WASHINGTON - The U.S. Health and Human Services Department on Wednesday awarded two contracts worth more than $1 billion to make ventilators needed to treat severely sick coronavirus patients and plans to announce five additional contracts later this week.
GM will work with Ventec Life Systems to deliver the 30,000 ventilators under the contract to the U.S. government by the end of August, with deliveries of the first 6,132 machines to occur by June 1. GM is set to begin production in Indiana next week. Trump said the order would help the firms"overcome obstacles in the supply chain that threaten the rapid production of ventilators."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HHS to work with GM under Defense Production Act to produce 30,000 ventilators for national stockpileThe Department of Health and Human Services has announced a nearly $500 million contract with General Motors under the Defense Production Act to produce 30,000 ventilators that will be delivered to the national stockpile to help treat coronavirus patients. The national stockpile is for Jared. What about the rest of the country? Is that $17,000 each. More expensive than a motor car. $16,131.33 per ventilator but will come with 90 days of free OnStar and SiriusXM
Source: CNN - 🏆 4. / 95 Read more »
Shocking drop in wholesale gas prices signals more refinery cutbacks and gasoline under $1Wholesale gasoline prices are collapsing, a sign that more refineries will cut back and prices at the pump could sink to under $1 a gallon in more places. NFLX. AMZN. TDOC. Every Cloud... Shocking!? Have you, um, even glanced at the price of oil in the last month?
Source: CNBC - 🏆 12. / 72 Read more »
George and Amal Clooney Donate $1 Million to Coronavirus ReliefHollywood's A-listers and major companies are lending a hand amid this international crisis. Charitable king and queen MYYYYYY MANNNNN
Source: etnow - 🏆 696. / 51 Read more »
Saudi Arabia plowed $1 billion into Shell and other European oil producers | Markets InsiderSaudi Arabia snapped up about $1 billion worth of stock in four European oil companies, The Wall Street Journal reported on Wednesday. The kingd... and thats what this whole thing is all about.. intentional screw the market so you can buy these assets for peanuts!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Paradigm Establishes $1.1M Employee Relief Fund After Layoffs, LawsuitCEO Sam Gores announced that Paradigm has established a $1.1 million relief fund for the hundred-plus terminated individuals. ignoring this isn’t gonna make it go away. the 5sosfam and the army are pissed off and u really think we’re not gonna start a fight JusticeFor5SOS countthe10k billboardspeakup billboardiscancelledparty BillboardDoTheRightThing billboardcountthe10k BillboardAddThe10k billboardspeakup AddThe10kBillboard BillboardRecaculate BillboardAddThe10k billboardspeakup
Source: billboard - 🏆 112. / 63 Read more »
Trump’s Net Worth Drops $1 Billion As Coronavirus Infects The President’s BusinessForbes valued President Trump at $3.1 billion a month ago. Now he’s worth $2.1 billion. Here’s why: ForbesBillionaires They told him that inhalation treatment is better than injections The only billionaire president..TRUMP!!!
Source: Forbes - 🏆 394. / 53 Read more »