VF Corp takes a hit right in the supply chain
October 22, 2021
VF Corp. fell short of analysts’ expectations in the most recent quarter as the parent company of The North Face, Timberland and Vans was hurt by warehouse stoppages in Vietnam.
Recent News
New Nintendo Theme Park to Open in Orlando
It’s set to open in 2025.
Novo Noradisk Announces $6B Investment in Ozempic, Wegovy Amid Shortages
The money will help meet increased demand for the drugs.
EV Battery Tax Credit Rules Change in the US
The U.S. government has made some tweaks to electric vehicle (EV) tax credits, possibly paving the way for more EVs to qualify for credits of up to $7,500. These tax credits range from $3,750 to $7,500 for new EVs, with a $4,000 credit available for used ones.
Starbucks CEO Faces Challenges Amidst Stock Decline, Sales Drop
Laxman Narasimhan, CEO of Starbucks Corp. (SBUX), finds himself in a tough spot with plunging shares and declining sales, just a year into his tenure.