Maryland gaming industry delivers $1.589 billion to state programs in fiscal year 2025
Baltimore, MD – The Maryland Lottery, casinos, sportsbooks, and daily fantasy sports operators contributed a combined $1.589 billion to state programs and services during Fiscal Year 2025, according to new figures released…
These Fantastic Local Breweries Are Keeping New Jersey’s Craft Beer Industry In the Game
New Jersey’s beer brewing history is rich and diverse, with a landscape dotted by breweries that have garnered acclaim and a dedicated following. From coastal Cape May to the bustling hubs of…
Industry pain abounds as electric car demand hits slowdown
By Nick Carey and Joseph White (Reuters) – While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial…
New Jersey’s Volatile Craft Brewing Industry Suffers Another Casualty
Bergen County Brewery, The Alementary, to Close Despite Relaxed State Laws Hackensack, NJ – The Alementary, a well-regarded craft brewery in Bergen County, has announced plans to cease operations after eight years…
German car sales to lag global recovery, industry warns
BERLIN (Reuters) – German car sales are lagging the recovery in the global passenger car market, with 2024 sales expected to be 25% below pre-pandemic levels, data from German auto association VDA…
New Jersey Congressmen Slam Offshore Wind As Murphy Pushes Forward
TOMS RIVER, NJ – A recent hearing on offshore wind projects, attended by Atlantic Coast lawmakers, has sparked intense debate over the impact of these initiatives on the economy, public safety, and…
Salesforce laying off 700 workers in latest tech industry downsizing – WSJ
(Reuters) -Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the…
Italy industry minister has no bad-loan proposal in the offing
ROME (Reuters) – Italy’s industry minister, Adolfo Urso, has no plans to promote measures to help borrowers in arrears and would rather leave the matter with parliament, he told Reuters, after proposals…
Aviation industry needs to refocus, says Wizz Air CEO
By Joanna Plucinska LONDON (Reuters) – The airline industry will have to put quality at the forefront and refocus in the wake of an incident where a cabin panel blew off a…
Tin shackled by surplus, but green industry demand poised to mop up supplies
By Pratima Desai LONDON (Reuters) – The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including…
Lula upset by lack of clear goals in Brazil’s new industry plan, sources say
By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva was displeased by a new industrial development plan announced on Monday by the government and told ministers it lacked…
Seafarers’ safety must be enhanced in Red Sea, shipping industry says
By Jonathan Saul LONDON (Reuters) – Countries in the Red Sea region need to enhance security to protect seafarers at risk as attacks on merchant shipping worsen, industry officials said on Thursday.…
Global tobacco use tumbles despite industry lobbying: WHO
By Emma Farge GENEVA (Reuters) – Global tobacco use has tumbled in a generation with one in five people smoking versus one in three in 2000, the World Health Organization said on…
DAVID BLACKMON: The EV Industry Had A No Good, Terrible, Very Bad Week
DAVID BLACKMON: The EV Industry Had A No Good, Terrible, Very Bad Week David Blackmon on January 14, 2024 This has been quite a week for absurd news emanating from the world…
Airbus CEO says jet industry needs more capacity
PARIS (Reuters) – Aerospace is hiring more workers and expanding capacity to secure its production plans as demand returns to pre-COVID levels, Airbus CEO Guillaume Faury said on Friday. “There is more…
New Jersey Hoping to Boost Craft Beer Industry with the Jersey Brew Trail
The Garden State is enhancing its craft beer scene with the introduction of the Jersey Brew Trail, a new initiative aimed at promoting nearly 50 craft breweries across New Jersey. This innovative…
China 2023 vehicle sales rise 12% – industry association
BEIJING (Reuters) – China’s 2023 vehicle sales rose 12% year-on-year to 30.1 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on Thursday. Vehicle sales in December including exports jumped 23.5%…
VW, Toyota saw China market share shrink in 2023: industry association
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – Volkswagen Group and Toyota Motor saw their share of the world’s largest auto market shrink last year, industry data showed on Wednesday, as…
New Jersey Governor Full Steam Ahead on Wind Farms Amid Crippling Industry Crisis
Setbacks in Offshore Wind Energy Projects in New Jersey and New York TRENTON, NJ, — The offshore wind energy sector in New Jersey and New York is experiencing significant challenges. In New…
Ukraine’s Zelenskiy notes signs of ‘slowdown’ in Russian military plans, industry
(Reuters) – President Volodymyr Zelenskiy said on Thursday that Ukraine was receiving signals that Russia’s military planning and activity were slowing. Zelenskiy, in his nightly video address, said this was noted in…
‘Big Trouble’: Here’s How Newsom’s California Is Killing The American Auto Industry
‘Big Trouble’: Here’s How Newsom’s California Is Killing The American Auto Industry Will Kessler on December 14, 2023 Stellantis plans to lay off thousands of workers in Detroit and Ohio in 2024…
EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, autos group ACEA said on Thursday citing new report findings, amid China’s dominance of the…
Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry
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 released a supplemental budget Wednesday calling for…
Euro zone industry output falls by more than expected in October
BRUSSELS (Reuters) – Euro zone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the single-currency area is…
GlobalFoundries names chip industry veteran Hollister as CFO
(Reuters) – GlobalFoundries named semiconductor industry veteran John Hollister as its finance chief on Monday, replacing David Reeder, who is leaving after a three years at the contract chipmaker. Hollister, who started…
New Jersey’s Wind Farm Failures Having Ripple Effect on Industry Worldwide
NEW YORK, NY – The global wind power sector is set to experience less capacity growth than previously anticipated over the next decade, according to a recent report by consultancy Wood Mackenzie.…
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