Apple didn’t just announce new AirPods. It also put its spotlight on two new MacBook Pros, which will be powered by a new generation of chips that Apple says “shocked the PC world.” Car rental company Hertz is filing for another IPO after recovering from its recent bankruptcy. Is it a good buy? Supply chain problems…
US Retail Sales Reveal Surprise Increase in September Despite Ongoing Supply Shortages
American retail sales rose unexpectedly in September amid ongoing supply chain shortages, raising concerns as the nation nears the holiday shopping season. The U.S Census Bureau announced Friday a 0.7 percent increase from August. The July–August increase was also revised up to 0.9 percent instead of the 0.7 percent earlier reported (pdf). The increase was…
Supply Chain Challenges Saddle Bicycle Industry With Delays, Shortages
Walk into a bicycle shop these days and chances are you may get what you need, but not necessarily what you want. Supply-chain disruptions affecting the availability of bicycles and bike parts have prompted many stores to seek out other options and products to meet demand. “What we’ve done is we’ve really gotten into the…
Supply Chain Challenges Saddle Bicycle Industry With Delays, Shorages
Walk into a bicycle shop these days and chances are you may get what you need, but not necessarily what you want. Supply-chain disruptions affecting the availability of bicycles and bike parts have prompted many stores to seek out other options and products to meet demand. “What we’ve done is we’ve really gotten into the…
Supply Chain Backlog to Last Until Summer of Next Year, Despite 24/7 Operating Hours: Officials
Despite President Biden’s announcement Wednesday that the severely backlogged Port of Los Angeles would expand into 24/7 operating hours—similar to the Port of Long Beach—port officials are saying the backlog will continue until the summer of 2022. Noel Hacegaba, deputy executive director of the Port of Long Beach, said expanding the ports’ operating hours will…
IKEA Warns Supply Chain Disruptions Likely to Last Into 2022
STOCKHOLM—IKEA, the world’s biggest furniture brand, is leasing more ships, buying containers, and re-routing goods between warehouses as it works hard to mitigate a “perfect storm” of global supply chain disruptions which could last into next year, executives said. The company, which earlier on Thursday reported record annual sales as locked-down consumers spent more than…
Deep Dive (Oct. 14): Marine Lt. Col. Scheller Pleads Guilty to All Charges
President Joe Biden is calling on the private sector to help address supply bottlenecks. The Biden administration announced that the Port of Los Angeles will start operating 24/7. Major freight haulers FedEx and UPS as well as four major companies have agreed to utilize the night hours to help move an extra 3,500 containers per…
NTD News Today Full Broadcast (Oct. 14)
The supply chain crisis. Will President Joe Biden’s new plan fix the bottlenecks? Or does more need to be done to address the underlying problem? What should be done to make big tech companies more transparent? Media fellow and data researcher Kalev Leetaru suggests keeping section 230 but making a certain amendment. And, Mexico is…
Biden Calls on Private Sector to ‘Step Up’ to Address Supply Bottlenecks
President Joe Biden has called on the private sector supply chain to “step up” amid growing concerns around logistical bottlenecks and increasing inflation. Biden’s comments in a speech on Oct. 13 came following announcements that the Port of Los Angeles will move to a 24/7 service—a step the Port of Long Beach made several weeks…
NTD Evening News Full Broadcast (Oct. 13)
President Joe Biden holds a meeting on supply chain issues that may put Christmas gifts at risk, winter heating costs are expected to surge in the U.S. this year, and Pfizer confirms the approved vaccine product isn’t in circulation in the U.S. yet.
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