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U.S. Lowering Airline Flight Cuts Down to 3% Starting Nov. 15
The DOT and FAA announced that airlines would be required to cut 3% of domestic flights at the airports, rather than the current level of 6%.
U.S. Transportation Secretary Sean Duffy. Photo: Tierney L. Cross / Bloomberg
Sanctions Blight Arctic Route to China for Russia’s Oil Shippers
The snarls are evidence of how U.S. measures are complicating Russia’s oil trade, while not stopping it.
Photo: iStock.com/Alexey Bakharev
Trump Tweaks Tariffs, More Concessions May Be Coming
The White House has said some imports “might receive a reciprocal tariff rate of zero percent.”
Photo: iStock / franckreporter
Report: Use of Prison Labor at Hyundai Supplier Plants Drives Down Wages Overall
The Columbia University study found that, when the share of prison labor at a Hyundai Motor supplier rises by 10%, wages for non-incarcerated workers fall by 10-14%.
Photo: iStock.com/sakhorn38
Starbucks Workers Strike in 40 cities, Targeting ‘Red Cup Day’
The strike, involving more than 1,000 baristas at 65 cafes, is pegged to Starbucks’ annual “Red Cup Day” promotion, when the company draws big crowds.
Starbucks Workers United members picket outside a Starbucks in Chicago in 2024. Photographer: Vincent Alban/Bloomberg
Record AI Spending Coincides with Deepening U.S. Job Cuts
Job cuts at U.S. employers rose 175% year-over-year in October, and year-to-date have hit their highest levels since 2003.
Economist Rebecca Patterson speaking at Amazon Business Reshape in Seattle, Washington. Photo: SCB File Photo
DOT: Flight Reductions to Remain at 6%
The reductions were set to rise to 10% by the end of the week, but more air traffic controllers are coming to work because of an end to the U.S. government shutdown.
Jackson, Mississippi. Photo: iStock.com/CRobertson
U.S. Reissues Some Work Visas for South Korean Battery Plant Workers
At least 30 of the detained workers have gone back to the battery plant, and some are preparing a class-action lawsuit against U.S. immigration authorities over their detention.
Photo: iStock / eyewave
Big U.K. Retailer Predicts AI, Automation Will Lead to Huge Job Cuts
Nick Glynne, CEO and founder of Buy It Direct which owns Appliances Direct, said that he expects to get rid of 500 of the company’s current 800 workers.
Warehouse Automation Robot Technology I Stock Imaginima 2189303812
India Approves $5B for Exporters Hit by Harsh U.S. Tariffs
The crippling U.S.-imposed levies have hit labor-intensive sectors such as textiles, leather, footwear, and gems and jewelry the hardest.
Stacked shipping containers at the Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India. Photographer: Dhiraj Singh/Bloomberg
How Agentic AI is Rewiring Procurement
Instead of just analyzing data or suggesting next steps, agentic AI systems are now actually running parts of the sourcing process.
Amazon Business Reshape in Seattle, Washington. Photo: SCB File Photo
Port of Seattle Prevails in Zoning Clash With City
The Port of Seattle criticized the council's initiative as "rushed legislation that will directly harm our city's maritime and industrial operations,"
Photo: iStock / Utima_Gaina
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