In this uncertain market, there must be a fundamental shift in how businesses seek to enhance their financial position while continuing digital transformation. Everything-as-a-service (XaaS) provides a way forward and should be a part of long-term strategy. Whether it’s software-as-a-services (SaaS), security-as-a-service (SECaaS) or hardware-as-a-service (HaaS), companies should be striving to diversify their revenue streams with […]
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Free-trade deals are legal agreements that the World Trade Organization defines as covering “substantially all trade” between countries, including a broad range of goods and, typically, services. They usually take years to negotiate and, in the United States, require the approval of Congress. Scott Lincicome, the director of general economics at the Cato Institute, said […]
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Strolling down the picturesque paths surrounding Felixstowe, a port town on the heath-speckled coast of southern England, it’s hard to imagine that such a peaceful-looking place has played host to events that disrupted the global logistics industry. The connected and interdependent nature of our modern economy means that when port workers in Felixstowe went on […]
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The Biden administration on Monday announced a wide crackdown on the labor exploitation of migrant children around the United States, including more aggressive investigations of companies benefiting from their work. The announcement came days after The New York Times published an investigation that revealed the growth of migrant child labor throughout the United States. Children, […]
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These operations would most likely be accompanied by cyber offensives to disrupt electricity, gas, water, transport, health care and other public services. China has demonstrated its capabilities already, including in Taiwan, where it has waged disinformation campaigns, and in serious hacking incidents in the United States. Mr. Xi himself has championed such subterfuge as a […]
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The current supply chain disruption is one of the many types of crises the marketplace has faced over the years. Even before COVID-induced challenges had cargo ships anchored off of ports across the globe and store shelves barely stocked, supply chain leaders have been in a race to keep up with changing consumer demands, a […]
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It was exactly a year ago, and the Ukrainian pet food maker Kormotech had concluded its annual meeting. The mood was buoyant. Business was booming, the factory was running 24/7, and sales were projected to grow by double digits. “We had a beautiful budget,” Rostyslav Vovk, the company’s chief executive and founder, recalled almost dreamily. […]
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Peter S. Goodman contributed reporting. The Daily is made by Lisa Tobin, Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Dave Shaw, Sydney Harper, Robert Jimison, Mike […]
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Check out all the on-demand sessions from the Intelligent Security Summit here. Many businesses struggle with demand forecasting. Whether you run a small business or a large enterprise, the challenge of predicting customer behavior and stock levels never gets easier. Even major organizations like Target and Walmart that are able to afford teams of data […]
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WASHINGTON — Inflation has slowed from its painful 2022 peak but remains uncomfortably rapid, data released Tuesday showed, and the forces pushing prices higher are proving stubborn in ways that could make it difficult to wrestle cost increases back to the Federal Reserve’s goal. The Consumer Price Index climbed by 6.4 percent in January compared […]
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Declines in new car prices are pushing down used electric vehicle prices, too. They have fallen 17 percent since July, according to Recurrent, which tracks the used car market. That’s largely because of Tesla cutting the price of the Model 3 and G.M. lowering the price of the Chevrolet Bolt by almost $6,000 last year. […]
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Political speeches, very much including State of the Union addresses, rarely make much difference. They can, however, be useful guides to the political landscape. President Biden was evidently feeling feisty on Tuesday. In particular, he kept baiting Republicans with the suggestion that a number of them are threatening Medicare and Social Security — which they […]
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Bill Chan had never set foot anywhere in Mexico, let alone the lonely stretch of desert in the north of the country where he abruptly decided to build a $300 million factory. But that seemed a trifling detail amid the pressure to adapt to a swiftly changing global economy. It was January 2022, and Mr. […]
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When a Covid-19 outbreak in China forced a lockdown of Apple’s largest iPhone factory in November, the world’s most valuable company warned investors that it would lose sales. The question was: How much? On Thursday, Apple reported that revenue fell 5 percent to $117.15 billion during the three months that ended in December, the company’s […]
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