Factory
President Donald Trump’s tariffs are designed to provide incentives to bring manufacturing jobs back to the United States, but the goal isn’t as feasible as it appears, according to an analysis from Wells Fargo. Moving factory work back to the U.S would mean a significant increase in labor costs, which many companies simply could not […]
Reuters Apple is shifting most of its production of iPhones headed to the US from China to India Just as India showed flickers of progress toward its long-held dream of becoming the world’s factory, Washington and Beijing announced a trade “reset” that could derail Delhi’s ambitions to replace China as the global manufacturing hub. Last […]
A factory processing US hazardous waste in Mexico has promised to relocate what authorities call its “most polluting” operations following a Guardian investigation. The plant in the Monterrey . . .
Workers making Care Bears at a factory in Ankang, China. CNBC China’s factory activity slowed in January as the country gears up for fresh U.S. tariffs this month, a private-sector survey showed Monday. The Caixin/S&P Global manufacturing purchasing manager’s index came in at 50.1 in January, missing Reuters poll forecast of 50.5. Manufacturing PMI stayed […]
Taylor, Texas project is central to Samsung chairman’s growth ambitions Analysts see potential further delays for $17 bln Taylor project Samsung’s foundry market share drops, widening gap with TSMC, says research firm SEOUL, Oct 18 (Reuters) – Samsung Electronics
(Reuters) — Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowers and lawnmowers sold around the world. Headcount fell 20% to 1,600 people, and he doesn’t see business improving until 2025. The experience of the Ariens […]
Kim Jong-un at a factory ceremony and Black History Month in the US: photos of the day – Thursday The Guardian Source link
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