The global semiconductor chip shortage cost Volkswagen and Stellantis a combined 1.4 million vehicles in lost production in the third quarter, Europe's two biggest carmakers said on Thursday, though both reported some early signs of improvement.
New orders for U.S.-made capital goods increased to a record high in September and shipments surged, pointing to strong business spending on equipment, though stretched supply chains likely hampered overall economic growth in the third quarter.
New orders for U.S.-made capital goods increased to a record high in September and shipments surged, pointing to strong business spending on equipment, though stretched supply chains likely hampered overall economic growth in the third quarter.
New orders for U.S.-made capital goods increased to a record high in September and shipments surged, pointing to strong business spending on equipment, though stretched supply chains likely hampered overall economic growth in the third quarter.
Reckitt Benckiser Group beat analysts' estimates for third-quarter sales on Tuesday, benefiting from increased sales of cold and flu remedies and price hikes, prompting it to raise its full-year forecast. The Lysol cleaning products maker reported a surprise 3.3% rise in.