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INDUSTRY

Tesla Continues to Grapple With Shanghai Lockdown Under ‘Closed Loop System’
As China continues its crushing lockdown of Shanghai, an increasing number of businesses are reporting huge dips in profits as authorities scramble to uphold the country’s unbending “zero-COVID” policies. Most recently, electric vehicle (EV) maker...
Musk: ‘Woke Mind Virus’ Will Make It Impossible for Humanity to Reach Mars
As the world’s wealthiest man haggles over a $44-billion deal to acquire Twitter, he has become more vocal in his condemnation of the far-left ideological trend in Big Tech and other commanding parts of society. ...
China Eastern Plane Crash That Killed All 132 Onboard in March Was Likely Intentional: Reports
Investigators have so far not found any mechanical or technical faults with the jet, the reports say, citing a preliminary assessment by U.S. officials into the plane’s cockpit voice and flight route recorders.  The China...
Truckers are getting paid less to deliver goods despite this normally being the busiest time of year.
The Cost to Hire a Trucker Is Crashing, but It’s the Busiest Time of Year
The market to contract a small trucking operation to carry goods is crashing despite this being the busiest time of the year, states a new report. Industry analyst website Freight Waves reported on May 12...
India Seizes $726 Million From Chinese Mobile Maker Xiaomi for Violation of Foreign Exchange Laws
Authorities in India have accused Chinese phone maker Xiaomi Corp. of breaching the country’s foreign-exchange laws, seizing over 55.51 billion rupees (approximately US$726 million) from the company’s local branch.The incident marks India's latest clash with...
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Netflix Hints at Coming Crackdown on Password Sharing That Could Impact 100 Million Households
Streaming video giant Netflix, the world’s largest streaming video service, is warning of a global crackdown that will target households sharing login credentials for its platform. Netflix estimates that some 100 million households worldwide are...
2.4 Billion GE Mosquitoes to Be Released in US, Despite Uncertainties
UK-based biological pest control company Oxitec claims to have discovered a way to apply genetic engineering (GE) on insects to curb mosquito-borne diseases. While the plan has met with approval by the EPA, various concerns...
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Industrial Seed Oils: A Little-Known Big Health Threat
The modern diet has many known pitfalls: too much sugar, highly processed foods with little nutrition, staples like wheat being contaminated with herbicides, and the ever-more-damning practice of genetic modification; but a new culprit has...
American rail carriers are cutting critical fertilizer, grain, and coal shipments as they struggle with staffing and logistics problems amid union wars.
US Rail Carriers Are Cutting Fertilizer, Grain, Coal Shipments
A major U.S. railway freight carrier has ceased business with one of the largest fertilizer producers in the country during the peak of planting season.  In an April 14 press release, CF Industries informed the...