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BBCNEWS Business Today October 1, 2024

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 f ....

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BBCNEWS Business Today October 1, 2024

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 ....

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BBCNEWS Business Today - NYSE Opening Bell October 1, 2024

In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on addin ....

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BBCNEWS Business Today October 1, 2024

Heavy equipment, agricultural products and pharmaceuticals. The ports account for more than half of container imports. Consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipments to the West Coast and i spoke to the ceo of The Port of long beach and he said they had a record august but having said that, if the strikes go ahead and last for weeks, they could lead to shortages and high prices for consumers. Who; high prices for consumers. Why are we in high prices for consumers. Why are we in this high prices for consumers. Why are we in this position . The entire east Coast Port Infrastructure could be shut down by this . Why have the talks broken down . The dock Workers Union talks broken down . The dock Workers Union have talks broken down . The dock Workers Union have been talks brok ....

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MSNBC Ana Cabrera Reports October 1, 2024

A. M. Pacific. Im Ana Cabrera reporting from new york. We begin with Breaking News. The president set to speak from the White House this hour, about the devastation in the aftermath of helene. The destruction is really unbelievable, stretching all across the southeast. The Death Toll currently standing at 99. The number is set to climb, still, with Search And Rescue efforts continuing this morning. A third of the deaths in north carolina, where the historic city of asheville saw the worst of it. At this hour, authorities are still searching for the missing. And the community is just struggling to cope without water. Without food, power, Gasoline Or Cell service in so many of those areas. Joining us now, nbcs George Solis is in asheville and Nbcs Gabe Gutierrez is standing by. George, the aerial images from that shot is really br ....

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