US New Homes Sales Surged 18% In August
The unexpected boom in consumer demand for newly built residences may lift the domestic housing market for the full year.
Hyundai Directors Kept In Dark On Size Of $10B Land Bid
Thursday's winning bid sent shares in Hyundai Motor, Kia Motors and Hyundai Mobis plunging, wiping out $8 billion in shareholder value.
Malaysia's Electronics Industry Accused Of Employing Forced Labor
The study found that 28 percent of the industry’s workers, 32 percent of whom are migrants, were engaged in forced labor.
China's Factory Growth Falls Near 6-Year Low In August
Calls are getting louder for new economic stimulus, by China's central bank or by its government.
Ssangyong Motors Considers Entering US Auto Market
A study being conducted by the company, which is owned by an Indian conglomerate, will look at the feasibility of selling cars in the US.
Nevada Hasn't Explained Its Tesla Gigafactory Math
Nevada says it will get $100 billion from a $1.25 billion Tesla tax incentive package, but hasn't yet explained how.
Low US Job Numbers Surprise Economists
But despite a hiring slowdown, the U.S. jobs report published Friday by the Labor Department did show solid employment gains in August.
Slow And Steady: Job Growth Picks Up In US
Most of the gains are in business services, manufacturing, construction and retail. But many are still unwilling part-timers.
China Losing Its Sheen For Foreign Companies, Report Says
Nearly half of all respondents in a survey of U.S. businesses said foreign firms were being singled out in a government crackdown.
Samsung Heavy To Absorb Samsung Engineering For $2.5B
Monday's deal, which caught investors by surprise, sent shares in both companies surging.
German GDP Stumbles On Fears Of Ukraine War
Falling German investment and trade with Russia is only partly to blame for the economy's recent faltering.
Six Observations From A Tesla Factory Tour
Tesla Motors has greatly expanded its production capacity -- and there are no cash registers in the cafeterias.
July's Durable Goods Orders Suggest Economy Is Stronger Than It Really Is
Record aircraft sales at Boeing boosted orders for American durable goods.
Oversupply Of Solar Panels Is Fading. Will Prices Rise?
Global solar demand is catching up with supply, which could squeeze some developers and boost manufacturing.
China Making Big Semiconductor Design Push: Report
The Chinese government plans to invest as much as $170 billion over the next five to 10 years in the industry, according to a McKinsey report.
Plane Crashes Near Tehran’s Mehrabad Airport, Killing At Least 48
The Sepahan Air Iran-140 plane crash killed all 48 people aboard, Iranian state media reported.
Ford Searching For African ‘Opportunities’
The chief of Ford’s new Middle East-Africa unit stopped short of confirming rumors of a Nigerian factory project.
Did The US Lose The International Weapons Market?
Russia's top weapons companies have grown faster than any other country's major defense manufacturers.
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Chinese Factory Explosion: How It Affects GM
China’s worst factory accident in 13 months has General Motors -- the country’s second-largest foreign automaker -- looking for new suppliers.
EU Looks To Buy Out Russian Contract For French Warships
France's plans to deliver two warships to Russia may change after pressure from the U.S. and EU to punish Russia over Ukraine.
Kunshan Plant Ignored Several Warnings: Regulator
The auto-parts factory was reportedly infamous among migrant workers for its “dirty environment but high wages.”
Blast In Chinese Automotive Workshop Kills 65
The blast in Kunshan City was caused by a fire that began in the workshop and spread to engulf a high-density powder.
Could Reno, Nevada, Win Tesla’s Gigafactory Bid?
Tesla will reveal more details this week about its battery factory.
BMW, Aston Martin Recall Cars Built And Sold In China
The manufacturers will replace the faulty parts for free.
Durable Goods Report Might Spell More Durable Economy
Although U.S. manufacturing jobs account for only about 8 percent of the American labor market, the sector is a major bellwether for the economy.
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