America’s last penny was struck at the U.S. Mint in Philadelphia, the end of a coin production that started in 1793 and ended ...
One penny costs 3.7 cents to make, according to the latest 2024 U.S. Mint Annual Report. That is about 270% more than they are worth.
The Trump administration announced this week that the U.S. Mint will cease production of pennies due to high production costs ...
Rising production expenses pressure the U.S. horticulture industry from multiple angles. Labor, energy, propagative materials ...
The craft retailer thinks it can cut $200 million in business costs, the bulk of which comes from its supply chain as inflation eases. After product and transport expenses hit historic levels of ...
Agnico Eagle Mines Limited AEM delivered better-than-expected earnings in the third quarter, but it remains hamstrung by ...
Many words in the industry have multiple meanings and can sometimes get people’s heads in the wrong place. Cost of production, peer groups, transition planning and business structure are a few of them ...
We’ve seen electric-vehicle prices ballooning in the past years, sometimes faster than the rest of the car market. The price hikes were blamed on supply chain problems, inflation, and the higher price ...
In the fast-paced digital landscape, product design is not merely about aesthetics; it plays a crucial role in determining the efficiency and cost-effectiveness of the development process. Investing ...
Q3 2025 Management View John Larson, President and CEO, opened the call highlighting a challenging third quarter marked by continued "pressure on consumer demand while we work through excess retailer ...
Innovative bioprocessing technologies are needed to make monoclonal antibody (mAb) production cheaper, according to new research, which suggests lowering the cost of goods (COGs) for mAb-based ...