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Central Payments, a payments tech and card-issuing platform for banks, has raised $30M in a deal that spins out the company from the Central…

PYMNTS.com: Central Payments, a payments tech and card-issuing platform for banks, has raised $30M in a deal that spins out the company from the Central Bank of Kansas City — Central Payment, a payments-tech and card-issuing platform, today announced it has raised $30 million in growth equity financing … PYMNTS.com: Central Payments, a payments tech and card-issuing platform for banks, has raised $30M in a deal that spins out the company from the Central Bank of Kansas City …

Kansas abortion rights vote helps Democrats, Schumer says

Erin Woods for the Vote No on the Constitutional Amendment on Abortion canvases a neighborhood on August 01, 2022 in Lenexa, Kansas.Kyle Rivas | Getty ImagesSenate Majority Leader Chuck Schumer and other leading Democrats on Wednesday said an unexpectedly strong vote to uphold the right to an abortion in "red" Kansas gives their party a boost over Republicans going into the fall midterms."Last night in the American heartland, the people of Kansas sent an unmistakable message to MAGA Republican extremists — back off…

Weibo crashed after users rushed to track Nancy Pelosi’s plane on the way to Taiwan

The global outbreak of monkeypox has so far led to more than 24,000 cases in over 80 countries, and the World Health Organization has warned that the window of opportunity to contain the disease and prevent it from becoming endemic outside Africa is rapidly closing. Vaccines represent a potentially crucial measure. Monkeypox vaccines are already being deployed around the world, and news reports have described a “scramble” as countries desperately try to secure some of the limited number of available doses. There are…

Panasonic’s $4 billion EV battery plant will land in Kansas

Panasonic has picked De Soto, Kansas, to build a new EV battery plant, which projects to bring up to $4 billion in investments for the state, the Kansas governor’s office said in a press release. The press release predicts the plant will create up to 4,000 jobs, plus estimates of 4,000 additional jobs with suppliers and community businesses. In April, Kansas and Oklahoma were both among the locations reportedly in the running for potential locations for Panasonic’s new battery plant. Oklahoma’s governor notably pushed…

Panasonic is Building a Big Tesla Battery Factory in Kansas

A massive, $4 billion Panasonic electric vehicle battery factory is coming to Kansas. The Wednesday announcement followed about 45 minutes of closed door discussion between company and state stakeholders, where media were excluded, according to a report from the Topeka Capital-Journal.“Kansas is no longer an aw shucks, humble sort of flyover state. We can compete with anyone, and we can say loudly and proudly that Kansas is the best state in the nation for investment,” said Lieutenant Governor David Toland in a press…

Panasonic selects Kansas for vehicle battery mega-factory

Kansas Gov. Laura Kelly announces that Japan's Panasonic Corp. is planning to build a multi-billion-dollar plant in Kansas for manufacturing electronic vehicle batteries, Wednesday, July 13, 2022, in Topeka, Kan. State officials believe the new plant would employ 4,000 people and that other businesses supplying or supporting it would add several thousand more jobs. Credit: AP Photo/John Hanna Japan's Panasonic Corp. selected…

Panasonic picks Kansas for Tesla EV battery plant, state puts investment at $4 billion

Japan's Panasonic Energy Co, a major Tesla Inc supplier, said on Wednesday it had selected Kansas as the site for a new battery plant that state officials said would create up to 4,000 jobs with investment of up to $4 billion. The move comes as Tesla CEO Elon Musk has said the electric vehicle (EV) maker faced challenges ramping up production of its in-house batteries, contributing to limited auto output. He described new Tesla factories in Texas and Berlin as "gigantic money furnaces" which are losing billions of…

Panasonic is building the world’s largest EV battery factory in Kansas

Panasonic announced on Wednesday that it's inked a $4 billion investment deal with the state of Kansas to build and operate the world's largest battery cell production facility. The company has already identified a site near the city of De Soto, at a former ammunition factory. “As the largest private investment in Kansas history and one of the largest EV battery manufacturing plants of its kind in the country, this project will be transformative for our state’s economy, providing in total 8,000 high-quality jobs that will…

Panasonic to build battery factory in Kansas to supply Tesla with new 4680 cell, report says

Panasonic is reportedly going to build a new battery cell factory in Kansas to supply Tesla with its new 4680 cell. Earlier this year, we reported on Panasonic looking for a site in the United States for a new large-scale battery factory to produce the new 4680 battery cell for Tesla. At the time, it was reported that Panasonic was zeroing in on Oklahoma or Kansas for the location of the factory.  In April, it looked like Oklahoma became the front-runner when the governor started to urge the legislature to approve…

Panasonic new factory in Kansas to produce batteries for Tesla, EVs

An aerial view of the Tesla Gigafactory near Sparks, NevadaBob Strong | ReutersPanasonic is planning to build a new battery factory in Kansas to produce high-capacity cells for Tesla, according to a report out Wednesday from Nikkei Asia.Kansas Governor Laura Kelly, a Democrat, has scheduled a press conference in Topeka today at 5:00 local time where she's expected to announce details on the Panasonic plant.Panasonic previously invested in and jointly operates a battery factory with Tesla in Sparks, Nevada, outside of…