FedEx (NYSE: FDX) predicts that Monday will be the busiest day of its 2021 holiday season. The company continues to deal with operational setbacks amid labor shortages, increased volume,...
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Ford Sales Tumble Amid Ongoing Chip Shortage
Ford Motor (NYSE: F) experienced a 33.1% fall in new vehicles sales last month, compared to the previous year, amid the continuous shortage of semiconductor chips within the auto...
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Ford Sales Plunge 27% in June Amid Ongoing Chip Shortage
Ford Motors (NYSE: F) reported a 27% fall in June sales, compared with the previous year, ultimately missing analyst expectations as a consequence of the global semiconductor chip shortage....
Ford Motor (NYSE: F) sales plunged 15.6% in 2020 as a consequence of the ongoing coronavirus pandemic, lack of commercial fleet sales as well as small inventory of the...
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Walmart Scraps Contract with Robotics Company
Walmart (NYSE: WMT) has ended its contract with Bossa Nova Robotics, which provided some locations with robots that scanned shelves for inventory. The multinational retail corporation opted to replace...
Macy’s (NYSE: M) is looking to raise USD5 Billion in capital and avoid bankruptcy as COVID-19 forces all stores to remain closed. According to people familiar with the subject,...
