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industrial news
Facing a Battle for Armored Steel, This Tank Maker Bought the Factory
Defense firms’ ability to secure steady and timely supplies of armored steel and other specialty metals is crucial to the West’s race to rearm. Source
Amazon's Prime Day to Test Consumer Demand
The indicator of shopping patterns arrives this year after a period of slow sales for the company and concerns about the economy. Source link
The Next Challengers Joining Nvidia in the AI Chip Revolution
What to Read Next Source link
New York Times to Close Sports Desk
The news organization will rely on the Athletic for its daily sports coverage, as it seeks to further integrate the publication it bought last year.
U.S. Postal Service Wants to Wrest Business From UPS, FedEx
USPS’s rebranded Ground Advantage offering aims to move packages under 70 pounds across the country at a cheaper price than rivals. Source link
Foxconn Abandons India Chip Venture With Vedanta
The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. Source link
Europe Is Probing Whether Ozempic Use Raises Risk of Suicidal Thoughts
Ozempic is under review by European drug-safety regulators after they received reports of suicidal thoughts linked to the popular weight-loss drug and another medicine in
EU Approves Data-Transfer Deal With U.S.
The issue has proved a concern for some of the world’s biggest tech companies, including Meta Platforms and Google. Source link
Fed's Barr Says Nation's Biggest Banks Need More Capital
The Federal Reserve’s regulatory chief said he has decided to beef up the financial cushions for larger banks, moves he said would help boost the
Big Banks Need More Financial Cushion, Fed's Barr Says
The Federal Reserve’s regulatory chief said he has decided to beef up the financial cushions for larger banks, moves he said would help boost the