BorgWarner Q1 profits take a hit from electrification R&D, inflation
BorgWarner Inc. executives are expecting a boom in the electrification business but not before e-products put some strain on its profitability. The supplier saw first-quarter sales of $4.2 billion, up 8 percent from a year ago, and net earnings of.....»»
HomeKit Weekly: Sylvania delivers a HomeKit smart plug at the lowest cost possible
Inflation is certainly affecting everyone. It’s laughable what some things have increased in price in the past few years. I’ve been testing a HomeKit plug that, thankfully, is somehow the lowest-cost plug I’ve seen on the market. The is the on.....»»
What the French Revolution can teach us about inflation
More than 200 years later, historians are still gleaning some unexpected insights from the French Revolution—not about tyranny or liberty—but rather, inflation......»»
Swytch Electric Bike Conversion Kit review: Sleek and easy bike electrification
The Swytch Bike electric conversion kit is a great and relatively simple way to turn your bicycle into an e-bike, even if you're not used to bike maintenance.The Swytch Power PackThe appeal of the electric bike is to have power-assisted cycling, allo.....»»
Biden says no one wants UAW strike, but profits should be shared with workers
"I understand the workers' frustration," he said. "Record corporate profits ... should be shared by record contracts for the UAW.".....»»
Poor charging experience hinders EV industry, Battery Show panel says
At an event bursting with technology to accelerate the industry's transition to electrification, experts say the charging experience of today remains a major hurdle......»»
Electrifying Your Home Is About to Lot Cheaper
Rebates from the Inflation Reduction Act could help households save thousands on heat pumps, weatherstripping, and other efficiency upgrades......»»
Survey reveals influences of political ideology on consumer food perceptions
Consumers generally remain more optimistic about food prices compared to a year ago. However, individuals self-identified as having liberal political beliefs predict lower food inflation than those who identify as being conservative, according to the.....»»
Industry needs Treasury guidance on Inflation Reduction Act"s EV sourcing rules, executives say
The U.S. Treasury Department should issue guidance on which vehicles will be eligible for EV tax credits under the Inflation Reduction Act's "foreign entity of concern" provision as soon as possible to give automakers, suppliers, dealers and consumer.....»»
BMW to make $750M U.K. investment in electric Mini output
BMW's investment will help offset a number of setbacks the U.K. has had in electrification, such as the collapse of the Britishvolt battery company......»»
Chimpanzees are not pets, no matter what social media tells you
Trading wild chimpanzees, including their meat and body parts, is illegal. And yet, social media influencers and companies still reap profits from sharing "cute" images and videos of chimpanzees and other primates poached from the wild. All the while.....»»
Compliance budgets under strain as inflation and workload grow
Compliance leaders are facing pressure to make the most of existing resources despite economic challenges and increased workload volume and complexity, according to Gartner. To face these challenges, leaders must address three crucial compliance func.....»»
2025 Minis feature new EV powertrains and wild interiors
Mini's going almost all-in on electrification. Enlarge / It's recognizably a mini, but with a bold, modern look. (credit: Mini) BMW provided flights from Albany to Munich and back, and three nights in a hotel so we could.....»»
Managers need menopause training to protect profits and retain women in senior jobs, say researchers
Women leaving work prematurely due to the effects of menopause costs Australian companies more than $10 billion a year. Macquarie Business School researchers say workplace training for managers is urgently needed to support women's well-being and pro.....»»
BYD confident of hitting 3 million sales despite China weakness, report says
BYD's chairman said the automaker will continue to make solid profits and hit sales goals, despite an intense sales war fueled by Tesla......»»
U.S. Treasury unveils wage, apprenticeship guidance for clean energy tax credits
The proposed IRS rules for construction of clean energy production and manufacturing facilities build on initial guidance last year in the Inflation Reduction Act, which has enabled the announcement of more than $110 billion worth of clean energy man.....»»
Study reveals how much carbon damage would cost corporations if they paid for their emissions
The world's corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies......»»
Clean-energy transition will hurt some communities more than others, so inclusive policy and investments are crucial
Thanks largely to the Inflation Reduction Act, U.S. policy has finally become a force in the clean-energy transition. By one estimate, the $369 billion law has already created more than 140,000 jobs in the renewable energy sector since its passage la.....»»
Better or different? How brand differentiation affects pay and profits
New research finds brands that leverage a reputation for quality to pay employees less risk eroding profits......»»
U.S. Treasury misses deadline to define green hydrogen
The Treasury Department had a year from the passage of the Inflation Reduction Act to release guidance on implementing the hydrogen production tax credit. Producers say they expect the delayed guidance in the fall......»»
Canada wildfires: Trudeau criticises Facebook over news ban amid crisis
The prime minister accuses the company of putting profits over safety amid Canada's wildfire crisis......»»