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Global Battery Race Heats Up With Billions for Europe’s Northvolt

Jan. 16, 2024 12:01 am ETOne of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks including JPMorgan Chase, accelerating a race to build more batteries outside China and take advantage of a tidal wave of clean-energy subsidies.Europe’s Northvolt plans to use the funding to grow battery production at a factory in northern Sweden for customers such as Volkswagen and BMW. It also plans to expand a recycling facility next door that will convert scrap metal

The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared

One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet.Companies in the S&P 500 spent $65 million for executives to use corporate jets for personal travel in 2022, up about 50% from prepandemic levels three years earlier, a Wall Street Journal analysis found. Early signs suggest the trend continued last year. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 One of the flashiest executive perks

Boeing Faces Longer Wait to Resume MAX Deliveries in China

Updated Jan. 15, 2024 12:03 am ETBEIJING—Boeing’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised to benefit from the thaw in U.S.-China relations.China Southern Airlines, one of several Chinese carriers with undelivered MAX jets, has been readying to receive Boeing’s planes as early as January, people familiar with the matter said. Now the airline is planning to conduct additional safety inspections on those aircraft

'This Has Been Going on for Years.' Inside Boeing's Manufacturing Mess.

Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight. Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

What if You Never Had to Charge Your Gadgets Again?

After decades of trying, consumer electronics companies are rolling out a solar technology that mimics photosynthesis in plants. It lets devices charge indoors and, in some cases, can eliminate batteries entirely.This new light-harvesting tech is fundamentally different from the crystalline silicon-based panels on rooftops and in solar farms, and also from the amorphous silicon cells on the kind of solar-powered calculators that were once ubiquitous. This new tech is based on principles first explored by chemists in the…

America’s Gas Bonanza Brings Biden New Political Dilemmas

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches. In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

EPA Calls on Telecom Executives to Meet About Lead-Sheathed Phone Cables

 The Environmental Protection Agency sent letters requesting telecom companies to meet with the agency about their lead-sheathed phone cables, in a new phase of an investigation in the EPA’s efforts to protect the public from potential lead hazards.The agency’s move comes on the heels of the EPA finding more than 100 soil and sediment readings with lead above the regulator’s safety guideline for children at some phone lead-cable sites identified by The Wall Street Journal in three states.Copyright ©2024Dow Jones &

FAA Formally Notifies Boeing of Investigation Following MAX 9 Incident

Jan. 11, 2024 12:53 pm ETFederal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane.The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved designs.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jan. 11, 2024 12:53 pm ETFederal regulators have formally notified Boeing

Airbus Shatters Record for Jet Orders as Demand Soars

Updated Jan. 11, 2024 2:43 pm ETLONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft.The company said it had booked 2,319 gross orders last year, more than twice the number in 2022 and 29.1% higher than its 1,796 record set in 2014.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 11, 2024 2:43 pm ETLONDON—

China’s Solar Dominance Faces New Rival: An Ultrathin Film

Jan. 10, 2024 11:00 pm ETTOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film.Japan is pushing the technology with subsidies and other support, a sign of how renewable energy, alongside other high-tech fields such as semiconductors, has become a geopolitical football.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.