BUSINESS
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal came on April 17 while he addressed union workers in Pennsylvania. If approved, these imports could see their tariffs “tripled,”
Florida Orange Industry Set for Worst Production Since 1930s
Florida orange growers are set to post their lowest production records since the 1930s, according to...
Apple Will Make 5G Parts On US Soil With Broadcom
Some manufacturing jobs are set to return onshore to America as the largest company in the world, Apple...
Ferrari CEO Says Company Will Maintain Internal Combustion Engines as ‘Essential Part of the Company’s
Legendary supercar manufacturer Ferrari says it will maintain its internal combustion engine despite...
Concerns About Environment, Quality of Life Grow as New Jersey Logistics Industry Booms
Online shopping has not only changed people's traditional way of shopping but also spurred the booming...
Target CEO Warns Organized Retail Theft Will Cost Shareholders $1.3 Billion This Year
Brian Cornell, CEO of retail giant Target, told analysts and shareholders in a May 17 conference call...
Apple Engineer Allegedly Stole Self-driving Car Secrets, Source Code, Before Jumping Ship to Baidu
The Department of Justice has charged a Chinese national who worked as a software engineer for the bedrock...
Toronto Anti-capitalist Coffee Shop Goes Bust After Just 14 Months in Business
A coffee shop in Toronto, Canada created and operating with heavy leftist and anti-capitalism overtones...
Rockwell Automation Rumored To Be Under Investigation For NatSec Breaches at Dalian Facility
Washington is rumored to be investigating a Milwaukee-based cybersecurity and software company providing...
Wendy’s To Begin Replacing Drive-thru Staff With Google-powered AI Chatbot
Fast food chain Wendy’s will begin replacing drive-thru staff at some locations with a new artificial...