Latest News Updates From Richard Clough

Business

Elon Musk Named Time’s Person of the Year

Elon Musk was named Time magazine’s “Person of the Year,†capping a run during which the head of Tesla Inc. solidified his standing as the world’s richest person and turned his onetime electric vehicle startup into a $1 trillion company.

December 13, 2021
BusinessEquipmentLogistics

°®¶¹´«Ã½ Depot Reunites With HD Supply in Deal Catering to Pros

°®¶¹´«Ã½ Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart.

November 16, 2020
GovernmentBusiness

Port of Los Angeles Sees Coronavirus Drag Through Most of 2020

The shipping industry will remain volatile for most of 2020 as the coronavirus outbreak in China upends the global supply chain, said the head of the largest U.S. container port.

February 25, 2020
BusinessLogistics

As Economy Heats Up, Truck Driver Shortage Burns More Companies

A strengthening economy has its downsides. Just ask United Natural Foods Inc.

June 8, 2018
BusinessTechnology

GE Buys Software Company to Bolster Rail-Industry Supply Chain

General Electric Co. agreed to buy ShipXpress Inc., a cloud-based software firm, to bolster its supply chain offerings for railroad customers.

August 30, 2016