Ford Motor Co. shares dropped more than 4% on the extended session Monday after the auto maker reaffirmed its outlook but said inflation and parts shortages will leave it with Read more
Tag: Production
Baby formula shortage is finally easing, although some states are still seeing high out-of-stock rates
America’s baby-formula shortage appears to be easing. As of Monday, there were 25% more baby-formula products available nationwide compared to the peak of the shortage in late May, according to Read more
U.S. industrial output up sharply in July
The numbers: U.S. industrial production rose 0.6% in July, the Federal Reserve reported Tuesday. The gain was above Wall Street expectations of a 0.3% increase, according to a survey by Read more
Want a big signing bonus? Walgreens is offering $75,000 to recruit pharmacists
Are you interested in a signing bonus the size of a salary? If you are a pharmacist, this could be your opportunity. Walgreens WBA, +0.43% is offering new pharmacist employees Read more
Opinion: The FDA should ban imports of unsafe generic drugs now
More than 131 million Americans take prescription drugs each day. And almost all of these prescriptions are filled with generic medications at local pharmacies. What’s deeply concerning is that the nation’s largest supplier of Read more
K+S 2Q Earnings Jumped on Higher Prices; Backs Outlook Despite Possible Gas Shortages
By Pierre Bertrand K+S AG said Thursday that second-quarter earnings jumped as higher average prices compensated for increased costs, and backed its 2022 outlook despite a possible reduction in natural Read more
California man charged with naming phony film studio Desilu after famed ‘I Love Lucy’ production company to swindle investors
It was nothing to sneeze at. A man who co-created the cold remedy, Zicam, has been charged with running a phony movie business called Desilu Studios after the famed production Read more
Oil bounces after drop in gasoline inventories
Oil futures rose Wednesday, erasing earlier losses after government data showed a bigger-than-expected drop in U.S. gasoline inventories and a jump in refinery utilization, though crude inventories jumped. Price action Read more
Opinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam
On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that Read more
China Car Sales Keep Rebounding as Production Revs Up
By Raffaele Huang SINGAPORE–Car sales in the world’s biggest auto market continued to recover in July as production was ramped up following earlier disruptions caused by Covid-19 lockdowns and Chinese Read more