Camila Domonoske
Stories
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Business
Despite Semiconductor Shortage, Automakers Are Seeing Big Profits
Automakers are suffering a big hit to production because of the semiconductor shortage. Think that means a big hit to profits? Think again.
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Business
A Remote Work Revolution Is Underway — But Not For Everyone
It's not just tech companies embracing work-from-home for the post-pandemic era. But manufacturers like Ford also have to consider the huge swathes of their workforce that simply can't work remotely.
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Environment
Big Oil Is Seeing Big Earnings Again
The world's oil and gas mega-companies are raking it in again. The earnings reflect the remarkable comeback in the global economy, powered by U.S. growth, which is sharply pushing up demand for oil.
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Technology
It's Not Just Cars: iPads And Macs Suffer From Semiconductor Crunch
Apple could lose $3-$4 billion in revenue, because it can't make enough of its iPads and Macs. Meanwhile, Ford warns it will have a million fewer vehicles roll off of production lines this year.
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Law & Courts
White House Is Preparing To Give Back California's Smog-Busting Powers
California may regain the right to set its own vehicle emissions standards as part of the Biden administration's push to reverse Trump-era environmental policies.
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Business
Honda Aims To Go All-Electric By 2040
The Japanese automaker is planning to phase out gas- and diesel-powered vehicles over the next two decades, pivoting to battery-powered and fuel-cell cars, trucks, SUVs and motorcycles.
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Environment
Some CEOs Are Hearing A New Message: Act On Climate, Or We'll Cut Your Pay
Some companies, under pressure from shareholders, are tying executive compensation to climate targets. It's not widespread yet, but the approach is catching on.
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Business
As Auto Industry Goes Electric, Can It Avoid A Battery Bottleneck?
As automakers from General Motors to Volkswagen bet big on an electric future, fears are rising about whether the world's supply of batteries can keep up.
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Business
More Plants At GM Go Dark As Chip Shortage Continues To Bite
Ford, Stellantis, and now GM again: Auto makers continue to close plants as they reel from a shortage of chips that poses a critical challenge for the sector.
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Business
If World's Battery Supply Doesn't Scale Up, Automakers Will Be In Trouble
Electric vehicle production is increasing at an astonishing pace, and that means automakers need more batteries. Companies are racing to secure raw materials to avoid a shortage in a few years.