All articles tagged with #production pause
Originally Published 22 days ago — by CBS News
Jim Beam plans to temporarily halt production at its main Kentucky distillery starting January 1 for site enhancements, amid industry challenges like declining alcohol consumption and reduced exports due to tariffs, while continuing operations at other facilities.
Originally Published 22 days ago — by CNN
Jim Beam plans to pause production at its main Kentucky distillery starting January 1 to invest in site improvements, amid rising bourbon inventories and ongoing trade uncertainties affecting the spirits industry.
Originally Published 27 days ago — by The Verge
Kensington is temporarily pausing production of its Expert Mouse TB800 EQ trackball due to reports of a potential dead zone in the sensor, with the company actively working on firmware and calibration improvements.
Originally Published 3 months ago — by The Daily Beast
Kevin Costner's on-set clash with co-star Wes Bentley during the filming of Yellowstone led to a temporary production shutdown, fueled by tensions over scene direction and personal conflicts, which contributed to Costner's decision to leave the show after its fifth season.
Originally Published 1 year ago — by Jalopnik
Toyota has admitted to cheating on crash tests for seven Japanese models, leading to a pause in production and stop-sale orders for the Corolla Axio, Corolla Fielder, and Yaris Cross. Despite the issues, Toyota claims the cars are safe to drive.
Originally Published 1 year ago — by UploadVR
Sony is reportedly halting production of the PlayStation VR2 to address slow sales and clear a backlog of unsold units, with over 2 million headsets produced but less than 1.7 million shipped in 2023. Additionally, the company has closed PlayStation London studio, responsible for Blood & Truth, and made layoffs in other studios, shortly after the first anniversary of the PSVR 2's release. Sony also announced plans to allow PSVR 2 owners to "access PC" later this year.
Originally Published 1 year ago — by Electrek.co
Fisker (FSR) is pausing EV production for six weeks after failing to make an interest payment, with its stock falling over 11%. The company faces financial challenges, including a dwindling cash position and potential delisting from the NYSE exchange. Fisker is seeking additional funding through equity raises or partnerships with an OEM, but its ability to continue operations remains uncertain.
Originally Published 1 year ago — by Engadget
Sony has reportedly paused production of the PlayStation VR2 due to a backlog of unsold units, with over 2 million units manufactured but only around 1.7 million sold in 2023. Sluggish sales, a lack of compelling games, and the closure of its London Studio have contributed to the headset's underperformance. Sony is testing official PC support for the PS VR2 and considering a price reduction to potentially boost sales.
Originally Published 1 year ago — by TechCrunch
Electric vehicle startup Fisker has announced a six-week pause in production of its Ocean SUV as it grapples with a cash crunch, revealing just $121 million in cash and cash equivalents as of March 15th. The company is facing significant financial challenges, including a high accounts payable balance and doubts about its ability to continue operations without raising new capital. Fisker's rollout of the Ocean SUV has been marred by software issues and customer service problems, with the National Highway Traffic Safety Administration investigating the vehicle for rollaway and braking system issues. The company is in negotiations with an automaker for a potential partnership and investment, while also seeking to raise $150 million through the sale of convertible notes.
Originally Published 1 year ago — by The Verge
Sony is reportedly halting production of the PSVR2 headset to address excess inventory, as shipments have declined each quarter since its launch last February. The company is facing challenges with a lack of content for the headset, and recent layoffs have impacted teams working on VR titles. Sony is also exploring PC support to increase the availability of games for the PSVR2.
Originally Published 1 year ago — by The Associated Press
Rivian Automotive pauses construction of its $5 billion electric truck plant in Georgia to prioritize production and save money, opting to start building its new R2 midsize SUVs at its existing plant in Illinois instead. The move is expected to get the R2 to market more quickly and save $2.25 billion in capital spending. The company's share price jumped after announcing new models, but it still faces challenges in meeting production targets and justifying the Georgia plant's construction amid legal opposition and concerns about drainage issues on the site.
Originally Published 2 years ago — by Forbes
GM's autonomous vehicle subsidiary, Cruise, has halted production of its fully autonomous van, the Origin, following concerns about the safety of its self-driving technology. The decision comes after the California DMV revoked Cruise's permits for its robotaxis and the company suspended all operations. Cruise has been under scrutiny after one of its cars hit and dragged a woman, and its software reportedly had difficulties recognizing children. The Origin, which has no manual controls, was expected to hit the streets in 2023 but will now be put on hold as the company addresses safety concerns and rebuilds trust with regulators and partners.
Originally Published 2 years ago — by The Washington Post
Drew Barrymore has decided to pause production of her daytime talk show, "The Drew Barrymore Show," until the Hollywood strike is resolved. Barrymore faced backlash for resuming production amid the strike, which led to protests from the Writers Guild of America. The strike, which has been ongoing for over four months, is demanding better pay and protections in the streaming era. Barrymore apologized for her decision and expressed hope for a resolution in the industry. Other talk shows, such as "The View," have continued production during the strike, while the National Book Awards rescinded Barrymore's hosting invitation.
Originally Published 2 years ago — by Defense News
The US Navy has indefinitely paused the San Antonio-class amphibious warship program due to rising costs, according to Chief of Naval Operations Adm. Mike Gilday. The production line at HII’s Ingalls Shipbuilding in Mississippi is running behind and the price tag is rising. The Navy requested funding for LPD-32 in its fiscal 2023 budget last spring and announced it would then truncate the program after three ships, despite previous plans for 13. Lawmakers, unhappy with that move, added advanced procurement funds for an LPD-33.