the two sides will enter the talks with renewed backing from their leaders.North Korea’s state media KCNA lauded Sunday’s meeting, saying Kim and Trump vowed to continue dialogue to make a “new breakthrough” in the denuclearisation of the Korean peninsula and in bilateral ties.But there are still formidable differences, including whether denuclearisation or normalising ties should come first, and how much North Korea is actually willing to give up.Disagreements ExposedIn Hanoi, Trump sought the abolition of all of the North’s nuclear installations, including shipping of the weapons and material to the United States, while Kim offered to close its main Yongbyon nuclear complex in return for sanctions relief.There has been little sign that North Korea and the United States are any closer to resolving differences on how to achieve denuclearisation and when and which sanctions should be lifted.Perhaps most fundamentally, the sides lack a shared definition of denuclearisation, with Pyongyang discussing it in terms of removing the threat of nuclear weapons from the entire Korean peninsula.Some experts have said Trump made a mistake at his first summit with Kim in Singapore last year by allowing their promise to build “new relations” a top priority in their joint statement, whereas denuclearisation comes in third.The New York Times, citing unidentified sources, reported on Monday that Washington is seeking to soften its approach, floating an idea of accepting a nuclear freeze – instead of complete dismantlement – and giving tacit recognition that North Korea is a nuclear state.Reuters was unable to independently verify the report.Nuclear Site ProposalOne of the most visible parts of North Korea’s nuclear programme, the Yongbyon reactor complex is a central point of contention.After the Hanoi summit ended without a deal, North Korean foreign ministry officials said they had made a “historically unprecedented offer” to close all of Yongbyon together with US experts.US negotiators confirmed North Korea had made the offer, but said talks broke down over exactly which facilities were included, and the scope of sanctions relief that Pyongyang demanded in return.Even if the revived working level talks lead to Yongbyon’s closure, the process is likely to take years, well after Trump’s term ends.South Korean officials say that dismantling the site would be a major blow to North Korea’s nuclear programme, though experts warn that Pyongyang has built a wide number of other, clandestine sites that could allow it to keep some nuclear capabilities.New North Korean NegotiatorsUS Secretary of State Mike Pompeo said a fresh round of talks will likely happen in mid-July, which would be led by Stephen Biegun, special envoy for North Korea, and Pyongyang’s foreign ministry officials, without specifying.The diplomats would take over from Kim Yong Chol, a hardline military general, who steered negotiations in the run-up to the Hanoi summit.The new North Korean lineup could mean better chances of working through denuclearisation, analysts said.Foreign Minister Ri Yong Ho and his deputy, Choe Son Hui, are seasoned diplomats with expertise in the nuclear issues and experience in working with US officials.The diplomats have gained trust from Kim since the failed summit, but the final decision maker remains Kim Jong Un, who has shunned gruelling working-level talks in favour of dealing directly with Trump.What Does North Korea Want?North Korea has publicly called for an end to the crippling economic sanctions imposed by the United States and the United Nations.An initial step might include formally ending the 1950-53 Korean War and setting up liaison offices.North Korea has also long called for a peace deal with the United States to normalise relations and end the technical state of war that has existed since the 1950-53 Korean War concluded with an armistice rather than a peace treaty.South Korea has also said re-opening the Kaesong industrial park and tours to Mount Kumgang, two inter-Korean projects closed as tensions ramped up, could expedite the North’s denuclearisation.last_img