A medical staff member checks on Covid-19 coronavirus patients at a hospital’s intensive care unit ward in Bogor on June 18, 2021, as Indonesia’s Covid-19 coronavirus infection rate soars. Aditya Aji | AFP | Getty Images Medical workers in Indonesia are grappling with the pressure of caring for Covid-19 patients while quickly vaccinating the country’s
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Supply chain disruptions and inflated prices are not abating yet, National Association of Manufacturers CEO Jay Timmons told CNBC on Thursday. “We’re seeing rising cost pressures” due to workforce shortages and demand exceeding supply, Timmons said on “Squawk on the Street.” ”What that’s doing is it’s causing bottlenecks in a lot of the supply chain for manufacturers
Healthcare workers in North Memorial’s 2019s South Six and South Seven Intensive Care Units treated patients critically ill with COVID-19 on Monday, Dec. 7, 2020 at North Memorial Health Hospital in Robbinsdale, Minn. Aaron Lavinsky | Star Tribune via Getty Images A study in England looking at persistent Covid-19 symptoms suggests that around 2 million
This summer’s Tokyo Paralympics present an opportunity for businesses to embrace a vastly underrepresented segment of the workforce and aid the global coronavirus recovery, experts said. The decades-old Games, which showcase the sporting talents of leading disabled athletes, have been instrumental in removing taboos around often “shunned or excluded” members of society, International Paralympic Committee
In this article CMG Chipotle restaurant workers fill orders for customers. Getty Images Chipotle Mexican Grill’s margins could take a hit from the predicted decline in avocado shipments next quarter, according to Truist analyst Jake Bartlett. The Hass Avocado Board is forecasting a 5.8% decline in avocado shipments during the third quarter compared with last
In this article POSH ThredUp is an online consignment and thrift store. It has struck partnerships with retailers, including Walmart. ThredUP Secondhand apparel has gained popularity among shoppers and now, some want the government to give it a boost. Nearly half of consumers — 44% — think the government should promote a more sustainable approach
In this article MS A view of the Morgan Stanley offices in Canary Wharf, London, U.K. iStock Editorial | Getty Images Morgan Stanley on Tuesday told its staff that workers and clients who are not vaccinated against Covid-19 will be barred from returning to New York City and Westchester County offices with a large employee
Longtime crypto bull Meltem Demirors reiterated her confidence in the cryptocurrency Tuesday, telling CNBC she believes the correction in bitcoin is simply weeding out the investors with “paper hands.” Paper hands is a term used in the crypto community to characterize people who sell a digital asset such as bitcoin when turbulence strikes markets. It’s
In this article TGT The bullseye logo is seen on the outside of a Target store at Monroe Marketplace. Paul Weaver | SOPA Images | LightRocket | Getty Images Target is known for its exclusive merchandise, with private label brands for everything from arts and craft supplies to apparel. Now, the retailer is pledging to
Asian countries have to tame the current waves of the coronavirus outbreak in order to get their economies ready for future rate hikes by the U.S. Federal Reserve, an economist said Monday. Fed officials last week indicated that interest rate hikes could come as soon as 2023, shifting from earlier comments in March that said
Coronavirus safety posters are displayed in the window of the Sondheim Theatre on June 14, 2021 in London, England. Prime Minister Boris Johnson has confirmed a four-week delay to the final easing of coronavirus restrictions following concern over the virus’s Delta variant and rising infection rates. Rob Pinney | Getty Images The highly contagious delta
United States forward Megan Rapinoe (15) shoots the ball in action during a WNT Summer Series friendly match between the United States and Portugal on June 10, 2021 at BBVA Stadium in Houston, TX. Robin Alam | Icon Sportswire | Getty Images Sports marketers are leaving money on the table by not investing more in
In this article AAL American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC American Airlines said it canceled hundreds of flights this weekend due to staffing shortages, maintenance and other issues, challenges facing the carrier as travel demand surges toward pre-pandemic levels. About 6% of the airline’s schedule, or 180 flights, were canceled on
Procter & Gamble celebrates Pride with branded trikes and employees in the World Pride Parade on June 30, 2019 in New York City. Bryan Bedder | Getty Images More than ever, brands are signaling support for the LGBTQ+ community during Pride month. But experts say that true support has to come from more than a
In this article COST KR WMT AMZN TGT Customers shop in the grocery area at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019. Daniel Acker | Bloomberg | Getty Images Electronics, toys and food? As Target kicks off a rival sales event to go head-to-head with Amazon Prime Day, the
Though the Acropolis has reopened, Greece is currently under lockdown-type restrictions with a nighttime curfew and store and restaurant closures. Matteo Colombo | Moment | Getty Images Major airlines are racing to add new trans-Atlantic service now that tourist-reliant countries like Croatia, Greece, Iceland and Italy have started allowing visitors from the U.S. and other
A 2021 Jeep Grand Cherokee L scales a rocky hill at Stellantis’ Chelsea Proving Grounds in Michigan. Michael Wayland / CNBC CHELSEA, Mich. – Jim Morrison smiles as he hears the piercing noise of rocks scraping the undercarriage of the Jeep he’s driving. “The most important thing for us at Jeep is to prove our
Flexport CEO Ryan Petersen told CNBC on Friday there’s no single fix to resolve the shipping delays that have disrupted the global economy. That’s because one key reason they are happening — consumers buying more physical products during the Covid pandemic as they spent less on services — will not revert right away, Petersen said
In this article ARKK CNBC’s Jim Cramer said Friday that Ark Invest’s stock-moving influence appears to be waning — at least for now. Ark Invest’s family of exchange-traded funds were some of the best performers on Wall Street last year, but have not fared well in 2021 as investors rotated away from high-growth stocks and
New Jersey Governor Phil Murphy (D) speaks at the Coronavirus press briefing in Trenton, New Jersey. Michael Brochstein | Barcroft Media | Getty Images New Jersey met its goal to vaccinate more than 4.7 million people who live, work and study in the state about two weeks before its original target date of June 30,