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Facility Openings
Apple Opens Its First Retail Store in India
The tech company opened a bricks-and-mortar location in Mumbai and is planning to open a second location Thursday in New Delhi. Source link
U.S., U.K. Sanction Firms Tied to Russian Oligarch Alisher Usmanov
World Europe Russia Effort to sever Russian economy from global trade, finance continues Source link
For Apple, India Is the Next China
Markets Heard on the Street Apple’s move to open its famed retail store in India signals the market is a high priority Source link
Tesla to Build New China Plant for Energy Storage Battery
Business The planned expansion in Shanghai comes as U.S.-China tensions rise Source link
America Is Back in the Factory Business
Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains. Source link
Miami Developers Court New York Restaurateur to Help Sell Luxury Condos
Since the pandemic, more landlords have facilitated new high-end eateries. Source link
For Chip Makers, a Choice Between the U.S. and China Looms
Washington seeks to steer the semiconductor supply chain using restrictions under the Chips Act. Source link
First Citizens Buys Much of Silicon Valley Bank
The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system. Source link
First Citizens Acquires Much of Failed Silicon Valley Bank
First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.
South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona
Tech Company is the latest foreign battery maker to commit to projects tapping into the energy transition Source link