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February 9, 2022

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Ford Motor Co. reported a fourth-quarter profit compared with a year-earlier loss. The Dearborn, Mich.-based automaker posted a profit of $12.3 billion, or $3.03 a year, compared with a deficit of $2.8 billion, or 70 cents for the final three months of 2020. The result included a gain of $8.2 billion on its investment in Rivian Automotive Inc., an electric-truck maker.

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General Motors Co. said that fourth-quarter earnings slid but that full-year results improved compared with a year earlier. The quarterly profit totaled $1.74 billion, or $1.16 a share, while the full-year profit reached $10 billion, or $6.70.

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Manufacturers added a modest 13,000 jobs last month, the U.S. Bureau of Labor Statistics reported. Durable goods industries boosted employment by 8,000 jobs.

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Developing better biosensors is one of the hurdles to be surmounted in order to bring tissue manufacturing to scale. Contributing Editor Ilene Wolff examines the issues involved.

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Qatar Airways has purchased 50 Boeing 737 Max aircraft after Airbus canceled an order for 50 A321 planes, Business Insider reported. Qatar and Airbus have been in a dispute about surface paint issues on the airlines A350 aircraft. The carrier has sued Airbus, Business Insider said.

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The number of robots sold in North America set a record in 2021, with 39,708 units sold at a value of $2 billion, according to the Association for Advancing Automation. The 2021 figure was a 14 percent increase over the previous high in 2017.

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