Monthly Archives: February 2022

Target is raising its starting salary for some jobs to $24 an hour

The Minneapolis-based retailer said the increase will apply to hourly workers at its discount stores, supply chain facilities and corporate headquarters. Target in 2020 set its minimum wage at $15. That will remain in place, but Target said some workers will be eligible for a higher starting salary based on …

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Supply chain shortages weigh on UK car production in January

But the EV surge illuminates production prospects… LONDON – UK car production fell 20.1% to 68,790 units last month, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) on February 25. This is the lowest January total since 2009, when the industry manufactured a total of …

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Expert reveals 2 small-cap ASX stocks for jobs boom

The past two years have been nothing short of a phenomenon. Amid COVID-19, inflationary pressures, supply chain issues, threats of interest rate hikes – and, now, geopolitical conflict in Europe – the Australian economy always it looks like it will grow in the years to come. The unemployment rate is …

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US military to 3D print its way out of supply chain issues

3D printers owned by Marine Air Logistics Squadron 36 print mask frames and face shields for use … [+] in the fight against COVID-19. U.S. Marine Corps photo by Lance Cpl. Madeleine Jones Maintaining mission-critical supply chains is nothing new in military operations. But when contract manufacturing partners struggle to …

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The Intel project is thanks to DeWine, Husted | News, Sports, Jobs

MR. EDITOR: It was an honor to witness the announcement a few weeks ago that Intel would build a $20 billion semiconductor plant in Ohio. Winning the largest economic development project in Ohio’s history didn’t happen by chance. Ohio won this project thanks to the unwavering, pro-business leadership …

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The supply chain’s latest casualty? Your Favorite Beer Six-Pack | Business

BROOKS JOHNSON Minneapolis Star Tribune The cost of making beer is skyrocketing. The price to buy it is catching up. So far, brewers have largely absorbed inflated spending on their ingredients, including barley, aluminum cans, cardboard and trucking. But with high costs lingering longer than many had hoped, brewers are …

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Short supplies | News, Sports, Jobs

When we lived in Lithuania and Germany, sometimes unexpected items appeared on grocery store shelves. These items were not necessarily unusual in the United States, but may be rare or even unavailable in some countries. For example, in Germany peanuts, walnuts and hazelnuts were common, but pecans were …

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Taiwan says Ukraine won’t have serious impact on chip supply chain

February 26, 2022 Taipei has decided to reassure manufacturing chiefs that its semiconductor production lines will not be affected by the Russian invasion of Ukraine The Taiwanese government said on Saturday that the war in Ukraine will have little impact on the supply of key raw materials for semiconductors. Taiwan …

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New owners running West Maui Sports and Fishing Supply | News, Sports, Jobs

Doug and Joanne Stacy owned and operated West Maui Sports and Fishing Supply for 30 years in Lahaina. LAHAINA — After serving the West Maui community for more than 30 years, West Maui Sports and Fishing Supply owner-operator Doug Stacy will hand over the day-to-day operations …

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Strengthening Semiconductor Supply Chain Bills

~~Governors Urge Swift Action to Reconcile Helpful Semiconductor Production Incentives for America (CHIPS) Act~~ TOPEKA – Governor Laura Kelly announced today that she has joined a bipartisan coalition of governors across the country urging congressional leaders to quickly reconcile two bills. A speedy reconciliation would bring the United States Advantageous …

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Blood supply shortage sparks debate over whether donation guidelines impacting men who have sex with men should change

DUBUQUE, Iowa (KCRG) – An ongoing blood shortage in the United States has sparked a debate over whether it’s time to change donation guidelines to allow more people to be able to donate blood. The rule in question is the one that says men who have sex with men must …

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driver from Alpena will take part in the people’s convoy | News, Sports, Jobs

News photo by Steve Schulwitz Travis Konarzewski, owner of C&S Carriers, poses next to the American flag displayed on one of his trucks. Konarzewski and other area truckers will join the people’s convoy in Washington to protest the government mandates. ALPENA – C&S Carriers owner …

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Ukraine Invasion Will Impact Supply Chain, Raise Prices – Boston News, Sports, Weather, Traffic and Boston’s Best

