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June 8, 2021

Shortages

Are unemployment benefits causing working shortages? Here’s what we know.

CNN
USA TODAY – For more and to sign up click here There are plenty of anecdotal examples to back up each side. But just what is happening in the labor market — and the effect of the contentious $300 weekly federal boost extended by Congress in the most recent March......

Dell, HP say chip shortages will hit PC supplies this year

Reuters
Dell Technologies Inc (DELL.N) and HP Inc (HPQ.N) reported quarterly revenue that beat Wall Street estimates on Thursday, as customers continued to shop for personal computers, even as pandemic-led restrictions eased in many parts of the world. However, shares of Dell fell 1%, while those of HP dropped as much......

Northern Michigan greets busy Memorial Day weekend with staff shortages

Detriot News
Detroit News – For more and to sign up click here Restaurants, wineries and hotels in northern Michigan are bracing for a deluge of tourists this Memorial Day weekend, industry experts say.        Source link – Click for more To Return to the Main Aggregate News Page – click......

Iran bans bitcoin mining as its cities suffer blackouts and power shortages

CNBC
CNBC – For more and to sign up click here DUBAI, United Arab Emirates — Iran’s government announced a ban on the mining of bitcoin and other cryptocurrencies, the country’s president, Hassan Rouhani, announced Wednesday, as officials blame the energy-intensive process for blackouts in a number of Iranian cities. The......

Sudanese turn to solar energy amid electricity shortages

Reuters
A solar panel is seen on the roof of a house of Bank manager, Abdel Maged Khougly, in Khartoum, Sudan May 17, 2021. REUTERS/El Tayeb Siddig Sudanese farmer Mohammed Mahgoub used to spend more than $12 per day on gasoline to keep his farm in Nile River State operating, braving......

Gas prices highest in 6 years as panic-buying prolongs shortages

CBS News
CBS News – For more and to sign up click here More than 10,000 gas stations remained without fuel Tuesday as states in the Southeast slowly recover from a ransomware attack that crippled the biggest U.S. pipeline earlier this month. Although Colonial Pipeline resumed operations five days ago, gas prices have continued......

Critics of Biden’s proposed oil-and-gas industry taxes fueled by gas shortages

WashingtonExaminer
USA TODAY – For more and to sign up click here Casey Harper, The Center Square Gas shortages on the East Coast have helped rally Congressional opposition to the portions of President Joe Biden’s infrastructure plan that would force oil and gas companies to pay more in taxes. House Republicans......

Biden says East Coast fuel shortages to end in days as pipeline reopens

Reuters
U.S. President Joe Biden on Thursday reassured U.S. motorists that fuel supplies should start returning to normal this weekend, even as more filling stations ran out of gasoline across the Southeast nearly a week after a cyber attack on the nation’s top fuel pipeline. Colonial Pipeline said late Thursday it......

Colombia protests: Shortages in Cali as demonstrations rumble on

BBC
The protests in Colombia ran into their third week on Wednesday. While they were originally in opposition to a now-suspended tax reform, they have since turned into much broader demands, including abolishing university tuition fees, introducing a universal basic income, disbanding the riot police force and improving the security for......

Fuel Shortages, Middle East Reaction, Immigration Policy Changes : Up First

NPR
NPR The Colonial Pipeline is restarting after a major cyber attack forced it to shut down, but impacts from the disruption are still being felt across the east coast. Israel continues it’s fierce military offensive in Gaza, as Arab countries condemn the attacks. And, the Biden administration is expanding exceptions......

Pipeline resumes operations as gas shortages plague South

CBS News
CBS News – For more and to sign up click here Pipeline resumes operations as gas shortages plague South – CBS News Watch CBSN Live Gas stations are seeing long lines as panicked drivers across the southeastern U.S. rush to fill up after a ransomware attack forced a major pipeline......

Workers Make Truthful Signs About Why Employers Are Facing Staff Shortages

IA
The US Labor Department reports that job openings rose to a two-year high in February, while in March employers added nearly 1M new jobs. In this new reality of the post-pandemic world when more and more businesses are reopening their doors, job openings are accelerating faster than people can send......

Analysis: S.Korea’s COVID-19 vaccine shortages overshadow Moon-Biden summit

Reuters
South Korean President Moon Jae-in speaks on the occasion of the third anniversary of his inauguration at the presidential Blue House in Seoul, South Korea, May 10, 2020. Kim Min-Hee/Pool via REUTERS South Korea’s struggle to boost coronavirus vaccine supplies is threatening to overshadow President Moon Jae-in’s first summit with......

Gas shortages, price hikes reported amid Colonial Pipeline shutdown: CNBC After Hours

CNBC
CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, Jeff Cox breaks down this morning’s JOLTS survey and the record high eight million open jobs. Plus, Pippa Stevens explains how last week’s cyberattack on the......

Spot gas shortages could worsen if Colonial Pipeline doesn’t reopen by the weekend

CNBC
CNBC – For more and to sign up click here Image showing the Colonial Pipeline Houston Station facility in Pasadena, Texas (East of Houston) taken on May 10, 2021. Francois Picard | AFP | Getty Images If the Colonial Pipeline is not back in business by the weekend, prices could......

Oil prices rise on nagging fears of fuel shortages

Reuters
Oil prices rose on Tuesday, as lingering fears of gasoline shortages due to the outage at the largest U.S. fuel pipeline system after a cyber attack brought futures back from an early drop of more than 1%. Brent crude futures rose 35 cents, or 0.5%, to $68.67 a barrel by......

White House monitoring fuel supply shortages in southeastern US from pipeline cyberattack

TheHill
USA TODAY – For more and to sign up click here Morgan Chalfant The Biden administration is monitoring fuel supply shortages in the southeastern United States after the Colonial Pipeline ransomware attack, the White House said in a statement late Monday. “The President continues to be regularly briefed on the......

U.S. job growth far below expectations in April amid labor shortages

Reuters
Construction workers wait in line to do a temperature test to return to the job site after lunch, amid the coronavirus disease (COVID-19) outbreak, in the Manhattan borough of New York City, New York, U.S., November 10, 2020. REUTERS/Carlo Allegri U.S. employers hired far fewer workers than expected in April,......

Colombia sees calmer protests, industry groups warn of fuel shortages

Reuters
Protests in Colombia marked their ninth day on Thursday with smaller groups of demonstrators in cities including Bogota and Medellin, while industry groups warned of gasoline shortages across the country following road blocks. Protests began last week in opposition to a now-canceled tax reform plan, but demonstrators have since broadened......

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