Latest Production facilities News
As airplane makers struggle to meet demand, Morocco wants to become a manufacturing hub
CASABLANCA, Morocco (AP) — Moroccan officials want to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers. The North African kingdom is among a longer list of countries vying for...
AP finds grueling conditions in Indian shrimp industry that report calls 'dangerous and abusive'
SAN FRANCISCO (AP) — Noriko Kuwabara was excited to try a new recipe she’d seen on social media for crispy shrimp spring rolls, so she and her husband headed to Costco’s frozen foods aisle. But when she grabbed a bag of farm-raised shrimp from the freezer and saw “Product of India,” she...
Federal Trade Commission sues to block Tapestry's $8.5B acquisition of Capri
NEW YORK (AP) — The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury...
Buffalo Bills owner Terry Pegula explores selling non-controlling, minority stake in franchise
ORCHARD PARK, N.Y. (AP) — Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest in the franchise, the team announced on Friday. A person with knowledge of the decision told The Associated Press the stake in the team...
Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a smaller-than-expected profit and a double-digit fall in sales in the first quarter due to a market weakened by a lack of clients investing in 5G technology. The Espoo, Finland-based company...
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members...
Editorial Roundup: Illinois
Champaign News Gazette. April 14, 2024. Editorial: Team owners tell their fans to show them the money Taxpayers pay the price when owners of popular professional sports franchises play hardball. Sports fans love their teams, and owners of professional...
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller Roundup causes cancer. Nearly identical...
Utility regulators approve plan for Georgia Power to add new generating capacity
ATLANTA (AP) — Georgia Power Co. got the go-ahead Tuesday to build and buy more electrical generation from the Georgia Public Service Commission, despite questions from environmentalists about the demand forecast driving the move and who say it's unwise to let the company burn more fossil fuels....
The US ambassador to Japan says boosting arms industry ties is key to a stronger security alliance
TOKYO (AP) — The U.S. ambassador to Japan urged Tokyo on Tuesday to take a greater role in developing, producing and supplying weapons “to enhance our collective security" amid conflict in Ukraine, Gaza and elsewhere. The United States alone can no longer supply all democracies,...
