Factories and Manufacturing
Covid Workers in China Clash With Police Over Unpaid Wages, Layoffs
After China’s abrupt reversal of “zero Covid” restrictions, the nation’s vast machinery of virus surveillance and testing collapsed, even as infections and deaths surged. Now, the authorities face another problem: Angry pandemic-control workers demanding wages and jobs. In the southwestern Chinese city of Chongqing, hundreds of workers locked in a pay dispute with a Covid […]
Know More
Sweden Says It Has Uncovered a Rare Earth Bonanza
A Swedish mining company said this week that it had found Europe’s largest known deposit of coveted rare earth metals, critical to many green technologies including electric vehicles, in a far northern part of the country within the Arctic Circle. The world’s production of rare earths is dominated by China. The discovery by LKAB, a […]
Know More
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
Under the legislation, businesses receive a tax credit at every stage of the supply chain. The act includes an estimated $30 billion in production tax credits to accelerate manufacturing of solar panels, wind turbines, batteries and for the processing of critical minerals. The law also offers an investment tax credit to companies that build factories […]
Know More
Inside Intel’s Delays in Delivering a Crucial New Microprocessor
Last May, Sandra Rivera, a top executive at the chip giant Intel, got some alarming news. Engineers had worked for more than five years to develop a powerful new microprocessor to carry out computing chores in data centers and were confident they had finally gotten the product right. But signs of a potentially serious technical […]
Know More
Democrats Eye a Major Shift in How Corporations Are Taxed
WASHINGTON — At the center of the new climate and tax package that Democrats appear to be on the verge of passing is one of the most significant changes to America’s tax code in decades: a new corporate minimum tax that could reshape how the federal government collects revenue and alter how the nation’s most […]
Know More
Who’s to Blame for a Factory Shutdown: A Company, or California?
VERNON, Calif. — Teresa Robles begins her shift around dawn most days at a pork processing plant in an industrial corridor four miles south of downtown Los Angeles. She spends eight hours on her feet cutting tripe, a repetitive motion that has given her constant joint pain, but also a $17.85-an-hour income that supports her family. […]
Know More
Not Just Any Bag
This article is part of a series examining Responsible Fashion, and innovative efforts to address issues facing the fashion industry. “Plastic is not going anywhere anytime soon,” said Alex Dabagh, who started the company Anybag, its name a play on the ubiquity of plastic bags and an ode to his hometown, New York City, two […]
Know More
Climate Bill ‘Transformative’ for Auto and Energy Industries
Making electric cars more affordable. For the auto industry, one of the most important provisions in the climate bill would eliminate a cap on how many cars from each manufacturer are eligible for a $7,500 tax credit that taxpayers get for buying electric vehicles. Currently, the credits are phased out after a manufacturer has sold […]
Know More
As Congress Debated Landmark China Bill, Beijing Surged Ahead
In the weeks before the House and the Senate ended 13 months of arguments and passed the $280 billion CHIPS and Science Act, China’s main, state-supported chip maker cleared a major technological hurdle that delivered a bit of a shock to the world. Experts are still assessing how China apparently leapfrogged ahead in its effort […]
Know More