Johnson and Johnson, Costco settle lawsuits over recalled sunscreen products with cancer-causing chemical
Johnson & Johnson and Costco Wholesale Corp. have reached a tentative agreement over lawsuits in connection with recalled Neutrogena and Aveeno sunscreens after a cancer-causing chemical was detected in the products.
How cheesecake-to-go saved the Cheesecake Factory
When Covid-driven closures cut deeply into sit-down business in Cheesecake Factory’s cavernous, lavish dining rooms, the 208-restaurant chain emphasized to-go orders to help buttress sales. It worked: The chain is averaging more than $3 million in to-go orders per location this year, more than double its typical amount before the crisis.
Amazon driver fired after video shows female hopping out of back of delivery van
A Florida Amazon driver was fired after a female was seen hopping out of the back of his delivery truck.
Amazon to pay billions to prevent holiday shortages
Bankrate senior economic analyst Mark Hamrick and Simpler Trading director of options Danielle Shay on retailers like Amazon preparing for the holiday shopping season and how this can impact companies’ earnings and stocks.
What to do if you bought Walmart’s recalled room spray
Instead, the Better Homes & Gardens Essential Oil Infused Aromatherapy Room Spray with Gemstones which was sold at 55 Walmart stores and on the retailer's website – should be properly secured and shipped back to a Walmart store, according to the federal agency.
Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert
Third Bridge TMT global sector lead Scott Kessler says Apple and Amazon earnings fell below estimates due to supply chain issues.
Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO
Cornerstone Wealth CIO Cliff Hodge argues that supply chain disruptions have impacted earnings for some of the best-run companies.
Apple posts rare sales miss amid chip shortage, supply issues
Apple posted a rare sales miss in its fourth fiscal quarter of 2021 on Thursday as the iPhone maker contended with a global chip shortage and manufacturing delays related to the COVID-19 pandemic.
Amazon falls far short on earnings, citing ongoing supply chain crisis
Amazon's earnings fell far short of expectations in its latest earnings report, and CEO Andy Jassy warned investors of "several billion dollars" in additional costs for Q4.
Is there a nationwide flower shortage? California farmers say yes.
Consumer demand for flowers has skyrocketed, but the supply isn't keeping up. That has led to a nationwide flower shortage. One Southern California flower farm says the problem is threefold: not enough workers, not enough truck drivers, and too much demand.
United Airlines to resume selling hard liquor in November
Alcoholic beverages are complimentary in premium cabins on all flights and in Economy Plus on premium transcontinental flights.
Overstock CEO rips Psaki over supply chain crisis: It's 'ludicrous' to say issues caused by consumers
Overstock CEO Jonathan Johnson criticizes White House press secretary Jen Psaki for blaming supply chain disruptions on Americans.
Costco reportedly raises minimum wage to $17 an hour
Costco has raised its minimum wage to $17 an hour this week, according to reports.
California high school truck driver program addresses shortage annihilating supply chain
Patterson High School's supply chain and logistics program focuses on training seniors for truck driving careers.
Is inflation fueling lack in consumer confidence?
Strategic Resource Group Managing Director Burt Flickinger provides insight into consumer sentiment ahead of the holiday shopping season.
Rent the Runway struts its stuff before falling in Wall Street debut
Rent the Runway had a strong showing out of the gate with its market debut on Wednesday, before seeing its share price steadily fall.
What to expect from markets in 2022
Advisor Group chief market strategist Phil Blancato and Eva Agi of Gerber Kawasaki Wealth & Investment Management weigh in on earnings, consumers and the markets.
2021 holiday sales projected to hit new records
The nation’s largest retail trade group projected Wednesday that holiday sales may "shatter previous records" even with the economy facing a range of headwinds including supply chain disruptions, inflationary pressures to widespread labor shortages.
Portfolio manager on third-quarter earnings, supply chain disruptions
George Cipolloni, portfolio manager of Penn Mutual Asset Management, argues the margins of 'a lot of price takers outside of the Big Tech companies' will be impacted by supply chain issues and inflation.
Celtics' Enes Kanter doubles down on accusing Nike of using 'slave labor' from China to make shoes
Boston Celtics center Enes Kanter has doubled down on accusing Nike of using Chinese "slave labor" in the making of the company's shoes.