Industrials

US judge will not stop land transfer for Rio Tinto mine in Arizona

The judge’s decision is likely to escalate the clash between members of Arizona’s San Carlos Apache Tribe, who consider the land home to deities, and Rio and minority partner BHP Group Plc, who have spent more than $1 billion on the project without producing any copper, the red metal used to make electric vehicles and other electronics devices.

Biden’s ‘Buy American’ plan eyed warily by other countries

Domestic-purchase plans put other governments on alert, causing concern that their companies would be excluded from the U.S.'s huge government-procurement market when Washington is making massive investments to fight the fallout of the Covid-19 pandemic.

Feds reject Ford and Mazda request on recalls

The National Highway Traffic Safety Administration has rejected a request from Ford and Mazda to avoid recalling about 3 million vehicles with potentially dangerous Takata air bag inflators.

Biden defense pick earns $350K on Raytheon’s board

If Austin is confirmed by the Senate, his appointment would continue a pattern among both Democratic and Republican presidents of choosing Cabinet members from the highest echelons of Corporate America.

Soaring metals prices signal bets on global economic recovery

Industrial metals are the building blocks of construction, key to making everything from houses to electric cars. Their prices are particularly sensitive to manufacturing activity in China because the country accounts for roughly half of global demand for copper and other materials.