Latest in Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
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Automakers Want Trump to Keep Federal E.V. Regulations in Place
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.Business - The New York Times - 5 days ago -
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.Business - CNBC - 14 hours ago -
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
DETROIT — Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% tariffs on goods imported from Canada and Mexico into the ...Top stories - NBC News - 19 hours ago -
Is a $100,000 home equity loan worth it?
A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.Top stories - CBS News - November 4 -
TSMC Pauses Chip Shipments to Chinese Customers
The Taiwanese chip giant will halt shipments to Chinese companies after some of its most advanced chips ended up with Huawei.Business - The New York Times - November 10 -
Smith asks for pause in Trump Florida document case
Special counsel Jack Smith on Wednesday asked the 11th Circuit Court of Appeals to pause proceedings in an appeal launched in President-elect Trump’s Florida documents case. The filing comes as the ...Politics - The Hill - November 13 -
Court pauses appeal of Trump's classified documents case
A federal appeals court granted Special Counsel Jack Smith’s request to pause his appeal of President-elect Donald Trump’s classified documents case until Dec. 2.Top stories - ABC News - November 16 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
VW launches $5.8bn tie-up with Tesla rival Rivian
The firms will share EV technology as they face slowing demand and competition from Chinese rivals.Top stories - BBC News - November 13 -
Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other
The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.Business - The Wall Street Journal - November 13 -
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.Business - The Wall Street Journal - November 19 -
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Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.Business - The New York Times - November 1 -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - November 1 -
Body of Tennessee Factory Worker Killed in Hurricane Helene Is Found
She is believed to be the last employee who was missing after the plastics plant flooded. Authorities are still investigating the circumstances around the deaths.Top stories - The New York Times - November 2 -
U.S. factory orders tumble in September, for fourth drop in the past five months
Orders for manufactured goods fell 0.5% in September, the Commerce Department said Monday. It is the fourth decline in orders in the past five months.Business - MarketWatch - November 4 -
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.Business - The New York Times - November 12 -
Microsoft brings AI to the farm and factory floor, partnering with industry giants
Microsoft collaborates with Siemens, Bayer, and Rockwell Automation to launch industry-specific AI models designed to boost efficiency in manufacturing, agriculture, and finance through tailored AI ...Tech - VentureBeat - November 13 -
Save Big During the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.Tech - Wired - November 14 -
Apple proposes Indonesian factory in bid to reverse iPhone 16 ban
Investment of $100mn in key market would help meet requirement for 40% local content in smartphonesBusiness - Financial Times - 6 days ago -
To Challenge China, India Needs to Get Out of the Way of Its Factory Owners
India has a fresh chance to become a manufacturing powerhouse with the election of Donald Trump, who has promised to levy sky-high import tariffs on Chinese goods.World - The Wall Street Journal - 4 days ago -
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Vauxhall owner to close Luton factory, putting 1,100 jobs at risk
Car giant Stellantis said it would consolidate electric van production at its other UK plant in Ellesmere Port.Top stories - BBC News - 15 hours ago -
Florida medical device maker Exactech declares bankruptcy
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.Top stories - CBS News - October 29 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31