Micron to Spend Up to $100 Billion on Chip Factory in New York 

The chip maker plans to build the largest semiconductor fabrication facility in the U.S., increasing domestic chip supply and creating nearly 50,000 jobs in New York.

Ford's U.S. Sales Fell 9% in September 

The auto maker said U.S. sales of trucks, which made up nearly half of its U.S. monthly sales, dropped more than 18%, offsetting a surge in sales of its electric vehicles.

GM Adds Former Tesla, Lyft Executive to Board 

Jonathan McNeill was a top executive at the ride-share company and the electric-vehicle maker.

Apple Told to Ditch Unique iPhone Charger in EU 

A new law that mandates a common standard for phone chargers to cut waste will effectively ban sales of products that use the company's Lightning power charging ports.

Shell CEO Expects More Taxes on Oil Industry 

Ben van Beurden said he expects to see the additional taxes on the oil-and-gas industry as a way of helping to protect consumers from high energy prices.

U.S. Electric-Vehicle Tax Rules Rile Asian, European Allies 

The EU, Japan and South Korea say provisions in the U.S. legislation to promote clean energy discriminate against their auto makers and might violate World Trade Organization rules.

Apple Suppliers Add Manufacturing Sites in U.S. 

Partners of the iPhone maker seek to stay nearby as the pandemic has made travel to China difficult.

Long-Duration Battery Startup Form Energy Raises $450 Million 

Form Energy is accelerating development of iron-air batteries that could store clean power for several days following the Inflation Reduction Act.

India's Tech Regulation Onslaught Poses Dilemma for U.S. Firms 

India wants to form a government panel that will have the power to overturn social-media companies' content moderation decisions.

Bayer Racks Up Wins as It Battles Remaining Roundup Lawsuits 

Bayer recently won five consecutive cases over its Roundup weedkiller, a change after several juries had held it responsible for causing cancer and the company set aside about $16 billion for settlements.


(END) Dow Jones Newswires

October 04, 2022 11:15 ET (15:15 GMT)

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