Industry

General Motors and Hyundai announced a combined $8 billion in new investments for battery plants in the U.S. in an effort to meet EV tax credit requirements.

A paper mill that has operated in Canton, North Carolina, for over a century announced it will be shutting down, leaving the local community devastated.

While Forbes lists Elon Musk’s overall worth at $168.7 billion, data compiled by the Dow Jones Market Data Group shows Musk earned $11.98 billion over the last seven days from his Tesla holdings.

The organizing of labor unions at Amazon factories that took off during the pandemic might stall as turnover makes getting the votes needed more difficult.

Ram is recalling 1.23 million pickups in the U.S. that may have a defect which could prevent their tailgates from closing completely and allow them to open unexpectedly.

Occupational Safety and Health Administration is fining Caterpillar Inc. after one of its workers fell into a pot of molten iron and was "immediately incinerated."

Rising cost pressures over the last few months have hampered fixed-price contracts for aerospace and defense firms, prompting an industry body to ask Congress for inflationary relief.

Experts share ways that presenters and attendees can make the most of trade shows for work. Advice includes using technology to best advantage and planning ahead to send the best team possible.

Toyota President Akio Toyoda said he did a "happy dance" after the company outsold General Motors in the U.S. in 2021 and remains steadfast in its future plans.

GAF, a unit of privately held Standard Industries of New York, is investing $146 million into a new Georgia factory. The factory will create 135 new jobs.

After more than two years of work-from-home policies, some Wall Street firms have determined it's time for employees to return to the office after Labor Day.

An investment group managing nearly $10 trillion has announced last week that they will begin applying pressure on companies to better manage their water use amid a global drought.

Boeing and Northrop are joining a White House-backed compact to help increase the number of advanced manufacturing programs across the U.S.

A COVID outbreak at one of Toyota's Japanese factories has led to night shift production being shut down. This comes after a slow second quarter for Toyota.

Across the country, steel production is expected to increase due to a new federal mandate that prioritizes U.S. steel over foreign alternatives. Starting May 14, all federally funded infrastructure is required to use U.S.-made steel and iron.

Rep. Ro Khanna told Fox News that the China competition bill Congress is working on could address supply chain issues causing inflation.

Two lots of Disney-themed hand sanitizers have been recalled due to carcinogen presence.

The deadline for requiring U.S. workers to be vaccinated or tested weekly for COVID-19 is fast approaching, but uncertainty about how legal fights over the mandate will play out has left companies in limbo on how best to prepare.

Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.

Parts of downtown Des Moines have been so transformed in the past decade by new apartments, trendy shops and microbreweries, it’s sometimes hard to reconcile the present with the not-so-distant past. But one strong reminder of the city's heritage remains: the stench.