Daily Business Briefing June 1, 2021Updated June 1, 2021, 4:53 p.m. ET A JBS plant in Minnesota. About 25 plants canceled shifts scheduled for Monday, with some of them citing “server problems.”Credit…Bing Guan/Reuters The White House on Tuesday said that a breach at JBS, the world’s largest meat processor, was a ransomware attack, as some […]
In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In Time manufacturing, in which parts are delivered to factories right as they are required, minimizing the need to stockpile them. Over the last half-century, this […]
NEW DELHI — The Indian capital, which just weeks ago suffered the devastating force of the coronavirus, with tens of thousands of new infections daily and funeral pyres that burned day and night, is taking its first steps back toward normalcy. Officials on Monday reopened manufacturing and construction activity, allowing workers in those industries to […]
Recent years have not been kind to Harley-Davidson. Its sales have sagged, its core customers have aged, and its push toward the electric future, while newly serious, has underwhelmed so far. In 2019, the last full year unaffected by the coronavirus, Harley shipped 218,000 motorcycles, earning $424 million in net income on $5.36 billion in […]
The music should be pumping and the burgers and jerk chicken wings flying out of the kitchen this holiday weekend at the Rambler Kitchen and Tap in the North Center neighborhood of Chicago. To wash it down, patrons might go with a mixed drink or one of the 20 craft beers the bar sells. But […]
A few weeks after receiving the second dose of a coronavirus vaccine, Debora Lima returned to an old routine: She pulled out her phone and requested an Uber ride so she could meet friends for dinner. But instead of getting a ride within five minutes as she had expected, Uber surprised Ms. Lima with a […]
Foster Friess, a Wyoming businessman who founded an investment firm, made a fortune and gave a lot of it away to Republican presidential candidates and charities, sometimes with flair, died on Thursday in Scottsdale, Ariz. He was 81. His organization, Foster’s Outriders, which confirmed the death, said he had been receiving care at the Mayo […]
A few years ago, Bud Kling had three rooms added to his house in the Pacific Palisades in California. The builders used extra concrete along with a reinforcing metal beam — and not because Mr. Kling was expecting a crowd. The rooms weren’t for people. They were designed to house and showcase his 30,000-strong collection […]
Early last year, Mr. Penner left Jana with ambitions of setting up his own fund. But as the pandemic hit, he held talks to join Mr. James’s nascent firm — and brought with him an ambitious idea he had been weighing for some time: Exxon. The $250 billion behemoth was ripe for disruption, the two […]
Since March of last year, cruise ships carrying more than 250 people have been prohibited by the Centers for Disease Control and Prevention from sailing in U.S. waters. To start again, they need to follow a complex process that, in some cases, involves simulated cruises designed to test Covid-19 protocols. Hundreds of thousands of frustrated […]
