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Business

Michigan’s nuclear plant to receive $1.52 billion boost from DOE for energy production

The Department of Energy (DOE) has unveiled a new plan to invest $1.52 billion in Michigan’s nuclear plant in order to power 800,000 homes. This massive investment is part of the DOE’s efforts to promote clean and reliable energy sources across the country.

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Business

Heartbreak in Perry, Iowa, as Tyson Foods Announces Closure of Pork Plant and Dismissal of 1,276 Workers

Tyson Foods announced on Thursday that they will be closing their pork processing plant in Perry, Iowa. The closure will result in the laying off of 1,276 workers, which will have a significant impact on the local community.

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Business

Tesla and Rivian Face Setbacks as Eco-terrorists Target Green Energy Facilities

Eco-terrorists have struck a blow against two major automotive companies, causing widespread disruptions in their production lines. Tesla’s $1 billion plant in Germany and Rivian’s $5 billion factory in Georgia have been targeted by activists, halting operations and causing significant financial losses.

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Business

Packard Plant scheduled for complete removal as city looks to attract new auto plant

Detroit Mayor Mike Duggan announced plans to completely demolish the Packard Plant by the end of this year. The city is seeking to make way for a new auto plant in the area. Duggan revealed this information during a press conference held earlier today.

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Business

Leading US Semiconductor Company Secures $1.5 Billion Funding for Expansion in New York and Vermont

Intel, the largest semiconductor maker in the U.S., has successfully secured $1.5 billion from the stalled Chips Act for the construction of new plants in New York and Vermont.

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Business

Explosive Fire Ignites at French Site Housing Lithium Batteries

A major fire has broken out at a French plant that houses lithium batteries, causing a disruption in distribution channels for electronic devices and electric vehicles. The plant, located in the outskirts of Paris, is known for producing high-quality lithium batteries used in various industries.

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Business

Labor Union UAW Warns of Potential Strike at Ford’s Kentucky Truck Plant

The United Auto Workers (UAW) has issued a warning that a potential strike may be on the horizon at Ford’s Kentucky Truck Plant due to stalled negotiations over local contracts.