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Mexico Sees Trade Alternatives with TPP Partners
Mexican President Enrique Pena Nieto said he would immediately seek to negotiate new bilateral deals with other TPP member countries to diversify Mexico's trade relations.
Apple’s Antitrust Suit: Qualcomm Overcharged 'Billions'
Apple’s Antitrust Suit: Qualcomm Overcharged 'Billions'
"For many years Qualcomm has unfairly insisted on charging royalties for technologies they have nothing to do with," Apple said.
City Sues Maker of Painkiller OxyContin
City Sues Maker of Painkiller OxyContin 2
"There is clear evidence that Purdue Pharma ignored their responsibility to stop the diversion of OxyContin into the black market, directly leading to the heroin crisis on our streets today," said Ray Stephanson, the mayor of Everett, Washington.
Logos of Takata and likely suitors Autoliv and Key Safety Systems.
Takata Shares Dive 17% on Bankruptcy Restructuring Report
Autoliv and Key Safety Systems are both expected to present proposals to turn around Takata as early as this week, news that sent the Japanese airbag maker’s stock plummeting 17% in a day.
Robot Arms Replace Factory Hands
Robot Arms Replace Factory Hands 10
"America is already producing a lot. And in any event, the return of more manufacturing won't bring back many jobs because the labor is increasingly being done by robots."
Hyperloop artist rendering
Hyperloop: Coming Soon to (European) Cities Near You?
Hyperloop Transit Technologies: “New rules and frameworks will need to be written as we begin building out systems in Slovakia, the Emirates and several others to come.”
A grinding machine shop apprentice.
US Industrial Production Up 0.8% in December
The December gain was the largest since November 2014, and above analysts’ expectations for a 0.6% increase, with manufacturing up 0.2%.
Bayer-Monsanto to Invest $8 Billion in US
Bayer-Monsanto, which will be headquartered in St. Louis, said its U.S. investment will be in "global seeds and traits research and development."
Walmart to Create 10,000 Jobs, Invest $6.8 Billion in US
Walmart to Create 10,000 Jobs, Invest $6.8 Billion in US 2
"Our 2017 plans to grow our business -– and our support for innovation in the textile industry –- will have a meaningful impact across the county."
Microsoft Buys Canadian AI Startup Maluuba
The acquisition is intended to accelerate Microsoft's "ability to develop software so computers can read, write and converse naturally," the company said.
Renault logo.
Another Day, Another Scandal: Renault Latest Dieselgate Target
While VW is still counting the cost of an unprecedented emissions scandal that rocked the auto sector and German industry, similar allegations are now being levied against other carmakers, including Fiat Chrysler and Renault.
World's Biggest Contact Microchip Producer to Boost US Jobs
World's Biggest Contact Microchip Producer to Boost US Jobs
The Taiwan Semiconductor Manufacturing Co. said it will.continue to create more jobs by helping the fab industry in the U.S.
Trump Warns Pharma About Moving Jobs Offshore
Trump Warns Pharma About Moving Jobs Offshore 2
"Our drug industry has been disastrous. They're leaving left and right. They supply our drugs but they don't make them here, to a large extent," Trump said.
Volkswagen brand chair Herbert Diess introduces the ID Buzz concept van.
Despite Dieselgate, VW Sales Top New Record
Deliveries soared 12% in China and grew about 4% in Europe, but sales dropped close to 3% here in the United States and plummeted almost a quarter in South America.
Berlin drivers fill the A100 ring highway.
German Auto Industry Pleads for Free Trade
BMW, Daimler and Volkswagen have quadrupled their collective U.S. production since 2009, more than 850,000 vehicles strong, “a clear commitment to the country as an industrial location,” according to German auto federation VDA.
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