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Good morning. Panasonic will open a $ 4 billion home battery plant in Kansas today. This is the latest tariffs and basic policy turns, otherwise it is an optimistic shooting in a cold chilled market The end of the $ 7,500 tax creditNow, thanks to the “Big, Nice Project”, he signed the law. (Ford was able to save federal tax credits at the last minute. Meanwhile, Honda recently postponed the home investment In Canada and Demand at Tesla’s largest home plant down.)
I talked about what is next to the Panasonic North American CEO Megan Megan Megan Myungwon Lee and what is in a mixed environment for clean energy. “This is a great, long-term commitment that began four years ago,” he said. “Each CEO’s work is to walk and decide in very uncertain and uncertain times.”
Lee prefers to pay attention to the positive. “I don’t say it easy,” he said. “However, the current management and the previous management believes in bringing the technology to the market and create production work, and this is this.”
The new policy environment can delay the work schedule to disseminate up to full production, about 4,000 employees were employed in about 1,100. And Lee, AI, despite harsh market conditions, he expects to cling to the plan and Japan recently announced its plans to reduce 10,000 jobs in the world, about 4% of the workforce.
“Our production process is already highly automated and we will still need to operate several thousand employees in the factory in Kansas, at this time, at the moment.”
And this, this touches the difficulties of all those who are in the industry: “especially in the battery case, the supply chain is global; there is a raw material we cannot get locally,” he said. However, Panasonic CovID changed the supply chain, and “Our goal is to make up at least 50% of our supply in this region by 2030.”
“We are a beautiful start and definitely a holiday, but we need to make sure the work is successful and a healthy turn.” More news below.
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top News
The new tariffs in the EU and Mexico
On Saturday, President Trump, two largest trading partners, European and Mexico, 30% tariffs. CNBC Notes closed the markets on that day. The EU still breaks the answer.
Why can’t tariff burn inflation?
Economists warned the tariffs for months, but as July, in economic information, even despite the $ 100 billion dollar tariffs by the Treasury, there is a little proof of economic information. Fortune He asked economists to explain why. Possible reasons from “Very Soon” “Consumers will not stop for it.”
Trump Fed’s Powell can burn, Nec says
Kevin Hassett director of the National Economic Council Left the door The United States, which is open to ABC on Sunday, is open to the general leader of the President of the Federal Reserve Jerome Powell. After senting July 10 July, sent by Powell’s leadership and budget President Ross, the President of the Budget Ross, Powel’s Fed’s HQ repaired the repair of the Fed’s HQ. “I think the president will not depend on the answers to the questions we have decided to push this way,” said Hassett. Powell gives seven business days to answer the wild letter.
Google’s chrome can be sensitive to the AI browser contest
AI beginnings are broken down on the web browser, creating a threat to one of Google’s largest enterprises. This is a leader, a comet, a recharge leader, where this week has launched its EI effective web browser. Experts say Google’s relative slowdown on Google has a chance to give Google a chance to capture the market share of the AI.
Get ready for the price of coffee to go
Trump’s 50% tax from Brazil is likely to hit the price of coffee in the United States 30% of all coffee Drunk in America comes from Brazil. Coffee in May was $ 7.93 per pound, above $ 5.99 a year ago, NYT reports.
Trump seems serious about arming Ukraine
The President seems that Patriot will send missiles to Ukraine and he moves sharply from Putin. “I have not agreed on the number of (rockets), but there are some, because they need protection,” Trump said. “But we will send patriots we need … because Putin really surprised many people. He bombs everyone in the evening.” Long-range missiles capable of reaching Russia deep in some of the arms), Axios reports.
Apple’s Tim AI age cook
Apple has taken a significantly back in the race to develop and distribute AI products and services. FortuneGeoff Colvin analyzed This LAG CEO Tim Puts a trace over another kind of successful in the Cook.
AI vs Benioff about people
Salesforce CEO Marc BeniOff wrote in Op-ed Financial times last week AI My Admission The engineer caused a break in hiring and caused an important part of the number of important employees in Q1. AI agents now manage 85% of customer service surveys and make up 25% of the net new R & D code in the quarter.
Trade Specialist “Invalid” tariffs explosions
Trade Specialist Kristen Hopewell tell Fortune President Donald Trump’s “Invalid” trading strategy “does not touch the paper written by any transaction you managed.” According to Hopewell, “he can then return to more demanding later.”
Markets
S & P 500 Futures 0.39% this morning, the premarket came out. The index itself was reduced by 0.33% on Friday, but always remains near the heights. Bittoin Now it’s all over the other 122k dollars that are always high. South Korean Cassapy This morning has increased by 0.83%. This Stoxx europe 600 reduced 0.41% in early trade. UK FTSE 100 increased by 0.37% in early trade. Hang Kong’s Hang Seng Increased by 0.26%. Japan Nikkei 225 Reduced 0.28%. Chinese CSI 300 index It was straight, all the time higher than 4,000.
From analysts
WEDBUSH using AI: “Consumer use of twins is narrowing in the search for the most common consumer in the last three months, the search for the other consumer, and 48% of the AI, 45% of the AI review), 42% of the EI has not observed any change and AI’s “Scott Hevitt and Matthew Weiss because the review worsen the experience.
Goldman Sachs evaluates home prices: “In the next two years in 2025, in 2025, and in 2026 + 1.5%, + 1.2%, respectively, 3.2% and 1.9%,” Vinay Viswanathan et al.
Open on Shares: “S & P is about 500 and is an investor’s mood, but the profit is growing.). In the coming months, we would not be surprised by higher volatility at the beginning of Seth Basham and Abe Rimatzki.
Around the sucoler
Cybercrime is a great job in Asia and the EU may have to worsen everything By Nicholas Gordon
Some Democrats like Elon Musk and OneID Hoffman actually share the US debt By Jason Ma
$ 3 billion contract with a $ 3 billion contract with AI coding Beginning winds as Google Swoops for Google Licensing Agreement By Allie Garfinkle
Wall Street sees 35% Canadian tariff as only a spoken tactic: ‘Tariffs are Trump’s hammer for each nail’ By Paolo Confino
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