The onset of the pandemic reduced the global flow of goods. But when demand suddenly snapped back, supply chains proved less resilient.
SunPower Idles Production as Virus Hits Demand
The company is taking steps to address the impact of the COVID-19 pandemic and "position itself well for when the solar industry returns to strong growth.”
Target Shares Drop 7.6% on Comp Sales Miss
Same-store sales gained 1.2% in Q1, missing analysts' estimates, and Target is expecting growth to be flat or lower in coming months.
Europe’s Slowdown Won’t Halt U.S. Growth: Economists
A rise in U.S. payrolls and progress toward Greece’s debt restructuring brighten prospects for 2012.