Hundreds of workers are said to have fled, afraid of being forced into quarantine with inadequate food and supplies.
Category: Factories and Manufacturing
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After Covid Lockdown, Fear and Unrest Sweep iPhone Factory in China
The New York Times – Business: -
In Naples, a Glove Tradition Continues
The New York Times – Fashion & Style:Most gloves are now made using machines, but Omega still makes them with the human touch.
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Chip Makers, Once in High Demand, Confront Sudden Challenges
The New York Times – Business:Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.
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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
The New York Times – Business:Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.
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Foxconn’s Big iPhone Plant Hit by China’s Latest Covid Lockdown
The New York Times – Business:An outbreak in Zhengzhou has sent an unknown number of workers at the city’s Foxconn plant into quarantine. It’s a bad time of year for output of iPhones to slow down.
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Alaska Airlines Gives Boeing a Big Order With an Eye to Expansion
The New York Times – Travel:The carrier’s decision signals confidence in the 737 Max and in the demand for air travel.
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E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.
The New York Times – Business:The manufacturing and disposal of electric vehicles result in more greenhouse gases than nonelectric models, but that difference will eventually disappear altogether.
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Tesla’s Profit Jumped in Third Quarter on Strong Sales
The New York Times – Business:The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
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E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
The New York Times – Business:No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
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Small Businesses Build Their Own Supply Chains
The New York Times – Business:They’re shifting to domestic sourcing and production, like some big manufacturers, but with at least one advantage the giants don’t have.
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China’s GDP Data Delay Points to Murky Economic Picture
The New York Times – Business:The delay in announcing routine growth data this week was only the latest example of how hard it has become to peer into China’s economy, the world’s second largest.
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Tens of Thousands March in Paris to Protest Rising Living Costs
The New York Times – Business:The demonstration occurred on the heels of strikes at oil refineries, adding to a tense political atmosphere.
