FOX BusinessConstruction booming across Arizona, causing employment rates in the industry to soarFOX Business - Sunny TsaiEmployment in the construction industry is booming across the country, increasing by more than 250,000 workers since last year, according to the Bureau of Labor Statistics (BLS). Arizona is one of the states experiencing the most growth, and the Phoenix-metro area alone had one of the highest …
FOX BusinessEx-merchant marine captain warns there is 'no way of controlling' cargo ship with mechanical errorFOX Business - Kristen AltusA former merchant marine captain – who’s traveled in and out of the Baltimore port "a number of times" – explained what happens when a mechanical error occurs on cargo ships. "When you look at these incidents, typically you'll look at human error, you'll look at mechanical error and possibly some …
FOX BusinessUnion: Meeting between United Steelworkers and Nippon goes nowhereFOX Business - Lydia HuNo progress was made in a high-stakes meeting Thursday between executives from the United Steelworkers and Nippon Steel, according to the union. The meeting was an effort by Nippon Steel to gain the support of union leadership for the Japanese company’s planned acquisition of U.S. Steel for about …
FOX BusinessFreight through Suez Canal sinks 45% amid Houthi attacksFOX Business - Michael DorganFreight going through the Suez Canal has plunged by nearly half since Iran-backed Houthi militants began attacking vessels in the Red Sea as a show of support for Palestinians in the Israel-Hamas war. UNCTAD, the United Nations Conference on Trade and Development, which supports developing countries …
FOX BusinessChinese company poised to overtake Tesla as biggest EV maker on path to global leadership: reportFOX Business - Peter AitkenChinese electric car company BYD may overtake Tesla as the world’s biggest electric vehicle maker after it surpassed Tesla’s fourth-quarter production. Tesla produced around 484,000 units in the final quarter of 2023 – an increase of 19.5% from the same period last year – but BYD sold more than …
FOX BusinessToyota subsidiary shuts down production after admitting to decades of safety test 'irregularities'FOX Business - Peter AitkenA Japanese car manufacturer has temporarily shut down production after admitting to decades of fraudulent safety test results. "We recognize the extreme gravity of these irregularities, their causes, and the recommendations to prevent their recurrence identified during the Independent Third-Party …
