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The Latest Breaking News from Supply chain

2 Wholesale Stocks You Shouldn't Hesitate to Buy in 2023

The wholesale industry is poised to grow significantly this year owing to growth in e-commerce, easing supply chain disruptions, and improved economic growth outlook. Hence, it could be wise to add fundamentally stable wholesale stocks Kroger (KR) and BJ's Wholesale Club (BJ) to your portfolio this year. Keep reading….

StockNews.com

Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Gabrielle a curveball for supply chain recovery

The cyclone has seen ports closed for multiple days ahead of a landmark day for the supply chain.

Newsroom.co.nz

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Farmers, freight and councils call for road network rebuild after months of flooding

A new rural roads alliance says an already strained supply chain is further being strangled by an inadequate national road network and it's calling on the federal government to pay attention.

ABC News

Northern Ireland new car sales jump as supply chain issues continue to ease

A total of 4,687 new cars were registered in the province last month

Birmingham Post

Battery recycling firm wins $2B loan from Energy Department

A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration

The Independent UK

Zytronic dogged by supply chain issues but remains upbeat about market opportunities

The Blaydon firm said it was forced to turn to the grey market and 'cannibalisation' of its finished products to source components

Birmingham Post

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Direct-to-consumer shift puts supply chain agility in the spotlight once more

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

3 Logistics Stocks to Add to Your Portfolio This February

The logistics industry has recovered significantly from pandemic-related challenges and is poised to witness solid growth in the foreseeable future, driven by the rapid adoption of advanced technologies and redesigning of supply chains. Therefore, it could be wise to add quality logistics stocks Kuehne + Nagel (KHNGY), Universal Logistics (ULH),…

StockNews.com

THG, Steven Bartlett and Home Bargains: The 13 latest North West deals you should not miss

A range of businesses from across the region have announced major deals over the last week

Birmingham Post

30 jobs lost as East Midlands construction firm goes bust

Collapse blamed on 'extremely difficult trading conditions', supply chain issues caused by Covid and cash-flow challenges

Birmingham Post

Polaris Announces 21-Percent Sales Surge In Q4 2022

Polaris releases its Q4 2022 sales report, indicating that the company enjoyed a 21-percent sales surge thanks to easing supply chain issues.

RideApart

Tech giants Apple, Amazon and Alphabet post disappointing results

Facebook parent company Meta bucks trend with better earnings than expected, as Apple sees first profit miss in seven years

The Guardian - US

3 Auto Stocks That Are Better Buys Than Mullen

As inflation shows signs of easing, supply chain issues subside, and consumers transition to EVs, the automotive industry is expected to witness a rise in demand. Therefore, it could be wise for investors to buy fundamentally strong auto stocks Volkswagen (VWAGY), Honda Motor (HMC), and Mazda Motor (MZDAY) over fundamentally…

StockNews.com

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WEKU

How 'modern-day slavery' in the Congo powers the rechargeable battery economy

Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo. Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show."

Axios

Biden's electric-car push is already working

The White House's plan to jump-start a domestic supply chain for electric vehicles is on track to shatter expectations.

Insider UK

'Urgent action needed' to help firms accelerate low carbon energy shift

Industry body calls on government to provide a stable regulatory and fiscal framework

Fortune

Chip giant ASML will have to help the U.S. stymie Chinese production

Details remain unclear, and CEO Peter Wennink has warned that a broad ban could hammer supply chains.

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Tribune News Service

GM reports nearly $10 billion in profit in 2022 despite headwinds

General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

StockNews.com

These 4 Semiconductor Stocks Are Hot Buys Right Now

Despite the supply chain issues spurred by U.S.-China tensions, the semiconductor industry’s growth prospects appear bullish due to increased demand and usage across various sectors and growing federal and corporate spending. Hence, fundamentally sound semiconductor stocks Taiwan Semiconductor (TSM), Broadcom (AVGO), Photronics (PLAB), and Xperi (XPER) could be solid buys…

Insider UK

Scottish drinks business searches for senior industry talent

Whisky brand owner seeks a new vice president of sales, operations director, head of supply chain and head of finance

The Guardian - UK

China owns vast network of UK real estate, offshore records reveal

Presence of key distribution centres on list of more than 250 properties raises questions about grip on supply chain links

Fortune

The Black-owned $15 billion tech company, World Wide Technology, is still hiring workers as sector sheds job

World Wide Technology is bucking tech's layoff trend and snapping up talent for its supply chain arm.

Tribune News Service

Broad focus planned for revamped COVID panel under GOP majority

The new chair of the House Select Subcommittee on the Coronavirus Pandemic is planning a wide focus on future pandemic preparedness and the impacts of the pandemic on the economy, education and the national supply chain.

Tribune News Service

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

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