By Yimou Lee and Ben BlanchardTAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it is doing all it can to increase productivity and alleviate a worldwide chip shortage, but that tight supplies will likely continue into next year.The world's biggest contract chipmaker said it is expanding capacity and working to keep pricing…
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Amazon (AMZN) has apparently clinched victory against a union drive at its warehouse in Alabama, The New York Times reported on Friday, noting that 1,608 votes had come in against the union and 696 in favor. While hundreds of votes haven't been counted, The Times noted that there were not enough votes to secure a…
President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images hide caption toggle caption Brendan Smialowski/AFP via Getty Images President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images President Biden's infrastructure train is leaving…
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U.S. stock futures ticked down as investors sold down government bonds and richly valued technology stocks that had powered higher in a low-yield environment. Futures tied to the S&P 500 edged 0.3% lower, indicating that the broad market gauge could post a muted drop after the New York opening bell. Dow Jones Industrial Average futures…
SUEZ, Egypt — The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.It was unclear when the vessel would be fully set free but the progress raised hopes the crucial…
Exchange offices in Istanbul, Turkey seen on October 28, 2020. Due to the increase in exchange rates and the economic instability, people change currency and buy Turkish lira.Erhan Demirtas | NurPhoto via Getty ImagesTurkey's lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country's central bank chief — the third to…
(CNN)Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain's Facebook page. He was 65."Our community and the restaurant industry lost a legend and the Taylor family lost a wonderful son, father and grandad this week," said a joint statement from Taylor's family and Texas Roadhouse sent to…
Please NoteThe Washington Post is providing this important information about the coronavirus for free. For more free coverage of the coronavirus pandemic, sign up for our Coronavirus Updates newsletter where all stories are free to read.Global distribution of the AstraZeneca coronavirus vaccine remains undisturbed by the shot’s suspension in much of Europe following reports of…