Ford has no timeline to restart F-150 Lightning production after suspending it weeks ago. The automaker faces a $2 billion loss from a supplier fire and reportedly considers canceling the electric truck entirely as EV pickup demand disappoints.
The US Development Finance Corporation approved a $465 million loan to Serra Verde’s Brazilian rare earth mine. This marks a major push to develop supply chains independent of China, which currently dominates global rare earth production and processing.
The Department of Energy is investing $100 million in coal plant retrofits targeting wastewater management, dual-fuel capability, and natural gas cofiring. This comes amid declared energy emergencies and reliability concerns as coal retirements outpace replacement capacity. Applications are due Janu
Volklec is expanding into underwater power systems through a major partnership with Walker Subsea. Their D-Sea battery pack aims to revolutionize subsea vehicle autonomy by eliminating reliance on surface vessels. Underwater trials are scheduled for early 2026.
Metso has introduced its new Power Transmission solutions featuring specialized gearboxes for horizontal and vertical grinding mills. The systems include plug-and-play condition monitoring and are designed to reduce downtime while extending equipment life. The company already received its first orde
DDR5 memory prices have skyrocketed to all-time highs, with some kits now costing twice what they did just months ago. The price surge is driven by AI demand creating widespread memory shortages. This comes at the worst possible time for PC builders and holiday shoppers.
US tariffs have reached their highest levels since before World War II, creating massive uncertainty for global businesses. Companies from Ford to Nike are reporting billions in expected costs while scrambling to secure individual deals.
Ford, GM and Stellantis are seeing improved prospects despite earlier tariff chaos. New rebate programs and relaxed EV mandates are helping offset billions in potential losses while boosting domestic investment.
Apple is working on a budget MacBook priced well below $1,000 that uses an iPhone-class processor. The device, code-named J700, is expected to launch in the first half of 2026 and target the entry-level laptop market.
U.S. Steel has unveiled its massive $11 billion investment strategy under new owner Nippon Steel. The plan targets $3 billion in savings and aims to protect over 100,000 jobs nationwide. Modernization projects will focus on higher-value, lower-emission steel production.
