What caused the global semiconductor chip shortage?
General Motors recently announced that it would reduce some truck production in North America due to the global chip shortage, while Ford has also pulled back production at several factories.
Biden promises US investment in semiconductors at Mack Trucks plant, as global shortage haunts auto sector
President Biden on Wednesday detailed his plans to invest billions of dollars to support new semiconductor chip factories, as he spoke about the need to bolster the American supply chain in Pennsylvania.
Furniture manufacturers are reporting major shipping delays nationwide
Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.
Lysol maker confronts inflation, slowing disinfectant sales amid pandemic recovery
Reckitt Benckiser Group grappling with a pandemic-recovery double whammy: slowing sales of disinfectants and rising cost inflation.
Fujifilm to close South Carolina plants; 400 will be unemployed
Japanese photo giant Fujifilm Corp. is closing several plants in South Carolina as more than half its employees in the state will lose their jobs.
Second bicycle shortage in 2 years hits sellers as COVID-19 pandemic comes to an end
Bicycle and sports equipment sellers are facing a second bicycle shortage after an initial shortage occurred in 2020.
Boeing risks missing Air Force One 2024 deadline due to legal, production issues
Boeing and GDC Technics are locked in a legal battle over the termination of a contract related to the Air Force One production.
Meet Biden's 'Made in America' director
President Joe Biden named Celeste Drake to a new position at the White House Office of Management and Budget to monitor his “Buy American” initiative and focus on ensuring the government buys more domestically made goods.
Orders for big-ticket manufactured goods rebound in March
Orders for big-ticket manufactured goods rebounded 0.5% in March as U.S. factories recovered from frigid February weather disruptions
Foxconn, Wisconsin reach new deal on scaled back facility
Foxconn Technology Group, the world's largest electronics manufacturer, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced on Monday.
Why the global chip shortage is wreaking havoc on auto industry, major tech firms
Constellation Research founder Ray Wang weighs in on the long-term effects of the global semiconductor chip shortage.
Cardboard box prices skyrocket as COVID-19 pandemic causes spike in online orders
The value of the humble cardboard box is on the rise, with demand for deliveries and online shopping not slowing down as the coronavirus pandemic nears an end.
Art Laffer blasts Joe Biden's economic plan, 'they want to make all of us poor'
Art Laffer, a former economic adviser to Ronald Reagan, says the problem with Joe Biden’s recently released economic proposal is that it's anti-growth, as it taxes people who work and pays people who don’t work.
Workers rally outside shuddered Lordstown GM plant in emotional last day on job
Lordstown GM plant produced cars for 50 years, GM announced it would close last year













