Honda Pours $11B into Ambitious New EV Hub in Ontario April 25, 2024 SupplyChainBrain The hub will include an EV plant, a battery plant, and a processing plant for the key materials needed to make batteries.Read More
Audit Finds 56 Companies Responsible for Half of Global Plastic Pollution April 25, 2024 SupplyChainBrain More than 100,000 volunteers collected and logged nearly 1.9 million plastic waste items in 84 countries between 2018 and 2022.Read More
Battery Recycling Shatters the Myth of Electric-Vehicle Waste April 25, 2024 Bloomberg The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint. Read More
Biden Administration Raises Salary Threshold for Overtime Pay April 25, 2024 SupplyChainBrain Starting on July 1, the threshold will increase from $35,568 to $43,888, and then again to $58,656 on January 1, 2025.Read More
Gartner Warns 'Real Risk' Supply Chain Leaders Could Misuse GenAI April 24, 2024 SupplyChainBrain Gartner warns that using GenAI to cut down on labor costs could alienate supply chain workers. Read More
Boeing Posts $355M Loss in First Quarter of 2024 April 24, 2024 SupplyChainBrain The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.Read More
NRF Urges Congress to Pass Legislation to Fight Organized Retail Crime April 24, 2024 SupplyChainBrain The NRF argues a federal response to organized retail crime is critical, as law enforcement agencies across jurisdictions often lack sufficient resources to quickly catch and prosecute retail criminals. Read More
European Parliament Approves Human Rights 'Due Diligence' Directive April 24, 2024 SupplyChainBrain The law requires select EU companies to mitigate against business practices like forced labor, pollution, and various other human rights abuses.Read More
China Wants Everyone to Trade In Their Old Cars, Fridges to Help Save Its Economy April 24, 2024 Bloomberg Four months after President Xi Jinping flagged a proposal to help households and businesses upgrade old machinery, details are still trickling out.Read More
Strong Sales for Gas Trucks, SUVs, Boost GM Profits April 24, 2024 SupplyChainBrain The auto manufacturer reported nearly $3 billion of profit in Q1, a 24% increase from that period in 2023.Read More