Intel has unveiled a cost reduction plan involving significant layoffs, substantial cuts in operating expenses, and a sharp reduction in capital expenditures (capex). The announcement comes as the ...

Rivian keeps reducing the manufacturing costs for its EVs. In just six months, the startup slashed over $50,000 from its automotive cost of goods sold per vehicle delivered. This helped it make a ...

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 ...

Facing a shifting energy demand landscape, many energy and chemicals (E&C) companies have cost-reduction on their minds. Geopolitical tensions, which often drive-up oil and natural gas prices, are ...

CapEx for 2025 is projected at $120 million to $125 million, a $30 million reduction from earlier guidance, as management prioritizes base capital investment and anticipates tailwinds from tax credits ...

With its proprietary pond-based system, CH4 Global aims to reduce production costs by up to 90% compared to conventional methods, enabling profitable scaling of seaweed-based feed supplement that ...

Learn to calculate production costs in Excel using templates and formulas. Streamline expenses and improve financial management with our comprehensive guide.

The cost of developing new oil projects has increased due to inflation and supply chain challenges, but breakeven prices are still below current oil prices. Tight oil and offshore projects offer the ...

One of the key barriers to upscaling cultivated meat is cost. With a more efficient process and a cheaper culture medium, a new study claims to have reduced this input. Cultivated meat is one of the ...

As Duke braces for potential federal funding cuts, University administrators spoke to faculty, staff and graduate students about updates to its strategic realignment and cost-reduction process on a ...