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GE Stock Hasn’t Rallied Like This Since Bill Clinton Was President.: General Electric stock is on a once-in-a-generation winning streak. Next week will be big.
barrons.com/articles/ge-stock-price-vernova-aerospace-spinoff-95bf7694
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GE Stock Hasn’t Rallied Like This Since Bill Clinton Was President.: General Electric stock is on a once-in-a-generation winning streak. Next week will be big.
barrons.com/articles/ge-stock-price-vernova-aerospace-spinoff-95bf7694
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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/
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/
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/
EXCLUSIVE: SpaceX reported 5.9 injuries per 100 workers in 2023 at its Brownsville, Texas, manufacturing-and-launch facility, surpassing its rate of 4 ...
reut.rs/3WaJa5f
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/
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.
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/
Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties: Apple CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam ...
reut.rs/3UixyMj
Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas
trib.al/UAwSwpn
Boeing in the spotlight as Congress calls a whistleblower to testify about defects in planes
apnews.com/article/boeing-whistleblowers-safety-senate-hearings-f8354ddddc6372e3337cd74b9ea264e3
Apple CEO says company is 'looking at' manufacturing in Indonesia: Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with ...
apnews.com/article/indonesia-apple-tim-cook-jokowi-supply-chain-64670d385fdde4643429b2e76fdb951f
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/
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/
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/
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.
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
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.
Boeing Crash Families Urge U.S. to Prosecute the Company: Financial losses continue to increase as some survivors of two 737 crashes say the company should face ...
inc.com/associated-press/boeing-crash-families-urge-us-to-prosecute-company.html
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.
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/
Intel says manufacturing problems are hindering hot Core Ultra sales: Intel's on track to exceed AI PC shipment predictions, based on soaring sales of the ...
pcworld.com/article/2315592/intel-says-manufacturing-problems-are-hindering-hot-core-ultra-sales.html
GE Vernova Stock Falls After Earnings Beat. That Makes Sense.: GE Vernova stock is down after the company reported better-than-expected first-quarter results ...
barrons.com/articles/ge-vernova-earnings-stock-price-2fee4d23
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Warren Buffett Built Berkshire. What Happens When He’s No Longer There?: Questions are swirling about succession, a possible dividend, even a breakup of the ...
barrons.com/articles/berkshire-hathaway-stock-price-warren-buffett-succession-4ab47394
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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
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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
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
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.
US solar panel makers seek import tariffs to protect new domestic factories: Some of the world's largest solar equipment makers on Wednesday asked President Joe ...
reuters.com/business/energy/us-solar-panel-makers-seek-new-tariffs-protect-domestic-factories-2024-04-24/
Big San Jose manufacturing and industrial project pushes forward: A big manufacturing and industrial complex in San Jose that could accommodate hundreds of jobs ...
mercurynews.com/2024/04/25/san-jose-real-estate-build-develop-economy-manufacture-industry-tech/
Quick Glance: Major San Jose Manufacturing and Industrial Project Progresses
- A large manufacturing and industrial complex in San Jose, potentially accommodating hundreds of jobs, is planned for vacant land in San Jose.
- The project is set to be built at 865 Embedded Way in San Jose, on a 10.2-acre site, as indicated by city planning documents.
- Development plans include an 'industrial manufacturing building' totaling about 121,400 square feet, based on records at San Jose City Hall.
- The project site is located east of U.S. Highway 101 between the freeway interchanges with Hellyer Avenue and Silver Creek Valley Road.
Should US manufacturing policy embrace job restoration or retraining? : An important question is unresolved: Namely, does the focus on increasing manufacturing ...
thehill.com/opinion/finance/4621596-should-us-manufacturing-policy-embrace-job-restoration-or-retraining/
Accruent Sets New Benchmark for Regulatory Compliance in Manufacturing: Accruent’s compliance solution offers integrated CMMS and EDMS designed to meet FDA ...
automation.com/en-us/articles/april-2024/accruent-sets-new-benchmark-regulatory-compliance
Visitors can take a firsthand look at how Winnebago RVs are built in Forest City: Winnebago Industries will once again be offering visitors a chance to tour its ...
