Meet the Army of Robots Coming to Fill In for Scarce Workers
A new wave of robots is arriving—and, in a world short of workers, business leaders are more eager to welcome...
Industrial Goods
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had...
Israel’s Defense Industry Is Big Winner Two Years After Abraham Accords
TEL AVIV—When the United Arab Emirates was looking last year for ways to protect its high-profile World Expo from possible...
Elon Musk’s Monster Week of Juggling Twitter, Tesla and SpaceX
Even by the standards of Elon Musk, the world’s richest man and serial entrepreneur, this week was one for the...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
Intel Introduces Videogame Graphics Chips to Challenge Nvidia
Intel Corp. INTC -0.30% plans to start selling graphics chips for videogamers next month, aiming to get a piece of...
Germany Takes Control of Oil Refineries Owned by Russia’s Rosneft
BERLIN—Germany took control of the German business of Russian oil giant Rosneft Oil Co. as Berlin races to safeguard its...
GE Chief Says Supply Chain Is a Daily Challenge
General Electric Co. GE 2.15% Chief Executive Officer Larry Culp said that the company’s breakup plans are on track but...
Caterpillar Settles Tax Dispute With IRS, Will Pay No Penalties
Caterpillar Inc. said the settlement included the resolution of the disputed tax treatment of profits earned by a subsidiary from...
Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
China’s Industrial Profit Falls on Covid-19 Measures, Bad Weather
China’s industrial profit dropped in the first seven months of the year, reversing a year-on-year increase in the first half...
SpaceX, T-Mobile to Connect Satellites to Cellphones in Remote Areas
The companies said Thursday that the new service will use Starlink satellites that SpaceX plans to launch and provide connections...
Intel, Brookfield Sign $30 Billion Deal to Finance Chip Factories
Intel Corp. INTC 0.33% has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. BAM 0.14% to...
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand
Foxconn Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other consumer electronics is slowing, leading it...
Deliveries of Boeing’s 787 Dreamliner Set to Resume in Coming Days
Delivery of a Boeing 787 Dreamliner would be the first new 787 to a customer in more than a year....
Nvidia Warns of Sales Shortfall as Gaming Revenue Drops
The Santa Clara, Calif., company expects revenue of $6.7 billion for the quarter ended July 31, some 17% below the...
California DMV Accuses Tesla of False Advertising
The California Department of Motor Vehicles accused Tesla Inc. TSLA -6.63% of falsely advertising its vehicles as autonomous. The state...
Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs
Toyota TM -0.32% Motor Corp. on Thursday maintained its full-year outlook for production and operating profit, despite rising raw material...
Airbus Scraps Qatar Airways Jet Deal Amid Paint Spat
Airbus EADSY 1.94% SE has scrapped a deal valued at billions of dollars to supply Qatar Airways with 19 of...
