If you’re looking for a strategy to get the most value from climate investments, the answer is simple: Cities like Detroit, Cleveland, and Buffalo will still be livable as the climate changes, and have the space to absorb climate migrants. (Fast Company)

In the latest issue, The Future of Everything explores what’s ahead for cities and real estate, from building all-rental suburbs to mitigating urban ‘heat islands’ and improving life in smaller metropolises. (WSJ)

With the rise of remote work, developers are betting they can lure young talent and raise economic prospects for the state’s depressed areas. (NYTimes)

Despite growing optimism among US policymakers that American companies could reshore production to North America, such moves will remain exceptional in the coming years. (Economist Intelligence Unit)

In an era of industrial nationalism, the Senate’s endorsement of $52 billion in subsidies for computer-chip manufacturing is just one bid in the global competition to secure production of the critical component (Washington Post)

A fresh push by developers, newfound federal support for offshore wind energy under president Biden, and long-running efforts by states to drive up green energy production mean the US’s East Coast is poised for a rush of approvals of sweeping arrays of turbines fixed to towers driven into the Atlantic’s floor. Future booms are also possible along the Gulf of Mexico, in the Great Lakes, and off the West Coast. (Quartz)

Businesses are posting more job openings than ever but hiring isn’t keeping pace, leading to concerns among many employers about their ability to find workers. So far, this isn’t yet showing up in data on wages and prices, but there are a few hints of potential mismatches between supply and demand developing in specific industries that produce and distribute physical goods. (Barron's)

Home Depot has reserved its own ship, bought merchandise on the spot market and flown in power tools as it copes with supply chain headaches. (CNBC)

Hyundai Motor Manufacturing Alabama, located in Montgomery, will stop production this week until June 21. The plant hasn't been able to get enough parts because of a global shortage in microchips, which has been wreaking havoc on various industries since last summer. (The Montgomery Advertiser)

Average industrial asking rents increased by a record 8.3% year-over-year in Q4 2020 and by 7.1% in Q1 2021. Over the past five years, asking rents have averaged 6.8% annual growth. (CBRE)

Activists hope that a landmark environmental settlement and new truck emissions rules can help California’s smog-shrouded Inland Empire clean up its act. (Bloomberg)

As employees return to the office, more of them will find that they no longer have an assigned workspace that’s all theirs—here’s how to navigate the changes. (WSJ)

General Motors is accelerating its plans to produce electric vehicles, the latest sign that automakers are engaged in a competitive race to transform themselves and embrace the electrification of cars and trucks. (NYTimes)

Renewable energy projects have increased as customers of utilities have demanded less carbon intensive ways to power homes and vehicles, while many nations, states, cities and businesses have committed to reducing greenhouse gases by 2050.  (NOLA.com)

Fears of stunted careers and struggles with loneliness are driving many back to their desks. (Bloomberg)

Google revealed a raft of updates to its Workspace productivity suite, including new features for free users, a paid plan for entrepreneurs and fresh capabilities for its Meet videoconferencing system in an effort to better compete with Microsoft Corp.’s products. (Bloomberg)

The bill also eliminates the corporate income tax rate, currently 2.5 percent, over five years, beginning in 2024. It also cuts out some areas of the state franchise tax, which sponsors say discourages capital investment. (WRAL.com)