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New York Times
2 hours ago
- New York Times
Morton Mintz, Muckraking Crusader for Consumers, Dies at 103
Morton Mintz, a muckraking journalist who in articles and books exposed the perils of prescription medical products like thalidomide and the Dalkon Shield, and who challenged the auto industry to be more accountable to consumers, died on Monday at his home in Washington. He was 103. His death was confirmed by his son, Daniel Mintz. As an investigative reporter for The Washington Post for three decades and an author of 10 books on corporate corruption and government negligence, Mr. Mintz revealed that in the mid-1960s, General Motors had hired detectives to stalk the consumer advocate Ralph Nader, presumably looking to smear him, after Mr. Nader published 'Unsafe at Any Speed,' a groundbreaking 1965 book that documented the hazards posed by G.M.'s Chevrolet Corvair, a rear-engine compact car. 'More than any other reporter, Mintz broke open the walls surrounding the media's non-coverage of serious consumer, environmental and worker harms and rights,' Mr. Nader wrote in 2022, when Mr. Mintz celebrated his 100th birthday. 'What made him stay on the story was not just his professionalism and his regard for the readers, but his passion for justice for the underdogs,' Mr. Nader added. 'He epitomized the aphorism 'information is the currency of democracy.'' Morton Abner Mintz was born on Jan. 26, 1922, in Ann Arbor, Mich., to William and Sarah (Solomon) Mintz, Jewish immigrants from Lithuania who owned a dry goods store during the Great Depression. In 1943, Mr. Mintz graduated with a bachelor's degree in economics from the University of Michigan, where he had been the editorial director of the student newspaper. Joining the wartime Navy, he participated in the D-Day invasion — he was one of the dwindling number of surviving veterans from that operation in 1944 — and was discharged in 1946. Want all of The Times? Subscribe.
Forbes
3 hours ago
- Forbes
What Ford Taught Me About Fixing America's Supply Chain
By Dave Evans, Co-Founder and CEO, Fictiv CAD design I learned the complexities of manufacturing firsthand during my time at Ford. When I joined the Silicon Valley lab—a research center focused on advancing automotive technology—as its first hire, I thought I'd be helping revolutionize how cars are built. I'd come from startups where speed was everything. I remember my shock the first time someone at Ford explained that developing a new vehicle platform takes four to six years. My gut reaction was: Six years? Why does this take so long? Years later, I left with the opposite feeling: How is it even possible to build a car in only six years? The truth is, automotive supply chains are a web of suppliers, sub-suppliers, regulators, safety standards, legacy systems, and global logistics complexity. They're marvels of coordination, but are often held back by processes that haven't fundamentally changed in decades. That gap is exactly why digital manufacturing is more crucial than ever. In software, new code can ship in hours, but in hardware, producing a single part often takes eight to twelve weeks or longer. Digital manufacturing solves this by streamlining and simplifying processes like quoting and sourcing, enabling rapid prototyping through on-demand production networks, and minimizing the number of feedback loops and handoffs between engineering, sourcing, and manufacturing teams—all of which help shorten iterative cycles and reduce the time from design to finished parts. If we want to see the future—self-driving cars, life-saving medical devices, and Mars rockets—we have to close that gap. We have to build hardware at the speed of software. To do that, we need to turn manufacturing from a bottleneck into a competitive advantage. The Reshoring Surge: Bringing Production Back Home Supply chain management ensures efficient operations. Now more than ever, speed to market matters. Renewed investment in U.S. manufacturing helps companies produce parts faster, closer to home, and with greater agility. A big part of the manufacturing comeback in the U.S. is happening in the automotive industry. General Motors recently announced a $4 billion commitment to U.S. production. Other manufacturers are making similar bets, driven by new realities in global trade, consumer demand for local production, and the need for resilient supply chains. GM isn't alone. In fact 68% of manufacturing leaders say reshoring is a critical component of their supply chain strategy. It's also happening in industries like robotics, medtech, and cleantech. Companies like Form Energy are transforming local economies and bringing factories back to life. If we want reshoring to stick, however, we can't just rebuild factories the old way. We have to modernize how manufacturing operates and build supply chains that can withstand an increasingly turbulent trade environment. That's where digital manufacturing comes in. How Strategic Sourcing Went Digital Technician programs and monitors automated manufacturing equipment using a laptop, working in the ... More field of industrial automation and electronics production. Traditionally, if you wanted to source a commodity like sheet metal enclosures, you'd hire a global supply manager (GSM). That GSM would: That process is thorough—but time-consuming and expensive. It can take months (or years). In a distributed, digital model, you can plug into a global supply chain where suppliers are pre-vetted, onboarded, and price-competitive. Instead of reinventing the wheel every time, you access a