manufacturing sector

Billionaire Investor, Mark Cuban commented on Commerce Secretary, Howard Lutnick‘s beliefs that the tariffs and President Donald Trump‘s trade war would benefit the U.S. manufacturing sector. What Happened: Replying to a thread on the BlueSky Social on Sunday, about the CNBC interview...

Key Takeaways: ZKH Group raised $62 million in one of the biggest IPOs by a Chinese company in New York this year, though its shares priced weakly and ended flat on their first trading day The company is valued ahead of many of its global peers, which could pressure its shares as its growth shows...

A renowned Wall Street strategist, Michael Kantrowitz of Piper Sandler, has voiced concerns over the possibility of an imminent recession. This speculation is based on his analysis of various sectors within the U.S. economy. What Happened: Kantrowitz employs a four-part framework...

A low-demand environment due to a slowdown in the manufacturing sector is weighing on the Zacks Manufacturing – General Industrial industry. However, improving supply chains and reduced delivery lead times bode well for the industry's growth. Focus on inorganic activities to expand...

With the COVID-19 pandemic, an increase in automation, both in the service and manufacturing sector, may put workers in jeopardy across the U.S. By allowing automation in facilities, services may improve productivity and cost jobs, the New York Times reports.  Last year many sectors...

It's official. As reported by Benzinga on Monday, Toyota (NYSE: TM) has announced it is moving its North American headquarters from Torrence, California to Plano, Texas. The move makes Toyota just the latest major company to leave California for other states over the past several years – an...