The Latest Breaking News from Supply chain

Stocks rose in Asia on Friday following another rally on Wall Street as investors try to process central bank moves to fight soaring inflation with the growing possibility that those measures will induce a recession. Global markets have been thrown into turmoil for months by a perfect storm of crises…

Congress passed an extension for some of the school meal waivers that supported families and schools during the pandemic, but they'll end for many who got free meals for the last two years.

LightInThe Box Holding (NYSE:LITB) reported a first-quarter FY22 sales decline of 16.3% year-on-year to $93.8 million. Apparel sales increased 13.7% Y/Y to $67.2 million, representing 71.7% of total revenue. The gross margin for the quarter expanded 410 basis points to 50.7%. Loss from operations was $(6.4) million compared to an operating income of…

Apogee Enterprises Inc (NASDAQ:APOG) reported first-quarter FY23 sales growth of 9% year-over-year to $356.6 million, beating the consensus of $328.59 million. Revenue by segments: Architectural Framing Systems $163.3 million (+19% Y/Y); Architectural Glass $76.3 million (-8.1% Y/Y); Architectural Services $103.4 million (+14% Y/Y); and Large-Scale Optical $25.2 million (+4% Y/Y). The gross…

No 99 is complete without a Flake, despite a shortage expected for a second year in a row due to supply chain issues.

The impact of supply chain problems in China on Tesla’s new battery factories in the US and Germany mean they are losing billions of dollars, according to the company’s multi-billionaire founder.

Thomas Wesley Pentz, better known for his artistic name, Diplo, partnered with California cannabis beverage company Leisuretown, professional skateboarder Rob Dyrdek and cannabis supply chain company HERBL, to launch a new line of cannabis drinks under the Leisuretown brand name.

The business world is divided over whether the SEC should require disclosure of Scope 3 emissions, or those from a company's supply chain.

Supplies are running ‘two to three weeks’ behind, a situation the store says has been exacerbated by post-Brexit staff shortages