Lucid Slashes 2022 Vehicle-Production Target
Electric car maker Lucid LCID 9.98% Group Inc. cut its 2022 vehicle-production target, underscoring the twin challenges of global supply-chain...
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Bed Bath & Beyond Decluttered Its Stores and Ended Up Frustrating Shoppers
Those moves, led by Chief Executive Officer Mark Tritton, ended up making the home-goods chain vulnerable to supply-chain problems that...
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,...
People Really Want to Ski. Vail Is Racing to Keep Up.
Vail Resorts MTN 2.12% operates a growing empire of dozens of top ski properties around the world. This season it...
VW Finance Chief Expects Inflation to Ease and Chip Shortage to Drag On
BERLIN— Volkswagen AG VOW -0.22% , one of the world’s largest auto makers, expects inflation to ease later this year...
Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly...
Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion
In the digital age, some of the most sought-after devices are analog semiconductors—including ones made by 91-year-old Texas Instruments Inc.,...
Looking to Rent a Car? Expect Higher Prices, Long Waits and Slim Pickings
Travelers looking to rent cars are encountering higher rates and few choices, if they can find a car at all.The...
WSJ News Exclusive | American Airlines to Reduce International Flights Due to Boeing Dreamliner Delays
American Airlines AAL -0.85% Group Inc. said it would trim international flights next summer because of Boeing Co. BA -1.74%...
OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices
OPEC and a group of Russia-led oil producers agreed to continue pumping more crude, sticking to their long-term plan despite...
Samsung Picks Texas for $17 Billion Chip-Making Factory
AUSTIN, Texas— Samsung Electronics Co. said Tuesday that it plans to invest roughly $17 billion in a semiconductor-making facility in...
Tyson’s Meat Production Falls Amid Labor Shortages
Labor challenges cut production volumes for Tyson Foods Inc. in the latest quarter, but the meat company’s sales grew year...
TSMC to Build Chip Factory in Japan as It Faces Surging Demand
The Japan factory is the most recent expansion plan for TSMC, the world’s largest contract chip maker, as it faces...
Unfinished Tractors, Pickup Trucks Pile Up as Components Run Short
Manufacturers are stacking up unfinished goods on factory floors and parking incomplete vehicles in airport parking lots while waiting for...
Toyota to Cut Output as Chip Shortage Finally Catches Up to It
TOKYO—The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections...
WSJ News Exclusive | McDonald’s Pushes Diners to Use Trays as Food Bags Run Tight
Burger lovers will have to get used to eating off fast-food trays inside McDonald’s again. McDonald’s Corp. is facing tight...
Roku Pays to Be a Player
Investors got a painful reminder Wednesday that Roku is still in the hardware business. It has been easy to forget....
GM Reveals Hit From Chip Shortage, Rising Costs
General Motors Co. posted strong second-quarter earnings and raised its full-year profit guidance but said the lingering computer-chip shortage and...
Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
Tesla’s Quarterly Profit Soars to Record $1.1 Billion
Tesla Inc.’s quarterly profit rose to record levels as the car maker largely evaded the effects of a global chip...
