The electric vehicle transition isn’t all butterflies and rainbows
Electric vehicles are often more expensive than their internal combustion engine counterparts, making them less accessible to the average consumer.
Amazon had a tough year, but its goals are still enormous
Amazon, the “everything store” has become a regular staple in households across the globe.
For company culture’s sake, many employers are asking their remote workers to come back to the office
The Covid-19 pandemic sent the vast majority of office workers home to work from the living rooms and kitchen tables.
The Federal Reserve raised the interest rates by a quarter point this week
What does this mean for you?
Small business burdens may trigger permanent regulatory reform
When small businesses are significantly impacted by burdensome regulations, they may organize and advocate for change.
The White House to celebrate the 30th anniversary of the Family and Medical Leave Act
President Joe Biden and former President Bill Clinton will unite at an event this week to spotlight the famous piece of legislation that guaranteed qualified American workers up to 12 weeks of unpaid time off.
Appliance manufacturer Whirlpool referenced supply chain issues for production hit
Reporting a 5% decline in production volumes in Q4, Whirlpool cited a specific “one-off” supplier disruption that affected production over the quarter.
Supply chain leaders should consider offering “grace” to foster a better work environment
Offering grace is a key leadership quality that can have a significant impact on the success of a supply chain.
The national diesel average is creeping upward
For the second week in a row, the Department of Energy’s Energy Information Administration (EIA) has reported there was an increase in the national average price per gallon of diesel gasoline.
North American automaker giant GM warns EV production hindered until late 2023
General Motors executives are stating that the company will be unable significantly increase its EV production until its US battery cell production plants are finished construction.
Consumer confidence dropped in January
According to The Conference Board Consumer Confidence Index, the drop accounted for two points - standing at 107.1, as opposed to 109.0 in December.
Nevada to become home to $650M GM-sponsored lithium mine
General Motors is investing a whopping $650M into Canada-based Lithium Americas and creating a partnership to develop the Thacker Pass mine in Nevada.
Americans are moving to the South and the West in droves
While California and New York lost hundreds of thousands of residents, Florida, North Carolina, South Carolina, and Texas were mass gainers. Some speculate that the migration is due to lower taxes and also reference the strong job market and “bounce-back” post-pandemic.
Boeing’s 747 jumbo jets have been taken off the line
The plane model will no longer be built as more fuel-efficient planes with only two engines instead of four have become the new standard.
Highways: to expand them or repair them?
The DOT has been issuing rounds of federal grants for highway repair, and some critics have accused the Biden Administration of sidelining projects meant for expanding highly congested areas, such as the 26-mile section of the I-10 between Phoenix and Tucson, Arizona.
You aren’t the only one waiting on your new Levi’s
The retailer has placed the blame on capacity constraints at U.S. distribution centers, citing that the company’s ending inventory had increased 58% year over year.
Better for the environment, maybe… but not better for the pocketbook
At the close of 2022, consulting firm Anderson Economic Group (AEG) concluded that internal combustion fuel-powered vehicles were the cheaper option for consumers - as opposed to electric vehicles.
Apple is trying to break up with China
Heavily reliant on the country, Apple’s business has suffered after several years of strict Covid lockdowns in China.
The packaging industry is struggling with personnel challenges
Why is the packaging industry specifically affected by labor constraints and a high turnover rate?
EV boasts many benefits, but there are negatives for consumers to consider
The jeopardy to the consumer choosing an electric car over a gas-powered car includes the limited range of electric vehicles, higher upfront costs, and a lack of charging infrastructure in some areas.
