Listen to article (2 minutes) Some employers racing to snap up workers in the tight labor market are omitting a step once considered crucial to hiring: the job interview. United Parcel Service Inc. ha...
Tag: Freight Transport/Logistics
TSMC Makes a $40 Billion Bet on U.S.-Made Chips. Don’t Declare Victory Yet.
This past Tuesday, Taiwan Semiconductor Manufacturing announced that it would expand its investments in Arizona to more than $40 billion—from its initial $12 billion commitment. TSMC’s first Arizona f...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
The Logistics and Supply-Chain Slowdown Has Begun. Here’s How to Take Advantage.
After the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. With con...
The Next U.S. Energy Revolution Is Here
Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...
Lucid Stock Plunges as Reservations for Cars Drop
Electric-vehicle maker Lucid turned in respectable third-quarter earnings and stuck with its forecast for vehicle shipments this year, but the stock was dropping. Reservations were the issue. Lucid (t...
5 Emerging Market ETFs That Limit China Investments
Chinese President Xi Jinping’s unprecedented third term as head of the ruling Communist Party rattled investors who see his stacking of loyalists as less than friendly to markets. Some China-focused e...
TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector
Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...
Southern California’s Notorious Container Ship Backup Ends
The backup of container ships off Southern California’s coast that was at the heart of U.S. supply chain congestion during the Covid-19 pandemic has effectively disappeared. The queue of ships waiting...
Taiwan Semi reports stronger-than-forecast profit
Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...
Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.
Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about...
These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...
Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.
This year nearly every type of security has declined — bad news if you look at your portfolio’s value each day and have difficulty sleeping at night. On the other hand, it’s good news if you’re lookin...
FedEx Earnings Are Coming. It Shouldn’t Get Any Worse.
Text size FedEx investors will want to hear from management after a disappointing update given a week ago. Joe Raedle/Getty Images Shipping giant FedEx reports its fiscal first-quarter financial resul...
China’s EV Startups Suffer Widening Losses Despite Sales Boom
Sept. 19, 2022 6:00 am ET Listen to article (2 minutes) HONG KONG—China’s electric-vehicle market is booming, but the country’s hottest EV startups are seeing losses grow even as sales rise. Rising ba...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Bulls Get Scorched by FedEx. Don’t Expect the Fed to Help.
Text size FedEx’s disappointing earnings and unexpectedly weak guidance were key factors in this past week’s stock market swoon. David Paul Morris/Bloomberg The stock market faces a doubly poisonous c...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...