Massachusetts residents worry about family members living in UkraineWBZ-TV’s Beth Germano reports. 11 minutes ago Invasion of Ukraine will impact supply chain and increase pricesExperts say supply shortages are likely to hit the Middle East and Europe first, squeezing global supplies. Reporting by Christina Hager of WBZ-TV. 17 minutes ago …

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USDA announces funding to expand food processing options and strengthen supply chain

The United States Department of Agriculture recently announced its commitment of $215 million in grants and other support to expand meat and poultry processing options and strengthen America’s food supply chain. USDA Secretary Tom Vilsack announced today that the $215 million will help improve the supply chain by creating projects …

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Supply shortage issues? Discover how your CX plan can satisfy your customers

PHOTO: John Cameron on Unsplash A recent New York Times article predicted that the supply chain problems are unlikely to be resolved before the end of the year because there are not enough ships, warehouses or truckers to alleviate many pain points. High demand and labor shortages continue to tangle …

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Data eraser hits Ukrainian computers; edtech companies guarantee jobs

Hours before Russian President Vladimir Putin launched an invasion of Ukraine on Thursday morning, destructive software had already begun destroying the country’s digital infrastructure, erasing data from hundreds of infected computers. The attack, which Russia has denied carrying out, had likely been in the works for a few months, according …

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Supply shortage causing dialysis treatment centers to ration supplies

BALTIMORE — For the first time in the 50-year history of Medicare’s end-stage kidney disease program, there has been a drop in the number of patients on dialysis. And it’s not because of medical breakthroughs. According to the National Kidney Foundation, this is due to higher death rates from COVID-19, …

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Ongoing Supply Chain Issues Concern Montana Farm Equipment Dealers

Like other segments of the U.S. economy, farm equipment dealers have been impacted by supply chain disruptions caused by COVID. During the MATE Show in Billings, C&B Operation’s Tim Schulz said these disruptions include everything from parts to new equipment. “Overall, it probably has a bigger effect on new product …

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Shortage of supplies is pushing schools to improvise lunch menus

Davis County School District Nutrition Services officials keep a running count of missing supplies and foods. This is how staff get a clear picture of menu plans that will need quick changes. The director here for Davis County, Natalie Bradford, says that means a lot of added stress because plans …

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Wall Street losses rise amid simmering Ukraine crisis | News, Sports, Jobs

The Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in January in the Financial District. Shares oscillated between small gains and losses in morning trading on Wall Street today as the crisis in Ukraine remains tense. (AP Photo/Mary Altaffer, …

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Car prices rise as supply shortage continues

MEMPHIS, Tenn. (WMC) – Buying a car has become much more expensive. The price increase starts long before the cars hit the field. It all goes back to a microchip shortage that started two years ago. Today, production has slowed even further due to supply chain issues that began in …

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Why do you need a circular supply chain plan

The pandemic, natural disasters and other external factors are driving many business leaders to rebalance their global supply chains. The desire for more control and the growing need for environmental, social and governance (ESG) programs have rapidly moved a circular supply chain from “nice to have” to a strategic corporate …

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Biden’s full plate: Ukraine, inflation, low public approval | News, Sports, Jobs

President Joe Biden speaks in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex, Tuesday, Feb. 22, 2022, in Washington. (AP Photo/Alex Brandon) On the same day President Joe Biden called out Russia and handed down tough sanctions for his …

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Biden announces new investments in mineral production to address supply chain shortages

The investments, which are the administration’s latest step to address lingering supply chain issues that have plagued Biden since taking office, come a year after he signed an executive order ordering a comprehensive review of supply chain vulnerabilities. “Today we are announcing a major investment in the domestic production of …

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Even with the car shortage, no one wants an Alfa Romeo

Picture: Stellantide Everyone knows it’s a bad time to buy anything, new or used. Except for an Alfa Romeo, because it’s always a good time to buy an Alfa Romeo. A few brands are still seeing average transaction prices below MSRP, even in this climate, and wouldn’t you know? The …

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Almac Group company recruits for Derry base with 20 new jobs on offer

