- Chipper: Good news re: your back-ordered laptop. Last week Intel said it was buying Israeli chip maker Tower for $5.4B to boost production. Chip and EV giants have pledged billions to revamp US manufacturing.
- Ripe: Avocados are about to cost more green: avo prices are rising after the US banned imports from Mexico when a US food inspector was threatened amid cartel chaos. Mexico supplies 80% of the US’s avocados.
- Burbs: Auntie Anne’s for lunch: Sales at Simon Property Group, the largest mall owner in the US, have surpassed pre-pandemic levels. But retail in cities isn’t seeing the same rebound.
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