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Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin on Dec. 1, 2020. A federal judge in California has dismissed a securities fraud and defamation lawsuit on Thursday, May 19, 2022, that a Tesla investor had filed against CEO Elon Musk, the company and a supporter of Musk.
Judge Tosses Lawsuit Against Musk, Tesla
The suit was filed by a Tesla investor.
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Hyundai2
Hyundai Announces $5.5B Electric Vehicle Plant in Georgia
It will also produce vehicle batteries.
May 23rd, 2022
NioCorp Developments CEO Mark Smith talks to a group of investors during a tour on Oct. 6, 2021, about the prospects for a proposed mine the company hopes to build near Elk Creek in southeast Nebraska, to extract critical minerals NioCorp Developments, the mining company that wants to extract a rare heat-resistant element from the ground under southeast Nebraska says a new report shows the deposit it plans to mine holds a significant amount of other rare elements, Thursday, May 19, 2022.
Proposed Nebraska Mine Has Sizeable Deposit of Rare Elements
Those elements are needed to make magnets used in electric vehicles.
May 20th, 2022
Top Headlines
I Stock 945849940
Los Angeles Meat Company Illegally Fired Worker on Medical Leave
May 20th, 2022
In 2020, electric vehicles represented only 1% of the global vehicle fleet, including hybrid vehicles.
Is Cognitive Bias Blocking the Rise of Electric Cars?
May 20th, 2022
Secretary of Energy Jennifer Granholm speaks during a Senate Energy and Natural Resources hearing to examine the President's proposed budget request for fiscal year 2023 for the Department of Energy, Thursday, May 5, 2022, on Capitol Hill in Washington. The Department of Energy said Thursday, May 19, 2022 it will release $3.5 billion to groups developing direct air capture and other technologies that remove carbon dioxide, which when released into the atmosphere causes global warming.
Carbon Removal Technologies to Get $3.5B Federal Investment
May 20th, 2022
Hyundai
Announcement Expected to Confirm $7B Auto Plant in Georgia
May 20th, 2022
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Industrial Media Unboxing Video
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Industrial Media Unboxing Video
IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.
Apr 22nd, 2022
US President Joe Biden, cente, South Kroean President Yoon Suk-youl, right and Samsung Electronics Co. Vice Chairman Lee Jae-yong, second left, walk at the Samsung Electronic Pyeongtaek Campus, in Pyeongtaek, South Korea, Friday. May 20, 2022.
Biden: SKorean Chip Plant a Model for Deeper Ties to Asia
Samsung, the chip plant's owner, last November announced plans to open a $17 billion semiconductor factory in Texas.
May 20th, 2022
Online Safety And Security
Securing Systems to Reduce Cyber Threat Risk
Industrial cybercrime has far-reaching consequences that extend beyond the purely financial.
May 19th, 2022
Screen Shot 2022 05 19 At 1 44 02 Pm
Milwaukee Tool Begins Construction of Mississippi Facility
The power tool maker is investing more than $60 million in equipment and advanced technology.
May 19th, 2022
The Tesla charging network is made up of two types of charging stations: Superchargers and Destination chargers.
Upscale Hotels Benefit from EV Charging Stations, Study Shows
The researchers looked at the impact of hosting Tesla charging stations on 2,774 hotels.
May 19th, 2022
An employee walks near empty shelves where baby formula would normally be located at a CVS in New Orleans on Monday, May 16, 2022. President Joe Biden's administration has announced new steps to ease the national shortage of baby formula, including allowing more imports from overseas.
Baby Formula Industry Was Primed for Disaster Long Before Key Factory Closed Down
The root of the problem begins with government-created monopolies.
May 19th, 2022
The LMXT is built on the design of the Airbus A330 Multi Role Tanker Transport.
Lockheed Martin to Build Aerial Refueling System in U.S.
The exact location of the manufacturing facility has yet to be determined.
May 19th, 2022
Former Turing Pharmaceuticals CEO Martin Shkreli attends the House Committee on Oversight and Reform Committee hearing on Capitol Hill in Washington, Feb. 4, 2016. Shkreli has been freed from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company.
'Pharma Bro' Freed from Prison
Martin Shkreli gained notoriety after buying rights to a drug used to treat AIDS and cancer patients and raising its price to $750 per pill.
May 19th, 2022
I Stock 1221483730
Agency Files Discrimination Complaint Against Amazon
The e-commerce giant allegedly denied “reasonable accommodations” and forced workers to take unpaid leave.
May 18th, 2022
Federal Reserve Board Chair Jerome Powell during a news conference in Washington, May 4, 2022.
Fed to Keep Hiking Rates Until it Controls Inflation
The high-stakes effort carries the risk of causing an eventual recession.
May 18th, 2022
Dozens of environmental and anti-nuclear groups are opposing an extension of the plant's life.
Environmentalists Oppose More Life for California Nuke Plant
It is the state's last operating nuclear power plant.
May 18th, 2022
Japan’s nuclear regulator on Wednesday, May 18, 2022, approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the environment minimal.
Japan OKs Plan to Release Fukushima Nuclear Plant Wastewater
There is still concern about the potential health hazards.
May 18th, 2022