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Industries: Page 264

U.S. Navy Chooses Interos to Develop Supply Chain Risk Management Platform
Interos will be integrated into the Navy’s Program Executive Office Integrated Warfare Systems organization, providing preemptive responses to identify, assess and reduce supply chain risks.
Photo: iStock.com/alzay
Labor Complaint Claims Ikea, Amazon and Tom Tailor Lack Supply Chain Safety Checks
The complaint argued the companies issued a “lack of inspections” while also claiming the businesses violated labor rights, including the "lack of freedom of association.”

Photo: iStock / HJBC
GM, Samsung SDI Outline $3bn Spend on U.S. Battery Plant
Automakers and EV battery makers alike are increasingly rushing to make investments in North America in order to receive tax credits provided by Biden’s landmark climate change bill.
Samsung SDI automotive battery cells. Photographer: SeongJoon Cho/Bloomberg
LVMH Becomes First European Company to Reach $500bn Valuation
The new valuation puts the stake held by its chair and chief executive, Bernard Arnault, at $212bn – cementing his position as the world’s richest person.
Louis Vuitton Island Maison, Singapore. Photo: iStock.com/zhnger
Nearshoring Not So Easy After All
The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.
Photo: iStock / natatravel
Grocery Customers' Brand Loyalty Increased in the Last Year, Survey Finds
The report also showed that shoppers’ definitions of loyalty are reportedly moving away from the idea of exclusivity.
An aerial view of a glass of milk in front of a white background. Photo: iStock.com/SmileStudioAP
The Unmanned Aerial Vehicle Market Will be Worth $52bn by 2030
The North American market is expected to dominate the sector in the coming years thanks to increased research and development efforts amongst prominent drone manufacturers.
Photo: Bloomberg
The Delivery Persona: How Consumers Really Think About Home Delivery
When retailers craft a variety of delivery experiences, customers can self-select the one that best fits their delivery persona.
Photo: iStock.com/AndreyPopov
Canada and Volkswagen Outline Plans for an Almost $15bn Battery Factory in Ontario
Volkswagen will be investing $5.1 billion in the plant while the Canadian government will provide an additional $9.7 billion in the form of a tax credit.

Photo: iStock.com/Aranga87
Bed Bath & Beyond Liquidates Business
The shift to private-label merchandise in 2020 alienated major brands at the heart of its business.
Bed Bath Beyond Bloomberg
Global Oil Benchmark Clears Hurdle as U.S. Ship Transfers Granted
The change will bring much-needed liquidity into the benchmark, which for years has been suffering from shrinking supplies.
Photo: Bloomberg
Watch: When Will EVs Dominate the Auto Industry?
Rich Kilgore, associate professor of management and business administration at Maryville University, offers insights into the auto industry’s transition from gas-powered to electric vehicles.
When Will E Vs Dominate The Auto Industry
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