NewsEdge

Holiday shipping season likely impacted by shipping backlog

One Las Vegas company that manufactures everyday consumer items such as home audio systems says they're facing up to three-month delays to get their raw materials and another three- to four-week delay to finish the product.

Blackstone buying majority stake in Spanx

Blackstone Inc. is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.