Latest in Factory Closure Plans
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Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Investigation reveals a Russian factory's plan to mix decoys with a new deadly weapon in Ukraine
A high-tech factory in central Russia has created a new, deadly force to attack Ukraine: A small number of highly destructive thermobaric drones surrounded by huge swarms of cheap foam decoysWorld - ABC News - November 16 -
The Saudi factories powered by women
A surge in female labour force participation has emerged as a bright spot for the kingdomWorld - Financial Times - October 28 -
PSG handed stand closure for anti-gay chanting
Paris Saint-Germain will have to partially close a stand at their home stadium when they host Toulouse on Nov. 22 after being sanctioned over anti-gay chanting during a match against Strasbourg ...Sports - ESPN - November 1 -
'My £750 vouchers are useless after restaurant closure'
Customers are told their vouchers are non-transferrable and to contact their banks.Top stories - BBC News - November 9 -
Foreign Election Interference, and Volkswagen May Close Factories
Plus, why you should never cross a crow.Top stories - The New York Times - October 29 -
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - Yesterday -
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Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Thousands told to evacuate as fast-moving Mountain Fire explodes in Southern California
Over 130 homes have been destroyed in a wind-fueled wildfire in Southern California that has grown to over 20,000 acres, officials said Thursday as firefighters continued to try to control the ...Top stories - NBC News - November 8 -
The VW labour boss at war with management over plant closures
Daniela Cavallo views clash as existential fight for carmaking in Europe’s biggest economyBusiness - Financial Times - November 8 -
UK holds talks with China’s Jingye to avert closure of British Steel plants
Support package drawn from £2.5bn war chest being prepared to try and keep Scunthorpe site openBusiness - Financial Times - November 9 -
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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 -
Trump Will Likely Cut the Ribbons on Biden’s Factories and Infrastructure Projects
The outgoing president funded new plants and big economic initiatives, but his successor may be able to put his name on the finished products.Business - Inc. - 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 - 2 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 - 11 hours ago -
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Klay Thompson takes needed step toward closure after bitter Warriors breakup with eventful homecoming
Thompson was honored on Tuesday night at Chase Center before the other Splash Brother got the last laughSports - CBS Sports - November 13 -
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Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - October 28 -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
Thames Water lenders call for more backers for £1.5bn rescue cash – business live
Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...World - The Guardian - November 4 -
Boeing delivers fewest planes since 2020, warns factory restart after strike will take weeks
Boeing handed over 14 airplanes in October and said it will be several weeks before production can fully resume.Business - CNBC - November 12
