Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...
Tag: Capacity/Facilities
Tesla reports record deliveries, but numbers are still shy of analysts’ targets
Tesla Inc. reported record quarterly deliveries on Sunday. but the number still disappointed analysts. Tesla said it produced over 365,000 vehicles in the just-completed third quarter, and made more t...
China’s Factories Accelerate Robotics Push as Workforce Shrinks
China installed almost as many robots in its factories last year as the rest of the world, accelerating a rush to automate and consolidate its manufacturing dominance even as its working-age populatio...
Here are some of the Bed Bath & Beyond stores slated to close soon
Struggling Bed Bath & Beyond Inc. has released a list of dozens of stores it aims to close. The home-goods retailer BBBY, +0.34% and most recent “meme stock” has been reducing the number of its st...
Shopify Announces Changes in Top Leadership
Text size The company announced a 10% cut to its workforce in July. Dreamstime Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months af...
Bed Bath & Beyond Finance Chief Gustavo Arnal Found Dead
By Ginger Adams Otis and Ryan Felton Updated Sept. 4, 2022 7:00 pm ET Listen to article (2 minutes) Bed Bath & Beyond Chief Financial Officer Gustavo Arnal was found dead Friday after falling from...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace. American companies are on pace to reshore, or return to the U.S., nearly 350,000 jobs this year, according to a report...
What a Chinese Blockade of Taiwan Would Mean for Global Business
Beijing considers Taiwan, a democratically ruled island near mainland China, as part of its territory. When U.S. House Speaker Nancy Pelosi visited Taiwan this month to support its government, Beijing...
America’s New Energy Crisis – WSJ
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...
Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries
U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people fa...
Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.
Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with their own rising costs. Lower-cost oatmeal, pickles, granola bars...
It’s a Bear-Market Rally. Whether it Lasts Depends on the Fed.
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Powell the Volckerizer? Intraday Strategy Edge Eve...
Boeing Poised to Increase 787 Production Once Deliveries Resume
FARNBOROUGH, England—Boeing is preparing to increase production of its 787 Dreamliner soon after U.S. air-safety regulators allow the aircraft to resume deliveries, according to a person close to the ...
CATL Might Bring Battery Capacity to America With Mexico Plant, Report Says.
Text size Contemporary Amperex Technology is the largest and most valuable battery maker. Qilai Shen/Bloomberg The electric-vehicle battery giant Contemporary Amperex Technology might be readying its ...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...
Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity
Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...
California Truckers Struggle to Comply With New Employment Law
Trucking companies and truck owner-operators are scrambling to figure out how to operate under a new California law that toughens definitions of nonemployee drivers, upending decadeslong practices tha...
Strike at Machinery Maker CNH Industrial Grinds On as Talks Stall
Negotiations between CNH Industrial NV and the equipment maker’s striking workers have hit a stalemate, deepening supply-chain problems with farm and construction equipment. Bargaining sessions betwee...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
U.S. Stocks Poised to Fall on Monday
Stocks are set to open lower on Monday ahead of another busy earnings week. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S. stocks are se...