Apple Inc. likes to say it supports two million U.S. jobs. Plans by the company's main manufacturing partner for a $10bn factory in Wisconsin will add at least 10,000 more, helping Apple fend off the threat of import tariffs on its most important product, the iPhone.
Two Norwegian companies are taking the lead in the race to build the world's first crewless, autonomously operated ship, an advance that could mark a turning point in seaborne trade.
The immense pay packages bestowed on corporate chieftains are often said to reflect feats of management that enrich company shareholders. An executive's masterly performance justifies the compensation, in other words.
Two proposed policy changes - imposing a border adjustment tax (BAT) and withdrawing from the North American Free Trade Agreement (Nafta) - would likely fail to achieve their goal of reversing the trend of offshoring manufacturing to low-cost countries and could potentially harm the U.S. motor vehicle industry, according to a new study by The Boston Consulting Group (BCG).
The general public is well aware of the continuing development of autonomous vehicles - the media constantly provides stories on the advances of these self-driving cars, trucks and cabs. While not receiving the same media amount of coverage, the technology for autonomous ships is also rapidly developing.
Nevada has approved an emergency regulation aimed at solving a marijuana shortage by expanding who is allowed to transport the drug from cultivation facilities to retail dispensaries.