The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S.

Graphics chip maker Nvidia said its gaming-segment sales more than halved during the fiscal third quarter and its revenue dropped 17%.

Target also unveiled a plan to save as much as $3 billion by streamlining operations, but stopped short of mass job cuts. 

Recent COVID outbreaks and the “complicated international environment” mean that “arduous efforts” will be needed to ensure economic growth stays on track in the fourth quarter.

Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 Twenty-Foot Equivalent Units (TEUs), a 25% decrease from October 2021.

Protestors are threatening to block the CPEC projects if their demands, which included banning illegal trawling in Gwadar, are not met within a week.

Even after the recent drop, warehouse and storage employment remains well above its pre-pandemic levels.

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.  

These two giants of the world economy may well be on very different economic paths. In short, the U.S. has secure access to cheap energy and Europe does not.

Retailers are dangling big sales well ahead of Black Friday, in a sharp reversal from a period in which scarcity allowed stores to charge full price for many products.