2022 IEN Circulation Statement 210719_July 2021

Jul 27th, 2021

Trends in Manufacturing: Insights from 750 Leaders

Trends in Manufacturing: Insights from 750 Leaders

Despite manufacturers’ best forecasts, no one could have predicted what 2020 had in store. For many manufacturers, the destabilizing force of the pandemic exposed weaknesses along the value chain. It also highlighted opportunities to justify larger-scale.

Storage tanks are shown at a refinery in Detroit, Tuesday, April 21, 2020. The White House on Tuesday said it had ordered 50 million barrels of oil released from strategic reserve to bring down energy costs.

U.S. to Release 50 Million Barrels of Oil to Ease Energy Costs

The move is aimed at global energy markets and voters coping with higher inflation and rising prices.

GM Explores Electric Boats

The company bought a stake in an outboard motor maker.

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Keeping a High-Level Production Tempo Without Personnel Fallout

An obsessive focus on production levels alone can have disastrous downsides.

It's the 'Great Resignation' for CEOs, as Well

The number of new executives appointed in 2021 surpassed pre-pandemic highs.

European Commissioner for Europe Fit for the Digital Age Margrethe Vestager during a meeting of the College of Commissioners, EU headquarters, Brussels, Nov. 10, 2021.

EU Opens Door to Aiding Semiconductor Production

The move comes amid a global chip shortage and intense worldwide competition to fill the need.

CEO Elon Musk departs from the justice center in Wilmington, Del., July 13, 2021.

Musk Sells More Shares than He Needs to Pay Current Tax Bill

Experts say he's either converting part of his fortune to cash — or saving for even bigger bills.

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How to Bounce Back After a Business Fails

For small-business owners, failure isn’t an option — it’s a reality.

With Supply Short, Ford Dips Toe into Computer Chip Business

Ford's U.S. sales fell 27% during its latest quarter — largely because it couldn't produce enough vehicles.

In this Feb. 23, 2021, file photo, Ricki Mills looks out from her home as she waits for a fire hydrant to be turned to get water, in Dallas on Feb. 23, 2021. Texas is again at high risk of power blackouts this winter because of extreme weather like the catastrophic February storm that buckled the state's electric grid and left millions of people without heat for days, regulators said Thursday, Nov. 18, 2021.

Report: Texas Still at Risk of Winter Power Blackouts

Projections show that Texas could have a nearly 40% shortfall in available power to meet demand in the event of another severe winter storm.

The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low 268,000.

U.S. Jobless Claims Drop Seventh Straight Week to 268,000

Claims dipped by 1,000 last week.

This April 14, 2009, file photo, shows the new Parkway underground mine in Central City, Ky. A group of former coal company officials will go on trial in Kentucky next week for allegedly skirting federal rules meant to reduce deadly dust in underground mines. The four men on trial, who worked for now-bankrupt Armstrong Coal, ordered workers at two Kentucky mines, including the Parkway mine, to rig dust-monitoring equipment to pass air quality tests, federal prosecutors said.

4 Ex-Coal Mine Officials Cleared in Kentucky Fraud Trial

Federal prosecutors had alleged that the men ordered subordinates to tamper with dust collection equipment.