Regent University’s Gov’t Dean warns of dangers in The Great Reset.

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Northvolt to Invest Billions in Battery Plants

• Swedish battery maker Northvolt plans to invest several billion euros to build new battery plants.
• The company could build two plants in parallel, according to a spokesperson.
• This investment could help alleviate fears in Europe about a shortage of batteries for electric vehicles.

Rakuten Reports Operating Loss in Q1

Japanese e-commerce giant Rakuten reported an operating loss of 76.2 billion yen ($564 million) in the first quarter of this year. The company has been hit hard by the COVID-19 pandemic, which has led to a decrease in consumer spending.

Toshiba Working to Complete Sale of Chip Unit

Toshiba Corp is working with Japan Industrial Partners (JIP) to quickly complete the sale of its chip unit. The company hopes to finalize the deal by the end of the fiscal year in March 2021.

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