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In some positive news for the supply chain amid the global uncertainty surrounding the Ukraine conflict, U.S. supply chains are expecting to get a degree of relief in the form of $450 million in federal investment. This money comes as a result of President Joe Biden’s recent infrastructure package. According to Transportation Secretary Pete Buttigieg,…
GE Pledges to Cut Carbon Emissions by 50% by 2030 GE is among 90 other companies including Ford and Xerox who have pledged to reduce their carbon emissions by 2030 — without the use of offsets. This commitment was announced as part of the U.S. Department of Energy’s new Better Climate Change program. The goal…
As the war in the Ukraine enters into its second week, the global implications for the conflict are beginning to be fully understood. Of the many issues at stake, the global semiconductor supply chain might be one of the most significant. On Monday, the U.S. announced further sanctions on Russia, primarily affecting Russia’s central bank,…
Although many of the sanctions the U.S. placed on Russia following the invasion of Ukraine are designed to minimize the negative effects felt by U.S. consumers, manufacturers are still experiencing strain as a result of them. Nowhere is this truer than in the automotive industry, where many manufacturers have taken measures to align with the…
As the meeting of the Federal Reserve on March 15-16 looms, companies across the economic landscape are eagerly awaiting the specifics regarding measures it will take to curb the historic inflation rates currently being seen in the U.S. In preparation for these actions, many financial entities are making predictions as to what the Fed’s measures…
As the Russia’s invasion of Ukraine continues to intensify, the globe is intensifying the sanctions placed on Russia in response. And manufacturing supply chains are feeling the pressure. As of this writing, the European Commission has prepared a new package of sanctions against Russia and Belarus that will ban three Belarusian banks from the international…