Transportation / Shipping

Cargo thieves loaded up during the pandemic. Here’s what they most like to steal.

June 18, 2022 admin No Comments

Cargo theft ramped up during the pandemic, as the supply-chain snarls that upended so many businesses also provided thieves more opportunity to commit their crimes. Moreover, there was a shift in the types of cargo being stolen the most, mirroring the blend of scarcity and desirability wrought by the supply-chain problems that still leave businesses…

Investment

How can companies atone for slavery ties? Financial giant sets an example: expert

June 16, 2022 admin No Comments

The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. While slavery in the US was abolished more than 150 years ago, organizations that profited from it still operate today – and it’s in their best interest to fully atone for the past, says…

Investment

Personal savings are being depleted as Americans cope with red-hot inflation. People are being forced to make ‘difficult choices’

June 15, 2022 admin No Comments

Americans accumulated extra savings during the pandemic, but that money is fast dwindling because of inflation. Some 70% of Americans are using their savings to cover rising prices, a recent Forbes Advisor survey of 2,000 US adults concluded. Among those polled, older adults were more likely to say they have left their savings intact. In…

Investment

US companies sweat out labor talks at ports ahead of another possible supply-chain crisis

June 11, 2022 admin No Comments

US companies fear a repeat of last summer’s supply-chain chaos – that left store shelves empty and fueled higher prices – as contract negotiations between longshoreman and operators of the nation’s largest ports remain adrift. The contract between some 22,000 dockworkers at 29 ports along the West Coast – represented by the International Longshore &…

Investment

Companies that exited Russia after its invasion of Ukraine are being rewarded with outsize stock-market returns – and those that stayed are not

June 3, 2022 admin No Comments

The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain behind are being punished. “We find that equity markets are actually rewarding companies for leaving Russia while…

Investment

Biden meets with CEOs of baby-formula makers as shortage worsens: ‘There’s still a lot more to do’

June 1, 2022 admin No Comments

President Joe Biden on Wednesday met with executives from baby-formula makers, with the huddle coming as new data suggest that the country’s formula shortage is deepening. “There’s still a lot more to do, so I ask you to keep focused, stay focused, stay in high gear,” Biden said during the meeting. “We can’t let up…

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