desmoinesregister.com/story/money/business/2024/04/26/winnebago-invites-visitors-for-factory-tours-in-forest-city/73452096007/
Honda to build electric vehicles and batteries in Ontario, says source: Honda will build electric vehicles and their parts in Ontario with financial support from ...
reuters.com/business/autos-transportation/honda-build-electric-vehicles-batteries-ontario-says-source-2024-04-22/
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
GE Stock Rises Above 2008 Levels. Wall Street Is Staying Bullish.
barrons.com/articles/ge-stock-wall-street-bullish-ae94bab6
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Boeing’s $3.9 billion cash burn adds urgency to revival plan: Boeing ended the reporting period with $7.5 billion in cash and short-term securities ...
bloomberg.com/news/articles/2024-04-24/boeing-s-3-9-billion-cash-burn-adds-urgency-to-quality-reboot
Manhattan DA Alvin Bragg puts YouTube on notice for online ghost gun tutorials: Bragg said the site’s algorithm has persistently pushed ghost gun content despite ...
nydailynews.com/2024/04/24/manhattan-da-bragg-puts-youtube-on-notice-for-online-ghost-gun-tutorials/
Electric vehicle 'workforce hub' coming to Michigan, White House says: The effort is meant to train workers, especially ones without college degrees ...
detroitnews.com/story/business/autos/2024/04/25/electric-vehicle-workforce-hub-coming-to-michigan-white-house-says/73457289007/
Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...
ctvnews.ca/business/monthly-earnings-rise-payroll-employment-falls-jobs-report-1.6861362
Ringgit rebounds on softer US$ after PMI data: KUALA LUMPUR: The ringgit rebounded in early trade Wednesday as the US dollar retreated after S&P Purchasing ...
thestar.com.my/business/business-news/2024/04/24/ringgit-rebounds-on-softer-us-after-pmi-data
Elon Musk puts off India visit to ‘later’, Internet says, ‘No rush! We'll hold off on chai-samosa plans’ | Mint
livemint.com/news/elon-musk-india-visit-pm-modi-postpone-tesla-obligations-internet-reactions-indian-market-starlink-usa-ev-manufacturing-11713593300954.html
This Steel Maker’s Buyback Backfired. How Not to Get Burned.: Problems at Cleveland-Cliffs and 3M highlight the dangers when chasing high dividend yields ...
barrons.com/articles/3m-cleveland-cliffs-buyback-dividends-c646c1d3
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India’s Economic Activity Continues to Expand, Flash PMIs Show: India’s economic activity continued to expand in April, driven by strength in both the services ...
bloomberg.com/news/articles/2024-04-23/india-s-economic-activity-continues-to-expand-flash-pmis-show
US business activity cools in April; inflation measures mixed: U.S. business activity cooled in April to a four-month low due to weaker demand ...
reuters.com/markets/us/us-business-activity-cools-april-inflation-measures-mixed-2024-04-23/
Opinion | The Boeing Just-So Story: Aviation romantics aren’t helping a troubled company get back on track.
wsj.com/articles/the-boeing-just-so-story-flight-travel-2b239a61
Eli Lilly to acquire manufacturing facility from Nexus Pharma: Eli Lilly said on Monday that it will acquire a manufacturing facility from Nexus Pharmaceuticals ...
reuters.com/business/healthcare-pharmaceuticals/eli-lilly-acquire-manufacturing-facility-nexus-pharma-2024-04-22/
Japan PMIs Improve as Weak Yen (JPY USD) Intensifies Price Pressure: Key gauges of Japan’s manufacturing and service activity improved in April to their highest ...
bloomberg.com/news/articles/2024-04-23/japan-s-pmis-improve-even-as-weak-yen-intensifies-price-pressure
10 stocks to buy to profit off human-like robots: The US is home to the most suppliers that manufacture service robots.
businessinsider.com/10-stocks-to-profit-off-demand-for-human-like-robots-2024-4
What investors should know about the UAW's organizing drive of VW: The historic vote could have wide-ranging impacts on other automakers, organized labor and the ...
cnbc.com/2024/04/22/uaw-vw-organizing-drive-what-investors-should-know.html
First Buy America-compliant broadband products are made in Kenosha County: First Buy America-compliant broadband electronics are made in Kenosha County for Nokia ...
