Tag Archives: chain

Apple expands U.S. supply chain with $500 million commitment

Apple expands U.S. supply chain with 0 million commitment

Today Apple announced a new commitment of $500 million with MP Materials, the only fully integrated rare earth producer in the United States. With this multiyear deal, Apple is committed to buying American-made rare earth magnets developed at MP Materials’ flagship Independence facility in Fort Worth, Texas. The two companies will also work together to establish a cutting-edge rare earth …

Read More »

Nursing home chain with 175 facilities files for bankruptcy… as devastating senior care crisis hits new low

Nursing home chain with 175 facilities files for bankruptcy… as devastating senior care crisis hits new low

A major nursing home chain with 175 senior living facilities across 17 states has filed for bankruptcy. The bankruptcy plunges a further 15,000 senior residents into the ongoing care crisis sweeping the United States.  Genesis Healthcare said it was shelling out $8 million a month on personal-injury and wrongful death claims, a situation that became financially untenable.  At its height …

Read More »