Monthly Archives: April 2013
  • Inside Nissan's $300 million battery factory

    Not surprisingly, the Japanese company has big hopes for its new high-tech U.S. facility.

    By Doron Levin

    FORTUNE -- Modern auto factories hardly resemble their noisy, dirty, chaotic forebears of the previous century. Nissan Motor Co.'s new lithium-ion battery plant in Smyrna, Tenn. goes one step further with an atmosphere reminiscent of a laboratory.

    The $300 million factory, which operates with 100 workers --many clad in white smocks, toiling away amid robotized MORE

    Apr 26, 2013 2:07 PM ET
  • Mourning Boston, from half a world away

    The Boston bombings touched many people in China deeply, revealing, in many ways, the global ties that tragedies often highlight.

    By David Whitford, editor-at-large

    FORTUNE -- At 8:02 on Saturday morning, April 20, the earth shook in central China. Yupu Zhao was asleep in his bed in Chengdu, 88 miles from the epicenter in rural Sichuan Province. He still felt it -- he woke up fast -- and once he got MORE

    Apr 23, 2013 1:56 PM ET
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  • To Boston and its people, ancient and substantial (Fortune, 1933)

    Other cities have their histories. The history of Boston is biography. And the Bostonian is by all odds the city's most striking characteristic.

    Apr 21, 2013 9:00 AM ET
  • The business of Record Store Day

    The celebration of independent music stores -- with its rare releases -- is one day when people willingly pay for music.

    By Miles Raymer

    FORTUNE -- In 2007, Michael Kurtz, the president of a coalition of independent record store chains, invited a group of store owners to participate in a think-tank discussion in Baltimore. Tower Records, one of the biggest music retail chains in the world, had recently shut down. Tower's MORE

    Apr 19, 2013 5:00 AM ET
  • What to expect at the Shanghai auto show

    The growth of the Chinese auto market, once a playground only for the wealthy, is being fueled more and more by consumers who aren't elite. At the same time, the rich are buying more luxury than ever before.

    By Doron Levin

    FORTUNE -- Back in the day when Toyota (TM) and the rest of Japan Inc. appeared on the verge of capsizing U.S. automakers and suppliers, industry figures dutifully boarded airliners MORE

    Apr 18, 2013 10:41 AM ET
  • Litigation finance firm in Chevron case says it was duped by Patton Boggs

    While settling a dispute with Chevron, Burford Capital says it would never have financed Patton Boggs' case against the oil giant if it weren't for materially "false and misleading" statements by a Patton partner with whom it had a "special relationship."

    By Roger Parloff, senior editor

    Updated to include comment from the plantiffs team.

    FORTUNE -- In the latest in a series of bombshell filings, Chevron today submitted a 26-page sworn declaration from the MORE

    Apr 17, 2013 1:16 PM ET
  • Ford and Toyota feud over whose is bigger

    A quibble between two of the world's most successful automakers.

    By Doron Levin

    FORTUNE -- Ford Motor Company can't be faulted for bragging that it sells more of a single car model, the compact Ford Focus, than any automaker in the world -- even if the claim is debatable, given Toyota's rebuttal that its Corolla compact is the true champ.

    The number of cars separating the two models isn't that large. Which MORE

    Apr 15, 2013 11:47 AM ET
  • Where did the Tennessee Valley Authority come from? (Fortune, 1933)

    The TVA is after a decentralization of industry, a well-wrought and well-controlled balance between the Jeffersonian dream of an agrarian democracy and the best characteristics of what so many people like to call the Power Age.

    Apr 14, 2013 9:00 AM ET
  • Experts for Ecuadorian plaintiffs suing Chevron disavow all their scientific findings in the case

    New turn in $19-billion litigation.

    By Roger Parloff, senior editor

    FORTUNE -- In filings Friday morning in federal court in Manhattan, Chevron has submitted statements from the top two scientific experts for the Ecuadorian plaintiffs suing the company for alleged oil contamination, disavowing essentially all of their previous findings and conclusions in the case -- findings that formed the purported basis for a $19 billion judgment handed down by an Ecuadorian MORE

    Apr 12, 2013 12:01 PM ET
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  • BMW gives a glimpse of its future

    Its new X4 SUV is intended to appeal globally, and it will be built in America.

    By Doron Levin, contributor

    FORTUNE -- BMW's Munich, Germany-based design center has conjured yet another variation of the Ultimate Driving Machine, this time an SUV that will be called the X4.

    Underscoring the X4's global potential, BMW will introduce its latest "sports activity coupe" at the Shanghai Auto Show, set to open the week of April 21. MORE

    Apr 10, 2013 10:40 AM ET
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