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December 7, 2025
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March 31, 2022

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China manufacturing weakens as anti-virus controls tighten

The Cheap Investor4 years ago4 years ago01 mins

BEIJING (AP) — China’s manufacturing activity fell to a five-month low in March after most of Shanghai and two other industrial centers were shut down to fight coronavirus outbreaks, a survey showed Thursday. The monthly purchasing managers’ index of the Chinese statistics agency and an industry group, the China Federation of Logistics and Purchasing, fell…

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Amazon staff reject union in Alabama, lean toward it in NYC

The Cheap Investor4 years ago4 years ago06 mins

NEW YORK (AP) — Amazon workers in Alabama appear to have rejected a union bid in a tight race, according to early results on Thursday. But outstanding challenged votes could change the outcome. In New York, union supporters have the edge in a count that will continue Friday morning. Warehouse workers in Bessemer, Alabama, voted…

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Apple Mulls More Memory Chip Suppliers, Including China - Bloomberg News
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Apple Mulls More Memory Chip Suppliers, Including China – Bloomberg News

The Cheap Investor4 years ago01 mins

(Reuters) – Apple Inc is exploring new suppliers for memory chips used in its iPhones, including a potentially first Chinese supplier, after a key Japanese partner had an output disruption, Bloomberg News reported on Wednesday, citing sources. Japan-based Kioxia Holdings Corp — a key supplier of flash memory chips to Apple — had reported a…

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