Latest New product development News

‘Space race’ level attack on future public health crises

Jun. 12, 2021 16:27 PM EDT

PITTSBURGH (AP) — Maureen Lichtveld’s nearly 40 years in environmental public health — from her home country of Suriname, to the U.S. government, to the Hurricane Katrina-devastated Gulf Coast and, finally, to Pittsburgh this year — has focused on a central principle: how to prepare...

St. Paul seeking niche as biotech manufacturing research hub

May. 29, 2021 01:32 AM EDT

ST. PAUL, Minn. (AP) — In a marriage of industry, academia and federal funding, Pittsburgh has doubled down on robotics research and manufacturing, helping Steel City live up to its nickname. San Antonio is tunneling into cyber-security. And Los Angeles is paving the way for...

FDA OKs 1st targeted drug for common lung cancer mutation

May. 28, 2021 17:12 PM EDT

FAIRLESS HILLS, PA. (AP) — U.S. regulators have approved the first medicine for patients with the most common type of lung cancer whose tumors have a genetic mutation long considered untreatable with drugs. The Food and Drug Administration on Friday said it has approved...

Senate R&D bill to counter China shelved by GOP opposition

May. 28, 2021 11:52 AM EDT

WASHINGTON (AP) — A sweeping Senate bill aimed at making the United States more competitive with China and shoring up domestic computer chip manufacturing with $50 billion in emergency funds was abruptly shelved Friday after a handful of Republican senators orchestrated a last-minute...

Senate eyes R&D bill to counter China, bolster manufacturing

May. 28, 2021 00:55 AM EDT

WASHINGTON (AP) — What started as a pragmatic effort to boost scientific research and development has morphed into sweeping Senate bill aimed at making the U.S. more competitive with China and other countries, including $50 billion in emergency funds to shore up domestic computer chip...

Gambling firm FanDuel investing $15M, hiring 900 in Atlanta

May. 18, 2021 18:34 PM EDT

ATLANTA (AP) — Gambling company FanDuel says it will invest at least $15 million and hire more than 900 people, opening an Atlanta office focused on product development and technology operations. The company, a subsidiary of British-based Flutter Entertainment PLC, made...

Kentucky plant benefiting from latest Apple investment

May. 10, 2021 20:07 PM EDT

LOUISVILLE, Ky. (AP) — Apple deepened its ties to a Kentucky plant on Monday by awarding another $45 million to support Corning Inc.'s work to supply glass for the tech giant's iPhones and other devices. The latest investment will expand Corning's manufacturing capacity...

Text of Biden's first address to joint session of Congress

Apr. 28, 2021 22:36 PM EDT

Text of President Joe Biden's first address to a join session of Congress, as provided by the White House: Madame Speaker. Madame Vice President. No president has ever said those words from this podium, and it’s about time. The First Lady. The...

Meituan raises $10 bln for self-driving cars, drone delivery

Apr. 21, 2021 02:56 AM EDT

HONG KONG (AP) — Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to invest those funds in developing and expanding delivery technologies. The Beijing-based firm, China’s largest food delivery...

Taiwan chip maker TSMC to invest $100B to grow capacity

Apr. 01, 2021 06:25 AM EDT

TAIPEI, Taiwan (AP) — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding its manufacturing capacity and supporting research and development, the company said Thursday. The world’s...