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Industry

Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry

December 14, 2023

Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry Robert Schmad on December 13, 2023 Washington’s Democratic governor …

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Euro zone industry output falls by more than expected in October

December 13, 2023
Euro zone industry output falls by more than expected in october - photo licensed by shore news network.

BRUSSELS (Reuters) – Euro zone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing …

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GlobalFoundries names chip industry veteran Hollister as CFO

December 11, 2023December 11, 2023
Globalfoundries names chip industry veteran hollister as cfo - photo licensed by shore news network.

(Reuters) – GlobalFoundries named semiconductor industry veteran John Hollister as its finance chief on Monday, replacing David Reeder, who is leaving after a three years …

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New Jersey’s Wind Farm Failures Having Ripple Effect on Industry Worldwide

December 6, 2023
New jersey's wind farm failures having ripple effect on industry worldwide - photo licensed by shore news network.

NEW YORK, NY – The global wind power sector is set to experience less capacity growth than previously anticipated over the next decade, according to …

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Rite Aid Shuts Down Multiple Stores in New York Amid Industry Challenges

November 27, 2023
Rite aid shuts down multiple stores in new york amid industry challenges - photo licensed by shore news network.

NEW YORK – Rite Aid, a prominent player in the pharmacy sector, recently announced the closure of several stores across New York. The move highlights …

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Rite Aid Closes Stores in New Jersey Amid Pharmacy Industry Challenges

November 26, 2023
Rite aid closes stores in new jersey amid pharmacy industry challenges - photo licensed by shore news network.

NEW JERSEY – Rite Aid, a well-known pharmacy chain, has announced the closure of several stores across New Jersey, affecting local communities and customers. The …

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German government, car industry to strategise on goal of 15 million EVs by 2030

November 24, 2023November 24, 2023
German government, car industry to strategise on goal of 15 million evs by 2030 - photo licensed by shore news network.

BERLIN (Reuters) – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can …

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Music industry veteran Jimmy Iovine faces sexual abuse allegation

November 22, 2023
Music industry veteran jimmy iovine faces sexual abuse allegation - photo licensed by shore news network.

By Dawn Chmielewski (Reuters) – Music industry veteran Jimmy Iovine was sued on Wednesday by an woman who claims she was sexually abused. In a …

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Biden Admin Throws Lifeline To Drowning Offshore Wind Industry

November 19, 2023
Biden admin throws lifeline to drowning offshore wind industry - photo licensed by shore news network.

Biden Admin Throws Lifeline To Drowning Offshore Wind Industry Harold Hutchison on November 17, 2023 The Biden administration announced Friday it’s proposing extending a tax …

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US, Ukraine announce military industry conference next month

November 17, 2023
Us, ukraine announce military industry conference next month - photo licensed by shore news network.

(Reuters) -Ukraine and the United States will hold a military industry conference in Washington on Dec. 6 and 7, Ukrainian and U.S. officials said on …

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Hollywood strikes sap economy as industry readies for revamp

November 15, 2023November 15, 2023
Hollywood strikes sap economy as industry readies for revamp - photo licensed by shore news network.

By Dawn Chmielewski, Danielle Broadway and Lisa Richwine LOS ANGELES (Reuters) – While Hollywood celebrates the end of strikes by writers and actors, the multibillion-dollar …

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Euro zone industry output slips, trade surplus continues in Sept

November 15, 2023November 15, 2023
Euro zone industry output slips, trade surplus continues in sept - photo licensed by shore news network.

BRUSSELS (Reuters) – Euro zone industrial production declined broadly in line with expectations in September, wiping out a rise in August as output of consumer …

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Asia airlines brace for cost hit, slow return of Chinese fliers – industry execs

November 10, 2023
Asia airlines brace for cost hit, slow return of chinese fliers - industry execs - photo licensed by shore news network.

By Chen Lin SINGAPORE (Reuters) – Asia-Pacific airlines face headwinds from rising fuel prices and high inflation, industry executives said on Friday, adding to a …

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Europe should brace for U.S. Treasury clearing rules, says industry body

November 7, 2023
Europe should brace for u. S. Treasury clearing rules, says industry body - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – Europe has nowhere to hide from U.S. plans to mandate clearing of U.S. Treasuries transactions that will need to …

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The Green Energy Industry Just Had An Absolutely Brutal Week

November 6, 2023

The Green Energy Industry Just Had An Absolutely Brutal Week Nick Pope on November 5, 2023 The past week has been marked by worrying developments …

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Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn

November 2, 2023

Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn Nick Pope on November 1, 2023 A proposed update to the …

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Hedge fund investors pull $80 billion from industry in 2023 – Aurum

November 1, 2023
Hedge fund investors pull $80 billion from industry in 2023 - aurum - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as …

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New Jersey Congressman Says Orsted Exit Exposes Economically Flawed Wind Energy Industry

November 1, 2023
New jersey congressman says orsted exit exposes economically flawed wind energy industry - photo licensed by shore news network.

