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Tesla battery researcher shows new test results pointing to batteries lasting over 2 million miles – Electrek.co

A Tesla battery researcher showed updated test results pointing to batteries lasting over 15,000 cycles or the equivalent of over 2 million miles (3.5 million k…

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A Tesla battery researcher showed updated test results pointing to batteries lasting over 15,000 cycles or the equivalent of over 2 million miles (3.5 million km) in an electric car.
Last year, we reported on Jeff Dahn and his lab, who are under contract to do battery research for Tesla, releasing an interesting paper that shows how the latest Li-ion battery technology can produce batteries that would last 1 million miles in electric vehicles.
In a new presentation, Dahn discussed updated test…

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Meet NextEra, America’s most valuable energy firm – The Economist

The clean-energy utility has surpassed ExxonMobil in market capitalisaion—and shows no signs of slowing

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TO MANY INVESTORS, backing an American oil company looks only slightly shrewder than stuffing cash in a blender. Facing covid-19 and old concerns over low returns, the industry is scrambling to boost efficiency. On October 19th ConocoPhillips said it would pay $9.7bn for Concho Resources, a Texan fracking firm. The next day two other frackers, Pioneer Natural Resources and Parsley Energy, announced a $4.5bn tie-up. Across the sector, oilmen are vowing to put profits before growth. How about a firm…

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Intel stock plunges 10% after earnings show bigger sales drop than expected – MarketWatch

Intel profit drops more than 28%, revenue declines more than 4% and misses expectations as server sales dive 7%

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Intel Corp. revenue sank more than expected in the third quarter as the companys sales of server chips suffered, sending shares down 10% in after-hours trading Thursday.Intel
INTC,
+0.74%
reported a decline in profit and revenue from the previous year, while slightly raising its full-year forecast but missing expectations for its fourth-quarter sales outlook. Shares dropped to less than $49 in after-hours action immediately following the report, after closing the regular session with a 0.8% gain…

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U.S. Food and Drug Administration Approves Gilead’s Antiviral Veklury® (remdesivir) for Treatment of COVID-19 – Yahoo Finance

Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the U.S. Food and Drug Administration (FDA) has approved the antiviral drug Veklury® (remdesivir…

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— Veklury Is First and Only FDA-Approved Treatment for COVID-19 in the United States —
— Veklury Shortened Time to Recovery By Five Days in Hospitalized COVID-19 Patients —
Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the U.S. Food and Drug Administration (FDA) has approved the antiviral drug Veklury® (remdesivir) for the treatment of patients with COVID-19 requiring hospitalization. As an antiviral drug, Veklury works to stop replication of SARS-CoV-2, the virus that causes COVID-19….

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