U.S. regulators have taken legal action against SolarWinds, a Texas-based technology firm whose software was compromised in a major 2020 Russian cyberespionage campaign. The lawsuit, filed by the Securities and…
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Toyota Reports Threefold Increase in Quarterly Profit Driven by Global Sales and Favorable Exchange Rates
by Annaby AnnaToyota Motor Corp. announced a significant surge in its profit for the July-September quarter, with vehicle sales expanding globally and a favorable exchange rate providing a boost to overseas earnings.…
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Bradford-based aerospace manufacturer Produmax has officially integrated with ASG Group, an aerospace manufacturing conglomerate headquartered in Manchester, UK, and rapidly expanding globally. ASG Group, led by Managing Director Simon Weston,…
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A recent survey by Make UK and Infor reveals that UK manufacturers are ramping up their investments in automation, particularly in artificial intelligence (AI) and machine learning. The survey was…
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After a week-long strike that disrupted a major shipping route, a deal was reached on Sunday, ending the strike and allowing ships to resume their journeys along the Great Lakes.…
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For the second year in a row, Halloween candy prices are haunting U.S. shoppers with double-digit inflation in the candy aisle. According to retail price tracker Datasembly, candy and gum…
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Raytheon, in collaboration with Rafael Advanced Defense Systems, is set to construct a missile manufacturing facility in East Camden, Arkansas. The facility will be dedicated to the production of Tamir…
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Collateral Damage of Australia’s Coal-Fired Power Plant Closures: A Deep Dive into Workers’ Income Loss
by Annaby AnnaIn 2017, Australia witnessed the closure of one of its dirtiest coal-fired power plants, Hazelwood in Victoria, as part of efforts to reduce greenhouse gas emissions. While this move promised…
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Amazon, the global e-commerce giant, released its third-quarter earnings report on Thursday, revealing robust financial performance for the summer months. The company reported significant increases in both revenue and profits,…
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A closely monitored inflation gauge revealed that price increases remained elevated in the United States in September, reflecting robust consumer spending and strong economic growth. According to the report from…
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