production

Boeing Co (NYSE:BA) should be able to quickly ramp up aircraft production once the strike ends, according to an analyst. Goldman Sachs analyst Noah Poponak said he expects the strike, which began on Sept. 13, will end soon, though the International Association of Machinists and Aerospace Workers, a...

Editor’s note: This story was updated with Elon Musk’s latest comments about manufacturing processes. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk boasted that he might have overseen the construction of a wider range of manufacturing systems than anyone else. Musk's comment comes hours after...

Toyota Motor Corporation (OTC:TOYOF) has reported a significant year-on-year increase in its global sales and production for the first half of FY2024, attributing this rise to the easing of semiconductor shortages. According to a Monday announcement, the Japanese auto giant experienced record...

OPEC+ and its allies are aiming to reach a production agreement as they meet on Sunday to debate a new deal, possibly adjusting the countries’ output quotas and leading to a further cut in production, according to Reuters.  Once the consensus is reached, the new cut would...

Latinx music producers are at the forefront of an ever-transforming industry. In fact, in 2022, Latin music represented 6.3% of the total music consumed. That's up from 5.4% in 2021. Latin music's streaming growth has shown a 33% increase in 2022, according to Luminate. And according to...

Following recent protests at Apple Inc's (NASDAQ: AAPL) iPhone factory in China over strict COVID rules and unpaid dues, the company is quickening the pace of its plans to move production out of the country.  According to a report by the Wall Street Journal, Apple is...

Netflix Inc (NASDAQ: NFLX) has announced that its highly acclaimed historical drama "The Crown" will pause production of the show's sixth season following Queen Elizabeth II's death.  "As a mark of respect, filming on The Crown was suspended....

Apple Inc (NASDAQ: AAPL) is now looking forward to increasing its production outside China.  What Happened: Apple is reportedly telling some of its manufacturers that due to persisting stringent COVID norms across China, it now wants to boost production outside of the country. The Wall Street...

Ford Motor Company (NYSE: F) now has restrictions on producing or selling vehicles in Germany that have internet-connected infotainment systems, according to a Reuters report.  Reason? A German court has put a nationwide sales and production ban on Ford cars that can establish an internet...

Chinese designer and manufacturer of consumer electronics Xiaomi Corp (OTC: XIACF) says it will build a car plant in Beijing which will produce close to 300,000 vehicles annually.  The plant will be constructed for its electric vehicle unit. It will also build its auto unit'...

Tesla Inc.'s (NASDAQ: TSLA) Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, Reuters reports, citing unidentified sources.  What Happened: According to the report, the plant has seen a delivery rush at the end of the July-...

Tobacco giant British American Tobacco PLC (NYSE: BTI) opted to invest CA$221 million ($175.7 million) in OrganiGram Holdings Inc (NASDAQ: OGI) The company agreed to purchase some 58.3 million shares of Organigram's subsidiary at CA$3.792 each, representing a 19.9% equity interest. The...

Medical cannabis company Allied Corp. (OTCQB: ALID) is purchasing a registered cultivation license in Nevada. The deal includes a GMP-complaint facility worth $3.5 million and a land lease for the installment of Allied 9000 square foot building. On the sell side is Fiore...

Volkswagen AG (OTC: VLKAF) said on Wednesday it would restart production at its European sites from next week. What Happened In a statement released on Wednesday, VW said it plans to reopen its Zwickau plant in eastern Germany, as well as the facility in Bratislava, Slovakia, on April 20. The...

The Federal Reserve reported on Monday that U.S. November industrial production increased by 1.1 percent. That was the largest percentage gain since November 2012, when production rose by 1.3 percent. The figure came in above analyst expectations of 0.5 percent, and surpassed its pre-recession...