The new positions are in the company’s information systems, clinical services and clinical technology teams. They cover a mix of project management, software engineering, clinical supply and design management positions at all levels. Pharmaceutical industry experience is not an essential requirement for these roles as comprehensive on-the-job training is provided. …

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What Counterfeit Masks Taught Us About Supply Chain Visibility | 2022-02-22

Since the start of the COVID-19 pandemic, bad actors have taken advantage of mask shortages and misinformation to sell inferior products. Nearly 60% of N95 and KN95 masks sold in the United States are counterfeits – according to the Centers for Disease Control and Prevention – and do not meet …

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3 Ways Supply Chain Shortages Are Costing Roku

Roku ( ROKU -22.29% ) released its fourth quarter and full year 2021 results after markets closed on Thursday, February 17. The findings highlighted Roku’s ongoing issues with supply chain shortages caused by the pandemic. Effects hurt Roku in more ways than one. Here are three ways supply chain shortages …

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Supply Shortage: Finding Land for Industrial Development in Daviess County is Difficult | News

IIf Ford Motor Co. could have purchased the property it wanted in Daviess County in 1956, the world’s largest automotive glass plant could have been a major employer for decades. But Ford couldn’t find enough land locally at the prices he wanted to pay. So in 1958, Ford opened the …

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Business Briefs and People on the Move | News, Sports, Jobs

Business Briefs MERCY HEALTH WINS NATIONAL AWARD: Mercy Health, part of Bon Secours Mercy Health, has been named the recipient of the prestigious Medicus Integra Award, which was designed and developed by the Physician Wellness Coalition. The award is based on the belief that physician resilience and well-being …

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Jacksonville International Auto Show Goes Full Speed ​​Amid Supply Chain Challenges, Chip Shortages – Action News Jax

JACKSONVILLE, Fla. – Sunday was the last day of the Jacksonville International Auto Show, an annual event where hopeful buyers got a chance to see, drive and ask their burning questions about the hottest vehicles. recent this year. The event was held amid supply chain challenges and production pauses as …

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The Covid crisis has forced Inverness-based MacGregor Industrial Supplies to cut jobs for the first time in its history

Inverness locator from MacGregor Industrial Supplies… Photo: Gary Anthony.. An Inverness-based company says it had no choice but to reluctantly make redundancies to survive. MacGregor Industrial Supplies – which has several branches – was impacted by the pandemic and Brexit in the financial year ending March 31, 2021. An annual …

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Supply chain security tops conference agenda

I am pleased to announce that registration is now open for the 2022 Victorian Transport Association State Conference, to be held at Silverwater Resort, Phillip Island, March 20-22. The conference is a fantastic opportunity for freight and transport industry players to come together for important discussions on the big issues …

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The critical links between water, employment and housing

A fairly decent start to this year’s rainy season quickly dried up. California’s central coast is a story of ups and downs, wet years and drought. From artificial reservoirs to underground aquifers, we need to store the rain that falls in wet years to help meet the never-ending demand for …

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OUTLOOK: Supply chain issues begin to ease for region’s only full-service bike shop | Local News

HERMITAGE – The Bicycle Store is now entering its 23rd year of business. With grateful hearts, we thank the Lord, customers, employees and suppliers who made this achievement possible. It was quite a “ride”, one that we are always delighted to be on! Although seasonally slow with the flow of …

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What’s really behind these high prices? Shortage of supply or illegal collusion? DOJ launches new investigation into supply chain collusion

At a time when everyone — from automotive OEMs trying to get critical computer chips to consumers buying new devices — is frustrated with supply chain disruptions, the Justice Department is the latest federal partner to step in. in the fray to solve these problems. Yesterday, the Antitrust Division and …

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New York mayor announces plans for sustainable fashion jobs

New York City Mayor Eric Adams announced a partnership with the New York City Economic Development Corporation (NYCEDC) that will create new jobs for New Yorkers, expand Brooklyn’s footprint in the fashion industry and boost New York’s economy. Slow Factory will be the first major tenant of Made in NY …

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How supply chain disruptions have impacted Notre Dame’s goods and what they mean for businesses in general // The Observer

