(Bloomberg) — Europe’s industrial heartland faces a potential exodus as manufacturers of German car parts, chemicals and steel struggle to absorb power prices that rocket to new highs almost eve...
Tag: Factory
Inside The Content Factory Behind ‘The Tonight Show,’ Which Just Hit 30 Million Subscribers On YouTube
THE TONIGHT SHOW STARRING JIMMY FALLON — Episode 1697 — Pictured: (l-r) Singer Madonna during an … [+] interview with host Jimmy Fallon on Wednesday, August 10, 2022 Todd Owyoung/NBC On Friday, ...
Varda signs NASA partnerships for space factory demo flight next year
Varda co-founders Varda Space Industries Early stage Varda Space Industries has signed a pair of agreements with NASA, the company announced Friday, securing access to key technologies the company wil...
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...
How One Big Factory Did It
GE Appliances is working to hire 1,000 people at its Louisville factories by 2023. Its secret weapon in a competitive job market: A recent program to hire Afghan refugees, immigrants and others for wh...
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...
First Solar Rejects US Site for New Factory, Eyes Europe or India Instead
(Bloomberg) — First Solar Inc. has decided against building a new factory in the US, citing uncertainties regarding trade policy and tax incentives. Most Read from Bloomberg The biggest US solar...
U.S. may lose silicon wafer factory if CHIPS Act isn’t funded
U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Cong...
China’s world’s factory tag threatened by Vietnam, but ‘there’s nothing to worry about’, analysts say
Worries that Vietnam could replace China to become the new manufacturing powerhouse are overstated, according to analysts, despite lockdowns and stringent coronavirus restrictions shifting orders to S...
This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic
In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...
New Skoda Factory Shows Dilemma Of Traditional Carmakers In EV Revolution
Disruptive EV manufacturers such as Tesla have it easy. With no legacy market to service, they can go all out producing electric cars and not worry about what might happen to the conventional vehicle ...
Lucid Group to build first factory outside the U.S. in Saudi Arabia
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images U.S. electric vehicle maker Lucid Group wi...
Lordstown Motors factory sale to Foxconn closes
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electr...
Tesla Could Reopen Its Shanghai Factory Next Week: Report
Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...
Discovery, Merck, Carnival, Broadcom, and Other Stocks to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Tesla’s Token Rises Despite Shanghai Factory Shutdown
Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg report...
Tesla Crypto Rises Despite Shanghai Factory Shutdown
Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg report...
Discovery, Merck, Carnival, Broadcom, and Other Stocks for Investors to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
GM keeps plants running in China by asking workers to live in factory, sleep on floors
DETROIT – As the biggest city in China goes on lockdown, General Motors is taking extreme measures to keep new car production going, including asking workers to sleep on factory floors. Leaders in Sha...
Billionaire Sukanto Tanoto Invests $2.3 Billion In Environmentally Friendly Paperboard Factory
Sukanto Tanoto Courtesy of Royal Golden Eagle Group Asia Pacific Resources International Limited (April Group)—controlled by billionaire Sukanto Tanoto—began building a 33.4 trillion rupiah ($2.33 bil...
Vietnam’s VinFast to invest $2B in North Carolina EV factory
VinFast, the Vietnamese automaker under Vingroup, said Tuesday it will build its first U.S. factory in North Carolina, part of the company’s previously stated plans to invest and expand in the c...
Tesla Shanghai Factory to Remain Closed Today to Adhere with Covid Restrictions
During the fourth quarter of 2021, Tesla produced over 305,000 EVs and made deliveries of over 308,000. As China authorities fight a major Covid resurgence wave, Tesla Inc (NASDAQ: TSLA) Shanghai fact...
Why iPhone Assembler Foxconn Might Build A $9 Billion Factory In Saudi Arabia
Terry Gou, founder of Foxconn. Simon Song/South China Morning Post via Getty Images Foxconn, the world’s largest contract assembler of consumer electronics, is in talks with Saudi officials about the ...
Dongguan factory center locks down
Aerial view of people queuing up for COVID-19 nucleic acid testing on February 26, 2022, in Dongguan, Guangdong province. Vcg | Visual China Group | Getty Images BEIJING — China’s worst Covid-19...
Tesla factory in Germany gains conditional approval for production
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Pa...
Intel stock up 4% as talks of planned Ohio factory gains impetus: here is where to buy it
After a drastic fall between January 14 and February 23 this year, the price of Intel stock is once again rising as talks of its planned mega factory in Ohio gathers momentum. The Intel stock had been...
In A New Relationship, Shout! Factory Delivers Cult TV Favourites To THETA.tv
They’re thrilled to be expanding our channel reach to the Theta audience, said Gene Pao, Shout! Factory’s senior vice president, digital enterprises. Shout! Factory TV and MST3K have proved great appe...
Rivian stock rises amid plans to set up a factory in Georgia: you can buy the stock here
Rivian has been in the limelight for lots of good news recently; something that has caused the price of the Rivian stock to start rising. The news making headlines at the moment about Rivian is their ...
Why Taiwan’s UMC Is Building A $5 Billion Chip-Making Factory In Singapore
A silicon wafer. Krisztian Bocsi/Bloomberg Taiwan’s United Microelectronics Corp. plans to invest $5 billion in a chip-making factory in Singapore, the company’s second in the city-state, amid surging...
‘Freedom Convoy’ Covid Protests Force Car Factory Shutdowns And Spread Around The World
Topline Some of the world’s biggest carmakers have been forced to close factories as anti-pandemic restriction protests continue to snarl supply chains and block the busiest route linking Canada to th...