Revlon Files for Bankruptcy Protection
CNBC Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to [Read More]
supply chain
Expect Empty Shelves in the Fresh Produce Section
Reuters High demand for groceries combined with soaring freight costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to [Read More]
Biden Tells Nation To Rely On Santa, Remembers Christmases Of Shortages Past
Daily Mail (uk) President Joe Biden pushed Wednesday that the supply chain issues will be worked out so that Americans can mostly enjoy the holiday season. ‘Now I can’t promise that every person will [Read More]
I’m Dreaming Of A Slight Christmas
Reuters President Joe Biden is pushing to ease supply shortages and tame rising prices in time for Christmas, but unsnarling U.S. supply lines could take far longer, experts told Reuters. [Read More]
“Containergeddon” Have Major Retailers Leasing Their Own Container Ships
Reuters More than 60 container ships carrying clothing, furniture and electronics worth billions of dollars are stuck outside Los Angeles and Long Beach terminals, waiting to unload, according to the [Read More]
President’s Initiative To “Decouple” From China Is Working
The Conservative Treehouse offers an interesting perspective on trade negotiations with China. Sundance believes the president has already achieved his primary objective, even with trade deal with the Chinese. All the wheeling dealing appears [Read More]