Category: Manufacturing

December 18, 2019

PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth-biggest auto manufacturer. The French and Italo-American carmakers signed a binding accord for a 50-50 merger of their businesses, they said Wednesday. […]

December 16, 2019

Boeing Co. is considering temporarily halting production of the 737 Max as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020, said a person familiar with the matter. While the board is also studying […]

December 12, 2019

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices. The Labor Department said on Thursday the […]

December 6, 2019

October factory production dropped in Germany over the previous month in another sign the economy, Europe’s largest, is struggling. The Federal Statistical Office reported Friday that industrial production fell 1.7% in October over September when adjusted for price, seasonal and […]

November 13, 2019

Chip stocks may be pointing the way to a rebound in the manufacturing economy. Manufacturing activity has been contracting since the summer, according to the widely watched ISM manufacturing index, but that may be about to change. Natixis economist Joseph […]

November 6, 2019

Factory orders in Germany, Europe’s biggest economy, increased in September after two consecutive monthly declines. The Economy Ministry said Wednesday that orders were up 1.3% compared with the previous month. They were led higher by demand from countries outside the […]

October 3, 2019

Tesla’s third-quarter deliveries miss may reveal a more worrying trend, according to JMP Securities. “The delivery data show low single-digit sequential unit growth, and we know of no operational issues that could have prevented TSLA from delivering more vehicles if […]

October 1, 2019

U.S. stocks gave up early morning gains to trade lower Tuesday morning after the Institute for Supply Management’s survey of U.S. manufacturers showed the sector falling deeper into contraction, as President Trump’s trade war with China drags on. What are […]

September 16, 2019

Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects. That’s the finding of a third quarter survey of 1,000 companies released last week by the U.S. Chamber of Commerce and MetLife. […]

September 9, 2019

Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China […]