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Business & Industry

Companies, industrial sectors, manufacturing, and trade coverage.

Business & Industry

Rivian CEO Reveals Timeline for Upcoming R3 Model Following R2 Launch

Following the introduction of the Rivian R2, CEO RJ Scaringe provided insights regarding the anticipated R3 model and potential future offerings.

Business & Industry

Lincoln Corsair to Return as Hybrid Model with Mandarin Features

Lincoln plans to import the Corsair from China, introducing a hybrid engine option along with Mandarin language capabilities, according to a recent document.

Business & Industry

Nothing CEO Warns of Rising Phone Prices, Urges Upgrades

Carl Pei, CEO of Nothing, suggests that consumers should consider upgrading their phones sooner rather than later, as prices are projected to increase.

Business & Industry

Asian Markets Climb Following Trump's Comments on Potential Iran Deal

Asian stock indices, particularly those heavy in chipmakers, experienced gains as President Trump suggested a possible deal regarding Iran. This comes just ahead of a significant SpaceX listing.

Business & Industry

Cadillac's Super Sedan: A Manual Transmission Option with 780 HP

Unlike most high-performance sedans, Cadillac offers a manual transmission option for its super sedan, which boasts a powerful 780 horsepower from a 3.0-liter engine.

Business & Industry

Funding Cuts Impacting U.S. and Global Fund Contributions in MOU Countries

An analysis reveals significant reductions in U.S. and Global Fund funding from 2026 to 2029 across 29 countries with signed MOUs, compared to previous funding levels.

Business & Industry

US Lithium Supply Chain Struggles to Meet Rising Demand

A report by US Elemental highlights that the demand for lithium is increasing rapidly, outstripping the growth of the domestic supply chain, which could impact various sectors.

Business & Industry

Congress Approves $70 Billion Immigration Funding Bill Amid Partisan Divisions

The US Congress has passed a significant $70 billion bill aimed at funding President Trump's immigration initiatives, with a substantial portion allocated for ICE.

Business & Industry

Congress Approves $70 Billion Funding for DHS Amid Controversy

In a closely contested vote, Congress has allocated $70 billion to the Department of Homeland Security, supporting President Trump's immigration policies over the next three years.

Business & Industry

Gilead and Merck Experience Mixed Results in Recent Trials

In the latest biotech updates, AstraZeneca introduces a GLP-1 pill, while GSK makes headlines with a significant cancer startup acquisition worth $10.6 billion.

Business & Industry

Planned Parenthood Faces Challenges Amid Policy Changes

Recent updates indicate that Planned Parenthood is experiencing closures and changes in its participation in the Title X program due to significant policy shifts and funding reductions.

Business & Industry

SFR Acquisition Signals Potential Shift in European Telecom Landscape

The recent division of SFR's operations among Bouygues Telecom, Free, and Orange may initiate a wave of mergers in Europe as telecom companies seek improved profitability.

Business & Industry

ElementUSA Secures $67 Million from DOE for Rare Earth Production in Louisiana

The Department of Energy has awarded $67 million to ElementUSA to support a new rare earth facility in St. John the Baptist Parish, Louisiana, aiming to enhance domestic production.

Business & Industry

GoodRx Holdings, Inc. Expands Revenue Model with New Partnership

GoodRx Holdings, Inc. is reportedly enhancing its revenue model through new strategic partnerships aimed at strengthening its recurring revenue base.

Business & Industry

Subaru's Indiana Plant: A Model for Coexisting with Nature

Subaru's Indiana factory, certified as a wildlife habitat in 2003, exemplifies the possibility of harmonizing car manufacturing with natural ecosystems.

Business & Industry

Bowman Achieves Over $4 Million in New Mining Contracts

Bowman has announced the acquisition of contracts exceeding $4 million in the mining sector, reflecting its ongoing growth and influence in the industry.

Business & Industry

EU Fossil Fuel Imports Decline, But Three Countries Increase Dependence

As the EU takes steps to reduce fossil fuel imports amid the ongoing crisis, three member states have notably increased their imports, raising concerns about their energy strategies.

Business & Industry

Sunshine Silver Mining & Refining Company Takes Steps Toward U.S. IPO

The Sunshine Silver Mining & Refining Company has filed for an initial public offering in the United States, marking a notable move in the mining industry.

Business & Industry

BMW Explores Use of Human-Shaped Robots in Manufacturing

In a pilot program, BMW is testing a robot capable of using various tools to assist in the production of vehicle batteries and components, potentially impacting factory employment.

Business & Industry

USA Rare Earth Moves Forward with Mine-to-Magnet Supply Chain Initiative

USA Rare Earth is making progress on its plans to establish a comprehensive mine-to-magnet supply chain within the United States.