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2 mins read
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…
Tom Carter
1 min read
McDonald's supplier recalls onions and tells a burrito chain to stop using the ingredient
Taylor Farms recalled some yellow onions, citing potential E. coli contamination. The company is a …
Alex Bitter
2 mins read
TikTok's next big move: Helping creators launch product lines by connecting them with suppliers
TikTok has begun connecting manufacturers directly with creators to make custom goods to sell on Sh…
Dan Whateley
3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
2 mins read
Shein found two cases of child labor at its suppliers last year
The company suspended the suppliers for 30 days and terminated contracts with the underage workers.
Shubhangi Goel
2 mins read
A grocery tycoon turned Walmart robotics supplier is one of this year's biggest wealth losers after $9 billion wipeout
Symbotic CEO Rick Cohen has suffered a huge slide in his net worth this year amid an investor backl…
Theron Mohamed
3 mins read
Logan Paul's Prime supplier is suing the energy drink company for $68 million, accusing it of cutting ties as demand cratered
YouTuber Logan Paul's Prime energy drink supplier is suing Prime for $68 million, accusing it of br…
Madeline Berg
3 mins read
Dozens of angry Chinese suppliers swarmed Temu's office, saying they're tired of giving Westerners refunds without returns
Small merchants in China have been holding rallies this month to protest Temu's fines and refund po…
Matthew Loh
2 mins read
Ford begs suppliers to help stem EV losses: 'We will all win or lose together'
Ford is soliciting manufacturing money-saving ideas for its electric vehicles in a new memo sent th…
Nora Naughton
3 mins read
Nvidia is making a ton of money. Now, main supplier TSMC may charge Jensen Huang more for chips.
Nvidia CEO Huang said raising prices was "consistent" with the value TSMC delivered.
Huileng Tan
2 mins read
A major ammo supplier to Ukraine says poor quality parts are impacting half the shells it's trying to deliver
A major manufacturer of ammunition for Ukraine described quality issues and soaring prices to the F…
Mia Jankowicz
3 mins read
Tesla needs China to survive, but it doesn't want suppliers to make everything there in case of supply chain snarls: report
Supply chain executives told Nikkei Asia that the EV giant wanted to avoid disruptions due to geopo…
Kwan Wei Kevin Tan
2 mins read
A Tesla supplier says Elon Musk's Supercharger layoffs were 'a sharp kick in the pants'
The Information reported late Monday that Musk is laying off around 500 employees on its Supercharg…
Tom Carter
2 mins read
A whistleblower at Boeing's supplier said he 'almost grew a fear of flying' from working 12 years there
Santiago Paredes was a quality manager at Spirit Aerosystems for 12 years, carrying out final inspe…
Matthew Loh
3 mins read
A Tesla supplier says it's still in limbo 2 weeks after Elon Musk fired the entire Supercharger team
Elon Musk abruptly fired the team running Tesla's electric vehicle charging business at the end of …
Tom Carter
1 min read
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
2 mins read
A whistleblower who accused a Boeing supplier of turning a blind eye to defects has died after a sudden illness: reports
Joshua Dean accused the Boeing supplier Spirit AeroSystems of ignoring manufacturing defects in the…
Kwan Wei Kevin Tan
2 mins read
The FAA found staff at Boeing's supplier using liquid Dawn soap as lubricant for a 737 Max door seal: NYT
Spirit AeroSystems mechanics then used a wet cheesecloth to clean up the soap after installing the …
Matthew Loh
2 mins read
Foxconn commits to double employment, investments in India
iPhone-maker Apple's supplier Foxconn has committed to doubling employment, investments and busines…
PTI
2 mins read
A Boeing supplier says it tried using Vaseline, cornstarch, and talcum powder to lubricate a door seal before settling on Dawn dish soap: NYT
"This is actually an innovative approach to solving for an efficient shop aid," said a spokesperson…