Even Notre Dame’s signature Kelly green isn’t immune to the supply chain issues that are interrupting industries across the globe. As supply chain complications linger into 2022, Hammes Notre Dame bookstore faces a number of ongoing inventory issues, including difficulties sourcing Kelly green clothing to sell online and in-store,” said …

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Biden: ‘Everything indicates’ Russia is preparing to attack Ukraine | News, Sports, Jobs

President Joe Biden speaks with members of the press before boarding Marine One on the South Lawn of the White House, Thursday, Feb. 17, 2022, in Washington. Biden is on his way to Ohio to promote his infrastructure agenda. (AP Photo/Patrick Semansky) KYIV, Ukraine (AP) — …

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The War on Small Business

Transportation is just one area of ​​our supply chains where there are not enough workers. Getty Everyone has a theory about why it’s so hard for manufacturers and supply chain companies to get the workers they need. Lack of childcare, preference for remote work, lingering fear of COVID – these …

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Senate backs bill authorizing short-term rentals | News, Sports, Jobs

The Senate met in session Wednesday in the State House Representatives Hall. (Photo by PAULA TRACY) CONCORD – The State Senate voted to pass Senate Amendment Bill 249 to prohibit municipalities from using local zoning to eliminate the use of single or two-family residential buildings as …

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Texas wineries face supply chain issues

About 35% of the bottles of wine used at US wineries come from China, with some coming from Mexico and the rest being made in the United States. The mega-wineries have quietly purchased much of the existing inventory of glassware and are buying “futures” in the domestic production of these …

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Lake Region State College program seeks to fill law enforcement jobs – Grand Forks Herald

GRAND FORKS — For the 12th consecutive year, Lake Region State College will bring its law enforcement training program to Grand Forks this summer. John Maritato, LRSC Police Department Lieutenant and Director of the Peace Officer Training Program, came to Grand Forks for each of these academies. Maritato said the …

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Soybean processor adds new plant, 50 jobs in South Dakota

A Google Street view of the South Dakota Soybean Processors soybean plant in Volga, SD. Google Maps On February 9, South Dakota Soybean Processors, LLC (SDSP) announced plans to build a multi-seed processing plant near Mitchell, SD. The plant will have the capacity to process 35 million bushels of soybeans …

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Lexington Coffee Overcomes Supply Chain Challenges

LEXINGTON Ky. (FOX 56) — The supply of coffee beans around the world has been tight, but that hasn’t stopped local cafes from giving customers their caffeine fix. Leestown Coffee House is an example of a cafe, like others, working around a shortage of coffee beans Because supplies like compostable …

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Pandemic leading to supply shortage for NH dialysis treatments

The pandemic has caused many shortages over the past two years and the latest shortage is affecting some of the country’s 500,000 dialysis patients. In a joint advisory released in January, the National Kidney Foundation and the American Society of Nephrology said staffing and supply shortages have also led to …

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West Virginia records 6,000th death from COVID-19 | News, Sports, Jobs

CHARLESTON — Even as active COVID-19 cases and hospitalizations decline, West Virginia recorded 31 deaths over the weekend, bringing the total number of deaths attributed to the virus since spring 2020 to more of 6,000. “We lost 6,023 great West Virginians,” Governor Jim Justice said during Monday’s online …

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Valentine’s Day gifts cost more due to supply chain issues – CBS San Francisco

KPIX Meteorologist Mary Lee Receives Surprise Valentine’s Day Marriage ProposalKPIX weatherman Mary Lee had the surprise of her life when she recorded a Monday weather segment: A Valentine’s Day proposal from her longtime boyfriend (2-14-2022) 2 hours ago PIX NowKPIX 5 Monday Noon News Update 2 hours ago Valentine’s Day …

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Family-owned SWFL struggles to overcome supply shortage

NAPLES, Fla. — When Michael Wynn walks into his hardware store in Naples, it’s almost always full of customers. And this is a good thing. But two years into the pandemic, it’s also creating problems. He says he has a roadmap to guide him. “We have best practices and values …

