manufacturing

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel, Inc. (NASDAQ: MAT) shares fell in late trading following a rejection from the possible Hasbro, Inc. (NASDAQ: HAS) takeover, a deal that could’ve created the largest American toymaker. Mattel claims that the proposal undervalues the com..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Smartphones to be Produced in India

Smartphones to be Produced in India

India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..

Boeing, Bombardier, and Brexit

Boeing, Bombardier, and Brexit

The United States and the United Kingdom have locked horns over two companies: Boeing Co (NYSE: BA), the US aerospace giant and Bombardier, the former's Canadian rival and a large company by itself. The latter was bailed out of financial difficu..

Volvo Releases First Compact SUV

Volvo Releases First Compact SUV

On Thursday, Volvo launched their first compact SUV, model XC40 hoping to top the success of their larger XC90 and best selling XC60 models which have driven their fourth straight year of record sales. The new XC40 will be produced at the company&rs..

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla, Inc. (NASDAQ: TSLA) fell Tuesday, reaching a low of day of $373.57 as Jefferies analyst, Philippe Houchois downgraded Tesla, giving the company an “under-perfor” rating. “Achievements to-date and vision are impressive, ..

U.S. Factory Orders Report Biggest Drop

U.S. Factory Orders Report Biggest Drop

U.S. orders reported their biggest drop in almost 3 years in July, at 3.3% due to a low demand for transportation equipment. Civilian aircraft orders also dropped 70.8% that month after a 129.3% gain a month before that. However, manufacturing is st..