Francis Scott Key Bridge was knocked over by Singaporean container ship crashing into a support column. Port is ninth-biggest for foreign goods with 52.3 million tons last year worth about $80.8 billion - a record. Experts predict months of congestion and potentially higher consumer prices from rerouted shipping
Arsenal will face Bayern Munich in the quarter-finals of the Champions League. The Gunners will host the German side at the Emirates in the first leg of their tie. The damage has already been done. Not even beating Liverpool can save Ten Hag -
Reddit sizzled in its market debut, while Apple slumped after the tech giant was slapped with an antitrust lawsuit.
US stocks moved higher on Tuesday as markets looked to continue a
In 2021, when a massive container ship became wedged in the Suez Canal, you could almost hear the collective sigh of frustration around the globe. It was a here-we-go-again moment in a year full of supply chain hiccups. Every minute the ship remained stuck represented about $6.7 million in paralyzed global trade. The 12 months…
Hinrichs Zanegler, Tesla Semi advocate, predicts Tesla will produce and deliver between 500 and 1,000 semi’s before the high-volume line begins ramping up. He has investigated the supply chain of the Tesla Semi. Tesla is mostly getting supplier parts for the Tesla Semi. Tesla makes the battery packs, plaid motors, invertors and some other mainly
Shares of Li Auto (NASDAQ: LI) are down 12.3% as of 3:45 p.m. ET Monday after a noted Wall Street analyst firm downgraded the Chinese electric vehicle (EV) maker. Why Bank of America downgraded Li Auto today In a note to clients earlier today, Bank of America securities lowered its per-share price on Li Auto
Spain starts small with Telefónica stakebuilding Vodafone Germany cuts 2,000 jobsGenAI to fuel chip supply chain expansion in 2024
Li Auto (NASDAQ:LI) stock has tanked since the beginning of March. But that doesn’t mean this stock is necessarily down and out. In fact, Li Auto proved itself to be one of the big winners in the new energy vehicle (NEV) market in 2023, and unless we see a significant deviation from this trajectory, the stock continues to look undervalued with a forward price-to-earnings ratio around 16x and a price-to-earnings-to-growth (PEG) ratio of 0.8. Q1 Disappointment Li Auto issued a concerning note on...
Critics say the draft law - also targeting environmental abuse - is too weak to be really effective.
Kazatomprom is "fully capable" of maintaining its position as a reliable supplier of natural uranium, with an action plan that enables it to react to evolving geopolitical events, the company said in its yearly financial results statement.
Downing of Francis Scott Key Bridge disrupts shipping of cars and parts and risks loss of Baltimore’s cargo trade to other portsThe US transportation secretary, Pete Buttigieg, has warned of “major and protracted impact to supply chains” following the closure of the Port of Baltimore for the forseeable future after Tuesday’s catastrophic bridge collapse, though some experts said the impact was likely to be targeted to particular regions and industries.Spanning more than 2km and with four lanes...