In 2001, the Bush administration was focused on China and tensions had spiked. The 9/11 attacks were a “geopolitical gift to China,“ says one expert.
Category Archives: business
Hollywood workers reach tentative deal, avoid industry's biggest walkout since WWII
IATSE had called for higher pay, larger contributions to health and pension plans, meal breaks and improved rest periods.
School cafeterias forced to scramble amid supply chain woes
The supply chain shortages hitting the entire country are leaving school cafeterias short of items from utensils to syrup packets.
Higher home heating costs could burn a hole in your wallet this winter
“Are we going to be able to pay this and afford this? How high is it going to go?” one homeowner said.
Former Boeing chief technical pilot charged with fraud over Max jet
Mark Forkner allegedly withheld information about changes to the flight-control system. Two of the jets later crashed, killing more than 340.
Stores offering Black Friday deals now to encourage early holiday shopping
With growing concerns over supply chain problems, retailers like Best Buy, Amazon, Target and Sam’s Club are offering Black Friday bargains now to encourage customers to start holiday shopping early.
Thousands of John Deere workers go on strike
More than 10,000 union members at John Deere kicked off the nation’s largest private-sector strike in two years. Employees at 14 plants across five states rejected a deal that included 5 to 6 percent wage hikes. The workers argue they deserve more since the company reported record profits this year. A John Deere spokesperson says the company will work to “understand our employees’ priorities and resolve this strike.”
As 'striketober' momentum builds, what's behind the recent spate of worker strikes?
“A lot of these workers have been on the front line of a global pandemic for the past 19 months and were touted as heroes, which has given them lots of leverage,” said one labor expert.
Biden admin to invest $100 million to address health care worker shortage
The Biden administration plans to direct $100 million to the National Health Service Corps to address the ongoing health care labor shortage.
Weekly initial jobless claims fall below 300,000 for first time since pandemic began
“A big drop in unemployment claims is the strongest evidence yet that the Covid-19 delta wave has lost its influence on layoffs,” said one economist.