Intel Apologizes After Asking Suppliers to Avoid China’s Xinjiang Region
U.S. semiconductor giant Intel Corp. INTC 0.39% apologized after setting off a social-media backlash with a letter asking suppliers to...
Supply Chain
Nike’s Supply Crunch Stunts Growth Again
Global supply-chain constraints continue to hurt Nike Inc.’s NKE -2.71% sales. The sneaker giant reported for a second consecutive quarter...
How Do You Feel About Inflation? The Answer Will Help Determine Its Longevity
Supply-chain disruptions, labor shortages and climbing oil prices have pushed inflation to a 39-year-high. But attention is now focused on...
New Omicron Variant Exacerbates Inflation Uncertainty, Powell Says
The Fed chairman says the Covid-19 variant could intensify supply-chain disruptions and slow progress in the labor market. Source link
Advertisers Adjust Holiday Messages to Covid-19, Supply-Chain Challenges
Companies are rethinking their advertising strategies this holiday season as multiple problems, from supply-chain constraints to continued worries about Covid-19,...
Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders
President Biden’s summit with counterparts from Canada and Mexico at the White House brings him face-to-face with visitors who have...
Thanksgiving Dinner Staples Are Low in Stock Thanks to Supply-Chain Issues
The supply-chain crunch is about to hit another part of American life: Thanksgiving dinner. Supplies of food and household items...
Wind Manufacturers Blown Off Course
Wind turbine makers continue to struggle due to supply-chain woes and uncertainty over the future of federal tax credits, so...
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...
U.S. Consumer Spending Grew More Slowly in September
Consumer spending rose 0.6% in September, the Commerce Department said Friday, as the Delta variant and supply-chain disruptions weighed on...
China’s Third-Quarter Economic Growth Slows Sharply to 4.9%
BEIJING—China’s economy grew 4.9% in the third quarter from a year earlier, slowing sharply from the previous quarter’s 7.9% growth...
Supply-Chain Bottlenecks, Elevated Inflation to Last Well Into Next Year, Survey Finds
Uncomfortably high inflation will grip the U.S. economy well into 2022, as constrained supply chains keep upward pressure on prices...
Toyota Is Accused of Using Stolen Motor Technology in Rare Lawsuit
TOKYO— Toyota Motor Corp. used stolen technology for a steel material in electric motors, Nippon Steel Corp. alleged in a...
Hasbro Enters Holiday Season With CEO on Health Leave
Hasbro Inc.’s HAS -1.62% abrupt leadership change this week leaves the toy company in the hands of lieutenants to navigate...
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...
White House More Than Doubles Its Inflation Forecast in New Update
WASHINGTON—The White House more than doubled its forecast for annual inflation in new projections released Friday, as supply-chain disruptions stemming...
