Apple supplier considers shifting more production to US over Trump tariffs: report
Major Apple suppliers have suggested that some production could be moved to the US and other countries to avoid the brunt of President Trump's 104% tariffs in China. Luxshare, a Chinese company that assembles the iPhone and creates Airpods, will rethink some planned investments in China as Trump's trade war unfolds, Chairman Wang Laichun said […]
Food supplier Cargill to cut 8,000 jobs globally
Food maker Cargill on Tuesday said it would cut about 8,000 jobs globally after falling crop prices squeezed profits at America's largest privately held company. The Minneapolis-based company, the world's largest agricultural trader, plans to cut its 164,000-person workforce by 5%. The majority of Cargill's job cuts will take place this year, the company's president […]
Fruit supplier SunFed Produce recalls cucumbers sold in 26 states over salmonella fears
A fruit supplier recalled cucumbers in at least 26 states and Canada after federal health regulators told the company there was a possible link between cucumbers and salmonella infections. Arizona-based Sunfed Produce announced on Thanksgiving that it would recall “all sizes of fresh American whole cucumbers packaged in bulk cardboard containers” bearing the company's label. […]
McDonald’s supplier recalls onions linked to deadly E. coli outbreak
McDonald's suppliers have recalled yellow onions produced at a Colorado factory following a deadly E. coli outbreak at the fast food chain. Taylor Farms, which supplies onions to McDonald's franchises that are the subject of a multi-state investigation by health officials, is removing the product “out of an abundance of caution” and as of Wednesday […]
Boeing supplier Spirit Aero to furlough employees amid strike
Spirit Aero Systems announced Boeing plans to furlough 700 employees for 21 days on Friday as the company's employee strike continues. Hourly direct, support and administrative employees at the company in Wichita, Kansas, will face a suspension of paid employment on October 28th. “Given the pressures from our customers, we are implementing additional cost containment […]
McDonald’s Fries Supplier to Shut Down Washington Plant, Lay Off 375 Workers as Fast Food Prices Soar
North America's largest french fry maker will close its Washington factory and lay off hundreds of workers, company officials announced in a recent earnings call. In an Oct. 1 article, Tom Warner, president and CEO of Lamb Weston Holdings, cited “sluggish” restaurant traffic and demand for frozen fries. press release Provides details of business failures […]
Major french fry supplier slashes jobs
Anthony Chan, former chief economist at JPMorgan Chase & Co., said lowering prices will be a “first-day priority” even though he is already president of Barney & Co. Responding to Kamala Harris. A major french fry supplier is cutting jobs as customers continue to count their pennies as prices soar at fast-food chains. Lamb Weston, […]
McDonald’s french fries supplier suddenly shutters factory, slashes jobs in alarming move
A major supplier of McDonald's french fries is cutting jobs as cash-strapped customers shun the fast-food industry due to soaring prices. Last week, Lamb Weston, North America's largest french fry maker, announced it would cut 4% of its global workforce and scale back production lines following a dismal financial report. As first reported by CNN. […]
Water Supplier American Water Works Says It Was Hit By Cyberattack
(Photo by Patrick Lux/Getty Images) OAN Staff James Myers11:02am – Monday, October 7, 2024 American Water Works on Monday reported an unspecified cyberattack on its IT systems, which provide drinking water and wastewater services to more than 14 million people. advertisement The New Jersey-based company became aware of the hack on Thursday and took the […]
Terrorist weapons supplier killed in Lebanon strike, Israel reports | LiveNOW from FOX
An Israeli strike in Lebanon eliminated Ayman Ratma, a man believed to be a weapons supplier for Hamas and other terrorist … source