Category: Business

Shopify offloads logistics business to Flexport

The brand of Shopify is seen exterior its headquarters in Ottawa, Ontario, Canada, Sept. 28, 2018. Chris Wattie | Reuters Shopify is promoting its logistics unit to provide chain know-how firm Flexport, the businesses introduced Thursday. The sale marks a reversal for Shopify, which had spent years constructing out its personal logistics and order-fulfillment operations. […]

A ‘cocktail’ of sticky inflation and a tight labor market boosts Bank of England rate hike bets

Andrew Bailey, Governor of the Financial institution of England, attends the Financial institution of England Financial Coverage Report Press Convention, on the Financial institution of England, London, Britain, February 2, 2023.  Pool | Reuters LONDON — A good labor market and relatively sluggish return to earth for inflation means the Financial institution of England is […]

AMC Networks names Kristin Dolan CEO

Founder and CEO of 605 Kristin Dolan participates in a keynote panel on the way forward for video at CES 2018 at Park Theater at Monte Carlo Resort and On line casino in Las Vegas on January 10, 2018 in Las Vegas, Nevada. Ethan Miller | Getty Pictures AMC Networks, the corporate that owns TV […]

Ford halts F-150 Lightning production due to possible battery issue

Ford employees produce the electrical F-150 Lightning pickup on Dec. 13, 2022 on the automaker’s Ford Rouge Electrical Automobile Middle (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused manufacturing and shipments of its electrical F-150 Lightning pickup resulting from a possible battery concern, the corporate mentioned Tuesday. Ford spokeswoman Emma Bergg declined […]

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