The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
Category: Factories and Manufacturing
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Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
Delays in finishing new factories are emerging, just as the Biden administration begins handing out money to stoke domestic production.
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Joe Louis Dudley, Pioneering Hair Care Entrepreneur, Dies at 86
Starting in their kitchen, he and his wife at the time built a thriving company making beauty products for Black consumers. They also founded a string of cosmetology schools.
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Biden Faces More Pressure From Environmentalists to Block Steel Merger
Climate change joins national security and concern about jobs in a mounting pressure campaign to prevent Nippon Steel from buying U.S. Steel.
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Biden Faces More Pressure From Environmentalists to Block Steel Merger
Climate change joins national security and concern about jobs in a mounting pressure campaign to prevent Nippon Steel from buying U.S. Steel.
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This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
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Is it a Birkin? A Dior? A Balenciaga? It’s an MSCHF, the New It Bag.
What does it take to make an It Bag? MSCHF’s answer may surprise you.
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How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
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A D.I.Y. Approach to Valentine’s Day Chocolate
After all, as one maker said, “a self-made chocolate treat comes with the extra portion of love and creativity.”
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Grading Biden’s Big Climate Law
The climate-focused Inflation Reduction Act is popular with businesses. But its cost is expected to double over the next decade, and its outlook is uncertain.
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For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.