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Industry

Euro zone industry output flat in sluggish start to 2022

March 15, 2022
Euro zone industry output flat in sluggish start to 2022 - photo licensed by shore news network.

BRUSSELS – Euro zone industrial production was unchanged in January from December, data showed on Tuesday, indicating a sluggish start to 2022 even before any …

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U.S. ethanol industry banks on carbon capture to solve emissions problem

March 11, 2022
U. S. Ethanol industry banks on carbon capture to solve emissions problem - photo licensed by shore news network.

By Leah Douglas – U.S. ethanol producers are betting heavily on carbon capture and storage (CCS) technology to lower their greenhouse gas emissions and secure …

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U.S. solar installations to contract this year on inflation – industry forecast

March 10, 2022
U. S. Solar installations to contract this year on inflation - industry forecast - photo licensed by shore news network.

– U.S. solar installations soared 19% to hit a record last year, but new capacity will slide in 2022 as project developers struggle with cost …

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RCG Global Services Appoints Insurance Industry Veteran Patti Griffin to Board

March 9, 2022
Rcg global services appoints insurance industry veteran patti griffin to board - photo licensed by shore news network.

 ISELIN, N.J., March 9, 2022 — RCG Global Services (“RCG” or “the Company”) is proud to announce the appointment of Patti Griffin to its Board of …

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Italy industry output dives, growth outlook weakens

March 9, 2022
Italy industry output dives, growth outlook weakens - photo licensed by shore news network.

By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the …

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Electric Vehicle Industry Hit With Bad News Amid Ukraine Crisis

March 8, 2022
Electric vehicle industry hit with bad news amid ukraine crisis - photo licensed by shore news network.

Electric Vehicle Industry Hit With Bad News Amid Ukraine Crisis Thomas Catenacci on March 8, 2022 The London Metal Exchange (LME) suspended trading of nickel, …

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Arms industry eyes boost as Europe looks to bolster defences

March 7, 2022
Arms industry eyes boost as europe looks to bolster defences - photo licensed by shore news network.

By Alexander Cornwell RIYADH – Russia’s invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era …

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China vows to continue its crackdown on industry monopolies

March 4, 2022
China vows to continue its crackdown on industry monopolies - photo licensed by shore news network.

BEIJING – China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start …

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Turkish textile industry suffers as customers in Ukraine and Russia cancel orders

March 4, 2022
Turkish textile industry suffers as customers in ukraine and russia cancel orders - photo licensed by shore news network.

By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers …

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25 States Line Up Against Biden Attack On Natural Gas Industry

March 1, 2022
25 states line up against biden attack on natural gas industry - photo licensed by shore news network.

Half of all U.S. states penned a letter to the Biden administration, arguing against its decision to reverse a Trump-era rule allowing energy firms to …

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Ukraine Crisis Proves The Need For Domestic Fossil Fuel Production, Industry Groups Say

February 28, 2022
Ukraine crisis proves the need for domestic fossil fuel production, industry groups say - photo licensed by shore news network.

Major U.S. oil and gas industry groups urged the Biden administration Thursday to boost domestic energy production amid the ongoing Russian invasion of Ukraine. “The …

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Russia to retaliate against sanctions on aviation industry, Kremlin says

February 28, 2022
Russia to retaliate against sanctions on aviation industry, kremlin says - photo licensed by shore news network.

MOSCOW – Moscow will retaliate against Western sanctions targeting Russia’s aviation industry over the invasion of Ukraine, Kremlin spokesperson Dmitry Peskov said on Monday. “The …

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EU’s new sanctions on Russia will target industry, export controls – diplomat

February 24, 2022February 24, 2022
Eu's new sanctions on russia will target industry, export controls - diplomat - photo licensed by shore news network.

BRUSSELS – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU …

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Cuba’s sugar industry headed toward worst season ever as production falters

February 23, 2022February 23, 2022
Cuba's sugar industry headed toward worst season ever as production falters - photo licensed by shore news network.

By Marc Frank HAVANA – The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening …

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De Beers CEO sees stable natural diamond supply, decent industry growth

February 21, 2022
De beers ceo sees stable natural diamond supply, decent industry growth - photo licensed by shore news network.

By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De …

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Private equity’s latest play: the troubled kids industry

February 17, 2022February 17, 2022
Private equity's latest play: the troubled kids industry - photo licensed by shore news network.

By Michelle Conlin NEW YORK -Private equity firms are increasingly investing in behavioral services for troubled youth, according to a new report released on Thursday …

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Despite challenges, Asia’s aerospace industry plots rebound at air show

February 17, 2022
Despite challenges, asia's aerospace industry plots rebound at air show - photo licensed by shore news network.

By Chen Lin and Aradhana Aravindan SINGAPORE – As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market …

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US biofuel industry defends record as Biden administration mulls policy reform

February 16, 2022
Us biofuel industry defends record as biden administration mulls policy reform - photo licensed by shore news network.

– Backers of the U.S. biofuel industry told lawmakers on Wednesday that the nation’s renewable fuel mandates are good for farmers, national security and the …

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Construction industry groups oppose Biden’s executive order in letter to White House

February 16, 2022February 16, 2022
Construction industry groups oppose biden's executive order in letter to white house - photo licensed by shore news network.

WASHINGTON – Sixteen groups representing the U.S. construction industry sent a letter to the White House opposing a recent executive order signed by President Joe …

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China’s ‘common prosperity’ drive positive for wealth management industry – UBS

February 16, 2022
China's 'common prosperity' drive positive for wealth management industry - ubs - photo licensed by shore news network.

