A reporter, after several attempts, managed to pin down the man who makes the celebrated carpet for the Oscars each year.
Category: Factories and Manufacturing
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When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.
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Who Makes the Red Carpet? Steve.
Steve Olive, who has worked in the event carpet business for more than three decades, is the man the Academy trusts to get its iconic rug just right.
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Apple to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years, and said it would create 20,000 jobs. The new Texas facility is set to open in 2026.
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Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.
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Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.
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Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal regulators approved a proposal from the nation’s largest grid operator that will give primacy to 50 new power plants, a decision to help meet the country’s growing electricity demand.
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
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How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.
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Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
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Why These Companies in Louisville, Ky., Fear Trump’s Tariffs
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.