Category: Industry Focus Areas

February 2, 2023

Eli Lilly & Co. said revenue for the recently ended quarter fell 9% as lower sales of its Covid-19 antibodies and the strong U.S. dollar weighed on growth. The pharmaceutical company said Thursday that quarterly revenue fell 9% to $7.30 […]

February 1, 2023

Boeing [NYSE: BA] and Atlas Air Worldwide [Nasdaq: AAWW] joined thousands of people – including current and former employees as well as customers and suppliers – to celebrate the delivery of the final 747 to Atlas, bringing to a close […]

January 31, 2023

Branded L-TOGL and measuring 9.9 x 11.8 x 2.3mm (right), the AEC-Q101-capable package is designed for up to 175°C, 100V, 400A, 750W, with minimum mosfet device Rds(on) around 300μΩ. This compares with 250A, 372W and ~740μΩ from the company’s existing […]

January 31, 2023

GMC’s first-ever 2024 all-electric Hummer SUV has sold for a whopping $500,000 in a recent auction. Although the first Hummer EV SUV sold for a hefty amount, it is way cheaper than the first Hummer EV pickup. GMC’s First 2024 […]

January 30, 2023

TravelCenters of America Inc. TA -2.53%decrease; red down pointing triangle and Electrify America LLC plan to build around 1,000 electric-vehicle fast chargers across the U.S. starting this year, the latest matchup that would boost the amount of equipment available to […]

January 30, 2023

“This partnership will build on SPL’s world-first 5G demonstration from the stratosphere in 2022,” said SPL CEO Richard Deakin. Funded by Innovate UK, the trials will be at BT’s labs at Adastral Park and “could offer transformational opportunities for sectors […]

January 30, 2023

For the second time this January, House Republicans have advanced a measure to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat. A GOP bill approved Jan. 27 […]

January 27, 2023

Chevron Corp. banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices to multiyear highs, with its shares climbing 53% while other sectors tumbled. The U.S. oil company in its quarterly earnings reported […]

January 26, 2023

As medical device companies strive to remain competitive and agile in today’s fast-paced world, they must center manufacturing in business optimization plans while embracing a design-to-value approach from the start. The COVID-19 pandemic accelerated the healthcare industry’s transformation, driving faster […]

January 25, 2023

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup. The Austin, Texas-based company reported adjusted earnings of $1.19 a share, besting the $1.12 a […]

January 24, 2023

Ford Motor Co. is in talks with Chinese electric-vehicle maker BYD Co. over the sale of a manufacturing plant in Germany, according to people familiar with the discussions. Officials from Ford‘s management in Germany are planning to travel to China […]

January 23, 2023

MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses of the technical and economic dimensions of decarbonization pathways, […]

January 20, 2023

Late last year, after a wave of news reports pointing to sagging demand for his company’s vehicles, Tesla Inc. Chief Executive Elon Musk sold almost $3.6 billion of his shares in the electric-car maker. On Jan. 2, Tesla announced fourth-quarter […]

January 18, 2023

South Korea’s energy manufacturers, citing industrial policy passed in Washington last year, are putting a lot of money into facilities in the United States. First consider this week’s announcement that LG Energy Solution, a battery manufacturer, just detailed its plans […]

January 17, 2023

Europe aims to provide more support to its domestic clean-tech industry in a push to counter subsidies from the U.S. and China, European Commission President Ursula von der Leyen said Tuesday. In a speech to the World Economic Forum in […]

January 17, 2023

Described as building on a long history of collaboration in space exploration between the U.S. and Japan, it’s full title is: “The Framework Agreement Between the Government of Japan and the Government of the United States of America for Cooperation […]

January 13, 2023

As this infographic shows, global use of coal for electricity generation outweighed that of renewables by 8%. By 2027, this is predicted to flip, with renewables accounting for 38% of global electricity production compared to 30 percent from coal. The […]

January 13, 2023

Tesla Inc. TSLA 0.28%increase; green up pointing triangle cut prices for some of its vehicles sold in the U.S. by nearly 20%, aiming to lure new buyers at a time Wall Street is concerned appetite for the car maker’s vehicles […]

January 12, 2023

On January 4, the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) announced a $52 million funding opportunity announcement (FOA) that will accelerate research, development, and demonstration (RD&D) in domestic manufacturing to strengthen America’s economic […]

January 11, 2023

The U.S. and its allies are preparing their next round of sanctions on Russia’s oil industry, aiming to cap the sales prices of Russian exports of refined petroleum products in a step some market watchers warn could squeeze global supply. […]