Sentences with phrase «company backpedaled»

Named GT90, it almost reached production but the company backpedaled.

Not exact matches

The Fed later backpedalled, stating that the new guidelines would not go into effect until July 2010, time enough for all card companies to act in their own best interests.
Long Blockchain, the New - York company that back in December changed its name from Long Island Iced Tea to avoid being kicked off Nasdaq's stock exchange, is backpedaling on its previous plans to purchase 1,000 bitcoin mining machines.
Though Spain backpedaled on severe cuts after panel makers balked, companies like Energias de Portugal Renovables are pulling out because of profit worries and, in August, BP shelved plans for the world's largest solar panel plant in Spain.
Not to say this sad news was unexpected, as the company has been backpedaling ever since.
While the company isn't backpedaling on its decision, Pete Lau later took to OnePlus» own forums to clarify the comments and perform some much - needed PR damage control.
And finally, if you thought Apple would backpedal and throw a headphone jack back in the smartphone, you're wrong; the company is staying the course and the iPhone X does not include a standard 3.55 m jack.
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