Even though Mexico’s manufacturing costs are as much as 30 percent higher than China’s for Returnity, the absence of tariffs and the speed of trucks give its customers a rarity in today’s disorderly arena of global commerce: more certainty about...
Apple Inc. is among the corporate giants leasing space inside the largest brick building in Europe, which generated power for 48 years after its opening in 1935. The iPhone maker will become the power station’s largest tenant, with 1,400 employees...
While property damage from the storm is already second only to Katrina, the impact to business operations and cargo movement may double or triple total losses. However, logistics providers are getting better at minimizing the scale of disruption.
Lower energy costs, supply chain issues and political volatility are some of the issues behind European companies’ decisions to open new manufacturing plants in the United States.
Some 27 percent of respondents in a survey of 2,250 workers by the consultancy KPMG said they would prefer to work fully in-person. That’s more than the percentage who said they wanted to work fully remote. What’s more, 23 percent of respondents...
The latest wave of automation is building on advances in artificial intelligence and machine-learning that allow computers to perform tasks like speech recognition, and make some of the decisions that used to be reserved for employees. With wages...
Retail stores that have traditionally only been seen in malls are now moving out and finding new opportunities to establish standalone storefronts, and vice versa.
The Direxion Work From Home exchange-traded fund (ticker WFH), the largest with $37 million in assets, has plunged 44% over the past year and hasn’t seen an inflow since November 2021.
The shifts imply that companies’ efforts to get workers to come back to the office for at least part of the week after the US Labor Day holiday are having their intended effect. Subway usage reached 3.76 million on Tuesday, the most since the...
