Us Supply Chain Crisis
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"Operation Fly Formula": US' Plan To Bridge The Gap Amid Supply Crisis
The US government will fly in baby formula on commercial planes contracted by the military in an airlift aimed at easing the major shortage plaguing the country, the White House said on Wednesday.
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Ford Reportedly Sells $214 Million Worth of Its Shares in Electric Truck Maker Rivian
Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.
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Oil Falls To $104, On Course For Biggest Weekly Losses In 2 Years
Oil prices dipped in and out of the negative territory on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a supply boost by the US.
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Amazon Calls for US Federal Law to Ban Price Gouging
"Put simply, we want to avoid the $400 (roughly Rs. 30,170) bottle of Purell (sanitiser) for sale right after an emergency goes into effect, while not punishing unavoidable price increases that emergencies can cause, especially as supply chains are disrupted," Amazon vice president Brian Huseman said.
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Coronavirus Scare: Donald Trump Urges Americans Against Hoarding Essential Items
US President Donald Trump has advised his countrymen against hoarding of essential items as reports of grocery stores being swept by panic buying due to the coronavirus crisis emerged, saying supply chains in the country are the most powerful in the world and there is no shortage of daily goods.
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"Operation Fly Formula": US' Plan To Bridge The Gap Amid Supply Crisis
The US government will fly in baby formula on commercial planes contracted by the military in an airlift aimed at easing the major shortage plaguing the country, the White House said on Wednesday.
-
Ford Reportedly Sells $214 Million Worth of Its Shares in Electric Truck Maker Rivian
Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.
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Oil Falls To $104, On Course For Biggest Weekly Losses In 2 Years
Oil prices dipped in and out of the negative territory on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a supply boost by the US.
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Amazon Calls for US Federal Law to Ban Price Gouging
"Put simply, we want to avoid the $400 (roughly Rs. 30,170) bottle of Purell (sanitiser) for sale right after an emergency goes into effect, while not punishing unavoidable price increases that emergencies can cause, especially as supply chains are disrupted," Amazon vice president Brian Huseman said.
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Coronavirus Scare: Donald Trump Urges Americans Against Hoarding Essential Items
US President Donald Trump has advised his countrymen against hoarding of essential items as reports of grocery stores being swept by panic buying due to the coronavirus crisis emerged, saying supply chains in the country are the most powerful in the world and there is no shortage of daily goods.
