Mercedes to build new car at Alabama plant in response to Trump tariffs
Mercedes-Benz is set to begin production of new vehicles at its plant near Tuscaloosa, Alabama in 2027, the company said Thursday that it is the latest in a series of investments the automaker has announced following President Trump's aggressive car rates. The German automaker did not say which vehicles will be added to the Tuscaloosa […]
Trump tariff plan pushed US company to open new manufacturing plant in Indiana, lawmaker cheers
First on FOX: Indiana lawmakers are celebrating the American bicycle company opening new manufacturing plants in her district after President Donald Trump launched an aggressive tariff campaign against China. R-Ind. Rep. Erin Houchin told Fox News Digital that Guardian Bikes is expanding its operations there, starting with a new $19 million investment in Seymour, Indiana. […]
Tesla settles black employee’s lawsuit alleging rampant harassment at Calif. plant
Tesla has settled a racism lawsuit by a female black employee who claimed to be a manager in Fremont, California. The plant greeted the workers by saying, “Welcome to the plantation” or “Welcome to the slave house.” According to a joint filing filed Thursday in San Francisco federal court, the automaker led by billionaire Elon […]
No guarantee British Steel plant will be able to continue, says business secretary | British Steel
The business secretary refused to assure Scunthorpe's explosion furnace would get the raw materials in time. The emergency government action says it means there is a “highly trusted bar” for Chinese companies to invest in key UK industries. Jonathan Reynolds refused to directly accuse British steel owner Gingy of obstructing the factory, but it is […]
GM temporarily lays off 200 workers at all-EV plant in Detroit
Boyden Gray PLLC partner Michael Buschbacher discusses concerns about the electric vehicle missions regarding “The Bulting Line.” General Motors is temporarily firing 200 workers at all its electric plants in Detroit to adapt to market demand, a company source told FOX Business. The factory's zero assembly plants “will be placed in temporary layoffs and may […]
Deep red state makes major announcement about income tax: ‘We plant our flag’
First on FOX: Mississippi taxpayers will receive substantial relief from the progressive elimination of state income taxes. The Republican government signed the law on Thursday evening, signing a law that would lower that tax from 4.7% to zero over the next few years, including a decline to 3% by 2030 and ultimately to zero. House […]
Cleveland-Cliffs announces layoffs of 600 Michigan plant workers
Penn Mutual Asset Management CIO Mark Heppenstoll focuses on the latest move by President Donald Trump to impose a 25% tariff on car imports into the US Steelmaker Cleveland-Cliffs announced this week that it would ignite one of its production plants and fire around 600 workers, citing soft demand for steel used in automobile manufacturing. […]
Trump touts major Hyundai investment in US, including Louisiana steel plant
South Korean automaker Hyundai announced Monday that it will invest $20 billion in the US, including a new steel plant in Louisiana. President Trump promoted the news at the White House, celebrating the November election victory and the aggressive use of tariffs to target imports. “This investment is a clear demonstration that tariffs work very […]
Hyundai plans fresh $20 billion investment in US, including new Louisiana steel plant, as tariff threats loom
Hyundai plans to make a fresh $2 billion investment in the US, including a new Louisiana steel factory, becoming the latest major foreign company and moving more operations into the US to avoid looming tariffs. The South Korean automaker is planning to build a $5.8 billion factory near Donaldsonville, with the new facility being set […]
Meet the ‘Plant Man’ turning the 1-train into a miniature flower shop: ‘Understand plant language’
He is turning the concrete jungle into green. Almost every night, Miguel “Mike Plant” Andrade turns the subway into a moving florist. There, they attack flashy trees on Strafunger, who need succulents, orchids, and even plants. The 44-year-old Bronx resident is in his 15th year as a first train “plant man.” Miguel “Mike Plant” sells […]