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News Articles: Business

President Biden holds a semiconductor during remarks before signing an executive order on the economy at the White House on Feb. 24. On Monday, senior members of his team will meet with leaders across various industries to discuss a shortage of semiconductors.

Tagged as: 

  • Politics

White House Convenes Summit To Address Supply Shortage Crippling Auto Plants

A lack of computer parts known as semiconductors threatens many industries, hitting auto makers especially hard. The White House will bring together executives from 19 companies to confront the issue.

April 12, 2021
|
By:
  • Scott Detrow and
  • Franco Ordoñez
African Methodist Episcopal Church Bishop Reginald Jackson announces a boycott of Coca-Cola products outside the Georgia State Capitol in Atlanta on March 25 because he said Coca-Cola and other large Georgia companies hadn't done enough to oppose restrictive voting bills. Coca-Cola spoke out against a voting bill after it was signed into law.

Tagged as: 

  • Politics

MLB's Move Out Of Georgia Is The Latest In A Line Of Political Boycotts

Today's boycotts aren't coming out of nowhere. Here's a look at some prominent examples in history and how boycotts got started.

April 12, 2021
|
By:
  • Domenico Montanaro
A driver uses a fast-charging station for electric vehicles at John F. Kennedy airport on April 2. As part of President Biden's $2 trillion infrastructure plan, $174 billion would go to supporting the production of electric vehicles in the U.S.

Tagged as: 

  • Business

South Korean Electric Vehicle Battery Makers Reach $1.8B Deal To End Trade Dispute

The deal means both companies will be able to produce lithium-ion batteries for electric vehicles at a time when President Biden hopes to boost support for the industry as part of his climate plan.

April 11, 2021
|
By:
  • Wynne Davis
As the first Black woman to ever serve as chief economist at the Labor Department, Janelle Jones is one of the Biden administration officials facing the task of addressing historic economic disparities that have only intensified during the pandemic.

Tagged as: 

  • Politics

This Top Biden Economist Has A Plan: Create Jobs, Address Inequality, Ignore Trolls

Janelle Jones is the first Black woman to serve as chief economist at the Labor Department. She says helping marginalized groups boosts the entire economy.

April 11, 2021
|
By:
  • Ayesha Rascoe
GPB News NPR

Tagged as: 

  • Business

Legal Questions Surround 'Vaccine Passports'

More businesses are requiring proof of COVID-19 vaccines. NPR's Michel Martin discusses legal implications with Robert Field, professor of law and public health at Drexel University.

April 10, 2021
|
By:
  • GPB Newsroom
Visitors leave the Wonder Wheel ride after the re-opening of Coney Island's amusement parks on Friday.

Tagged as: 

  • National

In Coney Island, The Wonder Wheel Spins Again

After a year of being shut down due to the pandemic, Coney Island's amusement parks have reopened — at a third of their normal capacity. But business owners are glad to see the parks come alive again.

April 10, 2021
|
By:
  • Camille Petersen
GPB News NPR

Tagged as: 

  • Asia

China Fines Alibaba $2.8 Billion For Breaking Anti-Monopoly Law

The tech giant received a historically large fine Saturday from the Chinese government. Alibaba says it will comply with the fine and "ensure its compliance with determination."

April 10, 2021
|
By:
  • Elena Moore
The leaked data includes personal information from 533 million Facebook users in106 countries.

Tagged as: 

  • Technology

After Data Breach Exposes 530 Million, Facebook Says It Will Not Notify Users

Facebook said that "malicious actors" scraped the data through a vulnerability that it fixed in 2019. But the publicly available data still leaves millions of users vulnerable, security experts say.

April 10, 2021
|
By:
  • Emma Bowman
Heinz, the country's largest ketchup supplier, promised to up ketchup production by 25% to make up for the shortage.

Tagged as: 

  • Business

Heinz Promises To Catch Up To Americans' Demand Amid Ketchup Packet Shortage

The pandemic is causing another new, yet uniquely American, shortage — ketchup. Heinz says it has to up its production by 25% to meet the demand for the popular condiment.

April 10, 2021
|
By:
  • Elena Burnett
Live music venues such as The Teragram Ballroom in Los Angeles were among the first businesses to close during the pandemic. The Shuttered Venue Operators Grant was supposed to be a lifeline for owners.

Tagged as: 

  • Arts & Life

Help Was On The Way For Shuttered Venues. Then The Website Crashed

The Small Business Administration launched an application portal for its $16 billion relief program for shuttered venues yesterday, but technical problems prompted deactivation for repair.

April 10, 2021
|
By:
  • Andrew Limbong
Doses of the Johnson & Johnson COVID-19 vaccine will drop by 86% next week after one of the company's manufacturers  released a stockpile and those have been distributed.

Tagged as: 

  • Health

Why There Will Be Fewer Johnson & Johnson COVID-19 Vaccines Next Week

A dip of 86% in doses to be distributed to states follows a surge that occurred after one of J&J's third party manufacturers was finally able to release a stockpile.

April 10, 2021
|
By:
  • Sydney Lupkin
Workers at Amazon's facility in Bessemer, Ala., held a historic vote on whether to form the company's first warehouse union.

Tagged as: 

  • Business

It's A No: Amazon Warehouse Workers Vote Against Unionizing In Historic Election

Amazon avoided the prospect of a first unionized warehouse in America, where it's now the second-largest private employer. The vote in Alabama had prompted new interest in unions across the country.

April 09, 2021
|
By:
  • Alina Selyukh
Boeing said Friday that some of its 737 Max planes may have an electrical problem, leading airlines to ground dozens of the jets. An American Airlines flight on a Boeing 737 Max is seen here in December in Miami.

Tagged as: 

  • Business

Boeing Warns Of Possible Electrical Issue, And Airlines Ground Some 737 Max Planes

The airplane manufacturer says the issue is not related to the software system that has been blamed in the fatal crashes that killed 346 people.

April 09, 2021
|
By:
  • David Schaper and
  • Laurel Wamsley
Kristy Miller gets away from her home office in Charlotte, N.C., with her dogs, Oreo and Dabo.

Tagged as: 

  • Business

'Can You Hear Me?' The Annoyances That Lead To Zoom Burnout

So many people who are working from home are feeling burnt out these days. Shaking things up and finding moments of joy could help us put energy back into our work.

April 09, 2021
|
By:
  • Claire Miller
President Biden, whose infrastructure plan includes $174 billion to boost electric vehicle sales and production, has been pulled into a global trade dispute over the fate of lithium ion battery factories in Georgia that threatens his EV goals.

Tagged as: 

  • Politics

Betting Big On Electric Vehicles, Biden Faces Fraught Decision On Ga. Battery Plant

A global trade dispute threatens green energy jobs in the politically crucial state of Georgia. The president's decision on how it's resolved could affect a key piece of his infrastructure agenda.

April 09, 2021
|
By:
  • Johnny Kauffman
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