From raw materials and pharmaceuticals, clothes and toys, accounting for more than half import in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor rained in on. The something the new york governor rained in om rained in on. The potentialfor disruption rained in on. The potentialfor disruption is rained in on. The potentialfor disruption is significant. Rained in on. The potentialfor disruption is significant. We. Disruption is significant. We have not had an event like this in our port since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 19110 78, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all party to keep negotiating in good
And pharmaceuticals, to clothes and toys, with ports accounting for more than half imports in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor weighed in on. The potential for disruption is significant. We have not had an event like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 1947 act, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all parties to keep negotiating in good faith. The chairman of the federal reserve has dampened hopes of another big rate cut. He was speaking in tennessee and added the central bank was not in a hurry to cut rates. Indexes saw price falls during the speech but have since recovered.
On automation, the union boss has been warning dock workers that their jobs could be replaced by machines. In response, that us maritime alliance says it is offering to keep the current ban on fully automated equipment. A strike could cost the us economy $5 billion a day according to jp morgan analysts. A range of goods flow through the east and gulf coast ports. Everything from raw materials and pharmaceuticals, to clothes and toys, with the ports accounting for more than half of containerized imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something new york governor kathy hochul weighed in on. The potential for disruption is significant. We have not had an event occur like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to criti
Hybrid policy. Grievances, including grievances, including the push to get workers back the push to get workers back in the office. In the office. Boeing has introduced immediate boeing has introduced immediate spending freezes and says it spending freezes and says it may have to lay off staff may have to lay off staff temporarily to keep costs down. Temporarily to keep costs down. This comes as the company deals this comes as the company deals with the impact of a strike with the impact of a strike involving some 30,000 workers. Involving some 30,000 workers. Boeing has now asked boeing has now asked its suppliers to suspend its suppliers to suspend deliveries of parts for the 737 deliveries of parts for the 737 max, 777 and 767 freighter max, 777 and 767 freighter aircraft, which are all built aircraft, which are all built in factories directly affected in factories directly affected by the shutdown. By the shutdown. Intel has a brand new customer, intel has a brand new customer, is
Like tesla s elon musk and salesforce s marc benioff, who have also called for similar return to office mandates. However, it s a push that s proven unpopular amongst some tech workers. Last year, a number of corporate employees staged a walk out at its seattle headquarters, citing multiple grievances, including grievances, including the push to get workers back the push to get workers back in the office. In the office. Facebook owner manager has facebook owner manager has bound an several russian bound an several russian media from its platforms. In a media from its platforms. In a statement, it is a decision was statement, it is a decision was made after careful made after careful consideration and that enforcement of the van will consideration and that enforcement of the van will happen over the next few days, happen over the next few days, move comes after the white move comes after the white house signalled that like house signalled that like russia s rt were being used to r