Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment
Updated Nov. 24, 2023 4:17 am ETNissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K....
Machinery
China’s Spending on Green Energy Is Causing a Global Glut
Listen to article(1 minute)China’s newest solar-energy manufacturers include a dairy farmer and a toy maker.The new entrants are examples of...
3M Says Business Is Improving, Boosts Earnings Guidance
Updated Oct. 24, 2023 1:05 pm ET3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance...
“Suddenly, All Of Us Started Getting Tossed”: Passengers Recall Bihar Train Accident Horror
The North East Express train was derailed in Bihar.Buxar: Coaches can be seen strewn on both sides of the track,...
Delta, Southwest Search for Jet Engine Parts Sold With Forged Safety Records
Engine makers and regulators claimed that a small broker sold dodgy spare parts that found their way onto jets. Source...
3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting...
GE Brings Good Things (Its Shares) Back to Life
The manufacturer cited strong orders for jet engines and wind turbines, sending its shares up another 6%. Source link
At 3M, Lawsuits Threaten to Transform the Company
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Airbus Sells 500 Jets to India’s IndiGo in Record Aircraft Deal
The $50 billion agreement, at list prices, opens the Paris Air Show as air travel surges. Source link
FTC Moves to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
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3M Fires Longtime Executive, Citing Inappropriate Personal Conduct
Michael Vale has worked for the company for more than 30 years. Source link
America’s Factory Boom Drives Sales Surge for Excavators, Steel and Trucks
Construction of semiconductor and battery factories helps Caterpillar, Nucor and other manufacturers plow past economic uncertainty and rising interest rates....
Caterpillar Lifts Sales With Higher Prices as Demand Holds Strong
The construction-equipment maker said sales volumes rose in the first three months of the year, though services sales volumes fell....
Stanley Black & Decker to Close Texas, South Carolina Plants
BusinessTool maker says moves will affect 357 employees; 80 jobs will be added at Tennessee facility Source link
Europe Unveils Clean-Tech Plans in Bid to Rival U.S., China
The European Commission’s proposals are aimed at making its industries more globally competitive in emerging environmental sectors. Source link
Caterpillar Commits to Not Closing Union Plants Under New Contract
A tentative six-year pact with the United Auto Workers also provides raises and bonuses for about 7,000 workers in Illinois...
Hotels, Booking Sites Say Americans Will Keep Traveling in 2023
Travel companies say leisure spending continues despite higher costs. Source link
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
Toyota Rethinks EV Strategy With New CEO
Jan. 29, 2023 11:33 am ETListen to article(2 minutes)Toyota’s chief executive always said he wasn’t a skeptic about electric vehicles—he...
