FedEx Sues Ground Contractor, Cancels His Routes
FedEx Corp. FDX -4.33% sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the...
freight transport
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall
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Tesla Raises Prices Amid Surging Costs
Tesla Inc. TSLA -8.54% has raised the prices on some of its cars by as much as $6,000, as the...
Ports Race to Clear Cargo, Fearing an Import Overload When China Lifts Lockdowns
Western ports are bracing for increased congestion when China eventually lifts stringent Covid-19 restrictions in major cities, which could come...
Tesla Posts Record $3.3 Billion Quarterly Profit
Tesla Inc. TSLA -4.96% reported a sevenfold jump in first-quarter profit as consumers snapped up the company’s electric vehicles, though...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Frontline and Euronav Merge to Create Tanker Giant in $4.2 Billion Stock Deal
Two of shipping’s biggest names, Norway-based Frontline Ltd. and Belgium’s Euronav NV, have agreed to merge in a move that...
Tesla Deliveries Rose in Quarter Elon Musk Calls Exceptionally Difficult
Tesla Inc. vehicle deliveries rose in the first quarter, but missed Wall Street expectations as the company struggled with global...
FedEx Says Fred Smith to Step Aside as CEO, Remain Executive Chairman
FedEx Corp. founder Fred Smith is stepping down as chief executive of the company he started more than 50 years...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
BP PLC said Sunday it would exit its nearly 20% stake in Russian oil producer Rosneft, after pressure from the...
The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
Bad news abounds about supply chains these days, with shortages of everything from cars to coffee cups. The better news:...
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips,...
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
HONG KONG—Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies Co. is stepping up investments...
U.S., European Factories See Easing Supply Strains, but Omicron Threatens Setbacks
Factories in Europe and the U.S. reported a further easing of supply-chain problems and associated cost increases as 2021 drew...
GE, Union Pacific Suspend Covid-19 Vaccination Mandates After Injunction on Biden Order
General Electric Co. , Union Pacific Corp. and other large employers have suspended Covid-19 vaccine requirements for workers after a...
Black Friday Shopping Is Back, but the Doorbusters Aren’t
The Covid-19 pandemic didn’t just change consumer habits. It also prompted retailers to rethink Black Friday, one of the biggest...
Help Really Wanted: No Degree, Work Experience or Background Checks
U.S. companies are downsizing the hiring process. Beauty product retailer The Body Shop is dropping educational requirements and background checks...
Roku Shares Fall 8% After Hours on Slower Account Growth
Roku Inc. reported a slowdown in new active accounts for its streaming services in the latest quarter and guided for...
