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Movies like “The Hangover” and “Ocean’s Eleven” piqued interest in the Las Vegas Strip long ago. But now Nevada labor unions hoping to boost jobs and tourism are pushing state officials to offer tax credits aimed at bringing more Hollywood filmmaking to the state. The effort to offer up to $95 million in tax credits … Read more
The Federal Aviation Administration said Friday it will allow Boeing to produce more 737 Max airplanes by increasing the monthly limit that it imposed after a door plug blew off an Alaska Airlines jet that the company built. Boeing can now produce 42 Max jets per month, up from 38, after safety inspectors conducted extensive reviews of the aerospace … Read more
Plastic recycling startup Novoloop has inked a deal with a major manufacturer to produce its upcycled thermoplastic polyurethane at commercial scale, TechCrunch has exclusively learned. The agreement helps nudge the Menlo Park-based Novoloop through the so-called “valley of death” that many climate tech startups must slog through. Startups that depend on hardware are particularly susceptible … Read more
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said. Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday … Read more
Asahi Group Holdings, the brewery giant that produces the Japanese beer Asahi and other beverages, was hit by a cyberattack Monday that forced the company to stop production in its Japanese factories. The disruption is reportedly still ongoing, but with no timeline for recovery. Asahi Group disclosed the attack in a press release, saying it … Read more
When it comes to Japan, it looks like President Donald Trump’s plan to use tariffs as a way to boost domestic production is working so far. Japan’s export volume to the U.S. has fallen to the weakest level since 2021 while its overall exports remain above the 2024 average, Marcel Thieliant, head of Asia-Pacific at … Read more
Costco pulled back the curtain on its real-estate empire as it announced fourth-quarter earnings on Thursday while marking two milestone anniversaries—the 40th year of its famously inflation-proof $1.50 hot dog-and-soda combo and Kirkland Signature’s 30th birthday. The Issaquah, Washington-based wholesaling giant’s expansion remains robust. In the fourth quarter alone, Costco opened 10 new warehouses, and … Read more
Why is no one shilling the RIOT Stock Price? Well, you can put us in the group because, out of the many crypto stocks, shares of Riot Platforms (NASDAQ: RIOT) climbed more than +10% on Tuesday, boosted by record production and renewed optimism around crypto mining. Wall Street sentiment has shifted firmly bullish, with most … Read more
Luxury car-maker Jaguar Land Rover will not resume production at its factories for yet another week as it continues to grapple with fallout from a cyberattack. In early September, the Jaguar Land Rover stopped production at its factories in the U.K. after it was impacted by a cyberattack in which hackers stole company data. … Read more
Luxury car-maker Jaguar Land Rover said Tuesday it will not resume vehicle manufacturing operations until at least September 24 due to a cyberattack earlier this month. In a new statement, the company said it informed colleagues, suppliers, and partners that the halt in production will extend into its third week. The company said this was … Read more
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