NEW JERSEY, NJ – Danish company Ørsted announced today its decision to halt the development of two offshore wind turbine projects, Ocean Wind 1 and …

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Offshore Wind Industry May Need a Federal Bailout to Continue Projects Like the One in New Jersey

October 29, 2023
Offshore wind industry may need a federal bailout to continue projects like the one in new jersey - photo licensed by shore news network.

WASHINGTON, D.C. – A bailout package for the beleaguered offshore wind industry may be on the horizon, according to energy industry and policy experts. Despite …

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US-China tensions will slow global chip industry, TSMC founder says

October 26, 2023
Us-china tensions will slow global chip industry, tsmc founder says - photo licensed by shore news network.

By Krystal Hu NEW YORK (Reuters) -The founder of the world’s biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the …

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FY 2023 textile enforcement stats show CBP’s efforts to protect American industry

October 26, 2023
Fy 2023 textile enforcement stats show cbp’s efforts to protect american industry - photo licensed by shore news network.

WASHINGTON – U.S. Customs and Border Protection released fiscal year 2023 textile enforcement statistics today. The data reflects robust enforcement efforts that protect American workers …

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Cadence’s downbeat fourth-quarter forecast signals weakness in chip industry

October 23, 2023
Cadence's downbeat fourth-quarter forecast signals weakness in chip industry - photo licensed by shore news network.

(Reuters) – Cadence Design Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating …

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Japan auto show returns, as industry faces EV turning point

October 23, 2023October 23, 2023
Japan auto show returns, as industry faces ev turning point - photo licensed by shore news network.

By Daniel Leussink TOKYO (Reuters) – Tokyo’s auto show is back for the first time in four years and newly rebranded for the electric vehicle …

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New Jersey Highlights the Garden State’s Agritourism Industry

October 18, 2023
New jersey highlights the garden state's agritourism industry - photo licensed by shore news network.

Agritourism. Haven’t heard of it? Well, it’s something that not only exists in New Jersey, but it’s thriving and fall is a great time to …

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Hapag Lloyd expects three tough years for shipping industry -Welt am Sonntag

October 13, 2023October 13, 2023
Hapag lloyd expects three tough years for shipping industry -welt am sonntag - photo licensed by shore news network.

BERLIN (Reuters) – The head of German shipping firm Hapag Lloyd, Rolf Habben Jansen, expects the next three years to be difficult because demand for …

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Coal industry faces 1 million job losses from global energy transition – research

October 9, 2023
Coal industry faces 1 million job losses from global energy transition - research - photo licensed by shore news network.

SINGAPORE (Reuters) – The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out …

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Movie Industry Hoping Taylor Swift Puts People Back in New Jersey’s Movie Theater Seats

October 8, 2023
Movie industry hoping taylor swift puts people back in new jersey's movie theater seats - photo licensed by shore news network.

LOS ANGELES – Pop star Taylor Swift reinvigorated the New York Jets last week with her appearance at Met Life Stadium to see her boyfriend …

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New England states join to buy offshore wind power as US industry struggles

October 4, 2023
New england states join to buy offshore wind power as us industry struggles - photo licensed by shore news network.

(Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly procure offshore wind power as …

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Ukraine lures Western weapons makers to transform defence industry

September 30, 2023
Ukraine lures western weapons makers to transform defence industry - photo licensed by shore news network.

By Olena Harmash KYIV (Reuters) – President Volodymyr Zelenskiy said on Saturday he wants to turn Ukraine’s defence industry into a “large military hub” by …

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US DOJ files meat industry antitrust case against Agri Stats

September 28, 2023
Us doj files meat industry antitrust case against agri stats - photo licensed by shore news network.

By Leah Douglas (Reuters) -The U.S. Department of Justice on Thursday filed an antitrust lawsuit against data company Agri Stats, alleging that its weekly reports …

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US Senate looks at cannabis banking reform, but industry says it’s not enough

September 27, 2023September 27, 2023
Us senate looks at cannabis banking reform, but industry says it's not enough - photo licensed by shore news network.

By Moira Warburton WASHINGTON (Reuters) – A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal …

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Germany unveils measures to prop up ailing construction industry

September 25, 2023
Germany unveils measures to prop up ailing construction industry - photo licensed by shore news network.

By Maria Martinez and Riham Alkousaa BERLIN (Reuters) -The German government said on Monday it was shelving proposed building regulations as part of a 45-billion …

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Exclusive-Germany scraps plans for more stringent building standards to prop up industry

September 24, 2023September 24, 2023
Exclusive-germany scraps plans for more stringent building standards to prop up industry - photo licensed by shore news network.

