The numbers: U.S. industrial production fell 0.1% in October, the Federal Reserve reported Wednesday. The gain was below Wall Street expectations of a 0.1% gain, according to a survey by Read more
Tag: Output/Production
Foxconn to invest an additional $170 million in Lordstown Motors
Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more
Good news for homebuyers: The number of active house listings soared in October. But a closer look reveals a more depressing picture.
Some good news for homebuyers: The number of for-sale listings available for homebuyers increased at a record pace in October, according to a new report. According to the report from Read more
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like Read more
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like Read more
Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.
As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after Read more
Apple stock dips amid questions about iPhone production disruptions at Foxconn
Apple Inc. continues to be dogged by concerns about the pandemic’s impact on production after recent reports indicated that strict COVID-19 restrictions in China were affecting Foxconn, which manufactures iPhones. Read more
Anglo American reports flat production, sees fourth-quarter sales affected by holidays in India
Anglo American PLC said Thursday that production in the third quarter was broadly flat on year and it expects sales in the fourth quarter to be affected by the normal Read more
Apple earnings: What do the iPhone production reports really mean?
Apple Inc. executives said last quarter that they had yet to see economic pressures impact consumer demand for the iPhone, but investors are going to need more convincing this time Read more
U.S. industrial output has solid gain in September
The numbers: Industrial production rose 0.4% in September, the Federal Reserve reported Tuesday. The gain was above economists’ expectations of a 0.1% gain, according to a survey by The Wall Read more