It’s the 1990s, the dawn of the Internet age — and you, like everyone you know, has a genius of a dotcom idea. Somehow, you get in to see one of the hottest venture capitalists in Silicon Valley. Your pitch, fired up and ready: You’re going to sell books over the Internet. (The VC yawns.)
Behind the daily skirmishes over tariffs, the U.S. and China are gearing up for a longer-term battle between two very different systems of innovation. To win, America may need to start using some of its rival’s weapons.
President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5bn in large installation projects, along with thousands of jobs, the developers told Reuters.
Once upon a time, a tiny creature was exposed to extraordinary forces, grew rapidly and exponentially until it became an enormous beast, smashing stores and office buildings and sending Tokyo into terror. Back in 1954, the beast was Godzilla. In 2018, we call it Amazon.
The CEO of Taiwan’s Foxconn, which assembles Apple iPhones and other products for tech companies, said Wednesday that Washington’s dispute with China is over technology rather than trade.
A worldwide escalation of the trade tensions between the U.S. and its major trading partners would have consequences for global trade equivalent to the 2008 financial crisis, the World Bank has warned.
Aircraft parts manufacturers got a rude welcome back to work Monday with the announcement that Boeing is going into business with France’s Safran to make auxiliary power units. It’s one of the more surprising developments yet in Boeing’s drive to shake up its supply chain, which has featured heavy pressure on suppliers to reduce costs, as well as moves to in-source production of such disparate elements as seats, wings and avionics components.
Several of the world's largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel bills caused by the jump in crude prices in recent months.
Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar.