Inflation has reached levels not seen in 40 years, placing a strain on household budgets as well as small businesses across the country. According to a new poll of more than 500 small businesses, six out of ten company owners in the United States fear that inflation will force them out of business. The survey…
Shutdown of Foxconn’s Factories in China Threatens Apple’s Supply Chain
April 26, 2022
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Taiwan’s Foxconn Technology Group, the world’s largest electronics manufacturer and Apple’s main supplier, has again suspended operations at two of its factories in Kunshan, China, after the Chinese Communist Party (CCP) implemented strict quarantine rules in parts of the country to combat the spread of the Omicron variant of the virus in March. On April 22,…
Passenger Numbers at UK Airports Last Year 78 Percent Below Pre-COVID Levels
Passenger numbers at UK airports last year were 78 percent below pre-pandemic levels, new figures show. Analysis of Civil Aviation Authority (CAA) data by the PA news agency found just 64.4 million passengers arrived or departed on flights at UK airports in 2021. That is compared with 296.9 million in 2019 before the coronavirus pandemic…
Airlines Offering Refunds to Passengers Concerned About Flying With Unmasked Travellers
April 25, 2022
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Airline passengers who are concerned about flying alongside unmasked people will now be offered refunds, among other things, after a federal judge last week struck down the Centers for Disease Control and Prevention’s (CDC’s) mask mandate on public transport. United Airlines CEO Scott Kirby told the “TODAY” show on April 21 that the airline will be flexible with customers…
New Modelling Suggests Australian Coal Exports to China Could Take a Dive
April 24, 2022
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A study by the Australian National University (ANU) of China’s moves toward the decarbonisation of its economy has noted there is a potential for Beijing’s demand for coal imports, including from Australia, to fall substantially by 2025. Energy economist and lead author of the study, Jorrit Gosens, said that the modelling indicates major coal exporters such…
Delta Gives Update About Mask ‘No-Fly’ List After Travel Mandate Lifts
Delta Air Lines will maintain its ban on some individuals who would not comply with a COVID-19 mask rule on Delta flights, although the company also revealed that it plans to restore flight privileges to about 2,000 customers who were barred from flights. “With masks now optional, Delta will restore flight privileges for customers on…
309 Pilots and Flight Attendants Ask Court to Declare TSA Mask Rule Permanently Illegal
April 21, 2022
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A group of 309 pilots and flight attendants asked an appeals court to declare the federal government’s mask rule permanently illegal—after a Florida judge struck down the mandate earlier this week. The group, who work for 16 airlines and are based in 35 states, filed arguments this week urging the court to permanently block the…
Walt Disney World Lifts Mask Requirement
Walt Disney World lifted the last remnants of its longstanding mask mandate on Wednesday, allowing park visitors to attend the Disney World parks in Florida unmasked if they choose for the first time in over two years. On Tuesday, Disney announced the new policy to allow unvaccinated patrons at the company’s famous Florida amusement parks…
Raymond James Says Coupa Beat Oracle and SAP in Software Market Share Gains
April 20, 2022
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Raymond James observed Gartner’s report that saw Coupa Software Inc. gain ~135 points of software market share in procurement, with a growth of 35 percent, more than double the industry average at ~16 percent. While acquisitions aided that market share gain, Raymond saw that none of the most prominent players (mainly Oracle Corp. and SAP SE. with 43 percent…
Moderna Says Trial Results Suggest New Bivalent Booster Vaccine Better at Protecting Against COVID Variants
Pharmaceutical and biotechnology company Moderna has said preliminary results from its study on a COVID-19 vaccine intended to protect against variants of the virus show that it outperformed its currently authorized booster shot, mRNA-1273. The company announced on April 19 that its first bivalent booster vaccine candidate, mRNA-1273.211—which includes mutations found in the Beta variant of concern—demonstrated…
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