Latest Consumer product manufacturing News

Electric vehicle battery-related plant announced in Kentucky

Aug. 08, 2022 04:11 AM EDT

FRANKFORT, Ky. (AP) — Lotte Aluminium Materials USA plans an aluminum foil manufacturing operation to serve the electric vehicle battery industry in Kentucky and is expected to create 122 full-time jobs. The company is investing $238.7 million in the plant in Hardin County, Gov....

Ukraine grain shipments offer hope, not fix to food crisis

Aug. 06, 2022 03:45 AM EDT

BEIRUT (AP) — A ship bringing corn to Lebanon’s northern port of Tripoli normally would not cause a stir. But it's getting attention because of where it came from: Ukraine’s Black Sea port of Odesa. The Razoni, loaded with more than 26,000 tons of corn for chicken feed, is...

Progressive and centrist Dems battle for Vermont House seat

Aug. 06, 2022 00:24 AM EDT

STOWE, Vt. (AP) — Lt. Gov. Molly Gray and Senate President Pro Tempore Becca Balint are the leading candidates in a Democratic U.S. House primary that could make either of them the first female member of Vermont’s congressional delegation. Gray has the backing of the centrist...

5 things to consider when looking for a new job

Aug. 05, 2022 15:27 PM EDT

New York (AP) — Looking for a new job is a balancing act: Some people change roles for a shorter commute or better salary, others want health insurance or flexible schedules, and still others are looking to work in a new or different industry. Hiring is booming in the U.S. — the...

Amazon to buy vacuum maker iRobot for roughly $1.7B

Aug. 05, 2022 15:03 PM EDT

NEW YORK (AP) — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon's market...

Tesla investors approve stock split; Musk to add factories

Aug. 04, 2022 20:29 PM EDT

DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting...

Beyond Meat announces layoffs after lower Q2 sales

Aug. 04, 2022 19:20 PM EDT

Plant-based meat maker Beyond Meat said Thursday it’s laying off 4% of its workforce after a difficult second quarter that saw cost-conscious customers bypass its higher-priced products. El Segundo, California-based Beyond Meat said its revenue fell 1.6% to $147 million. That was...

Jo Koy's 'Easter Sunday' puts Filipinos front and center

Aug. 04, 2022 12:12 PM EDT

LOS ANGELES (AP) — For a comedy, Jo Koy's new movie “Easter Sunday” had a lot of waterworks. The film was no ordinary job for the comedian and the rest of the cast. The magnitude of being on a mostly Filipino set led to happy cry-fests, Koy said. Emotions really hit when...

Toyota profit down as chips shortage keeps customers waiting

Aug. 04, 2022 02:18 AM EDT

TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top automaker. Toyota Motor Corp. reported Thursday a quarterly profit of 736.8 billion yen...

UN chief criticizes `grotesque greed' of oil companies

Aug. 03, 2022 20:34 PM EDT

UNITED NATIONS (AP) — The United Nations chief sharply criticized the “grotesque greed” of oil and gas companies on Wednesday for making record profits from the energy crisis on the back of the world’s poorest people, “while destroying our only home.” Secretary-General...