Analysis: U.S. manufacturers take a double hit from labor and materials
Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others were also considering jumping ship, but co-owner Glen Calder said the South Carolina-based construction machinery company managed to persuade them to stay by promising a better career.
Analysis: Tesla’s plans for batteries, China scrutinized as Musk drops features
Tesla Inc (TSLA.O) has weathered the pandemic and supply chain crisis better than many of its rivals, achieving record deliveries last quarter. But Chief Executive Elon Musk faces pressure to deliver on breakthrough batteries and new factories and models, which are late.
Monopoly-maker Hasbro revenue surges as TV, film business bounces back
Toymaker Hasbro Inc (HAS.O) posted a better-than-expected 54% jump in quarterly revenue, helped by rising demand for its “Dungeons & Dragons” tabletop game, while its film and television production unit rebounded after a year of pandemic-led shutdowns.
Everybody take the week off, Wall Street firm tells staff
No calls, no emails and no meetings.
JLR parent sees demand recovering, warns of short term impact of chip shortage
India’s Tata Motors Ltd (TAMO.NS) said on Monday it expects performance to improve from the second half of its current financial year, anticipating an easing of global supply constraints on rapid COVID-19 vaccinations.
Fed meeting may test low U.S. Treasury yields
The $22 trillion market for U.S. Treasury securities may get a reality check from the Federal Reserve this week following a plunge in interest rates that bucked expectations of higher yields this year as the economy rebounds from the COVID-19 pandemic.
Urban legend: Why Alibaba’s John Caplan is bullish on cities
When it comes to cities in a global pandemic, reports of their demise have been greatly exaggerated, according to John Caplan.
Marketmind: A China crackdown
World stocks snapped a four-day rising streak on Monday as a widening crackdown on some parts of the world’s second biggest economy by regulators sent shudders through global markets.
Bezos-backed plant food firm NotCo joins unicorn club after latest funding
Jeff Bezos-backed food-tech firm NotCo said on Monday it raised $235 million in its latest funding round that also included athletes Lewis Hamilton and Roger Federer, valuing the plant-based food company at $1.5 billion.
German business morale down on supply shortages, virus fears
German business morale fell unexpectedly in July on continuing supply chain worries and amid rising coronavirus infections, a survey showed on Monday.
