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Representative image of a United States textile mill and factory closure backdrop, illustrating how the National Council of Textile Organizations said the U.S. textile industry stayed stable in 2025 despite trade disruption, tariff volatility, and more than 40 facility closures.

NCTO annual meeting: US textile output holds at $60.9bn in 2025 despite trade and tariff headwinds

Faraday Future and AIxCrypto-linked investor amend $12m pact to test real-world asset tokenization model

Pope Leo shuts down Trump feud talk as Vatican tries to pull Africa tour back from Washington drama

Representative image of White House construction activity as appeals court allows ballroom project work to continue for now amid an escalating legal battle over the Trump administration’s expansion plan.

White House ballroom project moves ahead after appeals court stay

Representative image of South Korea battery makers reshaping North America strategy as LG Energy Solution, Samsung SDI, and SK On pivot from EV battery overcapacity toward energy storage systems and LFP expansion after the US electric vehicle market slowdown.

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Auto and Transport Industry News

Korean battery makers pivot to grid storage as US BEV sales collapse

LG Energy Solution, Samsung SDI and SK On are converting US EV battery plants to grid storage as the American BEV market contracts sharply after federal tax credits expired.

April 19, 2026

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