Profile picture of The Atlantic
Somewhere along the line, Boeing lost interest in making its own planes, Jerry Useem writes. “One day in 1916, [Bill] Boeing spotted an imperfectly cut wing ... Show more

Boeing and the Dark Age of American Manufacturing - The Atlantic

Boeing and the Dark Age of American Manufacturing - The Atlantic
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
  • Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.

  • The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.

  • Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.

  • Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Profile picture of Reuters
General Motors to shut manufacturing operations in Colombia, Ecuador -statement: U.S. car maker General Motors will close its manufacturing operations in ...
reuters.com/business/autos-transportation/general-motors-shut-manufacturing-operations-colombia-ecuador-statement-2024-04-26/
General Motors to shut manufacturing operations in Colombia ...
Profile picture of The Hill (newspaper)
Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip
thehill.com/homenews/administration/4618422-biden-tout-semiconductor-deal-micron-boise-syracuse/
Biden to tout $6 billion deal with semiconductor manufacturer Micron ...
Profile picture of The Guardian
Tesla among electric carmakers forced to cut prices as market stalls: EV sales have plateaued across the world but the newfound glut of vehicles may just be ...
theguardian.com/business/2024/apr/26/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall
Tesla among electric carmakers forced to cut prices as market stalls
Profile picture of NPR
Tesla recalls Cybertruck over sticky problem. Blame it on — yes — soap: Accelerator pedals on the new Cybertrucks can get stuck, a potentially dangerous ...
npr.org/2024/04/19/1245849907/tesla-cybertruck-recall-accelerator-soap
Tesla recalls Cybertruck over sticky problem. Blame it on — yes — soap
Quick Glance: Tesla Cybertrucks Recall Issued
  • Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.

  • The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.

  • An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.

  • Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Profile picture of Reuters
Tesla promises 'more affordable' cars after shelving all-new Model 2: Tesla said on Tuesday it would introduce "new models" by early 2025 using its current ...
reuters.com/business/autos-transportation/teslas-quarterly-revenue-falls-first-time-since-2020-2024-04-23/
Tesla promises 'more affordable' cars after shelving all-new Model 2
Profile picture of The Hill (newspaper)
Biden administration pushes back plan to ban menthol cigarettes: The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after ...
thehill.com/homenews/administration/4624481-biden-dropping-plan-ban-menthol-cigarettes-report/
Biden administration pushes back plan to ban menthol cigarettes
Quick Glance: Biden administration faces delays in menthol cigarettes ban
  • The planned implementation of a ban on menthol cigarettes in the US is expected to take 'significantly more time,' according to US Health and Human Services Secretary Xavier Becerra in a statement on Friday.

  • In April 2022, the US Food and Drug Administration (FDA) initially announced the ban on the popular mint flavor, setting a deadline for August 2023. Final rules were sent to the White House Office of Management and Budget for review in October, with the status listed as 'pending.'

  • According to the proposed FDA regulations, the manufacturing and sale of menthols would be prohibited, without direct regulation of smokers themselves.

  • A prohibition on menthol cigarettes could potentially save up to 650,000 lives over the next 40 years, with a third of these lives being saved within the black community, as stated by the Campaign for Tobacco-Free Kids.
Profile picture of Khaleej Times
UAE: Flying cars to be manufactured in Abu Dhabi, creating thousands of jobs - News | Khaleej Times
khaleejtimes.com/business/aviation/uae-flying-cars-to-be-manufactured-in-abu-dhabi-creating-thousands-of-jobs
UAE: Flying cars to be manufactured in Abu Dhabi, creating thousands of ...
Quick Glance: UAE: Manufacturing Flying Cars in Abu Dhabi, Creating Thousands of Jobs
  • Archer Aviation from the US receives multi-hundred-million dollar investments from Abu Dhabi to manufacture air taxis in the UAE and establish its international headquarters in the Emirates.

  • The investments are also aimed at constructing vertiports in critical locations throughout Abu Dhabi and accelerating Archer’s launch of commercial air taxi operations in the UAE next year.

