Two dead, 10 injured in explosion at US steel plant in Pennsylvania | Manufacturing News
Flames and heavy smoke billow out of the plant owned by US Steel as firefighters struggle to extinguish the fire.Multiple explosions at a US Steel…
One dead, dozens injured in steel plant explosion in Pennsylvania | Environment News
An explosion at a US Steel plant near Pittsburgh, Pennsylvania in the United States has left one dead and dozens injured or trapped, with emergency…
Trump expected to meet with Intel CEO after calling for his ouster | Business and Economy News
US President Donald Trump said last week that Intel’s CEO Lip-Bu Tan was ‘highly conflicted’ because of his ties to Chinese firms.Intel CEO Lip-Bu Tan…
Canada sheds tens of thousands of jobs as Trump tariffs hit | Unemployment News
Trump’s sectoral tariffs on steel, aluminium and autos have hit the manufacturing sector hard and reduced hiring.The Canadian economy lost tens of thousands of jobs in July, sending…
Tougher transshipment penalties on US imports not immediate: Report | Business and Economy News
Tougher United States trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new US tariffs, three…
Toyota expects to lose billions as Trump tariffs weigh on auto sector | Automotive Industry News
The world’s top-selling carmaker joins a growing list of companies reporting profit hits because of tariffsToyota expects a $9.5bn hit from United States President Donald…
United States expects monthly tariff revenue to rise to $50bn | International Trade News
Commerce Secretary Howard Lutnick forecasts the revenue increase even as Trump announces higher pharma and semiconductor chip levies, which have yet to kick in.The United…
US-India relations at their ‘worst’ as Trump slaps 50 percent tariff | Donald Trump News
Even as the United States slaps India with a 50 percent tariff, the highest among all countries so far and one that will push their…
Apple to commit another $100 billion for U.S. manufacturing, White House says
Apple, which was singled out by the Trump administration earlier this year over its production practices, plans to take a further step to highlight its…
White House says Apple to invest billions in US manufacturing | Business and Economy News
The White House is expected to announce the new deal as early as Wednesday.Apple will pledge $100bn for manufacturing in the United States that will…
Trump says economic growth ‘shatters expectations’. Data says otherwise | Donald Trump News
The White House has launched an aggressive public relations campaign promoting a narrative of economic strength during the first six months of United States President…
As Trump’s August 1 deadline looms, tariffs are here to say, experts say | Donald Trump News
As United States President Donald Trump blasts his way through tariff announcements, one thing is clear, experts say: Some level of duties is here to…
General Motors reports a 35% profit drop as tariffs weigh on car industry | Automotive Industry News
GM’s profit tumble in second quarter comes a day after Jeep maker Stellantis says it expected a $2.7bn loss in the first six months of…
Canada introduces tariffs on trade partners to protect domestic industries | International Trade News
Prime Minister Mark Carney also introduced a fund to invest in domestic steel projects.Canadian Prime Minister Mark Carney has said that Canada will introduce a…
Trump set to announce 50 percent tariff on copper | Donald Trump News
The US imports roughly half of its copper needs each year, which is used in construction, transportation and electronics.United States President Donald Trump has said…
How strong is US manufacturing, as Trump’s tariff deadline looms? | Interactive News
The global economy is on edge as United States President Donald Trump’s July 9 deadline looms for the imposition of double-digit tariffs on most trading…
Tesla shares tumble as Elon Musk floats new US political party | Elon Musk News
Musk’s political ambition has spooked investors as the auto company reports a decrease in sales in the second quarter.Tesla shares have tumbled after CEO Elon…
‘Nail in a coffin’: Trump’s steel, aluminum tariffs bleed Indian foundries | Trade War
Kolkata, India — For the past several years, the United States has been a major market for Aditya Garodia to export more than 100 items of…
Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News
The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading…
Tesla fires VP of manufacturing Omead Afshar amid declining EV sales
A row of Teslas charge at a Tesla power station (2018). The company announced on Thursday that it sold fewer cars in 2024 than it…