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Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link
Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues
The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link
Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link
Fire on Car-Carrier Ship Off Dutch Coast Kills One
The coast guard is investigating whether the blaze started in one of the electric vehicles onboard. Source link
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Meta’s Threads Isn’t Labeling Propaganda Accounts From Russia, China State Media
What to Read Next Source link
Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far
The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. Source link
New Engines on Hundreds of Airbus Jets Recalled for Inspection
RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link
Biogen to Cut Roughly 11% of Workforce
The biotech cited the launch of Alzheimer’s drug Leqembi as part of its new focus on big-return products. Source link
'Forever Chemicals' Settlement Weighs on 3M Earnings
The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link