Follow this tag to curate your own personalized Activity Stream and email alerts.
Faraday Future’s future is looking bleaker.
After the electric car start-up failed to pay millions of dollars in bills, its contractor Monday halted work on Faraday’s $1-billion North Las Vegas, Nev., car factory. [...] The contractor is Aecom, the Los Angeles-based engineering giant. [...]
Faraday failed to pay $21 million due to Aecom in September and owed $25 million in October and $12 million in November, according to Aecom.
— latimes.com
Faraday Future previously in the Archinect news:Faraday Future holds groundbreaking ceremony for $1B Nevada factoryAECOM to build $1B electric vehicle plant in VegasThe "Impossible" Car – Faraday Future's lead designer, Richard Kim, on One-to-One #17 View full entry
Since the 1990s, the U.S. State Department has been barred from spending public funds on world expo pavilions. The result has been a series of disasters...Last year, the U.S. made a strong showing at the Milan Expo...But now comes a denouement that may cripple chances of there ever being a successful U.S. pavilion again: the architect, the exhibition designer, and the contractor have been paid only a fraction of what they are owed for work on the pavilion. — Architectural Record
"According to sources who participated in a recent conference call between the [Friends of the USA Pavilion Milan 2015] group and the creditors [which includes Biber Architects and Thinc Design], there was discussion about whether federal departments other than State, such as the Department of... View full entry
"Last month more than 25 staff failed to turn up for work one day in an organised protest at missing wages.
...Staff in New York are owed up to two-and-a-half month’s wages and the email sets out the company’s response to those either not turning up for work or asking to be put on unpaid leave."
— bdonline.uk
this is just a bit too much. View full entry
