As the disruption to U.S. food supply chains continues to play out in grocery stores and supermarkets, our best proactive move is to know where and how to find basic essentials when prices skyrocket or shelves are empty. Good news! Finding the essentials you need may not require you to stand in long lines or…
Police Shortage Prompts Capitol to Begin Using Security Contractors
By Chris Marquette From CQ-Roll Call WASHINGTON—Contract security officers were set to start work on May 2 as part of a new program to help alleviate staffing shortages within the Capitol Police, according to a letter from the Capitol Police Board to lawmakers and staff obtained by CQ Roll Call. The new Capitol security officers…
Baby Formula Shortage Hits Walgreens as Rationing Begins Starts
Walgreens announced that it would start to ration baby formula amid a reported U.S.-wide shortage. The drugstore chain said in a statement to news outlets that it will limit customers to three infant and toddler formula products per sale due to “increased demand and various supplier issues.” “Due to increased demand and various supplier issues, infant and…
Baby Formula Shortage Hits Walgreens as Rationing Begins
Walgreens announced that it would start to ration baby formula amid a reported U.S.-wide shortage. The drugstore chain said in a statement to news outlets that it will limit customers to three infant and toddler formula products per sale due to “increased demand and various supplier issues.” “Due to increased demand and various supplier issues, infant and…
Volvo Cars Says March Sales Fall 22 Percent, Hurt by Chip Shortage
STOCKHOLM—Volvo Cars said on Monday car sales in March fell 22 percent to 58,677 cars as the automaker faced shortages of a specific semiconductor. Volvo, majority-owned by China’s Geely Holding, said the shortage is expected to impact production during the second quarter.
US Auto Sales Slide in Q1; Toyota Outsells GM
U.S. automakers on Friday reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold the company in the first quarter on increased demand for its Lexus hybrid and electric…
Traders Warn of Russia-Related Diesel and Gas Shortages
March 24, 2022
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Business & EconomyCompaniesdieseleconomic policieseconomyEuropeGasinflationInternationalMarketsRussiaRussia-Ukraine WarshortagetradersUkrainewarnWorld
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LAUSANNE—Energy and commodity markets are in shock after Russia’s invasion of Ukraine, the world’s top trading firms said on Tuesday, warning of gas and diesel shortages in Europe and economic recession if Russian flows fall further. Prices across gas, oil, metals, and agricultural markets have soared since the invasion and become so volatile that companies…
Staff Shortage Concerns Challenge Germany’s Vaccine Mandate
BERLIN—Frank Vogel, a 64-year-old local politician from the eastern German Erzgebirge region, has been scrambling to find ways to keep nursing homes open when a vaccine mandate for health care workers takes effect next month. His region near the Czech border has one of the lowest vaccination rates in Germany. With only 57 percent of…
Ford Suspends or Cuts Output at Plants Due to Chip Shortage
February 14, 2022
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Business & EconomyBusinesses in COVID-19chipCompanieseconomyFordLocal NewsMichiganoutputRegional-Local NewsshortageTechTech NewsUSUS News
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DETROIT—Ford Motor Co. said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to the global semiconductor shortage. The U.S. automaker will idle production at its Ohio Assembly Plant as well as the production line for the Transit van at its Kansas City Assembly Plant, spokeswoman…
Porsche Expects Another Record Year for Sales Despite Chip Shortage: Automobilwoche
February 7, 2022
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AutomobilwocheBusiness & EconomyBusinesses in COVID-19chipCompaniesEuropePorschesalesshortageTechTech NewsWorld
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BERLIN—Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When I look at the current orders, I’m confident for 2022. Growth in sales could reach a similarly high level this year as in 2021,” Detlev von Platen…
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