Two steel giants are merging — despite Trump’s move to turn the industry on its head

Thomson Reuters Tata Steel and Germany’s Thyssenkrupp, two huge steel businesses, have agreed to merge. The German-based company’s executive board approved the plans on Friday after signing a memorandum of understanding last September. The deal comes at a time when President Donald Trump’s tariff agenda has turned the global steel industry upside down.   Tata […]

Forced Labor Is the Backbone of the World’s Electronics Industry

KUALA LUMPUR, Malaysia—Malaysia bills itself as “heaven for foreign companies.” Since the 1970s, the Southeast Asian nation has drawn 5,000 foreign firms from more than 40 countries to set up facilities in parts of the country specially set aside for business development. The electronics industry—the country’s largest manufacturing sector, which makes everything from semiconductors to […]

An Aerial View of the Future – Drones in Construction [INFOGRAPHICS]

  Article was originally published at Roof Stores. There is an aerial revolution happening across the globe. Drones have emerged as a highly viable commercial tool with applications in numerous sectors, most notably, construction. This isn’t surprising, as their benefits range from on-site safety to a level of project monitoring which wasn’t previously possible. A […]

The shipping industry is back – and it has big implications for the global economy

Reuters Shipping is extremely important to almost everything delivered to businesses and people all around the globe.  The shipping industry made a big mistake in 2011, but looks to be corrected that mistake. You may not realise it, but nearly everything from toys to power tools that you buy at Wal-Mart, Takashimaya (in Singapore), or […]

The biggest player you’ve never heard of in the auto industry is moving into China in a big way (MGA)

Magna The world’s largest contract carmaker is leveraging its expertise to move into the huge Chinese EV market. Magna will form two joint ventures with China’s BAIC. The companies already have a deal in place to develop an electric vehicle; Magna will now take over an existing BAIC factory. Magna International is the world’s largest […]

Employee burnout is a huge problem in the tech industry. This survey shows which companies have it the worst

Sutterstock / Freedomz Employee burnout and stress is a big problem in the average American workplace, but it’s especially true among some of the country’s biggest tech companies, many of which have famously rigorous workplace cultures that often encourage long hours, favor young people, and sometimes require unreasonably high levels of productivity.  Blind, a message […]

US tariffs on Mexico and Canada would hurt the entire North American auto industry

The automobile industry has been a focus as the Trump administration rolls out tariffs on Mexico and Canada. Canada and Mexico are the top two US exporters of vehicles to the United States. The entire North American automobile industry would suffer if Canada and Mexico are forced to pay US tariffs. President Donald Trump’s administration […]

TJ Maxx is proving its the business model of the future as the retail apocalypse hammers the industry

Business Insider/Mary Hanbury Discount stores such as TJ Maxx and Ross Stores are known to be one of the few bright spots in retail. Price-conscious consumers flock to these stores for the treasure hunt experience putting pressure on other brick and mortar stores. As more stores close down – off-price retailers are also able to lure in […]