Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand

July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...

Monthly Car Payments Top $1,000 For Many, Edmunds Says

More than 10% of new vehicles financed last month had a monthly payment of $1,000 or more, a record, … [+] according to Edmunds. Getty Images We’re all aware by now, consumers are in a bidding w...

Stanley Black & Decker leads S&P 500 decliners after tool maker’s weak quarter leads it to slash guidance

Shares of Stanley Black & Decker Inc. tumbled 13.7% Thursday to lead S&P 500 decliners after the tool maker’s second-quarter earnings fell far short of estimates, it slashed its guidance and a...

Roku Swings to Second-Quarter Loss on Slower Ad Spending

Roku said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 2...

Energy, Oil, And Gas: The Network Visibility Imperative

U.S. and global oil, gas, energy, and utility companies are looking at challenges in their markets, rarely seen in recent years. The complexity of delivering energy to previous high standards is stagg...

Good Luck Finding Any Of These Hot-Selling Cars On Dealers’ Lots

The Subaru Crosstrek was the fastest-selling car last month, sitting in inventory for an average … [+] 12.9 days before being driven off a dealer’s lot. Subaru These are not the best of ti...

Walmart Shares Plunge Nearly 10% After Company Warns Of Profit Slowdown Due To Inflation

Topline Shares of Walmart fell nearly 10% in after-hours trading on Monday after the company slashed its profit outlook for the second quarter and rest of the year, warning that high inflation is havi...

Philips Cuts Guidance as Inflation and Supply Disruptions Hit Earnings

Text size Philips said it expects full-year sales growth of 1% to 3%, down from its previous forecast of 3% to 5%. AFP via Getty Images Shares of Philips fell sharply after the Dutch maker of Sonicare...

Intuitive Surgical Stock Is Tanking. But Analysts Like the Long-Term Story.

Text size J.P. Morgan calls Intuitive’s da Vinci Xi robotic surgical system first and best in class. Courtesy of Intuitive Surgical Surgical systems manufacturer Intuitive Surgical had a disappo...

The War In Ukraine: Lessons For Manufacturers

An already highly challenged global supply chain has been stretched beyond capacity. Indeed, a … [+] combination of rising demand and a shortage of vital commodities — from fuel and food to meta...

High-Performance Supply Chains Begin With The Gemba

Understanding what’s going on where the value is created is critical to manufacturing success Photo by ThisisEngineering RAEng on Unsplash As senior business leaders, it’s easy to slip into thin...

Apple price target cut to $175 at Citi, which offers five reasons to keep buying the stock

Cautious consumers, macroeconomic worries and continued supply chain bottlenecks are going to work against Apple Inc. in the near term, but don’t give up on shares now. That’s the view from Citi analy...

Fed Up With China, One Boss Tries Removing It From the Supply Chain

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Strike at Machinery Maker CNH Industrial Grinds On as Talks Stall

Negotiations between CNH Industrial NV and the equipment maker’s striking workers have hit a stalemate, deepening supply-chain problems with farm and construction equipment. Bargaining sessions betwee...

Large Retailers Are Getting Hit Hardest by Overstocking

Big retailers are struggling to cope with large stockpiles of furniture, apparel and workout equipment, yet broad measures show inventories at American companies remain exceedingly lean by historical ...

Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry

Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it improved truck and SUV deliveries and benefited from the rollout of a new all-electric pickup. O...

Tesla Vehicle Deliveries Tumble After China Factory Shutdown

Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...

Opinion: Stocks could drop 50%, Nouriel Roubini argues. Things will get much worse before they get better.

NEW YORK (Project Syndicate)—The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policy makers, investors, and households now asking how much they sh...

Building A New Technology Diplomacy For The 21st Century

IBM Fabricating Plant Getty Images Over the past decade, the Asia-Pacific region has risen in its strategic importance to the United States, in terms of economic and national security. It is now the w...

Aerospace & Defense Companies View Their Business Through Ukraine-Colored Lenses

MARIUPOL, UKRAINE – MAY 22: Metinvest employees work at the Ilyich Iron and Steel Works on May 22, … [+] 2014 in Mariupol, Ukraine. (Photo by John Moore/Getty Images) Getty Images A report...

General Motors EV Partner Sees Director Buy More Stock

Text size MP Materials shares have slipped 21% so far this year Joe Buglewicz/Bloomberg MP Materials stock has slipped this year, and director Randall Weisenburger bought more shares of the rare-earth...

Russian Gas Cuts Threaten World’s Largest Chemicals Hub

LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...

Symbotic Stock: Walmart Discloses It Holds a Stake in AI Company

Text size Walmart owns a stake in AI company Symbotic. Photo by George Frey/Getty Images Symbotic shares finished lower Tuesday after Walmart disclosed it holds a stake of 11.1% in the artificial inte...

3 Takeaways From Gartner’s Supply Chain Symposium

A high-functioning supply chain is critical for manufacturing success Image by Niklas9416 from Pixabay The supply chain is the circulatory system of global commerce and is foundational to the manufact...

Escaping The Retail Supply Chain Squeeze

The “Uberization” of retail supply chains is underway with new cooperative models and hypernetworked logistics promising an escape for retailers stuck between the costly privilege of supply chain inde...

Digital Is The Foundation For Future Growth

Tech is driving the future of manufacturing. Shutterstock It’s hard to believe that a year has passed since we reported the findings of our 2021 survey of supply chain, engineering, R&D, and busin...

Cosmetics Maker Revlon Nears Chapter 11 Filing

Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and...

Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse

Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...

Amazon’s Consumer Chief Dave Clark Joins Supply Chain Startup Flexport As CEO

Outgoing Amazon Worldwide Consumer chief Dave Clark is joining supply chain unicorn Flexport as co-CEO. Grant Hindsley Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sol...

Gatik, Georgia-Pacific And KBX Announce Commercial Partnership For Driverless Trucks Serving Sam’s Club Stores

Gatik’s Autonomous Class 6 Truck posing for a glamour shot in front of their new delivery point … [+] Sam’s Club. Gatik Automated Driving System developer Gatik, a pioneer in middle ...

Europe Car Sales Forecasts Slashed Again, But Global Supply Improvements Promise Relief

Containe ships, Shanghai getty As European short-term car sales forecasts are slashed again because of China and Russia, investors worry that by the time supply chain horrors have subsided, underlying...

SafeAI Partners With Siemens, Obayashi To Launch Retrofit Approach To Autonomous Electric Construction Vehicles

A Caterpillar 725 articulated dump truck retrofitted for EV and AV by SafeAI and Siemens. © 2021 Niall David SafeAI has announced an agreement with Siemens to create an autonomous, electric fleet for ...