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Hundreds of jobs will be created at the vast Plymouth tungsten mine

Work is set to ramp up on a £45million rebuild of the processing plant at the sprawling Plymouth tungsten mine, which will create hundreds of jobs. Over the next few months new equipment will arrive and another building will be constructed to complete the processing chain at Hemerdon Mine, Plympton. …

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Why the supply chain crisis is a “big” problem for furniture

Furniture has been one of the biggest casualties of the global transportation and supply chain crisis, as the transportation costs of a sofa or table are much higher than a handheld iPhone or a pair of sneakers. In some cases, container costs for sofas, tables and chairs have increased by …

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Supermarket jobs: Lidl is offering 36 London head office positions with salaries of up to £75,000

Lidl is hiring across London, with some jobs paying up to £75,000. The budget supermarket offers 36 positions at its head office, including part-time cleaners, analysts and managers. Lidl currently has 880 stores in the UK and has announced plans to expand to 1,100 by 2025. It has become one …

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Blockade at Canadian border eases, protesters still block bridge | News, Sports, Jobs

Police officers hold a line as protesters against COVID-19 restrictions march through Windsor, Ont., Saturday, Feb. 12, 2022. Demonstrations at the Ambassador Bridge, downtown Ottawa and elsewhere have targeted the warrants of vaccination and other coronavirus restrictions and expressed their fury at Prime Minister Justin Trudeau, who …

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Supply shortage issues as buyers prepare for match day festivities

LAS VEGAS (KLAS) – Super Bowl LVI kicks off on Sunday, sports betting watch parties, Las Vegans are gearing up for the big game across the valley. Local buyers preparing for Saturday’s big game seemed fully aware of the supply chain shortage. Some of the best game day foods include …

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Trucking association director says lockdowns don’t affect Atlantic region’s supply chain

Jean-Marc Picard, General Manager of the Atlantic Provinces Trucking Association. He said if a blockade were to form at an Atlantic Canada border crossing, “then we would see major and major impacts.” (Radio Canada) Blockages at points along the Canada-U.S. border are straining the already struggling supply chain, but the …

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Ontario declares state of emergency over truck blockades in Canada | News, Sports, Jobs

People block Highway 75 with heavy trucks and farm equipment and access to the Canada-US border crossing in Emerson, Manitoba on Thursday. The blockade was put in place to rally against provincial and federal COVID-19 vaccination mandates and to support protesters in Ottawa. (John Woods/The Canadian Press …

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Supply chain issues aren’t so sweet for chocolatiers

BREVARD COUNTY, Fla. — The situation has been tricky for companies that rely on cocoa beans to make their products. A local store goes out of pocket due to global shortages. What do you want to know Global supply chain issues are causing business headaches A shortage of cocoa beans …

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Supply chain issues causing shortages at grocery stores

AUGUSTA, Georgia (WJBF) — Empty shelves and higher prices are becoming commonplace as supply chain issues cause shortages at grocery stores. Supply chain issues are caused by two factors, the most important being labor shortages. Shortages of truck and transport drivers are also contributing to the problem. “Each of these …

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“What is the future really about”

DANBURY — Mirian Rivas worked more than 20 years in the food industry when her teenage son encouraged her to pursue her interest in manufacturing. While working full-time, the Danbury resident completed a 10-month course at Naugatuck Valley Community College and learned the skills she needs for her new job …

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Future Maserati; investigating the shortage of chips; supply chain issues – the week

Our regular analysis of upcoming new models from automakers continued this week with a close look at Maserati. To quote our futurist: “It’s going to be a big year for Maserati, with one, maybe two new models coming, then more in 23 and 24.” As is the case with Alfa …

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Contaminated materials ruin 6.5 million terabytes of flash storage and could drive up prices

This is probably not the kind of thing you want to happen among your suppliers. According to Bloomberg, Western Digital and Kioxia Corp. cut production at two factories in Japan after contaminated materials were discovered, ruining an estimated 6.5 million terabytes of storage. The incident could lead to further price …

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Ted Rowe — “Makes a difference” | News, Sports, Jobs