  • Archer will manufacture its 'Midnight' aircraft in Abu Dhabi, creating thousands of jobs in manufacturing, maintenance, repair, and staff around the vertiport.

  • Key components of Archer’s collaboration with ADIO include vertiport construction, operational enablement for air taxi operations in the UAE, and in-country manufacturing of Archer’s 'Midnight' aircraft.
Profile picture of Reuters
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year
reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
Exclusive: Injury rates for Musk's SpaceX exceed industry average for ...
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
  • Injury rates at SpaceX facilities surpassed industry average in 2023.

  • Injuries at SpaceX locations worsened compared to 2022.

  • Experts raise concerns about the quality of work at SpaceX.

  • SpaceX and Musk have not publicly addressed safety record in detail.
Profile picture of The Atlantic
Boeing and the Dark Age of American Manufacturing: Somewhere along the line, the plane maker lost interest in making its own planes. Can it rediscover its ...
theatlantic.com/ideas/archive/2024/04/boeing-corporate-america-manufacturing/678137/
Boeing and the Dark Age of American Manufacturing
Profile picture of CNN.com
China’s GDP grows 5.3% in the first quarter of 2024: China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory ...
cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/
China’s GDP grows 5.3% in the first quarter of 2024
Quick Glance: China's Economy Surprisingly Strong in Q1 2024
  • China's economy experienced stronger growth than anticipated in the first quarter of this year, primarily due to the thriving high-tech manufacturing sector.

  • In the initial quarter, industrial production saw a 6.1% increase compared to the previous year, driven by the flourishing high-tech industry. Notably, the manufacturing of 3D printing devices, electric vehicle charging stations, and electronic components surged by approximately 40% year-over-year.

  • A recent official report highlighted a rise in China's manufacturing purchasing managers' index during the first quarter, marking the first increase in six months. Moreover, the Caixin/S&P Manufacturing PMI, a privately conducted survey, achieved its highest level in over a year as foreign demand grew.

  • China's economy grew by 5.2% in 2023. Despite a significant improvement from the previous year, it still represented one of the country's weakest economic performances in more than thirty years.
Profile picture of The Guardian
Electric and hybrid car sales to rise to new global record in 2024: International Energy Agency says 17m vehicles will be sold this year, up more than 20% ...
theguardian.com/environment/2024/apr/23/electric-and-hybrid-car-sales-to-rise-to-new-global-record-in-2024
Electric and hybrid car sales to rise to new global record in 2024
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
  • Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