Fortune 500-level supply chain on demand. This model saves time, reduces risk, and frees up companies to focus on innovation rather than logistics. Digital Factories and Smart Manufacturing Smart industry robot arms for digital factory production technology showing automation manufacturing ... More process of the Industry 4.0 or 4th industrial revolution and IOT software to control operation . The future isn't just about physical parts. It's about digital twins, real-time factory data, and predictive maintenance. Companies like GE, Deloitte, Toyota, and Stanley Black & Decker have built what the World Economic Forum calls 'lighthouse factories'—facilities that use Industry 4.0 tools to operate smarter and faster. Sharing these stories can inspire others and accelerate the adoption of new technologies. Sustainability: The Other Reshoring Driver Beyond geopolitics and technology, sustainability is becoming a critical driver for reshoring and distributed manufacturing. Consumers care more than ever about where their products come from and their environmental impact. One of my favorite examples of companies making a difference is Purcell, which makes bulk food dispensers to reduce plastic food waste in the oceans. Their sustainable food solutions are making their way into large grocery chains. The intersection of sustainability and advanced manufacturing is where I believe some of the biggest innovations of the next decade will emerge. The Role of AI in Manufacturing female automation machine engineer student study and inspection control robot arm machine in ... More university or factory workshop. AI robot technology are new innovation trean for manufacturing in industry 5.0 Finally, let's talk about AI. We're on the brink of an AI-driven revolution in manufacturing. Tools like help engineers choose the best materials for a given application. In the past, I'd have called up Randy, the 30-year resin expert at Ford, to ask about plastic choices for an infotainment system. Experts like Randy are invaluable. But not every company has a Randy. AI can democratize that expertise. AI also powers our DFM (Design for Manufacturability) feedback, analyzing parts for manufacturability and catching issues early to avoid redesigns later on. AI won't replace skilled people—it will support them by taking care of repetitive, time-consuming tasks. That means engineers can spend less time chasing quotes and more time solving tough design challenges and bringing great products to life. A New Industrial Revolution As I reflect on the past decade, I believe we're at the dawn of the next industrial revolution. Manufacturing today goes far beyond production. It's about: Whether you're GM investing billions in U.S. plants, a robotics startup launching a new product, or a mid-sized manufacturer wrestling with tariffs, the questions are the same: How do we build faster? Smarter? And with more resilience? The answer lies in embracing new ways of working, from digital supply chains to distributed manufacturing networks. It's about shifting from reactive to proactive—turning manufacturing into a competitive advantage rather than a bottleneck. It's a future I'm incredibly excited to help build.
Yahoo
3 hours ago
- Yahoo
Potential Multi-Year Growth for Saia (SAIA) If Freight Industry Rebounds
The London Company, an investment management company, released 'The London Company SMID Cap Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Following a downturn in Q1, U.S. stocks experienced a double-digit gain in Q2, amid volatility stemming from tariff news. A risk-on rally followed due to a temporary pause in tariff escalations, widespread optimism around enterprise AI, and a healthy earnings outlook. Against this backdrop, the portfolio fell 0.6% (-0.8% net) during the second quarter vs. an 8.6% increase in the Russell 2500 Index. Sector allocation contributed to the fund's performance in the quarter, while stock selection detracted. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, The London Company SMID Cap Strategy highlighted stocks such as Saia, Inc. (NASDAQ:SAIA). Saia, Inc. (NASDAQ:SAIA) is a North America-based transportation company. The one-month return of Saia, Inc. (NASDAQ:SAIA) was 9.19%, and its shares lost 23.58% of their value over the last 52 weeks. On July 28, 2025, Saia, Inc. (NASDAQ:SAIA) stock closed at $323.23 per share, with a market capitalization of $8.61 billion. The London Company SMID Cap Strategy stated the following regarding Saia, Inc. (NASDAQ:SAIA) in its second quarter 2025 investor letter: "Saia, Inc. (NASDAQ:SAIA) – SAIA remained weak this quarter as the lingering 'freight recession' drags on for almost its third year. We remain convicted in our ownership of SAIA due to its solid balance sheet and strong network growth plan. We believe the company could be a multi-year compounder, assuming the freight industry returns to normal demand patterns. A long line of trucks transporting goods across the open road, symbolizing the long-distance transportation services of the company. Saia, Inc. (NASDAQ:SAIA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Saia, Inc. (NASDAQ:SAIA) at the end of the first quarter, compared to 31 in the previous quarter. In the second quarter of 2025, Saia, Inc. (NASDAQ:SAIA) announced revenue of $817 million, marking a 0.7% decrease compared to the same quarter last year. While we acknowledge the potential of Saia, Inc. (NASDAQ:SAIA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Saia, Inc. (NASDAQ:SAIA) and shared Polen US SMID Company Growth Strategy's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
