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Apple expected to kick off iPhone 13 production in India starting February 2021 as trials begin
As per the report, 20-30% of the iPhones produced in India are exported to other countries s…
Apple has told suppliers demand for the iPhone 13 is falling ahead of the holidays, Bloomberg reports
The tech giant had already cut its iPhone 13 production target for 2021 by as many as 10 million un…
Huileng Tan
Apple will likely have to cut its iPhone 13 production goals for 2021 due to the global chip shortage
Apple may make 10 million fewer of its newest iPhones than originally planned as the supply-chain d…
Tyler Sonnemaker
Apple and Amazon are warning that supply chain snarls and staffing challenges could dampen the holiday season
Both companies reported weaker-than-expected quarterly earnings and a bleak outlook for the upcomin…
Avery Hartmans
Apple falls from record highs as the tech heavyweight reportedly sees slower demand for iPhone 13
Apple is telling suppliers about waning iPhone 13 demand, Bloomberg reported, indicating some consu…
Carla Mozée
Apple iPhone 13 series – features, price, release date, design and everything we know so far
The iPhone 13 launch is just around the corner, and the rumour mill has given us plenty to chew on.…
Apple stock must navigate 'brutal' iPhone supply shortages as China factory protests may cut production by up to 10%, Wedbush says
"In many Apple stores we are seeing major iPhone 14 Pro shortages of up to 35%/40% of typical inven…
Carla Mozée
Apple has paid a $13 million fine that will go directly into Russia's state budget as Putin ramps up war spending, report says
The US tech giant paid the 1.18 billion roubles ($13.3 million) fine on January 19, according to a …
Tom Carter
From $2,000 sign-on bonuses to free hotel rooms and even iPhones, companies like McDonald's, Amazon, and JBS are finding creative ways to lure in new hires amid the labor shortage
Some are even giving free food and a $50 payment to applicants just for turning up for interviews a…
Grace Dean
McDonald's restaurants are open 10% fewer hours than before the pandemic, CEO says
Chris Kempczinski, CEO of McDonald's, told The WSJ the company's 13,000 US locations were open for …
Grace Dean
Intel CEO says global chip shortage will not end before 2023
Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor short…
Moody's warns of 'dark clouds ahead' for the global supply chain as 77% of the world's largest ports face backlogs
The credit rating agency said disruptions "will get worse before they get better." The largest US p…
Grace Kay
JioPhone Next launch delayed until Diwali due to chip shortage
The telco added that along with Google it has started testing the JioPhone Next with select us…
Apple suppliers to invest ₹2,800 cr in UP as iPhone maker to move more manufacturing to India
With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in Ch…
McDonald's franchises are offering emergency childcare as a draw for fast-food workers
McDonald's has pledged millions of dollars to support franchisees extend their program of employee …
Stephen Jones
A third of former hospitality workers won't return to the industry during the labor shortage because they want higher pay, better benefits, and a new work environment
Many workers who were either laid off or quit hospitality jobs are reluctant to go back, even as wa…
Grace Dean
A Nantucket restaurant is considering hiring 8th graders because of the lack of available workers amid the US labor shortage
The restaurant's chef told Fox Business that its Nantucket location meant it was worse hit by the l…
Grace Dean
The US labor shortage could last months, the Federal Reserve said. It's already causing some companies to limit production and slash operating hours.
Companies are especially struggling to find low-wage hourly workers, truck drivers, and skilled tra…
Grace Dean
Worker shortages across Vietnam, Malaysia, and Thailand may lead to big delays in holiday shipping this year
Global supply chain snarls are wracking Southeast Asia as manufacturers face worker shortages due t…