After U.S. Bailout, the Trucking Firm Yellow Is Shutting Down
Posted inBankruptcies Biden, Joseph R Jr Credit and Debt International Brotherhood of Teamsters Layoffs and Job Reductions Organized Labor Shutdowns (Institutional) Stimulus (Economic) Supply Chain Trucks and Trucking Trump, Donald J United States Politics and Government

After U.S. Bailout, the Trucking Firm Yellow Is Shutting Down

Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.
Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor
Posted inBatteries China Contemporary Amperex Technology Ltd Electric and Hybrid Vehicles Forced Labor Ford Motor Co Gallagher, Mike (1984- ) House Committee on Ways and Means Michigan Smith, Jason Thomas (1980- ) Supply Chain

Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor

Republicans are raising fresh concerns about CATL, the battery maker Ford is working with to bring new technology to the U.S., and its connections to Xinjiang.
‘An Act of War’: Inside America’s Silicon Blockade Against China
Posted inChina Computer Chips Computers and the Internet Factories and Manufacturing Huawei Technologies Co Ltd Innovation International Trade and World Market Japan Netherlands Supply Chain Taiwan Taiwan Semiconductor Manufacturing Company Ltd United States

‘An Act of War’: Inside America’s Silicon Blockade Against China

The Biden administration thinks it can slow China’s economic growth by cutting it off from advanced computer chips. Could the plan backfire?