Surrounded by rooms filled with stacks of cluster munitions and half-made thermobaric bombs, a soldier from Ukraine’s 92nd Mechanized Brigade recently worked on the final part of a deadly supply chain that stretches from China’s factories to a basement five miles from the front lines of the war with Russia. This is where Ukrainian soldiers […]
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Federal Reserve officials received more good news in their battle against rapid inflation on Friday, when a key inflation measure continued to slow, the latest evidence that a return to normal after the pandemic and higher interest rates are combining to wrestle rapid price increases back to a more normal pace. The Personal Consumption Expenditures […]
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More than a week into its targeted strike at the three established U.S. car companies, the United Automobile Workers union has poked holes in a supply chain that has still not fully recovered from the pandemic. The companies and the union remain far apart in negotiations, and the U.A.W. could expand its strikes to more […]
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For more than two decades, workers at a factory in Perrysburg, Ohio, near Toledo, have been making something that other businesses stopped producing in the United States long ago: solar panels. How the company that owns the factory, First Solar, managed to hang on when most solar panel manufacturing left the United States for China […]
Read More For more than two decades, workers at a factory in Perrysburg, Ohio, near Toledo, have been making something that other businesses stopped producing in the United States long ago: solar panels. How the company that owns the factory, First Solar, managed to hang on when most solar panel manufacturing left the United States for China […]
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The Biden administration on Friday issued final rules that would prohibit chip companies vying for a new infusion of federal cash from carrying out certain business expansions, partnerships and research in China, in what it described as an effort to protect United States national security. The regulations come as the Biden administration prepares to disburse […]
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Five years ago McDonald’s said it planned to reduce greenhouse gas emissions by more than a third in parts of its operations by 2030. A few years later, it pledged to be “net zero” — cutting emissions to as close to zero as possible — by 2050. But in its most recent report, McDonald’s disclosed […]
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Two years after the auto industry survived the supply-chain upheaval of the pandemic, another disruption — the prospective strike by the United Auto Workers — threatens to upend the production and distribution of new cars, and the impact could be wide-ranging. A U.A.W. strike against one or more of Detroit’s Big Three — Ford Motor, […]
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In his office in New Delhi, Ashwini Vaishnaw, the Indian minister of electronics and information technology, keeps a 12-inch disc of silicon semiconductor on the wall, gleaming like a platinum record beside a portrait of Prime Minister Narendra Modi. Its circuits, measured in nanometers and invisible to the human eye, may be the most sophisticated […]
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Rene Haas, the chief executive of the chip-design powerhouse Arm, has many masters to serve. He reports to Masayoshi Son, the head of SoftBank, which owns Arm and plans to sell a portion of the British company this week in the year’s biggest initial public offering. Officials in Beijing and Washington also command Mr. Haas’s […]
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At Saab’s sprawling combat production center in Karlskoga, Sweden, the 84-millimeter shells that can take out a battle tank in a single stroke are carefully assembled by hand. One worker stacked tagliatelle-shaped strips of explosive propellant in a tray. Another attached the translucent sheafs around the rotating fins of a guiding system. Outside the squat […]
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Early this year many economists held a very grim view about the prospects for reducing inflation without a major economic slowdown and a big rise in unemployment. One prominent economist declared that underlying inflation was at least 4.5 percent and that “all the hoped-for saviors” — that is, forces that might bring inflation down painlessly […]
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The Background Economists had expected the August trade numbers to be slightly worse. A Reuters survey forecast that exports had fallen 9.2 percent in August from a year earlier, and that imports had dropped 9 percent. Exports had plunged 14.5 percent from a year earlier in July. Many multinationals, especially large retailers in the United […]
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