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October 18, 2021


Biden unveils plan to ease supply chain crisis

CBS News
CBS News – For more and to sign up click here Biden unveils plan to ease supply chain crisis – CBS News Watch CBSN Live President Biden vowed to fix the supply chain backlog that has stranded cargo ships loaded with consumer goods. The Port of Los Angeles will now......

Major backlog at ports disrupts supply chain

CBS News
CBS News – For more and to sign up click here Major backlog at ports disrupts supply chain – CBS News Watch CBSN Live Retailers, truck drivers and customers are frustrated with the supply chain backlog. Carter Evans gets their reaction. Be the first to know Get browser notifications for......

Wells Fargo gives bearish bond outlook, cites supply chain bottlenecks and inflation as key risks

CNBC – For more and to sign up click here Inflation, whipped up by the supply chain crisis, will push bond yields higher over the next several weeks, according to Wells Fargo Securities’ Michael Schumacher. The firm’s head of macro strategy believes the benchmark 10-year Treasury Note yield could reach......

White House plan aims to help key West Coast ports stay open 24-7 to ease supply chain bottlenecks

CNBC – For more and to sign up click here WASHINGTON — As supply chain bottlenecks around the world threaten to hobble the U.S. holiday shopping season, President Joe Biden will unveil a plan Wednesday to try to ease West Coast delays at the ports of Long Beach and Los......

Evolution of plant-based eating rippling through supply chain

KANSAS CITY — Food Business News declared plant-based eating the Trend of the Year in 2019. That designation has held up well as category demand, innovation and investment all have accelerated. Now suppliers and manufacturers are working to add ingredient technologies and capacity to meet rising consumer expectations for these......

U.S. earnings seen strong, but supply chains and costs worry investors

A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 24, 2021. REUTERS/Andrew Kelly/File Photo NEW YORK, Oct 11 (Reuters) – Investors are primed for another period of strong U.S. profit growth as third-quarter reports from Corporate America flow in......

Venture capitalists are chasing industrial tech start-ups as supply shocks widen

CNBC – For more and to sign up click here Supply chain disruptions are hitting some of the most powerful companies in the world, pushing venture capitalists to invest in industrial tech start-ups that are offering solutions.  So far this year, a record $45.1 billion has been raised by industrial......

Carbon dioxide supply deal agreed between government and industry

https://www.bbc.co.uk/news/business-58867911?at_medium=RSS&at_campaign=KARANGA A government statement said: “CO2 suppliers have agreed to pay CF Fertilisers a price for the CO2 it produces that will enable it to continue operating while global gas prices remain high, drawing on support from industry and delivering value for money for the taxpayer.” BBC – For more......

Lebanon restores power supply after complete halt

DUBAI Oct 10 (Reuters) – Lebanon’s power supplies were back to normal on Sunday after a blackout the previous day when the country’s two biggest power stations shut down because of a fuel shortage, the Energy Ministry said. The closure piled further hardship on Lebanese struggling with job losses, soaring......

Saudi to supply additional crude to some Asian refiners in Nov -sources

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov SINGAPORE, Oct 11 (Reuters) – Saudi Aramco (2222.SE) has agreed to supply additional crude to at least two North Asian buyers in November, while meeting full contractual volumes for three......

What’s behind supply chain breakdowns?

CBS News
CBS News – For more and to sign up click here What’s behind supply chain breakdowns? – CBS News Watch CBSN Live In recent months, supply chain problems have been blamed for shortages affecting just about every sector of industry and commerce. But what exactly is broken, and why? Correspondent......

British industry urges govt action on energy prices, supply

Vehicles queue to refill at a BP fuel station in Milton Keynes, Britain, September 28, 2021. REUTERS/Andrew Boyers LONDON, Oct 7 (Reuters) – Britain’s Energy Intensive Users Group (EIUG) has asked the government and the energy regulator Ofgem to tackle high prices, which they say threaten businesses, and to ensure......

Nestle admits supply chain issues ahead of Christmas

https://www.bbc.co.uk/news/business-58822665?at_medium=RSS&at_campaign=KARANGA Ahead of a major climate summit in Glasgow next month, chief executive Mark Schneider was in the UK to launch a range of non-dairy, plant-based alternatives to its milk and chocolate in an attempt to further reduce the company’s greenhouse gas emissions. BBC – For more and to sign......

The White House said it will spend $1 billion to increase the supply of rapid at-home tests.

New York Times
New York Times – For more and to sign up click here The White House on Wednesday announced a billion-dollar investment in at-home rapid coronavirus tests that it said would help quadruple their availability by later this year. By December, 200 million rapid tests will be available to Americans each......

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