Mercedes-Benz Group AG (OTCMKTS: DMLRY) raised its outlook for the rest of the year during its earnings release on July 27. The company showed revenues of €36.4 billion (~$36.93 billion), an increase ...
Tag: Shortage
A One-Dose Monkeypox Vaccine Strategy Could Help Extend Scarce Supplies As U.S. Outbreak Grows
Topline Health officials in New York City, San Fransisco, Canada and the U.K. are stretching scarce monkeypox vaccine supplies by focusing on delivering as many first doses to high-risk groups as poss...
Vietnam’s Blockchain Industry Faces Shortage of Talent – Blockchain Bitcoin News
The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockc...
Merlin Labs Raises $105 Million To Solve The Pilot Shortage By Robotizing Airplanes
As air travelers suffer through a summer of flight delays and cancellations fueled in part by a pilot shortage, Merlin Labs is one of a slew of companies working on a long-term solution: taking pilots...
Auto dealerships are facing a shortage of technicians to fix cars. Here’s why
It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are strugglin...
Number Of Open Jobs In U.S. Fell In May — Here’s What It Means For The Labor Shortage
Topline Job openings continued to dwindle for the second straight month, while the number of hires and discharges remained steady, according to new data for the month of May from the Bureau of Labor S...
Here’s how a massive labor shortage and pent-up demand helped create a chaotic summer for airlines
Each holiday weekend this summer has ended in chaos for many travelers facing huge numbers of flight cancellations and delays. July Fourth weekend could likely be more of the same. More flights have a...
Let’s Stop Blaming Workers for the Ongoing Shortage of Workers
Cato Institute co-founder Ed Crane always marvels at the simplistic thought processes of economic reporters and commentators. It truly mystifies him that they still spill so much ink on how to get a c...
General Motors Stock Halted, Edge Higher On Q2 Chip Shortage Hit
Updated at 2:26 pm EST General Motors (GM) – Get General Motors Company Report cautioned Friday that chip shortages and supply chain disruptions lead to production delays that impacted around 1...
The pilot shortage is ‘only going to get worse,’ union president says
Thousands of flights across the country have been canceled over the past week, largely due to the ongoing pilot shortage and severe weather. According to Casey Murray, president of the Southwest Pilot...
These Menstruation Startups Offer Solutions To Tampon Shortage
Toilet paper is free. Why not menstrual products? Shutterstock / Mirror-Images Seven years ago, then-18-year-old Claire Coder found herself at a corporate event when she began her period. She didn’t h...
Five Creative Ways Airlines Are Addressing The Pilot Shortage
Airlines, especially among the U.S. regionals, are facing a pilot shortage this summer. More … [+] training is one solution to get more exploits into cockpits this Sumer. getty Is there a pilot ...
How IndyCar Is Using PeopleReady To Help Address The Labor Shortage
Josef Newgarden celebrates with the PeopleReady Force for Good Challenge worth $1 million at Road … [+] America. INDYCAR Photo by Joe Skibinski What sets the NTT IndyCar Series apart from other ...
Biden Administration Importing 23 Million Bottles Of Baby Formula Into U.S. in Biggest Step Yet To Combat Nationwide Shortage
Topline The White House announced the largest shipments of baby formula to the U.S. to date Wednesday as part of its campaign to combat a nationwide shortage of baby formula, sourcing a total of 23 mi...
If It Weren’t For The Labor Shortage, Store Prices Would Go Higher Faster
It remains very time consuming to raise prices in stores. Getty Images Prices are changed constantly online. It will be a while before that happens in stores. Shoppers may be facing galloping inflatio...
American Airlines regional carriers hike pilot pay as shortage persists
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images ...
Delta Will Ship More Than 3.2 Million Bottles Of Baby Formula To Help Tackle Shortage, Biden Announces
Topline The Biden Administration on Friday announced Delta Air Lines will fly more than 3.2 million 8-ounce bottles of baby formula from London to the United States in two weeks as a part of the admin...
Top LNG exporter Australia faces natural gas shortage — Quartz
Australia is the world’s top exporter of liquified natural gas (LNG). Right now, it is also facing a domestic gas crisis. Prices of power and gas in the land down under have surged amid what the count...
Why the global soil shortage threatens food, medicine and the climate
Soil can be considered black gold, and we’re running out it. The United Nations declared soil finite and predicted catastrophic loss within 60 years. “There are places that have already lo...
Roots Of America’s Labor Shortage
(Photo by JHU Sheridan Libraries/Gado/Getty Images) Getty Images Next to rising costs, the biggest complaint from American business is the shortage of workers. According to surveys conducted regularly...
House grills FDA commissioner, Abbott executive on baby formula shortage
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The head of the Food and Drug Administration and executives from the infant formul...
FTC launches investigation into infant formula shortage
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that ...
Stellantis CEO warns of EV battery shortage, lack of raw materials
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Stellantis CEO Carlos Tavares said he expects shortages of the...
Firms to watch with housing shortage set to benefit homebuilder stocks
Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuation...
Intel CEO says ‘we’re about halfway through’ the chip shortage
Usually-optimistic Intel CEO Pat Gelsinger offered up a sobering view on when the semiconductor shortage roiling everything from auto producers to PC makers may abate. “We are about halfway thro...
Abbott CEO apologizes for baby formula shortage in Washington Post
The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images Abbott Laboratories CEO Robert Ford apologized Saturday in a new op-ed for his company’...
U.S Military Plane Lands With 39 Tons Of Baby Formula Amid National Shortage
Topline A military plane arrived in Indianapolis on Sunday carrying 39 tons of baby formula from Europe, the first of several emergency flights the Biden Administration hopes will ease a national shor...
Hope For The Formula Shortage, McDonald’s Leaves Russia, And Soaring Chicken Prices
Through the early weeks of the pandemic, fake meat sales grew some 200% at retail, and that hype helped drive the sector to secure more than $2 billion in funding. A lot of that came from venture capi...