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…
Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry group
By Karen Freifeld (Reuters) – A chip industry group is warning that if U.S. allies do not adopt curbs on semiconductor manufacturing equipment to China that are comparable to U.S. controls, they…
Albemarle calls for high lithium prices to fuel EV industry growth
By Ernest Scheyder (Reuters) -Albemarle Corp on Tuesday called for lithium prices to remain high indefinitely in order to help the mining industry develop new sources of the electric vehicle (EV) battery…
Industry vs. Regulator – aviation heavyweights spar in Dublin
By Joanna Plucinska DUBLIN (Reuters) – Two of the leading figures in aviation sparred publicly about sustainability, airport disruption and how the war in Ukraine is impacting Europe’s skies in a rare…
The US Crackdown On Chinese Slave Labor Is Devastating The Solar Industry
The US Crackdown On Chinese Slave Labor Is Devastating The Solar Industry Jack McEvoy on January 13, 2023 The federal government has seized thousands of Chinese solar imports that were made using…
Russian car sales down 58.8% in 2022 as sanctions hit industry hard
MOSCOW (Reuters) -Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday, as the industry reels from the impact of Western sanctions on Moscow.…
Top New York City Restaurant Owner says Gov. Hochul’s Gas Stove Ban Would ‘Destroy’ His Industry
Harold Hutchison on January 10, 2023 NEW YORK, NY – In an interview with Tucker Carlson Tuesday, the owner of some of New York City’s top restaurants said New York Democratic Gov.…
German industry is losing green energy race, autos association warns
BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president of German autos association VDA warned on…
Biden’s EPA Prepares To Clamp Down On Industry With New Soot Pollution Limits
Biden’s EPA Prepares To Clamp Down On Industry With New Soot Pollution Limits Jack McEvoy on January 6, 2023 The Environmental Protection Agency (EPA) on Friday proposed a new rule that will…
Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city, signalling the luxury industry’s confidence in a strong return of Chinese shoppers…
Lula’s fuel tax U-turn likely to hit sugar, ethanol industry
By Roberto Samora and Marcelo Teixeira SAO PAULO/NEW YORK (Reuters) – Brazilian sugar and ethanol companies are likely to be negatively impacted after Brazil’s new President Luiz Inacio Lula da Silva surprised…
High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of 2% will only become feasible by the middle of the decade, the…
A Dem-Linked Dark Money Network Is Quietly Funding The ‘Misinformation’ Research Industry
A Dem-Linked Dark Money Network Is Quietly Funding The ‘Misinformation’ Research Industry Ailan Evans on December 26, 2022 Several funds managed by Arabella Advisors, a Democrat-linked consultant firm, are quietly bankrolling research…
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies to produce less as high energy prices due to the war in…
The EPA’s Latest Regulation Could Imperil The Trucking Industry
The EPA’s Latest Regulation Could Imperil The Trucking Industry Jack McEvoy on December 25, 2022 The Environmental Protection Agency (EPA) finalized a rule Tuesday that will impose stricter nitrogen dioxide emissions standards…
Congress Just Gave The Weapons Industry A Massive Paycheck. Here’s What That Means For US Defense
Congress Just Gave The Weapons Industry A Massive Paycheck. Here’s What That Means For US Defense Micaela Burrow on December 25, 2022 Congress authorized a massive increase in spending on weapons and…
Buffalo, New York sues gun makers, accusing industry of fueling violence
By Brendan Pierson (Reuters) – The upstate New York city of Buffalo on Tuesday filed a lawsuit in state court accusing major gun manufacturers of fueling violence through irresponsible marketing and sales…
India’s textile industry faces tough times as consumers cut spending
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets…
EU leaders seek proposals by end of January on preserving industry
BRUSSELS (Reuters) – EU leaders called on the European Commission on Thursday to present proposals by the end of January to preserve European industry that is under threat from higher energy prices…
AbbVie to leave leading U.S. drug industry trade group
(Reuters) – AbbVie Inc is leaving Pharmaceutical Research and Manufacturers of America (PhRMA), the leading U.S. drug industry group said on Thursday. Politico, which first reported on AbbVie’s exit, said the drugmaker…
Germany calls for global regulation of crypto industry
FRANKFURT (Reuters) – Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability. Mark Branson, the president of Germany’s…
Italy October industry output falls more than expected for second month running
ROME, Dec 13 (Reuters) – Italian industrial output fell more than expected in October after plunging the month before, data showed on Tuesday getting the fourth quarter off to a bad start…
Phil Murphy announces new inclusive, green energy industry initiative
New Jersey Governor Phil Murphy wants his state to be known as the most inclusive and green state in America. Putting to bed New Jersey’s industrial past, where it was among the…
European tech industry loses $400 billion market value, report says
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – The European tech industry saw $400 billion in value wiped out this year and an 18% decline in venture capital funding, according to…
Criminal charges unsealed against 12 individuals in wide-ranging scheme to monopolize transmigrante industry and extort competitors near U.S.-Mexico border
HOUSTON – The Department of Justice has announced the unsealing of an 11-count indictment charging 12 individuals in a long-running, multi-faceted conspiracy to monopolize the transmigrante forwarding industry in the Los Indios…
Germany to set up climate protection contracts with industry in 2023 – minister
(Reuters) – Germany will set up so-called climate protection contracts with industrial companies next year to support a transition towards cleaner production and a switch to hydrogen, Economy Minister Robert Habeck said…
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