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Industrial Goods
Inadequate Inspections Contributed to Jet-Engine Failure
A Pratt & Whitney engine broke down during a United flight to Honolulu in February 2021, showering a Colorado town with metal. Source link
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link
U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link
3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link
This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.
Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
As wildfire risk spreads from Oregon to Hawaii, utilities weigh whether to leave customers in the dark when winds pick up. Source link
Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
Questions persist regarding artificial-intelligence demand and geopolitics. Source link
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source
SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link