Latest Production facilities News
Here's why this year's Super Bowl beer ads go beyond Bud
NEW YORK (AP) — A bevy of booze brands will be in the Super Bowl ad lineup this year, now that Anheuser-Busch has ended its exclusive advertising sponsorship after more than 30 years. In addition to celebrities hawking Budweiser and Michelob Ultra, viewers will see some famous...
Meta to buy VR startup Within after favorable court ruling
A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. Federal antitrust regulators had sought to block the acquisition on the grounds that it would...
South Korea logs record trade deficit as tech demand falls
SEOUL, South Korea (AP) — South Korea logged its biggest monthly trade deficit ever, at $12.7 billion in January, as exports of computer chips and other high-tech items sank and costs for importing oil and gas surged, the trade ministry said Wednesday. The growing shortfall...
Is there hope for a dying river in Kenya's growing capital?
NAIROBI, Kenya (AP) — Vultures scavenge for dead animals along a river turned sewer conduit in Kenya's capital Nairobi. Its waters turn from clear to black as it traverses informal settlements and industrial hubs. The river and its tributaries cross Kibera, known as Africa’s...
They sold land under their mobile homes, now they regret it
ST. PETERSBURG, Fla. (AP) — Nancy DeCamp can no longer bear to enter the home on lot 257. Her sister Tootie lived here, just a golf cart ride from where Nancy shares a place with her husband in their manufactured home community in central Pinellas County. After Tootie died in...
Oregon pins hopes on mass timber to boost housing, jobs
PORTLAND, Ore. (AP) — Inside a warehouse at the industrial Port of Portland lies what some believe could be the answer to Oregon's housing crisis — a prototype of an affordable housing unit made from mass timber. Once mass-produced at the factory being planned at the port, the...
US company gets $120 million boost to make 'green steel'
The manufacture of "green steel" moved one step closer to reality Friday as Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal. Boston Metal will use the injection of funds to expand production at a pilot...
Puerto Rico selects company to privatize power generation
SAN JUAN, Puerto Rico (AP) — Puerto Rico privatized its electricity production on Wednesday, selecting Genera PR to take over the operation and maintenance of state power generation units in the U.S. territory as part of an initial $22.5 million annual contract. The announcement...
J&J tops 4Q earnings forecasts as profit, revenue slip
Johnson & Johnson beat earnings expectations in the final quarter of 2022 even as a strong dollar and sinking COVID-19 vaccine sales hurt revenue. The health care giant also debuted on Tuesday a better-than-expected 2023 earnings forecast. J&J said...
China's Huawei looks to ports, factories to rebuild sales
TIANJIN, China (AP) — As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Korean freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its...