Photo courtesy of Sunrise Rotary Club Sharon Hanson, president of Sunrise Rotary, presents Ted Rowe with a plaque in recognition of his years of service as club secretary on October 14. MARSHALL — When the Sunrise Rotary Club formed in Marshall in 2003, Ted Rowe was …

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Food, supply chain issues and staffing shortages leave VA schools scrambling to feed students

Rising COVID cases, staffing issues and supply chain issues are causing food shortages in Virginia school cafeterias. It’s been almost a year since President Biden signed an executive order to fix America’s supply chain safeguards. Yet the ripple effects and shortages have left school districts scrambling to feed students without …

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HMRC liquidation petition puts 2,000 steel jobs in Stocksbridge and Rotherham at risk

The tax authorities have applied for a liquidation petition – a request to a court to close a business – for unpaid debts estimated at tens of millions of pounds. The petition is expected to be heard at the end of next month, according to Sky News. If a liquidation …

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Local florists ready for Valentine’s Day orders despite supply shortage

GREEN BAY, Wis. (WBAY) — Valentine’s Day is just five days away, but florists are still facing a nationwide supply shortage. Action 2 News spoke with the owners of Schroeder’s Flowers and Flowerama in Green Bay in October when flower shortages were an issue, particularly with roses. Now, that’s not …

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Proposed North Bay slaughterhouse could create 150 jobs and expand export market

Canada Meat Group’s 50,000 square foot automated facility would be certified for halal beef A brand new federally inspected slaughterhouse planned for North Bay has the potential to create 150 jobs in the city and boost the regional export meat market, according to Canadian Meat Groupthe company proposing the project. …

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61% of companies report supply chain issues that impede growth and force lower hiring standards

According to a survey by The Harris Poll, commissioned by Express Employment Professionals, 3 in 5 U.S. hiring decision makers (61%) say their company has changed its hiring practices due to employment chain issues. national procurement and report that this will have a negative impact on their business. growth. OKLAHOMA …

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Betty case 1932-2022 | News, Sports, Jobs

POLAND — If you were awake in the early hours of Thursday morning, February 3, 2022, and your ears were turned skyward, you might have heard a faint laugh. Betty Case, 89, you see, had arrived in heaven, and she had with her the sunny, fun-loving disposition she was known …

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Maine’s beloved soda hit by supply chain issues – CBS Boston

PORTLAND, Maine (AP) — Depending on who you ask, Maine is in the midst of a curse or a blessing: a Moxie shortage. Moxie, a polarizing drink that is the state’s official soft drink, is in short supply due to supply chain issues. The soda is enjoyed by thousands of …

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Shortage of blood supply: why it happens and how you can help

For several weeks, the American Red Cross has been reporting a severe shortage of blood across the country. This shortage, the worst in more than a decade, could last until the summer. UC Davis Health has been looking for ways to stretch the available blood supply, encourage blood donation and …

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Shortage of chip supply may ease soon, but recovery won’t be uniform

Semiconductor stocks and exchange-traded funds were among the best-performing tech assets of 2021, but some of the air is blowing out of that trade as growth stocks languish at the start of 2022. However, there is hope for ETFs like the VanEck Vectors Semiconductor ETF (SMH) because some experts see …

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New BMW distribution center at Sparrows Point expected to create 70 jobs – CBS Baltimore

BALTIMORE (WJZ) — BMW is expanding its operations in the Baltimore area with the addition of a new 35-acre vehicle distribution center at Tradepoint Atlantic Terminal in Sparrows Point. The expansion includes a new 75,000 square foot facility, nearly double the size of BMW’s Broening Highway site. Built to process …

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Despite Supply Chain Crisis, Anduro Manufacturing Reports 99% On-Time Delivery Throughout 2021

ATLANTE, February 7, 2022 /PRNewswire/ — Despite a global supply chain crisis in 2021, woven polypropylene bag maker Anduro Manufacturing reported delivery times exceeded 99% for the year. It was during a historic year of logistical pain which has seen idle container ships at anchor near west coast ports and …

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Food pantries across the country are suffering from supply shortages

