A new study published in Nature Communications has uncovered a concerning link between lithium-ion batteries, commonly used in electric vehicles, and the spread of harmful per-and polyfluoroalkyl substances (PFAS), also known as “forever chemicals.”
3M announced Tuesday it will cut 2,500 manufacturing jobs as the industrial giant reported lower profits and offered a lackluster 2023 outlook based on weakening demand.
The company has been raising prices for its goods but “we are seeing inflation outstrip price,” the company’s finance chief said.
The company is “raising prices everywhere,” Chief Financial Officer Monish Patolawala said on a call to discuss the company’s second-quarter results.
3M has reportedly filed a lawsuit against a merchant on Amazon selling the company’s masks for more than 18 times their list price. The target of the lawsuit, Mao Yu and his affiliated companies, made $350,000 selling the masks.
Jared Moskowitz, director of the Florida Division of Emergency Management, spoke out on Fox News on Thursday against 3M, the manufacturer of the highly sought N95 mask, a preferred piece of personal protective equipment for medical personnel working on the front line against the coronavirus pandemic.
“We hit 3M hard today after seeing what they were doing with their Masks,” Trump wrote. “Big surprise to many in government as to what they were doing – will have a big price to pay!”
Multinational corporation 3M will manufacture 35 million much-needed respirator masks in the United States every month for Americans to help President Donald Trump’s administration fight the coronavirus.