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AP / Seth Wenig Warren Buffett, Berkshire Hathaway‘s CEO, said on Saturday that his personal views on gun control do not reflect the company’s thinking. “I do not believe in imposing my political opinions on the activities of our businesses,” Buffett told shareholders at the annual meeting. About two weeks after the Parkland, Florida high […]
Enlarge / Wind turbines, manufactured by Vestas Wind Systems A/S, operate near farmland in this aerial photo at the Botievo wind farm operated by DTEK Holdings Ltd. in Botievo, Ukraine, on Thursday, May 26, 2016. Photographer: Vincent Mundy/Bloomberg via Getty Images (credit: Getty Images) Danish company Vestas Wind Systems is one of the biggest makers […]
Enlarge (credit: Bloomberg / Getty Images) A US-based solar-panel components maker called Suniva filed a petition with the International Trade Commission (ITC) this spring, alleging unfair trade practices after the company declared bankruptcy. It was later joined in its petition by SolarWorld America, another US-based solar cell manufacturer. Today, the two companies pleaded their case […]
The UK Government recently revealed that they would be banning the sales of all petrol and diesel cars in the UK by 2040, in a shock new move to tackle pollution. Car manufacturers have since stated their intentions to push towards electrification with Volvo and Maserati both revealing that from 2019 all cars produced with […]
Thomson Reuters An Illinois prosecutor is hitting pharmaceutical manufacturers with two lawsuits for deceiving the public on the dangers of opioids, joining a growing body of states suing drug makers. Brendan Kelly, the state attorney for St. Clair County, filed a 159 page lawsuit Thursday against Purdue Pharma and Abbott Laboratories, accusing the company of consumer […]
Joe Mann/AFP/Getty Images Confidence is rising among big manufacturers in Japan, the latest data shows. Japan’s quarterly Tankan survey released by the Japanese central bank showed that business sentiment improved in the sector for the second straight quarter. The index rose from a reading of +11 to +12, which is the highest since December 2015 […]
Late last year, technical ski apparel company Trew Gear opened a brick-and-mortar shop on a buzzy section of Southeast Division Street in Portland, Oregon. The striking black-and-white exterior attracts walk-in customers headed to nearby shops and restaurants. However, a quick peep inside shows that it is an unconventional retail space. As much an office and storage […]
STR/AFP/Getty Images After improving at the fastest pace in four years in December, activity levels at smaller Chinese manufacturing firms cooled last month, according to new data released by IHS Markit on Friday. The group’s manufacturing purchasing managers index (PMI), produced in conjunction with Caixin, fell 0.9 points to 51.0 in January, disappointing markets who […]
