The latest positive news about the supply-chain issues that have slammed companies and the economy since early in the pandemic comes from the oil patch.
Wednesday, the oil-services firm
Baker Hughes
(ticker: BKR) reported 26 cents in third-quarter per-share earnings from $5.4 billion in sales. The bottom-line result was a hair better than the 25 cents Wall Street expected, while sales were in line with expectations, but management also said it may be past the worst in terms of the difficulties it faced earlier this year.
