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Industries: Page 267
Walmart Halves Chicago Stores to Just Four as Losses Mount
Walmart CEO Doug McMillon warned last year that rising retail theft around the U.S. could prompt store closings.
Hyundai Commits to $18bn Spend in Shift to Electric Cars
Automakers and battery producers in Korea are also still trying to figure out how to navigate U.S. President Joe Biden’s Inflation Reduction Act.
IDC Reports Steep Drop in Global Shipments of Traditional PCs During Q1 2023
IDC said COVID-driven PC shipping demands are coming to an end, caused by weak global demands, excess inventory, and a worsening macroeconomic climate.
Tanker Unloads Russian Crude in Ghana After Six-Week Wait
Clearance was given after claims that the cargo was from Kazakhstan, but data intelligence firms Vortexa and Kpler showed it originated from Russia.
Tesla to Build New Shanghai Factory for Megapack Battery
China is an extremely important market for Tesla, where its existing car factory on the outskirts of Shanghai produced almost 711,000 cars in 2022, or 52% of its worldwide output.
Who’s Responsible for Keeping E-Waste Out of Landfills? Everyone Is
The world is getting buried in electronic waste. What can we do about it?
Agriculture Transportation Coalition Slams Closure of Port of LA Terminals
The lack of a West Coast labor contract between the ILWU and the PMA could be “dangerous” and “permanent,” executive director Friedmann warned.
Uniqlo’s Automates Store Checkout with RFID Chips
The company is applying a new generation of RFID readers in its checkout machines, allowing shoppers to simply drop their goods in bins at automated checkout stations that read the RFID tags
Boeing to Boost Output of 737 Jets in Push for More Cash
The plane maker is expected to report a surge in first quarter deliveries when it discloses March handovers, a sign of the progress Boeing is making toward stabilizing work in its factories.
Walmart Revises its Supply-Chain Strategy
Walmart want to improve fulfillment capabilities at its stores, and it is trying to automate operations, both in stores and at dedicated fulfillment centers.
China Urges Japan to Refrain From Joining U.S. Chip Curbs
Ties between Beijing and Tokyo have frayed in recent years as Japan joined U.S.-led moves to counter China’s regional influence through institutions such as the Quad group, which includes Australia and India.
Hydrogen Is Here; This is How We Get It There
With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.
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