General Business

Omicron compounds employee scarcity, provide chain woes for retailers

One shelf stands empty while customers shop in Columbus, Ohio. Matthew Hatcher | Getty Images News | Getty Images Shorten store opening hours, temporarily close locations, and send letters of apology to customers for long lines and late appointments. These are some of the unusual steps retailers and restaurants are taking when Covid cases rise […]

General Business

Ford’s U.S. gross sales continued to get better from chip scarcity in October

Bronco SUVs in production at the Ford Michigan plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford engine US vehicle sales showed positive signs of recovery from a persistent shortage of semiconductor chips that devastated the global auto industry this year. The Detroit-based automaker reported sales of 175,918 new vehicles in October on […]

Money

Will throwing cash at drivers resolve the trucker scarcity downside? – RetailWire

July 30, 2021 A truck driver shortage, which has contributed to the ongoing disruption in the supply chain, has been a challenge for over 15 years and is only expected to get worse. The American Trucking Associations (ATA) said prior to the pandemic that The trucking industry faced a shortage of nearly 61,000 drivers and […]

General Business

Instances, fatalities rise as oxygen scarcity persists

A Covid-19 coronavirus patient breathes with the help of oxygen provided by a gurdwara, a place of worship for Sikhs, under a tent on May 6, 2021 on the side of the road in Ghaziabad. Prakash Singh | AFP | Getty Images India again reported a record number of cases and deaths Thursday as it […]

Money

Don’t Waste Your Cash: Laptop Chip Scarcity

Posted: Feb 17, 2021 / 10:41 PM EST /. Updated: February 17, 2021 / 10:41 PM EST Remember how Sony PlayStations weren’t to be found during the holidays but should be plentiful by now? That did not happen, and the main problem causing these bottlenecks is now other bottlenecks as well. Can’t find a PS5 […]

General Business

Cramer calls on U.S. to fund vegetation to handle chip scarcity, unemployment

CNBC’s Jim Cramer said Wednesday the United States should fund the development of a chip maker to address both the high unemployment rate in the country and a chip shortage that affects American businesses. More and more companies, including automakers, like ford and General Motorsrecently raised the alarm about global supply of components, which led […]