GM, Hyundai investing $8B in new US battery plants
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.
Century-old NC paper mill that employs 1,100 to abruptly close, mayor says small town's soul being ripped out
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.
Elon Musk banks almost $12B of Tesla money in seven days
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.
Unionization stalls at Amazon as turnover, company efforts stymie activism
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 recalling 1.23 million pickups for tailgate trouble
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.
Caterpillar fined $145K after worker falls into pot of molten iron and is ‘immediately incinerated,’ OSHA says
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."
Boeing takes $2.8B hit in defense business, keeps cash flow goal
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.
Technology, smart planning are career keys to making the most of a trade show
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 did a 'happy dance' after beating GM in sales, remains skeptical about all-electric future
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.
Roofing company, GAF, opening factory in Valdosta, Georgia
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.
Wall Street firms set Labor Day as benchmark for return to in-office work
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.
Global drought leads to investors pressuring companies to better manage their water use
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 join White House-backed program to increase advanced manufacturing
Boeing and Northrop are joining a White House-backed compact to help increase the number of advanced manufacturing programs across the U.S.
COVID outbreak at Japanese Toyota factory causes production to slow
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.
US steel industry prepares to deliver on Biden’s domestic steel mandate
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.
China bill could ease supply chain issues causing inflation, help US compete in 'dangerous world': Khanna
Rep. Ro Khanna told Fox News that the China competition bill Congress is working on could address supply chain issues causing inflation.
Disney hand sanitizers recalled due to Benzene and Methanol presence
Two lots of Disney-themed hand sanitizers have been recalled due to carcinogen presence.
Vaccine mandate legal challenges muddy the waters for employers preparing to implement rules
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.
Carmakers get inventive as global chip crisis bites
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.
Dinner on the patio? First, hold the stench
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.