As cases of the COVID-19 delta variant appear to have peaked, Dr. Todd Ellerin, chief of infectious diseases at South Shore Health, explains why he isn't concerned right now about a newly discovered variant called "mu."
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As retailers gear up for the holiday season, a record number of container ships trying to bring imported goods into the US are stuck off the coast of California, another casualty of ongoing disruptions to the global supply chain. Sixty-five vessels were waiting to dock at the ports of Los Angeles and Long Beach in the San Pedro Bay Sept. 16, according to the Marine Exchange of Southern California, a record high. Captain Kip Louttit of the Marine Exchange told Quartz that an unprecedented 23 of these ships are in a drift area—meaning there is no room for them to anchor in the water.
(Bloomberg) -- Iron ore fell below $100 a metric ton for the first time in 14 months as China’s moves to clean up its heavy-polluting industrial sector drive down demand for the steel.Futures prices sank to as low as $99.50 on the Singapore Exchange and wavered around $100 through the overnight trading session, which is daytime trading hours in the U.S. Iron ore has plunged more than 55% since peaking in May as the world’s biggest steelmaker intensifies production curbs to meet a target for lowe
As many frugal fans know, Nintendo is notoriously tight-fisted when it comes to offering discounts on its first-party franchises and consoles. Nintendo game deals are surprisingly rare, and we haven’t seen a price cut on the Nintendo Switch since it came out in March 2017. While the company has its reasons for keeping its prices static, you may not know about …
Much has ground to a halt during the coronavirus pandemic, but not the march of Sino-Congolese friendship. Or so the Chinese embassy in Kinshasha is keen to show, amid growing scrutiny of Beijing's activities in the mineral-rich nation.
Investors say Apna found the right balance between product and market, focused on the tech, and built the right narrative.
- The Telegraph
Russia has been accused of increasing gas prices in a bid to undermine Britain and the EU’s economic recovery from the Covid-19 pandemic.
- Washington Post
Fast-food restaurants have a problem: Customers are returning but workers aren't. And, increasingly, neither are their dining rooms.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. A labor squeeze is transforming an industry that has been an enduring and at times controversial symbol of American capitalism. For many fast food workers, the coronavirus pandemic opened new and better-paying alternatives to the demands of hot grills and d
When Ford Motor Co built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom - the next China. Last week, Ford took a $2 billion hit https://reut.rs/3nFLvnF to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country. Among foreigners that remain, Japan's Nissan Motor Co Ltd and even Germany's Volkswagen AG - the world's biggest automaker by sales - each hold less than 1% of a car market once forecast to be the third-largest by 2020, after China and the United States, with annual sales of 5 million.
- Chicago Tribune
Chicago gas station owners say city inspectors shutting them down for minor violations and ‘racist reasons’
Multiple gas station and convenience store owners across Chicago are calling on the City Council to investigate what they allege are mass shutdowns of their businesses as part of Mayor Lori Lightfoot’s strategy to reduce violence. At a news conference earlier this week, about 15 owners gathered at the shuttered Falcon Fuel station in the Wrightwood neighborhood on the South Side. They alleged ...
- Business Insider
A Florida BBQ restaurant shut down after being left with just 4 employees. 'No one wants to work,' its owner said.
Bubbalou's Bodacious Bar-B-Que said it paid good wages but simply could not find enough staff to keep its Winter Park, Florida, restaurant open.
- Washington Examiner
All facets affected, including marine vessels, trucking, warehousing, and rail.
Grocery Store Shortages Comparable to 2020 — Are You Prepared for Lack of Supply During the Holidays?
While it's still unclear whether the Delta variant will put a damper on holiday celebrations, according to the Wall Street Journal, some executives are preparing for U.S. consumers to have larger...
- E! News
After being sued for $25 million, Erika Jayne was spotted shopping at T.J. Maxx this week, prompting some to criticize her bargain-hunting. However, Erika clarified, "I shopped there for years."
- Motley Fool
Growth stocks tend to be volatile investments, and the market often overreacts to both their good and bad news. On the bright side, that occasionally creates buying opportunities for long-term investors.
- The Telegraph
The Duke of York has suffered an early setback in his US sex assault case after a judge refused to unseal a document that could invalidate the damages claim.
Citing supply chain challenges, IHS said it was cutting its light vehicle production forecast by 6.2% for 2021 and 9.3% for 2022, to stand at 75.8 million units and 82.6 million units, respectively. Packaging and testing operations within the semiconductor sector in Malaysia were impacted due to the government's lockdown measures in early June, IHS said, compounding difficulties in an already constrained supply chain. Automakers from General Motors to Japan's Toyota have slashed output and sales forecasts due to scarce chip supplies, made worse by a COVID-19 resurgence in key Asian semiconductor production hubs.
(Bloomberg) -- Amazon.com Inc., Microsoft Corp. and Cisco Systems Inc. are among technology giants lining up to harness data from India’s farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry.Prime Minister Narendra Modi’s administration, which is seeking to ensure food security in the world’s second-most populous nation, has signed preliminary agreements with the three U.S. titans and a slew of local businesses starting April to share
- FX Empire
General Motors has extended downtime at several assemblies as the global microchip shortage continues to affect the company’s vehicle manufacturing process negatively.
- Yahoo Money
An expert told Yahoo Money what people should know about Social Security to help their retirement plans.
- Washington Post
After her husband was infected with the coronavirus and entered an intensive care unit this month, Angela Underwood pushed the Louisville hospital that was treating him to administer ivermectin, the deworming drug some people have used to treat or prevent covid-19 in recent months. She sued Norton Brownsboro Hospital after it allegedly refused to administer the treatment to Lonnie Underwood, 58, without a court order and supervision by a doctor with the authority to do so.Subscribe to The Post M