A magnitude 7.6 earthquake shook the Alaska Peninsula Monday afternoon. Officials first released a tsunami warning for hundreds of miles of coastline but canceled it several hours later.
Canadian Pacific missed earnings forecasts in the third quarter, experiencing a 30% drop in energy, plastics and chemicals shipments.
Demand for workers at online fulfillment centers is up 475% this holiday season versus 2019, with the hourly wage up $2 per hour.
Trade wars, sanctions and a retreat from international treaties have led companies to reevaluate their supply chains, turning from full-on globalization toward regional agreements that take advantage of diversity and cheaper labor while keeping operations closer to home.
With tight freight capacity nationwide and supply constraints with many plastic resins, clients are advised to provide expanded lead times on orders to help ensure delivery dates.
COVID-19 infections in the U.S. topped 60,000 yesterday, the third straight day of rising infections.
New Jersey’s governor urged citizens to refrain from all non-essential travel outside of the state as COVID-19 cases surge there. Infection rates now exceed the thresholds for its own tri-state advisory list of states whose citizens must quarantine when entering New Jersey.
New York added Arizona and Maryland to its travel advisory list, raising the number of states whose citizens must quarantine when entering New York to 43.
The story of a Kansas City nursing home, where all 62 residents caught COVID-19 within two weeks of the initial positive test, sheds light on how quickly the virus can spread indoors.
Long-term consequences of COVID-19 may last for many months or more, and doctors are not yet sure how to address symptoms that show up after the initial infection.
The U.S. death rate this year is nearly 300,000 higher than historic trends would suggest, with two thirds of the added deaths caused directly by COVID-19.
Generation Z, aged 18 to 24, has suffered the most mental health effects from the pandemic, with 7 out of 10 reporting bouts of depression, according to a survey by the American Psychological Association.
Overdose deaths are on pace to hit an all-time high this year as the pandemic raises financial and emotional stress levels.
Non-COVID-19 hospitalizations, which fell by nearly half in April, remain 20% below normal as contagion fears cause people to avoid healthcare facilities and defer elective surgeries.
With public schools disrupted by the pandemic, school districts are serving half the normal number of subsidized meals, raising concerns about childhood nutrition. The federal Supplemental Nutrition Assistance Program provides meals to about half of public-school students nationally.
Without yet knowing how to pay for them, states were required to submit their COVID-19 vaccine distribution plans to the federal government on Friday. The $200 million in federal funds already distributed for the purpose are inadequate for such an operation, officials say.
A Tuesday deadline for further U.S. economic stimulus has been informally pushed back to the weekend, with the Speaker of the House announcing hope for a deal with the U.S. Treasury Secretary later in the week.
With 51% of people saying they are anxious about going to stores during the holiday season, a Deloitte survey suggests shoppers will visit fewer stores than ever in the remaining months of 2020.
Online sales continue to surge at the expense of bricks and mortar retailing:
Nestlé’s health-sciences unit led the company to better-than-expected quarterly results as consumers become more health conscious during the pandemic. Other consumer brands are reporting a similar shift in buying behavior.
California set rules for large amusement venues such as Disneyland and Universal Studios to reopen, requiring early ticket sales to allow for contract tracing, a 25% occupancy limit and mandatory face masks.
Due to increased competition from a wide variety of new streaming services, Netflix saw a slowdown in subscriber growth in the third quarter.
Ghost kitchens that prepare food for delivery are attracting investors, including Uber’s former CEO whose CloudKitchens venture is buying up closed restaurants and other real estate.
General Motors revealed an electric Hummer under its GMC brand, an attempt to move away from smaller, more mainstream offerings such as the Chevy Volt and Spark.
In Florida on Monday, the head of the U.S. Environmental Protection Agency announced a broad-strokes effort to reduce the 28 billion pounds of trash accumulating in the world’s oceans and waterways each year.
The United Nations said world trade is recovering slowly and will be down 7% to 9% this year.
Public borrowing in the U.K. was at a record high in the first six months of the year, with a drop in tax receipts compounded by high stimulus spending, as the national debt rose to 103% of annual GDP.
After a cut to the nation’s credit rating last week, Moody’s downgraded the ratings of three of the U.K’s largest banks on Tuesday.
Retail sales in Australia fell for the second straight month in September, down 1.5%, following three consecutive months of growth after early lockdowns caused a plunge in spending in April.
Global Healthcare Manager Josh Blackmore will be a featured speaker at the Plastics in Healthcare Virtual Edition, sponsored by Plastics News, October 26-30. The title of his talk: Applying the Lessons from the First Wave of COVID-19 to Successfully Navigate the Second.
Resource Center: M. Holland offers a host of resources to clients, prospects and suppliers. To arrange a videoconference or meeting, contact:
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