  • The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

  • The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
Profile picture of who.int
With effective tobacco control measures, countries can decrease the prevalence of tobacco use and get on track to achieve the target of 30% reduction by 2025 ... Show more
Profile picture of tagesschau.de
Is things really that bad for German industry?: German industry is warning of a further decline in production this year. But the engine of the German economy may ...
tagesschau.de/wirtschaft/konjunktur/deutsche-industrie-konjunktur-bdi-ezb-zinsen-chemie-energie-100.html
Is things really that bad for German industry?
Profile picture of Reuters
🔊 Ukraine's domestic manufacture of weapons struggles as it waits for US aid. Find out more on the Reuters World News podcastPodcast: Israel’s retaliation, Ukraine’s weapons and your brain, your business | Reuters
Profile picture of CNN.com
A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
A brutal elimination round is reshaping the world’s biggest market for ...
Profile picture of The Independent
Richard Hammond predicts majority of cars will still be petrol rather than electric in 2050
independent.co.uk/news/uk/home-news/richard-hammond-petrol-electric-cars-top-gear-b2528227.html
Richard Hammond predicts majority of cars will still be petrol rather than ...
Profile picture of Die Welt
Pros and cons: should cigarettes be banned for future generations?: This much is clear: smoking is bad for your health. The UK would therefore like to gradually ...
welt.de/debatte/kommentare/article251191184/Pro-und-Contra-Sollten-Zigaretten-fuer-kuenftige-Generationen-verboten-werden.html
Pros and cons: should cigarettes be banned for future generations?
Profile picture of The Kyiv Independent
These photos show the manufacturing of 155 mm caliber shells at the Scranton Army Ammunition Plant in Lackawanna County, Pennsylvania ... Show more
Profile picture of Arab News
As airplane makers struggle to meet demand, Morocco wants to become a manufacturing hub https://arab.news/yzrpx
Profile picture of ABC
The 'Future Made in Australia' plan for solar panels relies on a crucial ingredient: Help from China
abc.net.au/news/science/2024-04-24/australia-need-chinas-help-for-solar-sunshot-manufacturing-plan/100954734
The 'Future Made in Australia' plan for solar panels relies on a crucial ...
Profile picture of The Hill (newspaper)
Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas
trib.al/UAwSwpn
Biden administration agrees to provide billions to Samsung to expand chip ...
Profile picture of CarBuzz
The new @lincoln #Nautilus kind of feels like a game changer. That 48-inch screen is impressive, but beyond that this is the most premium Lincoln’s product we’ve ... Show more
Profile picture of HuffPost
U.S. Solar Factories Say Biden Isn't Doing Enough To Protect Them From China: The White House launched a $7 billion “solar for all” program earlier this week ...
huffpost.com/entry/biden-solar-manufacturing-china_n_6629183ce4b06e0c270ad0d4
U.S. Solar Factories Say Biden Isn't Doing Enough To Protect Them From ...
Profile picture of PistonHeads UK
New Audi S3 starts at £47k in UK: Fancy getting your hands on the most powerful S3 in 25 years? Let's hope you've been saving up...
pistonheads.com/news/ph-germancars/new-audi-s3-starts-at-47k-in-uk/48424
New Audi S3 starts at £47k in UK
Profile picture of The New Zealand Herald
Fonterra is closing four plants at manufacturing sites in Hamilton and Waitoa.
Profile picture of CarBuzz
😅 . . . . . . Source: FB/JDM CARS
Profile picture of Reuters
🔊 Today on Reuters World News daily podcast: -Israel hits targets in Iran -Ukraine struggles to manufacture its own weapons -Colorado law aims to protect brain ... Show more

Podcast: Israel’s retaliation, Ukraine’s weapons and your brain, your business | Reuters
Profile picture of The Washington Post
U.K. votes on ‘smoke-free generation,’ but conservatives fear ‘nanny state’: The bill would prevent people born in 2009 and later from ever buying a cigarette — ...
washingtonpost.com/world/2024/04/16/smoke-free-generation-uk-rishi-sunak/
U.K. votes on ‘smoke-free generation,’ but conservatives fear ‘nanny ...
Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
  • The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.

  • The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.

  • The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.

  • The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
Profile picture of Al Jazeera
A Boeing engineer has told a US Senate hearing that the company is ‘putting out defective airplanes’ due to improper manufacturing methods.
Profile picture of World Economic Forum
@Hilde Merete Aasheim has been a baker, an auditor - and now she’s driving #manufacturing and #renewables as President and CEO of Norsk Hydro ... Show more

12 leaders on building your vision in 2024 | World Economic Forum
Profile picture of World Economic Forum
These complex manufacturing parts can have a second life either in or outside factories. Learn more about the World Economic Forum's Circular Transformation ... Show more

The Circular Transformation of Industries - Home
Profile picture of PistonHeads UK
1985 Audi UR Quattro for sale by auction: Check out this 1985 Audi UR Quattro auction on PistonHeads. Stop dreaming and start driving.
pistonheads.com/buy/auction/16510983
1985 Audi UR Quattro for sale by auction
Profile picture of Rolling Stone
Biden Congratulates Tennessee Auto Plant on Historic Unionization Drive: A Volkswagen factory in Tennessee voted to unionize, it's the first auto ...
rollingstone.com/politics/politics-news/tennessee-auto-plant-historic-union-vote-volkswagen-1235008027/
Biden Congratulates Tennessee Auto Plant on Historic Unionization Drive
Profile picture of The Hill (newspaper)
Donald Trump’s empty promises on jobs: The policies of the Trump administration played an important role in this decline of U.S. manufacturing capacity and ...
thehill.com/opinion/4595225-donald-trumps-empty-promises-on-jobs/
Donald Trump’s empty promises on jobs
Profile picture of Reuters
Morning Bid: Eyes on PMIs for rebound signs: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-23/
Morning Bid: Eyes on PMIs for rebound signs
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
  • World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

  • Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

  • As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

  • While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Profile picture of Fox Business
US economy grew slower than expected at the start of 2024: Gross domestic product, the broadest measure of goods and services produced across the economy ...
foxbusiness.com/economy/us-gdp-economy-first-quarter-2024
US economy grew slower than expected at the start of 2024
Profile picture of The Guardian
Tobacco firms lobbying MPs to derail smoking phase-out, charity warns: Tactics include proposals to raise smoking age to avoid outright ban, and exemptions for ...
theguardian.com/society/2024/apr/15/tobacco-firms-lobbying-mps-to-derail-smoking-phase-out-charity-warns
Tobacco firms lobbying MPs to derail smoking phase-out, charity warns
Profile picture of Tech Times
President Biden Hails Economic Revival with Micron Technology Investment in Upstate New York
techtimes.com/articles/304016/20240425/president-biden-hails-economic-revival-micron-technology-investment-upstate-new-york.htm
President Biden Hails Economic Revival with Micron Technology Investment ...
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
  • President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'

  • Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.

  • It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.

  • Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
Profile picture of Milwaukee Journal Sentinel
Kikkoman Foods acquires 100-acre site in Jefferson for a $560 million factory: Kikkoman Foods acquires 100-acre manufacturing site in Jefferson.
jsonline.com/story/money/business/2024/04/23/kikkoman-acquires-100-acre-site-in-jefferson-plans-to-add-50-jobs/73414249007/
Kikkoman Foods acquires 100-acre site in Jefferson for a $560 million ...
Profile picture of TechSpot
Ford is losing boatloads of money on every electric vehicle sold: One of the largest automotive companies in the world lost $1.3 billion in its EV-only business ...
techspot.com/news/102755-ford-losing-boatloads-money-every-consumer-electric-vehicle.html
Ford is losing boatloads of money on every electric vehicle sold
Profile picture of Lebensmittel Zeitung
The most important news to listen to | Food Newspaper: In the LZ Audio News you get the most important news delivered directly as a podcast ...
lebensmittelzeitung.net/podcast/
The most important news to listen to | Food Newspaper
Profile picture of kyivpost.com
⚡️Ukraine ignores U.S. warnings about drone strikes on Russian territory and continues to manufacture drones, which can already reach targets up to 3000 km ... Show more
Profile picture of The Sydney Morning Herald
Labor hits back at critics by adding tax breaks to industry aid: Jim Chalmers backed the case for tax concessions in a new signal about the scale of the budget ...
smh.com.au/politics/federal/labor-hits-back-at-critics-by-adding-tax-breaks-to-industry-aid-20240414-p5fjo8.html
Labor hits back at critics by adding tax breaks to industry aid
Profile picture of Lebensmittel Zeitung
Personal insolvency proceedings: Benko's creditors file claims worth billions: René Benko appeared in public for the first time in weeks. The Signa founder ...
lebensmittelzeitung.net/handel/nachrichten/persoenliches-insolvenzverfahren-benkos-glaeubiger-melden-ansprueche-in-milliardenhoehe-an-177392
Personal insolvency proceedings: Benko's creditors file claims worth ...
Profile picture of Car and Driver
Beijing Auto Show Is a Home Run, but Mostly for Domestic Brands: North America remains a forbidden land for China's automakers, but the technical advances are ...
caranddriver.com/news/a60603219/beijing-auto-show-2024-report/
Beijing Auto Show Is a Home Run, but Mostly for Domestic Brands
Profile picture of Quartz
Coca-Cola is betting AI can help it compete against Pepsi and Red Bull: Coca-Cola is working with Microsoft to “reimagine” its marketing and manufacturing
qz.com/coca-cola-ai-pepsi-redbull-retail-competition-1851435682
Coca-Cola is betting AI can help it compete against Pepsi and Red Bull
Profile picture of The Standard (Kenya)
Africa to redoubles efforts boost health safety through manufacturing: Through enhanced regional cooperation, self-sufficiency, and innovative approaches ...
standardmedia.co.ke/health/health-science/article/2001493917/africa-to-redoubles-efforts-boost-health-safety-through-manufacturing
Africa to redoubles efforts boost health safety through manufacturing
Profile picture of blackpoolgazette.co.uk
Profile picture of TechSpot
The University of Maine breaks its own record for the world's largest 3D printer
techspot.com/news/102758-university-maine-breaks-own-record-world-largest-3d.html
The University of Maine breaks its own record for the world's largest ...
Profile picture of CNBC
India 'confident' new EV policy measures will allow more foreign players to enter market
cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html
India 'confident' new EV policy measures will allow more foreign players ...
Quick Glance: Tesla's Impact on India's EV Market
  • MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.

