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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
The U.S. manufacturing sector faces contraction with a PMI of 48.7 in May 2024, while manufacturing construction hits a record high. What's up with these mixed signals?
TSMC's $11.6 billion award to fund three new chipmaking factories in Arizona.
The ISM Manufacturing Index moves from contraction to expansion for the first time in 16 months.
Dell observes a sudden decline in PC demand after an initial year-over-year increase, indicating customer caution in recent months.
Ohio faces a hiring hurdle as new semiconductor and EV plants spark a manufacturing boom, intensifying the hunt for skilled workers.
Lion Electric cuts 10% of its workforce amid industry-wide layoffs due to slow EV demand and economic challenges.
U.S. manufacturing construction hits $206B, with electronics, particularly semiconductors, leading at $113B annually post-CHIPS Act.
As geopolitical tensions rise, the defense sector's production mirrors a world bracing for conflict. U.S. and Germany ramp up arms production.
Key players FedEx and UPS announce new automation partnerships, furthering the conversation on how advanced tech influences worker negotiations.
Which American manufacturing sectors are most vulnerable to China's economic slowdown? Two charts, key industries, and their implications in this analysis from Jason Miller.
American manufacturing is making a comeback, but it's not all smooth sailing. As domestic production grows, what's the impact of more active labor unions and strikes?
Hostess, famous for Twinkies, gets a sweet deal as J.M. Smucker acquires it for $5.6 billion.
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