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BUSINESS

A Cranberry Shortage is Brewing With Thanksgiving Around the Corner

A Thanksgiving staple may be in jeopardy this November as American cranberry producers struggle with a seasonal drought that comes on the back of multiple seasons of flooding and other
America is setting up for a Thanksgiving and Christmas cranberry shortage amid record drought

Imports to America’s Largest Maritime Hub Dropped a Staggering 17% Annually in August

Imports to the largest maritime shipping hub in America fell 16.8 percent year over year and almost the same month over month, confirming fears that both the United States and
Imports to the Port of Los Angeles, America's largest maritime shipping hub, dropped 17% in August.
Kuehne Raises Lufthansa Stake to 17.5% as Germany Sells Remaining Shares
UBS To Boost Dividend, Sees Buybacks Above 2022 Target
US Railway Strike Once Again Leaves Economy Hanging in the Balance
U.S. railway worker unions may walk off the job as early as Friday, Sept. 16 amid a multi-year labor dispute.
US Military Industrial Complex Grants Zelensky an Audience, Foreshadowing Escalation of War With Russia
Zelensky will serve as the Keynote Speaker of the U.S. Military Industrial Complex's largest industry conference.
US Freight Railroads Prepare for Potential Strike Disruption
China’s Trade Falters as Demand Wanes at Home and Abroad
Containers and cargo vessels at the Qingdao port
Twitter has onboarded at least a dozen FBI and CIA agents, including Atlantic Council-trained members. Many have been given very high positions in the company.
Twitter Has Onboarded at Least a Dozen FBI and Intelligence Agents Since 2019
Twitter, a soon-to-be jewel in the world’s richest man’s crown, has taken in a minimum of 12 FBI and other U.S. intelligence agents since 2019 — and mostly to very high positions — according to...
The trucking industry bubble is popping, shown by the price of used trucks at auction cratering.
Another Bubble Is Popping: Used Semi Truck Auction Prices Are Cratering
Another symptom of a lesser-noticed bubble popping has surfaced: the prices that used semi trucks are garnering at auction are taking a sharp leg down.  Citing Chris Visser, a Senior Analyst at J.D. Power Valuation...
A $20 million bounty has been issued to whistleblowers of a possible conspiracy to liquidate the Celsius crypto scheme.
$20 Million Bounty Offered to Whistleblowers With Evidence of Celsius Crypto Liquidation Conspiracy
With all eyes on the rapidly collapsing cryptocurrency market, a shocking offer has been made to the public in the form of a $20 million bounty in exchange for evidence that a plan to liquidate...
A factory responsible for 20% of US baby formula production is shuttered after being hit by flooding.
Flooding Shutters Factory Responsible for 20% of US Baby Formula Production
One of the largest factories in the United States for producing baby formula has been shuttered after suffering severe flooding during a recent freak storm. Abbott Laboratories made the announcement on June 15 that it...
Demand destruction is being tasted by retailers that sell junk such as Target and Walmart, data shows.
Consumer Demand for ‘Crap’ Is Dying, Bloating Retailer Inventories: Analysts
Consumers are buying less and less “crap,” leaving leading U.S. retailers such as Walmart and Target — whose business model capitalizes on discretionary spending — with a big problem, found a leading transportation industry analysis...
Biometric facial recognition payments are replacing cash and card at grocery stores, thanks to a Mastercard initiative piloting first in Brazil.
Biometric Payments Are Replacing Cash and Card at Grocery Stores
The move to eliminate cash and card payments in favor of biometric facial recognition is now formally underway, based on a new program rolled out by Mastercard.  On May 17, Mastercard announced its Biometric Checkout...
Novavax's more-traditional protein subunit COVID vaccine is also causing myocarditis, FDA documents reveal.
The Novavax Protein Subunit COVID Vaccine Is Causing Heart Inflammation, Too
A new and more traditional type of Coronavirus Disease 2019 (COVID-19) vaccine that will soon be either approved or rejected by the Food and Drug Administration for an Emergency Use Authorization (EUA) is also causing...
tesla-shanghai-gigafactory-3_china_GettyImages-1311107771.jpg
Tesla’s Shanghai Factory Back to 70 Percent of Pre-Lockdown Levels: Report
Electric auto maker Tesla's Shanghai plant, Gigafactory 3, has brought productivity back to 70 percent of the 2,600 cars it was building per day before China's "zero-COVID" policies halted their operations on April 1. It's...
California Governor Gavin Newsom's all-electric cars by 2035 mandate will put more than half of the state's mechanics out of a job.
Newsom’s Electric Car Mandate Will Put 32,000 Mechanics Out of a Job
California Governor Gavin Newsom’s ambitious plan to transition from combustion engine cars to electric ones by 2035 will put 64,700 people out of work, most notably 32,000 mechanics, state officials figured out. “This is a...