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The Latest Breaking News from Supply chain

General Electric Stock Slides As CFO Cautions On Supply Chain Woes, Cashflow Pressure

GE CFO Carolina Dybeck Happe cautioned late Thursday that supply chain disruptions could trim the industrial group's cashflow forecasts.

The Street

A deal to avert a rail strike is on track, but it won't fix U.S. supply chain issues

Supply chain disruptions have eased since the height of the pandemic, but concern over a potential rail strike, which appears to have been narrowly averted, highlights how that system remains fragile.

WEKU

Stocks Slide, Consumer Sentiment Data, FedEx, GE and Uber In Focus - 5 Things To Know

Stock futures slump on recession worries; Consumer sentiment data in focus amid sticky inflation; FedEx shares plunge after pulling profit forecast; General Electric slumps on supply chain, cash flow caution and Uber skids after confirming cybersecurity breach.

The Street

From analysis to the latest developments in health,
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Housebuilders 'must tackle industry misconceptions', says new Homes for Scotland CEO

The sector is also facing challenges from rising supply chain costs and a lack of skilled labour

Insider UK

5 Chip Stocks Under $100 to Buy Now

Investors’ sentiment has been deteriorating in the semiconductor sector amid the lingering supply chain issues and slowing demand. However, Federal initiatives and continued digitization and automation brighten the industry’s long-term prospects. Therefore, investors could consider buying quality chip stocks Taiwan Semiconductor (TSM), Applied Materials (AMAT), MaxLinear (MXL), Axcelis (ACLS), and…

StockNews.com

US rail companies, unions reach 'tentative' deal to avert strike

Washington (AFP) - A jubilant President Joe Biden announced a tentative deal Thursday to avoid a crippling strike by railroad unions following all-night talks as the clock ran down on threats to disrupt US supply chains in the run-up to midterm elections.

AFP

Biden says freight rail carriers, workers have tentative deal - Roll Call

President Biden said the rail deal includes a wage increase above 24 percent over five years and cap workers’ health care contributions.

Roll Call

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Key Texas industries could face bottlenecks over railroad labor dispute

If railroad companies and workers can’t resolve their dispute by Thursday night, the country could see its first railroad strike in 30 years.

The Texas Tribune

2 EV Supply Chain Stocks With Bright Futures

EV sales are booming and are expected to displace gas-powered cars within a decade as the primary mode of transportation. Rather than trying to pick winners and losers among the manufacturers, investors should bet on key companies that are part of the supply chain. 2 of these companies are Freeport…

StockNews.com

Damaging US rail strike looms as W.House pushes for deal

New York (AFP) - The Biden administration ramped up its efforts Wednesday to avoid a major strike by US freight railroad workers this weekend, which threatens to disrupt travel and supply chains two months before crucial midterm elections.

AFP

While Supply-Chain Kinks Remain, These 3 High Yield Air Freight And Logistics Stocks Ready To Take Off

With supply chain issues negatively impacting the global economy, it should come to no surprise that the industrials sector has been trading close but better than the overall S&P 500, as the sector is down 10.3% year-to-date, as of Sept. 9.

Benzinga

Damaging US rail strike looms as W.House calls for talks to continue

New York (AFP) - The Biden administration was still working Wednesday to avoid a major strike by US freight railroad workers this weekend, which threatens to disrupt travel and supply chains two months before crucial midterm elections.

AFP

2 Industrial Stocks to Buy Right Now That Are Better Than 3M

Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial…

StockNews.com

Thomas Black: Congress won’t let a rail dispute cripple the US

The U.S. transportation system is already starting to feel the effects of a potential rail strike, but any pain will be short-lived no matter how far apart the sides are at a Friday deadline because Congress will not allow supply chains to seize up again.

Tribune News Service

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Investors Business Daily

IBD 50 Stocks To Watch: Steel Company Poised To Gain From Backlog, Demand

Backlogs for steel have grown as several economies shake off the pandemic lockdowns and supply chain constraints ease.

Daily Record

Swimming pools at Stirling venues impacted by national chlorine shortage

Swimming pools at The PEAK, Stirling, and McLaren Leisure Centre, Callander, have been affected by problems in the supply chain of vital chemicals used to treat the water as a result of the war in Ukraine.

The Street

Railroad Strike Threat Hangs Over Holiday Shopping Season

The nation could be hit a railroad strike by the end of the week, increasing supply chain problems as the holiday shopping season is about to begin.

The Street

A New Threat Hangs Over Holiday Shopping Season

Even as energy prices continue to fall, a new monkey wrench for supply chains has appeared. .

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news in one place.

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Benzinga

This Is What To Expect From The Q3 Earnings Reporting Season

The S&P 500 (NYSEARCA: SPY) 3rd quarter earnings reporting season is fast approaching and it's time to start preparing for what could be a very bad season. While there are some glimmers that inflation has peaked it's still high, biting into the bottom-line outlook, and compounded by supply chain problems both…

StockNews.com

1 Stock That Could Help Brighten up Your Portfolio

Market-leading industrial technology company Acuity (AYI) mainly focuses on its portfolio expansion through innovation while keeping up with the market trends. It also returns capital to shareholders through share repurchases and consistent dividend payments. Despite the global supply chain issues and uncertain market conditions, the company reported strong financial results…

The Guardian - UK

Creating change at the source: how one global company aims to ensure its supply chain is sustainable

By supporting innovative assessment tools across its businesses and sectors, multinational giant Henkel aims to monitor its carbon reduction goals – and provide transparency for stakeholders

Axios

Possibility of railway and port strikes threaten supply chain recovery

That's gotten the attention of the White House, which is facilitating the labor talks at a level not seen in decades.

Asharq Al-Awsat

EBRD to Help Fund Transition from Gas to Wind Power in Egypt

The European Bank for Reconstruction and Development (EBRD) will help finance the decommissioning of 5GW of inefficient gas-fired power plants in Egypt from 2023 while pledging up to $1 billion for renewables, its regional director said on Sunday. EBRD would raise up to $300 million in sovereign financing for projects…

Birmingham Post

Thirsk's Inspired Pet Food teams up with Leeds Beckett University on sustainability project

A Knowledge Transfer Partnership aims to make the producer of dry pet food more sustainable across its supply chain

StockNews.com

MULN: Things Don't Look Pretty Under the Hood for This Stock

Automobile manufacturer Mullen (MULN) generates zero sales and has incurred massive losses since the inspection. The stock is currently trading nearly 95% below its 52-week high. Moreover, MULN is expected to face lingering issues, including increasing competition, strict government regulations, supply chain constraints, and high inflation. So, the company might…

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