By Selena Li HONG KONG – China’s drive for “common prosperity” to ease inequality could be a positive catalyst for the local wealth management industry, …

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Raytheon says it is a ‘target’ of a DOJ probe into industry hiring practices

February 11, 2022
Raytheon says it is a 'target' of a doj probe into industry hiring practices - photo licensed by shore news network.

– Raytheon Technologies Corp said it is a target of a U.S. Department of Justice investigation into hiring practices in the aerospace industry, the U.S. …

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White House tells chip industry to brace for Russian supply disruptions

February 11, 2022February 11, 2022
White house tells chip industry to brace for russian supply disruptions - photo licensed by shore news network.

By Alexandra Alper and Karen Freifeld WASHINGTON – The White House is warning the chip industry to diversify its supply chain in case Russia retaliates …

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Federal agencies probe migrant exploitation in Alabama chicken industry

February 7, 2022
Federal agencies probe migrant exploitation in alabama chicken industry - photo licensed by shore news network.

By Joshua Schneyer, Mica Rosenberg and Kristina Cooke ENTERPRISE, Alabama – At least three federal agencies last year began investigating working conditions for migrants in …

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U.S. judge rejects Shkreli’s objections to lifetime drug industry ban

February 4, 2022February 4, 2022
U. S. Judge rejects shkreli's objections to lifetime drug industry ban - photo licensed by shore news network.

By Jonathan Stempel NEW YORK – A U.S. judge on Friday rejected former pharmaceutical executive Martin Shkreli’s objections to being banned for life from the …

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Cluck You: Joe Biden pledges a fairer, more competitive poultry industry

January 3, 2022
Cluck you: joe biden pledges a fairer, more competitive poultry industry - photo licensed by shore news network.

In July, President Biden signed an Executive Order on Promoting Competition in the American Economy to create a fairer, more resilient, and more dynamic economy. Over the …

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Gas Prices Set To Surge Again, Industry Analysis Shows

December 28, 2021

The price of gasoline is set to increase to $4 per gallon or more within five months, according to an industry analysis released Tuesday. The …

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Democrats Demand Federal Probe Into Oil, Gas Industry Over ‘Life-Threatening Environmental Justice Issue’

December 21, 2021

A group of House Democrats from New York called for a federal investigation Tuesday into the role “peaker” power plants have in contributing to air …

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White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’

December 7, 2021
White house report flags hunter biden’s industry as potential hotbed for ‘financial crimes’ - photo licensed by shore news network.

The White House flagged the art market as a potential vector for financial corruption in a report Monday, but it made no mention of the …

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Democrats Launch Another Probe Into Fossil Fuel Industry Over Emissions Data

December 4, 2021

The top Democrat on the House Science, Space and Technology Committee sent letters to ten fossil fuel firms demanding information on methane emissions and leaks. …

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15 States Vow To Protect Oil, Gas Industry From ‘Woke’ Banks

November 22, 2021
15 states vow to protect oil, gas industry from ‘woke’ banks - photo licensed by shore news network.

A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel industry. The coalition of top …

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Restaurant industry to focus on “healthy people” and “healthy planet” food options in 2022

November 18, 2021
Restaurant industry to focus on "healthy people" and "healthy planet" food options in 2022 - photo licensed by shore news network.

Washington, DC – Restaurant customers can expect to see health taking center stage on restaurant menus in 2022. The National Restaurant Association today released its annual What’s …

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Paid to lose: Inside the big industry of losing elections within the New Jersey Republican party

November 12, 2021
Paid to lose: inside the big industry of losing elections within the new jersey republican party - photo licensed by shore news network.

Jack Ciattarelli may have lost the race for governor, but that doesn’t matter much to those who ran his campaign. That’s because throughout the ordeal, …

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Biden’s ‘Marxist’ Treasury Nominee Wants To Bankrupt, ‘Starve’ Fossil Fuel Industry To Tackle Climate Change

November 9, 2021

President Joe Biden’s nominee for a key Treasury Department role admitted that oil, natural gas and coal firms need to go bankrupt to prevent climate …

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‘Quintessential A**hole Industry’: Biden Treasury Nominee Has Harsh Words For Financial Service Jobs

October 20, 2021

President Joe Biden’s nominee for a top Treasury Department post had harsh words for the financial services sector, calling it an “a**hole industry,” in a …

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US Industrial Production Dropped In September As Supply Chain Bottlenecks Plagued The Auto Industry

October 20, 2021
Us industrial production dropped in september as supply chain bottlenecks plagued the auto industry - photo licensed by shore news network.

U.S. industrial production declined in September as supply chain bottlenecks in the auto industry and lingering effects of Hurricane Ida impacted manufacturing and mining output, …

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Biden Begs Oil Industry To Lower Prices As Energy Crisis Looms: REPORT

October 14, 2021
Biden begs oil industry to lower prices as energy crisis looms: report - photo licensed by shore news network.

President Joe Biden recently petitioned oil industry leaders to help lower skyrocketing energy prices as cold weather approaches, Reuters reported. The White House is concerned …

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Business, Industry Leaders Urge Congress To Pass Bipartisan Infrastructure Bill

September 30, 2021
Business, industry leaders urge congress to pass bipartisan infrastructure bill - photo licensed by shore news network.

Business and trade group leaders urged Congress on Thursday to rise above political battles and pass the trillion-dollar bipartisan infrastructure legislation before it’s too late. …

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Tech Industry Groups Sue Texas Over Anti-Censorship Social Media Law

January 26, 2022September 22, 2021
Tech industry groups sue texas over anti-censorship social media law - photo licensed by shore news network.

Groups representing major tech companies filed a lawsuit Wednesday against the state of Texas over a social media law passed earlier this month that aimed …

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