M. Holland is exhibiting during the WAI Operations Summit & Wire Expo on June 7-8 in Dallas, Texas. This event focused on wire and cable manufacturing offers industry forecasts, technical presentations, networking and more. Join us at Booth #621 to learn more about our supply solutions for wire and cable.
Many economists fear restricting trade and direct investment to political allies — a concept dubbed “friend-shoring” — could undo decades of gains from globalization, including higher incomes in developing nations and lower prices in the West.
Retailers pared 61,000 jobs in May as they battled bloated inventories and cost inflation.
Target, among the nation’s largest importers, saw its stock tank in pre-market trading after it said it will cancel orders and discount products to adjust bloated inventories, marking its second profit warning in the past month.
Kohl’s is in advanced talks to be sold in a deal that could value the department-store chain at roughly $8 billion.
Air fares may be 30% higher than pre-pandemic levels this summer amid booming travel demand, according to Delta Air Lines.
With soaring air travel, the five airports with the longest TSA and passport control wait times are Miami International Airport, Fort Lauderdale-Hollywood International Airport, San Francisco International Airport, John F. Kennedy International Airport and O’Hare International Airport. Wait times at these airports range from 39 to 46 minutes.
Almost one-quarter of public electric-vehicle chargers in the San Francisco Bay Area were found to be nonfunctioning, a concerning figure ahead of the government’s plan to ramp up spending on U.S. charging networks.
Arizona will receive $76 million in federal dollars to build electric-vehicle charging stations along major interstates.
Taiwan saw a record 53,000 new COVID-19 cases Monday.
Deutsche Bank will open a new tech center in Berlin to house the hundreds of its 1,500 Russian IT employees who accepted its offer to relocate to Germany. The firm employed heightened security out of fear those relocated could include spies or cyberterrorists.