French wildfires threatening wine production in Bordeaux

Much of Europe is still dealing with heat and high winds that are fueling major wildfires. Those fires are threatening France’s world famous wine region.y. CBS News’ Ramy Inocencio reports and Ray Isle, executive wine editor at Food & Wine, joins “The Daily Report” to discuss the impact of the wildfires on the wine industry. … Read more

Coca-Cola resumes Fairlife milk production after hackers shut down plants

Coca-Cola has resumed production of its Fairlife milk dairy beverages after a cyberattack forced it to halt operations at four plants across the U.S.  The company said in a statement on Monday that it has made “significant progress” in restoring service at the facilities and has “resumed the majority of production.” On July 16, Coca-Cola announced that … Read more

Coca-Cola halts U.S. Fairlife milk production after cyberattack hits systems, company says

The Coca-Cola Co. said a cyberattack has forced it to temporarily halt its Fairlife milk operations in the U.S.  An unauthorized third-party user accessed Chicago-based Fairlife milk’s production systems in what the beverage giant believes was a ransomware event, Coca-Cola said in a statement Thursday.  It’s unclear when the breach occurred. As soon as it … Read more

Defense watchdog finds new 155mm artillery plant failed to produce parts in 2 years since it was built, hindering production goals

A Pentagon watchdog report found that in the roughly two years since it was built, an ammunition plant in Mesquite, Texas, has not produced any parts for 155mm artillery rounds, hindering the Army’s goal to help backfill stocks of ammunition provided to Ukraine after Russia invaded in 2022.  In a report released Monday, the Defense … Read more

Toyota investing $3.6 billion in Texas plant, moving most Tacoma pickup production from Mexico

Toyota said Monday it will shift most production of its mid-size Tacoma pick-up truck from Mexico to the United States as part of a $3.6 billion investment in its San Antonio, Texas plant. The transition from Toyota’s Tijuana, Mexico facility will take roughly four years, the Japanese auto giant said. The announcement comes just days … Read more

7 OPEC+ countries agree to expand monthly oil production modestly as prices slide

NEW YORK — A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel’s war with Iran. The Organization of the Petroleum Exporting Countries and its allies — … Read more

Kevin O’Leary warns China is winning the AI race because U.S. states are slowing data center production

NEWYou can now listen to Fox News articles! As data center projects continue to get shut down across the country, “Shark Tank” star Kevin O’Leary and other investors are warning that the facilities are needed to compete with China in the artificial intelligence race. Data centers are at the forefront of the continued development of … Read more

Trump invokes Defense Production Act to boost weapons manufacturing as Iran war intensifies concerns

President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released on Tuesday. The war against Iran has highlighted concerns over munitions stockpiles and rates of production.  The memo delegates the Defense Secretary to use the Defense Production Act, which can be used to … Read more

U.S. probing whether Chinese companies cut shipping container production before COVID-19 pandemic

U.S. probing whether Chinese companies cut shipping container production before COVID-19 pandemic – CBS News Watch CBS News Investigators are looking into Chinese firms that allegedly slowed shipping container production in 2019, just before the COVID-19 pandemic erupted. CBS News’ Jake Rosen has more. Source link

U.S. probing whether Chinese companies cut production of shipping containers before COVID pandemic

Federal authorities are examining whether Chinese companies deliberately restricted the world’s production of storage containers for the shipping trade just before the COVID-19 pandemic began six years ago, sources with knowledge of the probe told CBS News.  Investigators have been looking at a handful of Chinese firms that together control the majority of unrefrigerated shipping … Read more