Why The iPhone Can't Be Made In The US

A decade after iPhone's introduction, there's a good reason why the Apple device is still not made in the U.S.

Jul 3rd, 2017

In this April 20, 2021 file photo, visitors look at the latest electric car from Volkswagen during the Shanghai Auto Show in Shanghai, China. Volkswagen's earnings bounced back strongly in the first quarter. The company is riding the strong recovery from the pandemic in China, its single biggest market these days.

Volkswagen Profits Jump as China Leads Rebound

Sales of electrified cars more than doubled.

In this Monday, March 1, 2021 file photo, New Director-General of the World Trade Organisation Ngozi Okonjo-Iweala, left, walks at the entrance of the WTO.

WTO Mulling IP Waivers for Vaccines

The aim is to suspend the rules for several years — just long enough to beat down the pandemic.

Governor J.B. Pritzker and Mayor Lori Lightfoot talk following a news conference, McCormick Place, Chicago, May 4, 2021.

Chicago Auto Show to Return After Coronavirus Hiatus

Last year's expo was one of the last events held in the city before the pandemic forced the closure of public venues.

Stellantis CFO: Chip Shortage Impact 'Controlled'

While revenues were up, lost production due to the global chip shortage for the first quarter was 190,000 vehicles.

I Stock 1180627304

GM Profit Surges on Truck Sales

First-quarter net income surged to $2.98B as U.S. consumer demand and higher prices offset a global shortage of computer chips.

Nestle Confectionery Newsfeed

Nestle Considering UK Plant Expansions, Closure That Would Cut Almost 600 Jobs

The closure would be at its Fawdon factory that produces for smaller, low-growth confectionary brands.

In this file photo, Bill and Melinda Gates smile at each other during an interview in Kirkland, Wash.

Bill and Melinda Gates Announce Divorce

The two will continue working together at the Bill and Melinda Gates Foundation, which has become one of the largest charitable foundations in the world.

Delta Air Lines Boeing 777 N701 Dn

U.S. Sets Pandemic-Era High for Air Travel

Vacation destinations have been most popular — business travel, which is more profitable for airlines, remains drastically reduced.

Hong Won-sik, chairman of Namyang Dairy Products, wipes his tears during a press conference at the company's headquarters in Seoul, South Korea on May 4.

Korea Dairy CEO Resigns Over Virus Misinformation Scandal

Namyang Dairy Products was accused of deliberately spreading misinformation that its yogurt helps prevent coronavirus infections.

Crew members stand on the bow as the CMA CGM Argentina arrives at PortMiami, the largest container ship to call at a Florida port.

US Trade Deficit Sets Record in March

An improving economy drove purchases of imported foreign goods.

Mexico City's subway cars lay at an angle after a section of Line 12 of the subway collapsed in Mexico City, Tuesday, May 4, 2021. The section passing over a road in southern Mexico City collapsed Monday night, dropping a subway train, trapping cars, and causing at least 50 injuries and several dead, authorities said.

23 Dead After Overpass Collapse

A metro car in Mexico City fell onto a busy intersection.

In this Dec.4, 2018 file photo a flame emits from a chimney at the BASF chemical company in Ludwigshafen, Germany.

Climate Pledges See World Closing in on Paris Goal

President Biden's ambitious new climate goals contributed significantly to the revised estimate.