Amazon is letting go of about 16, 000 corporate workers. This is the second big round of job cuts in just a few months. The company says it wants to use AI to do some of the work instead. They also want to make things simpler and get rid of extra layers in the company. Amazon didn't say which parts
Aircraft Finance Lease (AFL) has rolled out a fresh approach to aircraft leasing and financing. This isn't just a small tweak. It's a big deal designed to tackle the messy geopolitical and legal risks shaking up global aviation. The new plan puts a spotlight on making lease contracts clearer and mo
Big changes are coming to GM's factories. The Chevy Bolt EV, a budget-friendly electric car, will soon be gone. Its factory in Kansas will instead make a Buick SUV from China and a Chevrolet Equinox from Mexico. Why the switch? It's all about money and politics. Building cars in China and Mexico go
Dexco, a name once known only for its top-notch storage racks, is now the official brand for the entire company. This change shows how much the industry trusts Dexco for its strong and reliable storage solutions. For over 50 years, Dexco has been making high-quality storage racks. Their products ar
TSMC, the top chip manufacturer, recently reported a massive profit of $16 billion, a 35% jump from the previous year. But the real story isn't just about the numbers. The company is reshaping its business strategy, and this could have big implications. First, TSMC is adjusting its pricing strategy
Micron Technology is making a bold move to expand its memory chip production. They just signed a deal to buy a big semiconductor plant in Taiwan for $1. 8 billion. This is a major step in their plan to meet the growing demand for memory chips worldwide. The plant is in Tongluo, Miaoli County, Taiwa
PharmaCloud, a new cloud-based platform, is making waves in the pharmaceutical industry. It’s designed to help manufacturers balance innovation with strict regulations. The platform uses advanced AI to train operators, guide them through tasks, and verify their work. This ensures that everything is
Spirit Airlines is in a tight spot. The budget airline filed for Chapter 11 bankruptcy late last year. Now, the big decision-makers are the bondholders, like Ken Griffin's Citadel. They hold the purse strings and will decide if Spirit gets the money it needs to keep flying or if it's game over. The
The United States and Taiwan have just signed a big trade deal worth $250 billion. This isn't just about cutting tariffs on Taiwanese goods to 15%. It's about bringing high-tech jobs back to America. Taiwanese companies are planning to invest heavily in the US, especially in areas like semiconductor
Texas is becoming a hotspot for solar panel production. In Wilmer, just outside Dallas, T1 Energy's G1_Dallas plant is buzzing with activity. Here, robots and humans work side by side to produce 20, 000 solar panels daily. This advanced facility, which opened last year, employs 1, 200 people and ope