  • According to Bain & Company, EVs constitute around 5% of India's automobile sector.

  • India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
Profile picture of The Washington Post
U.S. solar companies, imperiled by price collapse, demand protection: In a federal complaint, American companies accuse Asian firms of illegally flooding the ...
washingtonpost.com/business/2024/04/24/solar-biden-climate-china/
U.S. solar companies, imperiled by price collapse, demand protection
Profile picture of Newsweek
President Joe Biden has announced $6.1 billion in funding from the CHIPS and Science Act and $125 billion from Micron to build semiconductor manufacturing ... Show more
Profile picture of The Diplomat
Delhi’s Dilemma: A Growing Economy and Growing Unemployment: India is on its way to becoming the third-largest economy in the world, yet unemployment among young ...
thediplomat.com/2024/04/delhis-dilemma-a-growing-economy-and-growing-unemployment/
Delhi’s Dilemma: A Growing Economy and Growing Unemployment
Profile picture of Bloomberg
Toyota to Build Another All-Electric SUV in US by Investing in Indiana Plant: Toyota Motor Corp. is moving ahead with plans to manufacture and sell more electric ...
bloomberg.com/news/articles/2024-04-25/toyota-to-build-another-all-electric-suv-in-the-us
Toyota to Build Another All-Electric SUV in US by Investing in Indiana ...
Profile picture of The Jakarta Post
Pupuk Indonesia, BFI sign HoA on ammonia, urea development - Companies - The Jakarta Post
thejakartapost.com/business/2024/04/25/pupuk-indonesia-bfi-sign-hoa-on-ammonia-urea-development.html
Pupuk Indonesia, BFI sign HoA on ammonia, urea development - Companies - ...
Profile picture of The Sydney Morning Herald
Musk puts seat belts in cybertrucks. Now he must put them in cyberspace: What Elon Musk is doing is rogue even in an industry of rogues. He needs to be strapped ...
smh.com.au/politics/federal/musk-puts-seat-belts-in-cybertrucks-now-he-must-put-them-in-cyberspace-20240426-p5fms0.html
Musk puts seat belts in cybertrucks. Now he must put them in cyberspace
Profile picture of National Basketball Association
Already etching his name in T-Wolves history 👏
Profile picture of Financialexpress
Collins Aerospace looks at higher sourcing of components from India: Supportive government policies towards aerospace and defence manufacturing in India have ...
financialexpress.com/business/airlines-aviation/collins-aerospace-looks-at-higher-sourcing-of-components-from-india/3467633/
Collins Aerospace looks at higher sourcing of components from India
Profile picture of japannews.yomiuri.co.jp
Shimane: Ancient Japanese Tatara Iron Manufacturing Method Introduced; Facility Opens in Izumo
japannews.yomiuri.co.jp/features/travel-spots/20240427-182579/
Shimane: Ancient Japanese Tatara Iron Manufacturing Method Introduced; ...