By Christian Kraemer BERLIN (Reuters) – The German government will put on indefinite hold plans to require more stringent building insulation standards, environment minister Robert …

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China state asset manager plans $14 billion emerging industry fund -report

September 24, 2023September 24, 2023
China state asset manager plans $14 billion emerging industry fund -report - photo licensed by shore news network.

SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a …

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GOP-Led Probes, Court Rulings Have Throttled The Biden Admin’s Ability To Fund The Censorship Industry

September 24, 2023

GOP-Led Probes, Court Rulings Have Throttled The Biden Admin’s Ability To Fund The Censorship Industry Jason Cohen on September 23, 2023 Conservative legal efforts and …

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India to delay import licensing of laptops after US, industry push back, sources say

September 23, 2023
India to delay import licensing of laptops after us, industry push back, sources say - photo licensed by shore news network.

By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, …

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Japan’s Kishida seeks to shake up to $5 trillion asset management industry

September 21, 2023
Japan's kishida seeks to shake up to $5 trillion asset management industry - photo licensed by shore news network.

By Makiko Yamazaki (Reuters) – Japanese Prime Minister Fumio Kishida aims to spur competition in the country’s $5 trillion asset management industry by prompting new …

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Nvidia, other US chip stocks stall over valuation, industry worries

September 21, 2023
Nvidia, other us chip stocks stall over valuation, industry worries - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning …

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The Jersey Shore Oyster Industry From Farming to Eating the Pearl of the Garden State

September 21, 2023September 21, 2023
The jersey shore oyster industry from farming to eating the pearl of the garden state - photo licensed by shore news network.

Oysters have a long-standing history at the Jersey Shore, not just as a popular delicacy but also as a vital part of the local ecosystem. …

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UK car industry says ‘confusion’ on climate policy will hinder transition to EVs

September 20, 2023September 20, 2023
Uk car industry says 'confusion' on climate policy will hinder transition to evs - photo licensed by shore news network.

LONDON (Reuters) – The transition to electric cars in Britain will be hindered by any confusion over climate policy, the auto industry’s trade body said …

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Maritime industry explores nuclear power for ships as technology opens up

September 19, 2023
Maritime industry explores nuclear power for ships as technology opens up - photo licensed by shore news network.

By Jonathan Saul LONDON (Reuters) – The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology …

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German home building permits plunge as industry calls for stimulus

September 18, 2023
German home building permits plunge as industry calls for stimulus - photo licensed by shore news network.

FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump …

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Australia’s measures to bolster energy security hits LNG industry

September 15, 2023September 15, 2023
Australia's measures to bolster energy security hits lng industry - photo licensed by shore news network.

SINGAPORE (Reuters) – The Australian government implemented a series of regulations and measures in the gas industry to meet domestic energy needs, manage soaring gas …

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Malaysia to ban export of rare earths to boost domestic industry

September 11, 2023September 11, 2023
Malaysia to ban export of rare earths to boost domestic industry - photo licensed by shore news network.

By A. Ananthalakshmi and Mai Nguyen KUALA LUMPUR (Reuters) -Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation …

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Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount

September 7, 2023

Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount Nick Pope on September 6, 2023 The U.S. offshore wind industry has struggled in …

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China will widen market access for the service industry – President Xi

September 1, 2023
China will widen market access for the service industry - president xi - photo licensed by shore news network.

BEIJING/SHANGHAI (Reuters) -Chinese President Xi Jinping said on Saturday that China would widen market access in the service industry and promote cross-border services trade. Speaking …

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U.S. airlines, travel industry gear up for Labor Day weekend surge

September 1, 2023
U. S. Airlines, travel industry gear up for labor day weekend surge - photo licensed by shore news network.

By Priyamvada C (Reuters) – U.S. airlines and airports have geared up for a busy weekend ahead of the Labor Day holiday as travelers plan …

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US companies may delay Colombia investments over government comments, industry body says

August 23, 2023
Us companies may delay colombia investments over government comments, industry body says - photo licensed by shore news network.

BOGOTA (Reuters) – U.S companies operating in Colombia are not looking to pull out of the South American country, but comments and plans put forward …

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Biden Admin To Green Light Another Massive Offshore Wind Farm Amid Industry Troubles, Mounting Whale Deaths

August 22, 2023

Biden Admin To Green Light Another Massive Offshore Wind Farm Amid Industry Troubles, Mounting Whale Deaths Nick Pope on August 22, 2023 The Biden administration …

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The Automotive Industry Could Grind To A Halt If This Major Union Strikes

August 19, 2023

The Automotive Industry Could Grind To A Halt If This Major Union Strikes Will Kessler on August 19, 2023 The United Auto Workers (UAW) are …

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