We visited the heart of America’s chipmaking boom

We visited the heart of America’s chipmaking boom

Arizona’s economy was once dominated by the “five C’s”: cotton, cattle, citrus, copper, and climate. But a new C has emerged that could grow to overshadow the rest: chips. New semiconductor manufacturing facilities are springing up across the greater Phoenix area, stretching across blocks of new roads with names like “Processor Parkway” and “Transistor Terrace.” … Read more

Europe banned new gas cars after 2035 — now it’s reconsidering

Europe banned new gas cars after 2035 — now it’s reconsidering

Mercedes-Benz CEO Ola Källenius is the eternal optimist, and for good reason. He has long pushed the European Union to roll back its lofty goal of phasing out new internal combustion engine cars, arguing that weakening the rules was a return to pragmatism and not capitulation to opponents of Europe’s green agenda. His push is … Read more