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...
production
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...
The World’s Biggest Miner Picks Profit Over Production
SYDNEY— BHP Group Ltd. BHP -2.74% ’s chief executive earlier this year reminded investors that mining companies that bet big...
Samsung Electronics Expects 53% Increase in Operating Profit
SEOUL— Samsung Electronics Co. expects a 53% rise in operating profit for the second quarter, lifted by strong demand for...
Chip Shortages Are Starting to Hit Consumers. Higher Prices Are Likely.
The global chip shortage is pushing up prices of items such as laptops and printers and is threatening to do...
Supply Chain Bottlenecks Drive Factory Decisions at This Maker of Boats, Motorcycles, ATVs
Like other manufacturers struggling with wobbly supply chains, sports-vehicle maker Polaris Inc. PII -0.40% is deciding what to produce based...
The World Relies on One Chip Maker in Taiwan, Leaving Everyone Vulnerable
The company makes almost all of the world’s most sophisticated chips, and many of the simpler ones, too. They’re in...
Lawmakers Scrutinize Meatpacking as JBS Rebounds From Cyberattack
JBS SA JBSAY -0.83% meat plants ramped up production after a cyberattack this week, while some farm-state lawmakers called for...
As Amazon, McDonald’s Raise Wages, Small Businesses Struggle to Keep Up
Ben Johnson is looking for a data analyst and a data scientist to come work for his Philadelphia-area consulting firm....
Despite Lumber Boom, Few New Sawmills Coming
North America’s sawmills can’t keep up with demand, which has sent wood prices on a meteoric rise. Don’t expect new...
Zack Snyder’s ‘Army of the Dead’ and Other Netflix Movies Turn Up in Theaters
The nation’s movie theaters are running out of movies. Some are turning to an unlikely source for more: Netflix Inc....
Colonial Pipeline Said to Pay Ransom to Hackers Who Caused Shutdown
Colonial Pipeline Co. paid a ransom to the criminal hackers who caused the company to shut down the country’s largest...
Chip Crisis Deepens at Jeep Maker Stellantis
Jeep maker Stellantis NV slashed planned production by 11% in the first three months of the year due to the...
Samsung Electronics Expects Operating Profit Rose 44% in First Quarter
Samsung Electronics Co. said it expects a 44% increase in operating profit for the first quarter, topping expectations during a...
TSMC to Invest $100 Billion to Increase Semiconductor Output
TAIPEI— Taiwan Semiconductor Manufacturing Co. , a major chip supplier to Apple Inc., said it would invest $100 billion over...
UAW Accuses Ford of Shifting New Vehicle Production From Ohio to Mexico
UAW‘s Gerald Kariem, shown here in September, said Ford is failing to live up to a commitment it made to...
Toyota, Honda to Halt Some U.S. Production Over Supply Shortages
A shortage of petrochemicals will affect production at Toyota factories including this one in Kentucky, here pushing out a Camry...
Grab Your Lanyard. Trade Shows Are Plotting a Comeback.
Just a year ago, a crowd of 5,000 people wandering an Orlando, Fla.-area exhibition hall would have been considered tiny...
How Car Makers Collided With a Global Chip Shortage
Executives at auto makers like Volkswagen AG and General Motors Co. were upbeat about the industry’s recovery in early fall....
