Automation - Truenewj

Nike to cut 775 US warehouse jobs to boost automation: report

amefika4 months ago03 mins

Nike plans to eliminate 775 positions at its distribution centers in Tennessee and Mississippi, US, as it looks to improve profitability and expand automation, according to a report on Reuters. The cuts will largely affect warehouse jobs at the sportswear group’s facilities in the two states. The move comes after a series of staff reductions…

Up 12% So Far In 2026, Should You Buy Honeywell Stock?

amefika5 months ago04 mins

Industrial giant Honeywell International (HON) has moved into 2026 with momentum, fueling investor enthusiasm with a bold strategic reset. The industrial titan is preparing for the long-awaited initial public offering (IPO) of its majority-owned quantum computing division, Quantinuum. It’s a move that comes as companies race to scale quantum computing to make breakthroughs in areas…