"This is good news for us. It keeps us alive for the long term," he says. "It keeps 500 employees employed, and it keeps a global brand, based in Boston, viable," he says. "We just signed a long-term lease on our headquarters as a result of this and are keeping all of the engineers, R&D, and software development in this building."
The Brussels-based electric bike company has officially closed its deal to be acquired by ReBirth Group Holding, which also owns cycling brands Peugeot, Gitane, and Solex. The transaction includes new, undisclosed funding from ReBirth as well as €15 million ($17.6 million) from existing shareholders. The funding will be used to restart production and deal with a backlog of spare parts, the companies say.
Federal data belatedly released Tuesday shows that the US unemployment rate rose to the highest level in four years last month as President Donald Trump's administration continues its assault on the government's workforce and American corporations lay off workers at a level not seen in decades.
I'm French, but I absolutely love living in LA. Still, during my maternity leave, I returned to Paris to be closer to my family. There, my baby adored singing books. She was only a few months old, but they kept her engaged. When we returned to America, I couldn't find anything similar. At the same time, I was learning all the English nursery rhymes I hadn't grown up with. I loved singing rhymes like "Twinkle Twinkle Little Star" and "Patty Cake."
If cozy, lived-in beds dressed in rich colors and whimsical prints keep popping up on your social feed, the photos are probably of Piglet In Bed bedding. The West Sussex-based home brand nails the cottagecore look with its viral linen bedding, which is why it's all over my Pinterest board. But is Piglet In Bed worth all the hype it gets online?
A Northamptonshire manufacturer of sustainable warehouse storage and packaging solutions is expanding its global footprint after securing £1.6 million in government-backed finance. Pallite Group, based in Wellingborough, has won new export opportunities across Europe, the US, Asia, the Middle East, Australia and New Zealand, prompting the need for additional working capital to keep pace with growing international demand. The company has now secured a £1.6 million corporate facility from KBC Bank, supported by UK Export Finance's (UKEF) General Export Facility (GEF).
India has announced a sweeping set of labour reforms, saying it will implement four long-delayed labour codes that the government says will modernise outdated regulations and extend stronger protections to millions of workers. Prime Minister Narendra Modi said on X on Friday that the overhaul would provide a strong foundation for universal social security, minimum and timely payment of wages, safe workplaces and remunerative opportunities.
In the late 2010s, at the height of the direct-to-consumer boom, Framebridge founder Susan Tynan was green with envy. Many other venture-backed startups from the era-like Casper, Away, and Glossier -were growing much faster than her custom framing business. While these other buzzy brands focused on acquiring customers and growing revenue, Tynan was using her $81 million in venture funding to tackle more arduous operational issues, like building factories and hiring hundreds of craftspeople to make frames by hand.
FreshBrew - which runs six 500-pound Probat machines at its plant in Houston - said it "will secure ownership of multiple licenses, enabling the company to develop, produce and market coffee for major brands with established market presence." The company said the deal will complement its existing private-label business, expanding operations to produce approximately 150,000 pounds of coffee per day. The company also offers a broad range of packaging, tea, extracts and cold brewing solutions, in part through its recent $10 million manufacturing expansion.
US manufacturers who late last year asked the incoming Trump administration for a "regulatory reset" have seen roughly 80% of their specific regulatory requests acted on in just the first eight months of Trump taking office. The fast action across various agencies comes after 100 manufacturing industry groups sent a letter to then President-elect Donald Trump last December complaining of a "regulatory onslaught" under the Biden administration that the group said was "strangling" the economy.
The Hall of Flowers trade show has become one of the cannabis industry's most influential gatherings, where innovation meets collaboration. This year, Booth A428 is generating major buzz as Silly Nice and Veterans Holdings come together to showcase their high-performance cannabis products, unique brand story, and the partnerships driving a new era of excellence in New York's legal market. For those attending the event today and tomorrow, Booth A428 is more than just a stop it's an experience.
Hallucinations have commonly been considered a problem for generative AI, with chatbots such as ChatGPT, Claude, or Gemini prone to producing 'confidently incorrect' answers in response to queries. This can pose a serious problem for users. There are several cases of lawyers, for example, citing non-existent cases as precedent or presenting the wrong conclusions and outcomes from cases that really do exist. Unfortunately for said lawyers, we only know about these instances because they're embarrassingly public, but it's an experience all users will have had at some point.
Let's be real-it's not easy. Scaling a manufacturing company is messy, unpredictable, and often brutal. My job as CEO is not to hide the chaos, it's to cut through it and get to the finish line. We've built systems, habits, and a culture that make the hard things manageable. From the outside that might look like ease. But every single day there is grit.
The company saw 18 worker suicide attempts at one plant in 2010 alone. But worker rights at Foxconn have seen some improvements since 2010, largely due to intense international pressure following the suicides and subsequent labor unrest. However, reports from labor watchdogs indicate that these gains have been inconsistent and, in many cases, have failed to create a genuinely safe and equitable work environment. Many fundamental issues particularly excessive hours, low pay and limits on freedom of association persist.
The ONS said the economy grew by 0.2 per cent on a rolling three-month basis, a measure it will now prioritise to provide a clearer picture of performance given the volatility of monthly data. July's weakness was driven by a 0.9 per cent fall in production, including a 1.3 per cent decline in manufacturing, pushing industrial output to its lowest level since January.
Reality check: At the end of July Lutnick posted to X that "the Trump Economy has officially arrived," citing a strong GDP report. Since then, a combination of weak jobs data and hot inflation reports has painted a very different picture of an economy struggling to grow. Just Thursday, the Consumer Price Index showed inflation rising for a fourth consecutive month, while initial jobless claims were the highest in years.
The dismal August jobs report confirmed the labor market cooled significantly during the spring and summer. That coincided with the start of President Donald Trump's trade war. While some tariff-impacted industries have seen minimal changes in payrolls, others like manufacturing and wholesale trade have taken bigger hits. Since President Donald Trump launched his trade war earlier this year, industries impacted by tariffs have shed tens of thousands of jobs.
The analyst's Private network deployment tracker contained three defining characteristics of a private network: dedicated resources, including network infrastructure, platform and/or spectrum which may not be physically dedicated but can be logically dedicated such as in network slicing; dedicated user groups/SIMs where access to the network is controlled and limited to a group of certain users who may have logically dedicated SIMs, which may be virtual; and customised KPIs where the network is designed and customised to meet use case requirements that can't be met by best-effort public networks.
