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- Stock markets diverge as eurozone inflation drops further
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- Anger meets tear gas as Nigeria hardship protests fizzle out
- US dockworkers launch mass strike month before election
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- UAE oil giant ADNOC swoops on German chemicals firm Covestro
- Eurozone inflation falls under 2% for first time since 2021
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- Tokyo recovers some losses to lead Asian markets higher
- Rural schools empty in North Macedonia due to exodus
- US dockworkers launch strike after labor contract expires
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- Sheinbaum to take office as Mexico's first woman president
- Scientists fear underfunded Argentina research on verge of collapse
- US port officials gird for strike despite last-minute bargaining
- With 118 dead from Hurricane Helene, Biden defends US government response
- Breeder who tried to create enormous trophy sheep jailed in US
- Qatar Airways seeking 25% stake in Virgin Australia
- US port officials gird for strike as labor talks stay stuck
- As toll crosses 100, Trump puts Hurricane Helene at election center stage
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- China stocks soar on stimulus, but US and Europe retreat
- 100 dead in storm Helene damage, flooding across US southeast
- China stocks soar on stimulus, Europe slides on automaker woes
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- Nepal's urban poor count cost of 'nightmare' floods
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Harley-Davidson shares fall as it suspends plants for 2 weeks
Harley-Davidson suspended most assembly operations and shipments for two weeks due to an unspecified supply chain problem, the motorcycle maker announced Thursday.
Shares of the transport company tumbled following the announcement, which affects factories in Wisconsin and Pennsylvania.
The move does not affect operations of Harley's LiveWire electric motorcycle business, the company said.
"This decision, taken out of an abundance of caution, is based on information provided by a third-party supplier to Harley-Davidson late on Tuesday concerning a regulatory compliance matter relating to the supplier's component part," Harley-Davidson said.
A Harley spokesperson declined further comment.
The motorcycle maker has previously been among the many companies in transport to cite the shortage of semiconductors as a drag on operations, leading to leaner profit margins in the most recent quarter.
Shares fell about 10 percent to $32.22 in early-afternoon trading.
M.P.Jacobs--CPN