Volkswagen’s Xinjiang Plant Is No Longer Making Cars Amid Human-Rights Concerns
A visit to the factory by the German car maker’s China head reignites criticism over its presence in a region...
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Elon Musk Aims to Rally Tesla Shareholders Around Long-Term Vision at Investor Day
The electric-vehicle maker is expected to discuss manufacturing plans and future products. Source link
Rivian Posts Mixed Quarterly Results, Issues New Recall
The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale...
Frackers Increase Spending but See Limited Gains
U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects. Source link
Paramount to Raise Paramount+ Prices as It Combines With Showtime
Paramount+ gained 9.9 million subscribers in the fourth quarter, boosting its customer base to nearly 56 million. Source link
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
Boeing Boosts Annual Orders and Deliveries, but Still Lags Behind Airbus
The closely followed race comes after decades of Boeing’s almost-uninterrupted dominance of the commercial aircraft market. Source link
Regulations Set to Be Issued This Year Will Determine Course of Deep-Sea Mining
Deep-sea mining for battery materials has gained significant interest over the past year, but 2023 is set to be a...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
Lawmakers Include Boeing 737 MAX Waiver in Spending Bill
The plane maker would get a reprieve from a regulatory deadline related to safety features on two new 737 MAX...
Chrysler Parent Stellantis to Stop Operations at Jeep Cherokee Factory
The car maker said it would idle the 1,350-employee assembly plant in February, resulting in “indefinite layoffs.” Source link
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
BusinessAutos & TransportationAutos IndustryResult a win for UAW, which plans campaigns at slew of U.S. battery factories slated to open...
Amazon’s Quest for the ‘Holy Grail’ of Robotics
Automating some warehouse functions could let the giant do more with its existing workforce—or the retailer may not require all...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country...
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
BusinessRecent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first Source link
Twitter Exodus Hits Teams Tasked With Regulatory, Content Issues Globally
BusinessRegulators have asked the company about its ability to comply with privacy and content laws after losing significant staff Source...
Earthquake in Top Texas Oil Region Spurs Calls for New Fracking Rules
A powerful earthquake in West Texas is drawing fresh scrutiny to frackers’ water-management operations in the nation’s hottest petroleum-producing region.A...
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors
BusinessAutos & TransportationAutos IndustryThe startup plans to use the funds to hire engineers, and will develop an electric vehicle with...
