manufacturing

Takata Files for Bankruptcy

Takata Files for Bankruptcy

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..

Boeing to Layoff Workers at North Charleston Plant

Boeing to Layoff Workers at North Charleston Plant

Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..

Tesla Reportedly Venture into the Music Streaming Business

Tesla Reportedly Venture into the Music Streaming Business

Tesla Inc. (NASDAQ: TSLA) maybe venturing into a new direction. According to a report published a tech news site, Recode, the electric car manufacture is considering launching its own streaming music platform.Music industry sources claimed that..

Molson Coors Continues to Slip

Molson Coors Continues to Slip

Early on trading day Molson Coors Brewing company (NYSE: TAP) slipped over 10% and seemed to bounce around today. It may be continued effects of the weak EBITDA guidance of June 7th in addition to the edited transcription of their earnings presentat..

Ford Moving to China

Ford Moving to China

Ford Motor Co. (NYSE:F) expects to move production of its Ford Focus small car from the U.S. to China.U.S. sales of small cars have dropped intensely and as a result many companies want to cut costs producing them. By moving productions to Chin..

Tesla Is Now Closer to Start Manufacturing in China

Tesla Is Now Closer to Start Manufacturing in China

Tesla Inc. (NASDAQ: TSLA) is closer to finalize an agreement that will allow the company to produce cars in China. If successful, the electric car manufacture will get access to the world’s largest auto market. According to a report by Bl..