After a challenging 2020, local businesses are hopeful that a strong finish to this year will continue in 2022.
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WASHINGTON (Reuters) -The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 concerns. The suspensions will begin on Jan. 30 with Xiamen Airlines’ scheduled Los Angeles-to-Xiamen flight and run through March 29, the Transportation Department said. The decision will cut some flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines.
PARIS (Reuters) -Qatar Airways took a spiralling $4 million-a-day dispute with Europe's Airbus to social media on Friday, publishing a video https://www.youtube.com/watch?v=mKN0SpWeILo&feature=youtu.be of the scarred exterior of grounded A350 jets that the airline said underscored "serious and legitimate safety concerns." The two companies have been locked for months in a dispute over deterioration to paint and anti-lightning protection on the long-haul jets, which Airbus has acknowledged needs attention while insisting it does not put safety at risk. Qatar Airways hit back with the first official images of jets grounded by its national regulator in a bid to keep the spotlight on technical matters after Airbus accused the state-owned airline of engineering the dispute to obtain compensation.
Corporations are trying to decide whether to proceed with vaccine mandates following the Supreme Court decision. Starbuck and others have dropped theirs.
- Miami Herald
Venezuela has doubled its oil production in recent months thanks to Iran and other players that are helping it evade U.S. sanctions, but the country’s industry is now running near the top of its capacity and it is unlikely it could go much higher than current output levels, according to industry analysts.
- Lexington Herald-Leader
OpEd: I’m beginning to think that maybe it’s not the workers who are at fault here.
Some former Emirates employees say officers known internally as 'weight police' monitor and punish cabin-crew members deemed too heavy
Some former Emirates staff say image is crucial to the airline and that there's an internal group of officers ensuring workers meet its standards.
(Bloomberg) -- Wholesale U.S. prices for fertilizer are dropping, and that could signal easing food-cost pressures and relief for farmers getting set for spring planting.Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market Value‘Lethal’ U.S. Military Aid Begins Arriving in UkraineBitcoin Has Lost Half Its Value Since Hitting Record HighBitcoin Chart Hints at Possible Floor for SlideTech Leads Stocks to Worst Week Since March 2020: Markets WrapCornbelt urea prices fell 8.2%
"I didn't get a pay raise, promotion, or even a pat on the back."View Entire Post ›
Chinese woman told by Lowe's customer to go back to her country is scolded by store employee for filming
A Lowe’s in Illinois has come under fire after a Chinese woman and Springfield resident claims another customer told her to go back to her country. Xuna Hu says she was shopping for two fire pits when the other customer tried to get Hu to hand over one of the pits, leading up to the alleged racist encounter at a Lowe’s branch on Wabash Avenue on Jan. 17. "I was like alright, I’ll just give you one then,” Hu told WICS Channel 20.
Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic. "The shortage of skilled workers has become so serious by now that it is dramatically slowing down our economy," Christian Duerr, parliamentary leader of the co-governing Free Democrats (FDP), told business magazine WirtschaftsWoche. "We can only get the problem of an ageing workforce under control with a modern immigration policy... We have to reach the mark of 400,000 skilled workers from abroad as quickly as possible," Duerr added.
- Robb Report
We'll find out for certain on February 1.
"I refused to come in on my scheduled days off. They said my work ethic was lacking."View Entire Post ›
Oil has been rallying to start the year, with no shortage of bullish factors working to lift prices to their highest levels in more than seven years, raising expectations that the per-barrel cost of the commodity will soon reach $100.
- Corpus Christi Caller-Times
Subsidiaries for a major pipeline company are threatening to cut off natural gas to the state’s largest power generator.
- American City Business Journals
The plant's ethane steam cracker, with a capacity to produce 1.8 million metric tons per year of ethylene, is designed to be largest in the world.
As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage, Intel is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of Columbus, Ohio, the company exclusively confirmed to TIME. The chip maker says it will build at least two semiconductor fabrication plants, or fabs, on the 1,000-acre site, where Intel will research, develop, and manufacture its most cutting-edge computer chips, employing at least 3,000 people. Intel’s announcement is the largest private-sector investment in Ohio history and a bright spot in what has been a dismal few decades for manufacturing in Ohio and the Midwest.
- Motley Fool
Coronavirus stock Novavax (NASDAQ: NVAX) was a bit sickly on Thursday. The latest development comes from over the Pacific Ocean, specifically Australia. After market hours on Wednesday, Novavax announced that the nation's Therapeutic Goods Administration (TGA) has approved the provisional registration of NVX-CoV2373.
- The Columbus Dispatch
The state won't say what the event is about, but The Columbus Dispatch has reported Intel has picked Licking County for a $20 billion chip factory.
- South China Morning Post
Hong Kong's banking talent shortage worsened by zero-Covid rules must be urgently addressed, industry association says
Hong Kong's banks face a severe talent shortage, as stringent quarantine and travel rules in a relentless pursuit of the city's zero-Covid policy have deterred visitors and cut off the supply of skilled labour for boosting the local workforce. The shortage has worsened over the course of the last year, as the government's zero-Covid rules - from 21-day quarantines to school breaks and lockdowns - have begun to grind on many expatriate staff after two years, according to the Hong Kong Association
- American City Business Journals
The space company has 4,000 employees nationwide but none in Colorado right now. The brewery is considering expansion in Texas instead of locally.