The inventory gluts caused by inflationary conditions aren’t going to be worked off quickly, according to an exclusive CNBC Supply Chain Survey.
Indian street food chain Mowgli now has almost twenty branches across the U.K. Its founder, Nisha Katona, has some advice for women entrepreneurs.
Sales of Ford’s F-Series pickups increased 22% last month compared with a year earlier, including a spike in sales of its electric F-150 Lightning.
The U.S-China trade relationship has endured Covid and tariffs. Now alleged spy balloons are giving industries like retail another reason to move manufacturing.
Inflation has dropped rapidly helping the Fed and economy, but there’s a sticky source in the supply chain related to inventory gluts and weak consumer demand.
More than half of logistics managers surveyed by CNBC do not expect the supply chain to return to normal until 2024 or after.
Domino’s is buying 800 GM Chevy Bolts for a nationwide EV push with optimization of pizza delivery key to meeting a net-zero carbon emissions goal by 2050.
Ford on Wednesday updated its guidance to forecast full-year adjusted earnings before interest and taxes of about $11.5 billion.