How Houthi attacks in Red Sea threaten global supply chain

How Houthi attacks in Red Sea threaten global supply chain

A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10, 2019. Khaled Desouki | AFP | Getty Images Attacks by Iran-backed Houthi militants on ships in the Red Sea have already rocked global trade. And there … Read more

Good news for late holiday shoppers: Retailers are improving their delivery speeds

Good news for late holiday shoppers: Retailers are improving their delivery speeds

NEW YORK (AP) — Haven’t ordered any of your holiday gifts yet? Well, you might find solace in discovering some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries. Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will … Read more

Travelers want deals — here’s where to find them, says HotelPlanner CEO

Travelers want deals — here’s where to find them, says HotelPlanner CEO

It’s been a stellar year for the travel industry, according to Morning Consult. The market research company, in a new report entitled “2023 Holiday Travel Trends,” summarized the year by stating: “leisure volume soared, airplanes were packed, and hotel bookings were high.” But heading into the year-end peak travel season, consumers are showing increased price … Read more

RBA December interest rates decision: Reserve Bank of Australia makes major interest rates decision

RBA December interest rates decision: Reserve Bank of Australia makes major interest rates decision

The Reserve Bank of Australia has decided to hold interest rates steady this month, giving mortgage holders much needed relief just weeks out from Christmas. The RBA board met on Tuesday and chose to hold the cash rate steady at 4.35 per cent. WATCH THE VIDEO ABOVE: Reserve Bank gifts Australians some Christmas relief with … Read more

warren harris: There is a little bit more caution as we enter into 2024, especially in auto: Warren Harris, Tata Tech

warren harris: There is a little bit more caution as we enter into 2024, especially in auto: Warren Harris, Tata Tech

Warren Harris, CEO & MD, Tata Technologies, says “as far as the move to generative AI is concerned, we are anticipating that there is going to be more opportunity for us to be able to develop applications and capability in the generative design and generative product development space. And we are investing not only ourselves, … Read more

Amazon, Starbucks, Trader Joe’s Unions Say Firms Are Stalling

Amazon, Starbucks, Trader Joe’s Unions Say Firms Are Stalling

Last year, the independent, fledgling union Trader Joe’s United accomplished what had never been done before: It formed the chain’s first unionized store, in Massachusetts, then its second, in Minnesota. Once the celebrations were over, workers got down to the less glamorous business of negotiating a first contract. But Trader Joe’s insisted everyone participate in … Read more