Value investor Edgar Wachenheim III’s Greenhaven Associates recently made major changes in its investments. Greenhaven increased its stakes in Citigroup (ticker: C) and home builder PulteGroup (PHM), ...
Tag: manufacturing
$28 Billion In New Clean Energy Manufacturing Investments Announced Since Inflation Reduction Act Passed
The Inflation Reduction Act is the most important climate legislation in United States history, but will it actually generate private investment in new manufacturing? In a word, absolutely. Roughly $2...
The Origin Of The Rust Belt – Part 1
In our new book Taxes Have Consequences: An Income Tax History of the United States, my co-authors Arthur Laffer, Jeanne Sinquefield, and I devote two chapters to the states and their imposition of ne...
PVC Prices Are Falling. Why Warren Buffett Should Be Worried.
One thing leads to the other. Rising interest rates pummel housing. Lumber prices fall, some 60% this year. And, notes energy research firm and investment bank Tudor Pickering Holt, PVC—the plastic th...
Apple’s manufacturing moves away from China are a drop in the ocean
Apple is slowly moving manufacturing away from China. Production centers are popping up in Mexico, India, Vietnam, as well as the US, according to a new report in the Wall Street Journal, which cites ...
Ford’s EV Sales Nearly Tripled in September. The Stock Is Surging.
Ford Motor sales fell 9% in September but electric-vehicle sales almost tripled with the auto maker’s F-150 Lightning remaining the best-selling EV pickup truck in the U.S. The automaker said total ...
Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.
Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about...
Stock Market Gains After Mixed Manufacturing Reports, War In Ukraine Escalates
The stock market gained on Monday after mixed manufacturing data for September. OPEC+ may cut oil production as the war in Ukraine showed no signs of easing. Oil giants Chevron (CVX) and Exxon-Mobil (...
Stocks bounce, dollar tanks as ISM Manufacturing misses expectations
The new trading week and month started with a risk-on tone, as stocks bounced from their lows. The reason? Worse-than-expected US economic data. As ironic as it may sound, poor economic data is bullis...
Ford, Rivian, GM: Concern About Outlook for Carmakers Piles Up
Life for the car manufacturers is becoming tougher as the economic slowdown worsens. A perfect storm of prepandemic difficulties made worse by covid-19 appears to be forming. Demand for cars is likel...
Composability Is The Key To A Sustainable Future For Manufacturing
By Natan Linder and Erik Mirandette African american young woman working at an assembly production of water pumps at a factory – … [+] Incidental people at background getty Anyone who has ...
Altria to Invest in Rival Vaping Products. Ends Noncompete Agreement With Juul.
Altria on Friday said it’s looking to end its noncompete agreement with Juul, the e-cigarette maker in which it owns a stake. This will give the maker of Marlboro cigarettes a chance to start up its o...
Core PCE rises to 4.9%; US Jobs report, manufacturing data in next week’s economic calendar
The Bureau of Economic Analysis (BEA) release published today showed that the core personal consumption expenditures price index (PCE) inflation unexpectedly rose to 4.9% Y-o-Y above July’s upward rev...
Is 3D Printing The Sustainable Manufacturing Solution?
The world’s largest jet engine, the GE9X developed by GE Aviation, has six 3D-printed parts inside … [+] and boasts 12% lower fuel consumption and 10% lower operating costs than competing engine...
Vast Majority Of Manufacturers Plan Price Increases In 2023, According To New Poll By Forbes, Xometry And Zogby
Most Manufacturers Say They’ll Continue Hiking Prices Into 2023 As Inflation Persists. Inflation has been rising, and if the expectations of manufacturing CEOs is an indication, it’s not going to let ...
Four Takeaways From America’s $280 Billion Industrial Policy To Counter China
Last month, President Biden signed the $280 billion industrial policy bill known as the Chips Act. It’s been long discussed as an answer to the computer chip shortages that have devastated the supply ...
Apple to Begin Manufacturing iPhone 14 Models in India, AAPL Stock Up
India is the world’s second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to d...
Solar Panels Don’t Power Your Home and Other Insights From an Energy CEO
Text size Generac stock is down 51% year to date. Andreas Rentz/Getty Images Powering a home is getting more complicated as outages rise and options—such as solar panels, generators, and batteries—pro...
Ford Stock Is Still a Buy, Despite Supply Issues. Here’s Why.
Ford’s truck business is one heck of a business. Courtesy Ford Text size Ford Motor stock tumbled this past week after the company warned of continued parts shortages, but Wall Street doesn’t seem wor...
Abortion Access Influences Location Decisions For One In Five U.S. Manufacturing CEOs, According To Forbes-Zogby Poll
Two of Indiana’s biggest employers said last month that they’d think twice about expanding facilities in the state after the legislature passed a near-total ban on abortion. A new poll shows that, nat...
Pepsi Reportedly Stops Manufacturing Sodas In Russia—Joining Global Food Giants Leaving Amid Ukraine Invasion
Topline Beverage giant PepsiCo has stopped manufacturing several of its popular soda brands in Russia, Reuters reported on Tuesday, a move that comes a month after the bottler of its chief rival Coca-...
U.S. Stocks Poised for Mixed Open on Monday
Stocks were poised for a mixed open in New York on Monday ahead of the Federal Reserve’s monetary policy meeting. (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S....
Three Ways Manufacturers Can Strengthen Work Relationships (And Fight Against “Quiet Quitting”)
If you scrolled a news feed over the last month, you undoubtedly saw “quiet quitting” everywhere. The social media-fueled phenomenon of workers doing the bare minimum to keep a paycheck, while mentall...
XPeng Stock Is About to Go Higher, Says Analyst
Text size XPeng stock can gain in coming months, according to Deutsche Bank analyst Edison Yu. Hector Retamal/AFP via Getty Images Sometimes timing is everything. And Deutsche Bank believes now is the...