Maria Vazquez needs 10-15 gallons of whole milk to make quesos. She has been making and selling them for years in Immokalee, Florida as a source of income. She cares for her young son with Down’s Syndrome full-time, so selling quesos helps her make ends meet since her job opportunities …

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Drought prompts farmers to try new things | News, Sports, Jobs

SANTA FE, NM (AP) — A few years ago, Paul Skrak decided to explore different cultivation methods that could help his crops better withstand the seemingly endless drought. On the advice of a consultant, the Pev±a Blanca farmer started using cover crops, both to protect the soil from the sun …

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Flower Prices Rise Due to Shortage of Supply | News

Love is priceless, but pandemic-related supply chain challenges are hitting florists hard. Labor shortages and bad weather mean prices are on the rise. Although Gaudreau’s owner, florist Jeanette Ballien celebrates 50 years with the shop and has seen many, each year brings new challenges. “The product hasn’t been as readily …

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New year, same supply shortage problem | News

Local UCF grocery stores are riddled with empty shelves and missing brands due to national supply chain shortages. This national crisis has worsened over the past three years due to several issues surrounding the initial outbreak of COVID-19, in 2020. Jessica Less It may be a new year, but the …

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Houlahan legislation included in massive supply chain package – Daily Local

Rep. Chrissy Houlahan (D-PA) welcomed the passage of the bipartisan COMPETES Act, a comprehensive package that addresses supply chain issues, promotes American manufacturing and invests in American STEM innovation. “Few things are more important to my community members right now than strengthening our supply chains and getting inflation under control,” …

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The Week in Business: A Strong Employment Report

What’s up? (30 Jan-5 Feb) Better news than expected The economy added 467,000 jobs in January despite record levels of coronavirus cases, the Labor Department reported on Friday. Employers continued to add jobs at about the same pace as in December. The quirks of the data make January’s employment figures …

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Some furniture retailers say price hikes could be ‘inevitable’ amid supply chain issues

RISE IN COSTS AND LONG DELAYS Describing logistical delays as “the most pressing issue”, Commune’s Koh noted that the cost of shipping a container from China to Singapore has soared to US$3,500 from around US$500 before COVID. -19. Shipping costs to Europe also increased about eightfold to US$16,000 during the …

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Publication of relaxed standards for school meals | News, Sports, Jobs

Low-fat chocolate milk instead of just fat-free. Fewer whole grain offerings. Less stringent salt limits. The Biden administration released school lunch transition standards on Friday that aim to ease the way for cafeterias to resume a healthier course as they recover from the pandemic and supply chain disruptions. …

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The Supply Chain Backlog May Not Go Away Anytime Soon

Photography: Shutterstock While much of the restaurant industry is currently focused on labor shortages and rising food costs, one problem persists and may be present for some time: the inability to get equipment. Operators have to wait several months to a year to bring certain equipment into their restaurants. The …

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Strong January jobs report shows resilience of recovery: live updates and analysis

Jerome H. Powell, the chairman of the Federal Reserve, compared setting monetary policy to stumbling in an unlit room: You walk out the door carefully to avoid making a painful mistake. The analogy is likely to ring especially true in the coming months as scrambled data from Omicron pours in …

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Defense force ships and aircraft could be needed as WA supply shortage crisis expected for two months

Defense Force ships and planes could be needed to help Western Australia deal with its supply chain issues as supermarket shelves lie empty. WA Transport Minister Rita Saffioti admitted on Thursday the bare shelves could remain here for two months as WA grapples with the fall of a “one in …

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Semiconductor Supply Shortage Will Continue Through H1 2022 – IDC – Back End News

Even as economies slowly recover, the effects of COVID-19 will continue to impact industries, including the semiconductor market. International Data Corp. (IDC) expects the tight supply of semiconductors to continue through the first half of 2022 as the industry builds up inventory at normal levels. The general theme for semiconductors …

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Supply shortage looms after KP Snacks hit by ransomware

A Conti ransomware attack on the systems of KP Snacks, one of the UK’s largest crisps makers, is already causing severe retail supply disruptions that could persist into next month. The incident was first identified on January 28, but drew attention after the organization – the parent company behind …

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