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Supply Crunch Drives Costco to Reintroduce Buying Limits on Items Like Toilet Paper
Richard Galanti, Chief Financial Executive of Costco, told participants on an earnings call on Sept. 23 that the company was facing supply chain issues and inflationary pressures.
Elon Musk Expects Chip Shortage to Be Short-Lived as Production Capacity Expands
Musk's remarks follow comments made earlier in the week by General Motors President Mark Reuss, who said he expects the global supply of chips to stabilize but at lower levels than automakers need to rebuild their inventories.
Elon Musk and Grimes Officially Split 'On Great Terms'
The billionaire and the singer were together for three years.
Delta Pushes Airlines to Create a National 'No Fly' List of Unruly Passengers, After Banning 1,600 People From its Flights
"A list of banned customers doesn't work as well if that customer can fly with another airline," it said.
What to Know About Second Chance Hiring and Why It Could Help Solve Your Labor Problems
There's a massive pool of untapped talent that small businesses can benefit from using second chance hiring. Here's how to do it.
Bill Gates Delivers 'Classiest Burn' to Billionaires Trying to Go to Space
To kick off climate night on 'The Late Late Show' on Wednesday, Gates appeared via Zoom to chat with James Corden.
Chip Shortage to Cost Automakers $210 Billion in Sales: Analysis
The forecast, released Sept. 23, estimates that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021.
Jobless Claims Rise Above Expectation to Highest Level in a Month
First-time filings for unemployment insurance-a proxy for layoffs-came in at 351,000 for the week ending Sept. 18, a rise of 16,000 from the previous week's revised level of 335,000.