Hints and tips:
...Chicago Fed president Austan Goolsbee will participate in a question-and-answer session at the Economic Club of Minnesota....
...The latest job cuts at the Post-it note maker are in addition to the 2,500 global manufacturing positions it shed in January....
...manufacturing roles....
...The letter, seen by the Financial Times, comes just a week after 3M said it will cut 2,500 jobs worldwide, largely in its manufacturing operations, which employ about 50,000 people. 3M spans industries from...
...Legacy liabilities of that kind are piling up at 3M. The Minnesota-based company on Tuesday said it would stop manufacturing “forever chemicals” known by the “Pfas” abbreviation....
...Minnesota-based 3M faces billions of dollars in lawsuits from individuals and states alleging that Pfas contained in its products has contaminated rivers and caused health problems including cancer....
...Its exports and manufacturing output are in decline, inflation is suppressing consumer demand and the construction industry is reeling from high interest rates....
...Founded as the Minnesota Mining and Manufacturing Company in 1902, 3M has long touted the advantages of sharing scientific expertise between its diverse divisions....
...The White House tried to force 3M to export masks to the US from its hub in Singapore as tensions with the Minnesota-based manufacturer spilled into the open in the midst of the coronavirus pandemic. 3M...
...Paul Cronin, Adriatic’s chief executive, also intends to sell 3m shares if demand is strong enough....
...Supply-chain disruptions that held back manufacturing production in October “remained rife in November, easing only a tad”, said Henderson....
...Blackwell, a founder of the Minnesota Association of Black Lawyers, counts manufacturing company 3M as a client and won a posthumous pardon for a black man in a century-old Minnesota rape case....
...The country’s top coal producing province of Shanxi told 98 mines to raise output capacity by 55.3m tonnes annually, Reuters reported....
...CH Robinson, a Minnesota-based logistics company, said the over-ordering has exacerbated shipping disruptions....
...Employment in that sector remains down 1.3m since before the pandemic. Mining, trade, and public and private education saw little change....
...The former Minnesota Mining and Manufacturing company, founded in 1902 to excavate a mineral used in sandpaper, now spans industries from pet care to car safety, even if it remains best known for its Post-it...
...However, any fresh measures will most likely affect the locals who depend on artisanal mining to support their families....
...PMI (Apr, final) China, NBS non-manufacturing PMI (Apr, Index) China, NBS manufacturing PMI (Apr, Index) France, GDP (Q1, flash) France, CPI (Apr, flash) Spain; Germany; Italy, GDP (Q1, flash) Eurozone...
...None of the masks will be coming from 3M’s other manufacturing facilities around the world, including Europe....
...It is an abundant resource but the ability of companies to refine it for battery manufacturing is limited. Substitutes are scarce. Building new lithium mining facilities can take up to 10 years....
...A year ago they carried 5.3m short tons a week. Taxes related to coal production have traditionally provided about 15 per cent of the state budget, he said....
...The Minnesota-based company unveiled plans for an overhaul that will see it consolidate its manufacturing, supply chain and customer operations....
...Zijin Mining Sector: MINING / HQ: LONGYAN, CHINA Rising copper and gold prices have improved the fortunes of China’s Zijin Mining....
...Ford is working with Minnesota manufacturer 3M and GE Healthcare on efforts to build a modified respirator and a modified ventilator, the latter of which would need fast-tracked approval from the federal...
...Mike Pence, the US vice-president leading the federal government's response, was on Thursday travelling to Minnesota to visit 3M, one of the biggest manufacturers of protective medical gear, and Washington...
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