jsonline.com/story/money/business/2024/04/24/first-nokia-buy-america-compliant-electronics-made-in-kenosha-county/73418658007/
Cleveland-Cliffs CEO Cooking Up Plan B for Idled West Virginia Plant: Lourenco Goncalves is looking to help solve the country’s electric transformer shortage.
industryweek.com/leadership/companies-executives/news/55020433/cleveland-cliffs-ceo-cooking-up-plan-b-for-idled-west-virginia-plant
Whether they make bikes or boots, pans or purifiers, manufacturers find ease of mind back in U.S.
jsonline.com/story/news/2024/04/24/manufacturers-find-more-quality-control-by-making-products-in-u-s/72335045007/
Vinyl in the Sun: Inside the First Solar-Powered Record Pressing Plant in the U.S.
rollingstone.com/music/music-news/audiodrome-record-pressing-solar-powered-vinyl-1235008286/
Arlington could score 3 company headquarters this week: The city of Arlington has the opportunity to score three headquarters this week between E-Space Inc. ...
dallasnews.com/business/real-estate/2024/04/23/arlington-could-score-three-company-headquarters-this-week/
Elon Musk gives Wall Street what it wants, but more pain could be around the corner
marketwatch.com/story/elon-musk-gives-wall-street-what-it-wants-but-more-pain-could-be-around-the-corner-2c99de74
Alcoa Stock Rises. It Still Isn’t a Buy.
barrons.com/articles/alcoa-stock-buy-sell-0c6a80c9
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Miles of optical fiber crafted aboard ISS marks manufacturing first: ZBLAN fibers made in space hopefully don't crystallize and are far less brittle ...
theregister.com/2024/04/23/miles_of_fiber_optic_lines/
How Ozempic Is Transforming a Small Danish Town: In Kalundborg, population under 17,000, Novo Nordisk is making huge investments to increase production of its ...
nytimes.com/2024/04/20/business/ozempic-denmark-novo-nordisk.html
3 Stocks That Look Ready to Rally in a Recovering Market: Shares of Netflix, Monster Beverage, and Linde have lagged behind the bull market’s winners ...
barrons.com/articles/netflix-stock-monster-linde-rally-cae44ff9
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Here's why you might see purple streetlights around San Antonio: A manufacturing defect found in LED street lamps is causing purple lights ...
expressnews.com/news/article/violet-streetlights-19371429.php
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Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
Everlane's Sustainability Chief on 3 Ways to Avoid Greenwashing: As the FTC is ramping up efforts to prevent deceptive marketing around companies and their ...
inc.com/chloe-aiello/everlanes-sustainability-chief-on-3-ways-to-avoid-greenwashing.html
Boston Dynamics to offer commercial version of Atlas robot: The Waltham company said its new robot is electric powered and able to lift heavy items ...
bostonglobe.com/2024/04/17/business/boston-dynamics-robot-atlas-commercial/
Quick Glance: Boston Dynamics unveils eerie new fully electric humanoid robot
- Boston Dynamics has revealed a new humanoid robot named Atlas capable of complex movements.
- This model is the company's first fully electric model and boasts a wider range of motions than its predecessors.
- Atlas features advanced AI tools like machine learning and computer vision to learn from its own actions.
- The robot is being tested by Hyundai and is expected to be deployed in various applications in the coming years.
Weaker rupiah, high oil prices hit RI manufacturing sector - Economy - The Jakarta Post
thejakartapost.com/business/2024/04/18/weaker-rupiah-high-oil-prices-hit-ri-manufacturing-sector.html
Intel bets its future on exotic, expensive tool that shoots lasers hotter than the sun
oregonlive.com/silicon-forest/2024/04/intel-bets-its-future-on-exotic-expensive-tool-that-shoots-lasers-hotter-than-the-sun.html
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Apple Considers Expanding Manufacturing Base to Indonesia: Apple CEO Tim Cook said the company is "looking at" potential manufacturing opportunities in ...
macrumors.com/2024/04/17/apple-considers-manufacturing-base-indonesia/
Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
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Ahead of Elon Musk’s visit, Centre notifies raised FDI limit in space sector: The notification allowed 100% foreign direct investment into the category of ...
