Big Business
Associated Press/Photo by Eugene Hoshiko (file)

Toyota, Mazda plan $1.6 billion plant in Alabama

by Leigh Jones
Posted 1/10/18, 11:57 am

Automakers Toyota and Mazda have chosen Huntsville, Ala., for a new $1.6 billion plant that eventually will bring about 4,000 jobs to the area. Alabama officials haven’t confirmed the deal, but Gov. Kay Ivey will make a major economic development announcement Wednesday. Alabama beat out North Carolina in the bid to woo the factory, which could begin operations as soon as 2021. The plant will produce Toyota Corollas and a new small SUV for Mazda, eventually churning out 300,000 vehicles per year. Huntsville already has a Toyota engine plant that employs about 1,500 people.

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ImagineChina via AP

Copycat crimes

Business | As China steals U.S. technology, American firms fear speaking up and losing access to a massive market
by June Cheng
Posted 1/03/18, 08:02 pm

Wind turbine company American Superconductor saw a huge opportunity to tap into the coveted Chinese marketplace after the Chinese government passed a renewable energy law in 2005. Partnering with the Chinese company Sinovel, American Superconductor provided the advanced computer software used to run the turbine, while Sinovel manufactured the turbine exterior.

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Associated Press/Photo by Karly Domb Sadof (file)

Apple bows to pressure, discounts iPhone batteries

by Evan Wilt
Posted 12/29/17, 12:09 pm

Apple announced Thursday it would discount replacement batteries for old iPhones amid criticism for throttling processing speed on outdated devices. “We know that some of you feel Apple has let you down,” the company said a statement. “We apologize.” Many customers expressed anger after discovering Apple’s latest software update deliberately slowed older phones to extend battery life.

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