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Clorox Says Cyberattack Is Hurting Product Availability, Will Weigh on Quarter
The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it caused wide-scale disruption of operations. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link
The Rapid Rise of Threads Appears to Be Hurting Twitter
Third-party estimates showed Twitter’s traffic falling, while Meta Platform’s new app hit 100 million sign-ups. Source link
Is Big Tech's R&D Spending Actually Hurting Innovation in the U.S.?
Big companies are hiring an ever-larger proportion of America’s inventors, who are less productive once they join. Source link