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July 1, 2022

Chains

Here’s what Cisco CEO Chuck Robbins told Cramer about supply chains, M&A and enterprise demand

CNBC
CNBC – For more and to sign up click here In an interview with CNBC Wednesday, Cisco CEO Chuck Robbins provided a number of updates on the networking company’s business. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Dollar store chains boost their outlooks as consumers grapple with high inflation

CNBC
CNBC – For more and to sign up click here Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices......

Best Buy shares rise after electronics chain’s sales top expectations

CNBC
CNBC – For more and to sign up click here Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Best Buy reported an increase in second-quarter sales of nearly 20% as consumers purchased electronics to adjust to lifestyle changes related to the ongoing pandemic. Scott......

Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future

CNBC
CNBC – For more and to sign up click here Wind turbine and cooling towers of the Cruas-Meysse nuclear power plant in France, April 12, 2021. Jean-Marie HOSATTE | Gamma-Rapho | Getty Images Russia’s war in Ukraine has pushed countries around the globe to wean themselves from Russian oil and......

U.S., Europe race to improve food supply chains after India bans wheat exports

CNBC
CNBC – For more and to sign up click here PARIS — The United States and the European Union are looking at how to improve food supply chains with export restrictions from India and other nations accentuating global problems, the EU’s trade chief told CNBC. G-7 foreign ministers warned over......

Column: China lifts metals exports as Western supply chains buckle: Andy Home

Reuters
LONDON, May 12 (Reuters) – China exported 45,260 tonnes of primary aluminium in March, the highest monthly total since April 2010, with almost half of it to the Netherlands. The month before 20,000 tonnes of metal left China destined for Montenegro and another 5,000 tonnes for Italy. Exports of unwrought......

Grizzlies, Timberwolves playoff game stops after fan chains self to basket

Sports Illustrated
SI – For more and to sign up click here Wilton Jackson The Timberwolves and the Grizzles were a closely-contested opening game of their first-round NBA playoff series when a fan displayed unusual activity, bringing the game to a halt. With Minnesota holding a three-point advantage, 54–51, with less than......

White House unveils 2023 federal budget, calls for new spending aimed at reducing crime, unclogging supply chains and a tax on billionaires

CBS News
CBS News – For more and to sign up click here The Biden administration on Monday unveiled the president’s budget proposal for 2023, totaling more than $5.7 trillion in spending and including a new tax on billionaires as the president looks to lower the deficit moving forward. In it, President......

Michigan police, fire agencies fight fast-food chains to find workers

Detriot News
Detroit News – For more and to sign up click here Michigan public safety officials are struggling to fill open positions in a market where job-seekers can earn as much money flipping burgers or stocking shelves as they could arresting suspects, patrolling cellblocks or running into burning buildings. Statewide, police and fire departments,......

China’s Covid outbreak will cause ‘some disruption’ to tech supply chains, says Marvell CEO

CNBC
CNBC – For more and to sign up click here The latest round of coronavirus restrictions in major Chinese cities will likely add to supply chain challenges in the technology sector, the CEO of a semiconductor company told CNBC’s Jim Cramer on Monday. In an interview on “Mad Money,” Marvell......

How a Russian invasion of Ukraine, the ‘breadbasket of Europe,’ could hit supply chains

CNBC
CNBC – For more and to sign up click here A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Oil and gas prices are set to spike further as the Russia-Ukraine crisis escalates, but the impact on energy won’t be......

Finland’s UPM sees headwinds from disrupted supply chains

Reuters
HELSINKI, Jan 27 (Reuters) – Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving investors disappointed with its growth expectations for the first half of the year. The pulp, paper and biofuel maker saw its shares sink more than......

China’s zero-Covid policy could deal another blow to global supply chains, Moody’s says

CNBC
CNBC – For more and to sign up click here Supply chain disruptions are being prolonged driven largely by China’s strict zero-Covid policy, according to an economist from Moody’s Analytics. The bottlenecks have lasted for about a year now but are expected to “materially ease in the early months of......

Bypass Global Supply Chains and Support Local Manufacturers – Business

newsusa
(NewsUSA) – The delays and confusion caused when a 200,000-ton cargo ship got stuck in the Suez Canal sent ripples through the U.S. economy and led many people to explore alternatives to the global supply chain, which is also susceptible to other forces ranging from weather to cyberattacks. Although global......

Big Hospital Chains Drop Vaccine Mandates for Health Workers

New York Times
But the legal landscape is confusing at best, with states and local governments often running counter to the federal efforts. In Florida, where AdventHealth, HCA and UF Health Jacksonville have all paused their requirements, Gov. Ron DeSantis prohibited vaccine mandates by private employers shortly after the federal government issued its......

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