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Longtime Wesco leader to manage the company's communications and security solutions unit, succeeding William Geary.
In a public letter to Amazon employees, Andy Jassy said the company plans to gradually reduce its workforce as it expands the use of generative AI to automate tasks and reshape operations.
U.S. cutting tool consumption rose modestly in April but remains down year-over-year, as market uncertainty and tariff issues continue to delay expected industry growth.
It was the third straight meeting in which the central bank held its benchmark interest rate, while going more conservative in its projection for 2026.
GMS reported lower fourth-quarter results amid soft market conditions, with strength in Ceilings and Complementary Products more than offset by declines in Wallboard and Steel.
Heritage Pool Supply Group appointed a new president with over 30 years of industry experience to lead its growth and strategic direction.
AD appointed a seasoned industry leader as SVP of Supply Relations for its IESD, bringing channel expertise to strengthen supplier and member growth.
BlackHawk Industrial named a new CFO, emphasizing the company’s continued investment in leadership to drive financial performance and service.
Teamsters Local 79 said over 160 drivers at Breakthru Beverage locations in Florida went on strike after the company allegedly "fired workers involved in union activity."
Warshauer Electrical is a provider of technical services and products, including switchgears, engineering and design support, generator sales and rentals and more.