U.S. - South Korea alliance bolstered by Biden Samsung visit
subscribe to the daily
-
subscribe to the daily -
Good morning & happy Saturday. 😎
President Joe Biden stepped out onto South Korean soil to visit the Samsung manufacturing plant at the beginning of his five-day trip to Asia this week. The visit is meant to signify the growing strength between the two countries and to take a stance regarding the global semiconductor shortage.
Check out today’s featured article from USA Today for the latest on Biden’s trip and what the bond between the United States and South Korea could mean for the future of supply chain and tech. ☕️
Lane Airplane GIF via GIPHY
Featured Article:
Biden visits Samsung plant in South Korea to reinforce Asia alliance (usatoday.com)
“President Joe Biden began his five-day Asia trip with a visit to a Samsung semiconductor plant Friday, a stop meant to demonstrate the growing cooperation between the U.S. and South Korea on technology and other issues.”
Water Cooler Topics
👾 Tulsa, Oklahoma’s city fleet faced a ransomware attack and defeated it. The ransomware ravished the entire Tulsa network in early May 2021 and IT professionals had to rebuild it from square one. The city warns others to be prepared and that you shouldn’t underestimate the setback if it happens to your company.
⛽️ The continuous climb in fuel prices is aggravating businesses and consumers alike. with California’s state average eclipsing $6 this past week and the national average likely climbing to $5 shortly, an already tight energy market is still heating up. Energy costs are one of the largest factors of the wild inflation wreaking havoc across the nation.
🍉 Target & Walmart reported earnings this week and cited inflation as the primary reason for rapidly increasing costs. Walmart mentioned an overstaffing issue in the same wavelength as Amazon previously reported as well, Target referenced a $1 billion transport bill with supply chain delays. Both large retailers are likely to transfer some of the bulk of the costs to consumers.
ESG Index snubs Tesla Inc. in an eyebrow-raising move
Photo by Bram Van Oost on Unsplash
Investors are showing a little bit of confusion after the industry benchmark index, ESG - environmental, social, and governance - removed them from the list.
The ESG Index strategy, typically known to favor industries professedly attentive to sustainability concerns, claims they decided to remove the electric vehicle manufacturer from the S&P 500 ESG Index over “safety and labor concerns” at the company.
Labor officials say that Amazon posed threats to employees over possible unionization
Photo by Tatiana Rodriguez on Unsplash
Prosecutors representing the U.S. labor board are accusing Amazon.com Inc. of intimidating staff and making threats over possible unionization.
The labor board claims that the company told staff that if they were to unionize, the company might cut pay and refuse to pay Juneteenth holiday wages. The Amazon Labor Union’s labor board, formed after a vote in New York’s Staten Island last month, is reviewing this and several similar allegations against Amazon.
Quote of the Day:
“If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.”
— Mark Zuckerberg, founder of Facebook
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.