New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …
Freight rail service is terrible, even without the threat of a strike | CNN Business Read More »
hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record profits in the second quarter of 2022 as energy stocks have weakened in recent months. Brandon Bell | Getty Images On Friday, two Democratic lawmakers accused the largest oil companies in the United States …
Democratic lawmakers accuse big oil companies of ‘greenwashing’ Read More »
Some of the world’s biggest oil and gas companies have internally dismissed the need to quickly switch to renewables and cut global warming emissions, despite coming forward publicly as concerned about the climate crisis, a researcher has found. committee of the United States House of Representatives. Documents obtained from companies such as Exxon, Shell, BP …
Oil companies have internally rejected swift climate action, House panel finds Read More »
At a press conference Ars attended today, Department of Defense officials discussed the benefits of partnering with Google, Oracle, Microsoft and Amazon to build the Pentagon’s new cloud computing network. The multi-cloud strategy has been described as a necessary measure to keep military personnel current as technology advances and managers’ familiarity with cloud technology has …
The Pentagon chose four tech companies to form a $9 billion cloud computing network Read More »
Evercore ISI Managing Director Mark Mahaney reveals which stocks could outperform if the US economy is hit by a recession on “Varney & Co.” The number of companies implementing layoffs is growing, with most citing tough economic conditions and recession fears as the driver. Even with high borrowing rates and persistent inflation, Jeffrey Pfeffer, a …
Layoffs: Companies copy others ‘in almost blind imitation’, says professor Read More »
Evercore ISI Managing Director Mark Mahaney reveals which stocks could outperform if the US economy is hit by a recession on “Varney & Co.” The number of companies implementing layoffs is growing, with most citing tough economic conditions and recession fears as the driver. Even with high borrowing rates and persistent inflation, Jeffrey Pfeffer, a …
Layoffs: Companies copy others ‘in almost blind imitation’, says professor Read More »
Early in the pandemic, waves of layoffs hit retail, leisure and hospitality workers — anyone whose job depended on in-person interactions. But now that the pandemic has subsided, it’s those workers who are outnumbered and it’s the highest-paid employees who find themselves at the end of the layoff announcements. Among the branded companies that recently …
White-collar layoffs soar at brand companies amid economic downturn Read More »
Johnson & Johnson (JNJ) is preparing next year to turn its consumer health unit into a publicly traded company separate from its pharmaceutical and medical technology businesses. Prior to the split, Morgan Stanley released a research note, highlighting some of the market debate over the move, which would result in a consumer brand company called …
What to watch for as J&J prepares to split into two separate companies next year Read More »