scroll.in/latest/1066787/ahead-of-elon-musks-visit-centre-notifies-raised-fdi-limit-in-space-sector
China’s better economic growth hides reasons to worry: The country’s leaders are too complacent about deflation
economist.com/finance-and-economics/2024/04/16/chinas-better-economic-growth-hides-reasons-to-worry
Formlabs' new 3D printers are faster and cheaper to use: Formlabs says its new printers can crank out a prototype in under two hours.
engadget.com/formlabs-new-3d-printers-are-faster-and-cheaper-to-use-130008859.html
Could a new solar facility in The Colony help protect Texas’ overstressed power grid?
dallasnews.com/business/2024/04/19/could-a-new-solar-facility-in-the-colony-help-protect-texas-overstressed-power-grid/
Apple mulls building first production facility in Indonesia - Companies - The Jakarta Post
thejakartapost.com/business/2024/04/17/apple-mulls-building-first-production-facility-in-indonesia.html
Apple to 'look at' Indonesia manufacturing, Tim Cook tells Jokowi: JAKARTA/PALO ALTO, California -- Apple CEO Tim Cook said the iPhone maker will "look ...
asia.nikkei.com/Location/Southeast-Asia/Indonesia/Apple-to-look-at-Indonesia-manufacturing-Tim-Cook-tells-Jokowi
Iowa board awards millions in incentives for construction of Daisy dairy plant in Boone
desmoinesregister.com/story/money/business/2024/04/19/daisy-brand-dairy-plant-boone-iowa-incentive-package-iowa-economic-development-authority/73381295007/
🔊 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 ...
reut.rs/3QbOd1r
This Chemicals Stock Is Ready to Power Higher. Clean Hydrogen Is Helping.: Air Products and Chemicals got slammed after it reported first-quarter earnings ...
barrons.com/articles/chemicals-stock-power-higher-clean-hydrogen-e9cca5b2
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Rivian Stock Can Rally, Says Analyst. Look Out Short Sellers.
barrons.com/articles/rivian-stock-rally-wall-street-f126b10b
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Virginia panel approves incentives for semiconductor and battery projects: A Virginia legislative panel unanimously approved state incentive packages on Thursday ...
richmond.com/news/state-regional/government-politics/virginia-micron-semiconductor-chips-lynchburg-batteries/article_973cc5fa-fda5-11ee-99bd-076706ef8fb7.html
Centre Notifies New FDI Rules For Space Sector Ahead Of Elon Musk's Visit: The notification comes days ahead of the scheduled visit of Tesla CEO Elon Musk ...
ndtv.com/business-news/centre-notifies-new-fdi-rules-for-space-sector-ahead-of-elon-musks-visit-5463497
Whistleblower Accuses Boeing of Manufacturing ‘Defective Airplanes’: Whistleblowers accused the aviation giant of knowingly taking shortcuts in production that ...
usnews.com/news/national-news/articles/2024-04-17/whistleblower-accuses-boeing-of-manufacturing-defective-airplanes
Hewlett Packard Enterprise starts deployment of Made-in-India servers: In July last year, HPE revealed its make in India plans in partnership with VVDN ...
business-standard.com/companies/news/hewlett-packard-starts-large-scale-deployment-of-made-in-india-servers-124041600800_1.html
Varroc appoints Fritz Abraham as CTO for India operations: In his new role, Abraham will report to Arjun Jain, CEO, Varroc, and will be responsible for ...
financialexpress.com/business/express-mobility-varroc-appoints-fritz-abraham-as-cto-for-india-operations-3457468/
Biden Won’t Let Unfair Trade Undercut US Clean Energy, Podesta Says: The administration will protect domestic EV, battery and solar manufacturing from China’s ...
bloomberg.com/news/articles/2024-04-16/biden-won-t-let-unfair-trade-undercut-us-clean-energy-podesta-says
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US watchdog to look into FAA's oversight of Boeing 737, 787 manufacturing, Semafor reports
reut.rs/4cYRif7
Apple’s Tim Cook Is in Indonesia. The Visit Is All About China.: Apple CEO Tim Cook says ‘the investment ability in Indonesia is endless’ during a visit to the ...
barrons.com/articles/apple-iphone-china-indonesia-stock-price-c97c2711
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Redevelopment of Coors manufacturing site in heart of Golden begins: The first phase of a project that will transform a large industrial site in the heart of ...
denverpost.com/2024/04/17/coorstek-project-underway-in-golden-clayworks/
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