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Chicago’s Mayor Pushing Biden to Supply More Work Permits for Migrants

Chicago’s self-proclaimed progressive mayor, Brandon Johnson, has warned that tens of thousands of undocumented immigrants have taken refuge in the city, even as local black unemployment rates have risen many times the national average. is pressing the Biden administration to ease the expansion of work permits for people with disabilities. Chicago is experiencing almost the […]

Taiwan earthquake may impact chip supply chain

Gordon Chan, a senior fellow at the Gatestone Institute, analyzes the impact of Biden’s counterproductive foreign policy on US diplomacy. The strongest earthquake to hit Taiwan in at least 25 years is likely to cause temporary disruption. semiconductor supply chain and related technology products will be sold as manufacturers resume normal operations after the earthquake. […]

Taiwan earthquake will disrupt chipmakers that supply Apple, Nvidia: analysts

Analysts say the Asian semiconductor market is on the decline after Taiwan’s strongest earthquake since 1999 caused semiconductor makers from TSMC to UMC to suspend some operations to inspect facilities and reassign employees. He said it is likely to cause some disruption to the entire supply chain. A powerful 7.2 magnitude earthquake struck Taiwan’s east […]

Biden’s Emissions Rule For Trucks Could Crush Small Companies And Jack Up Costs, Truckers And Supply Chain Experts Say

The Biden administration’s latest climate rule for heavy-duty vehicles could seriously harm smaller and independent trucking companies, disrupt supply chains and drive prices up, experts on the trucking industry and supply chain management told the Daily Caller News Foundation. The Environmental Protection Agency (EPA) finalized emissions standards for heavy-duty vehicles on Friday, and the rule could […]

Traders bet on supply squeeze pushing up copper prices – Financial Times

Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Traders are betting on tighter copper markets in the coming months as disappointment over slowing Chinese economic growth outweighs concerns about tight global supplies. The June delivery price for copper, a key barometer of the health of […]

Home Depot to buy building supply distributor SRS for $18.25B

Home Depot announced it will acquire SRS Distribution, which sells supplies to builders, roofers, landscapers and pool contractors, in a massive $18.25 billion deal that includes assumed debt. Home Depot said in an article: press release announced Thursday that it expects the transaction to close during the 2024 fiscal year, which ends at the end […]

Baltimore bridge collapse shutters port indefinitely, impacting supply chain

Supply chain expert Vindiya Vakir gives a ‘bottom line’ look at how the collapse of the Francis Scott Key Bridge could impact transportation and trade. collapse of Francis Scott Key Bridge in Baltimore The Port of Baltimore will be closed indefinitely Tuesday after a container ship sailing through the strait lost power and hit one […]

US military chief visits weapon factories to press the need to supply Ukraine

Gen. CQ Brown, Chairman of the Joint Chiefs of Staff, is visiting a U.S. weapons factory with members of Congress to emphasize the importance of the $95 billion aid package for Ukraine. Prime Minister Brown will be accompanied by MPs representing factory workers, who have raised concerns about sending billions of workers overseas. Republican Sen. […]

Clean tech, AI boom straining U.S. energy supply

The CEO of Marathon Digital talks about the cryptocurrency market and mining practices in an exclusive interview with FOX Business. of Artificial intelligence (AI) A boom, increased clean technology manufacturing, and cryptocurrency mining are straining the U.S. energy supply as energy sources struggle to keep up with rising demand. Rising industrial demand from technology companies […]