S&P 500 chief executive officers have opened up their wallets for this month’s midterm elections, and none more than Reed Hastings. The Netflix NFLX, -4.80% co-CEO‘s political spending in the Read more
Tag: freight transport
Poseidon’s $10.9 billion take-private deal for Atlas Corp. sets sail at sweetened price
Atlas Corp. said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a $10.9 billion take-private deal about three months after the energy-generation- and container-ship-asset owner was Read more
The supply chain outlook for holiday shopping: What’s in stock, and what’s not
Logistics in general, and supply chains in particular, weren’t something Black Friday shoppers thought about much. Until the pandemic hit and empty shelves were where baby formula, produce and, yes, Read more
Black Friday is Nov. 25: Will there be any deals?
Here’s how experts predict the shopping event will shape up this year. Inflation will impact deals Inflation has driven up the cost of all goods by 8.2% between September 2021 Read more
Volvo Car Q3 earnings hit by higher raw material costs; though demand robust
STOCKHOLM–Volvo Car AB VOLCAR.B, +1.61% said Thursday that higher raw-material costs, spot buying of semiconductors and logistics costs hit third-quarter earnings, though demand remained robust. The auto maker said manufacturing Read more
UPS stock jumps after profit beat and affirmed outlook, as raised U.S. prices helped offset dip in volume
Shares of United Parcel Service Inc. got a nice lift Tuesday, after the package delivery giant came up a bit shy on revenue but beat profit expectations, and because the Read more
Taiwan Semi slumps after reported diss of U.S. chip efforts, analog-chip downgrades also drag on semiconductor sector
Chip stocks lagged behind the broader market Monday following a report that Taiwan’s fabrication industry is pessimistic about U.S. efforts to lessen its reliance on foreign capacity, along with a Read more
Xi’s power move punishes Chinese stocks, pushing them down as much as 26% in one day
Investors have made one thing clear: They don’t like Xi Jinping’s moves to consolidate power. Over the weekend, Xi took his third term as China’s communist party leader while sidelining Read more
CSX set to boost rail network performance, say analysts
CSX, which delivered a third-quarter earnings beat and robust guidance last week, is well positioned to boost the performance of its rail network, analysts say. The railroad company’s stock rose Read more
Early chip earnings provided a sigh of relief, but two more big tests are coming
Early chip-industry earnings reporters have provided a sigh of relief in a sector where many companies have slashed forecasts, but there are more big tests in the days ahead. Texas Read more