(Bloomberg) — China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it dominates, using the same playbook that allows the US to wield power far beyond its shores. The rules announced last week require overseas companies to obtain Chinese government approval before exporting products containing even trace amounts …
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U.S. supply chain faces another tariff headwind ahead of new port fees
With less than 24 hours ahead of new U.S. government port fees on Chinese-made freight vessels, importers are grappling with additional tariffs that include other Chinese-made machinery key to the supply chain. On Friday, the U.S. Trade Representative announced modifications following a review of public comments on the prior rule, which include an additional 150% tariffs on rubber tire gantry cranes, …
Read More »NASA Lets YouTuber Steve Mould Test His “Weird Chain Theory” In Space
NASA astronaut Don Pettit has helped YouTuber Steve Mould with the final step in his “weird chain theory”: testing the idea in space. In 2013, YouTuber and science communicator Steve Mould brought the “chain fountain”, an unsolved problem in physics, to the attention of the wider public. The effect, sometimes referred to as the “Mould effect” for his work on …
Read More »Another Mexican restaurant chain files Chapter 11 bankruptcy – TheStreet
Another Mexican restaurant chain files Chapter 11 bankruptcy TheStreet Beloved Mexican restaurant declares bankruptcy, closing 24 restaurants PennLive.com Mexican restaurant bankruptcies surge: Is the US dining scene oversaturated with burritos and tacos? Data reveals… Mint Chain Mexican Restaurants in Crisis: Abuelo’s Bankruptcy Exposes Industry Struggles International Business Times UK Why is Abuelo’s closing 24 restaurants? Reason explained primetimer.com Source link
Read More »The world’s chip supply chain is bracing for fallout from China’s rare earth curbs
The Baiyun Ebo mine in China’s Inner Mongolia region is the site of almost half the world’s rare earth production. (Image courtesy of NASA.) Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on …
Read More »Walmart (WMT) Looks to Grandmas to Boost Tariff-Beating U.S. Supply Chain
Retail giant Walmart (WMT) has been flying the flag for American businesses this week hoping to boost sales, make it more tariff-resistant and uncover the latest technologies to give it the edge over its rivals. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you …
Read More »The World’s Chip Supply Chain Is Bracing for Fallout From China’s Rare-Earth Curbs – Bloomberg.com
The World’s Chip Supply Chain Is Bracing for Fallout From China’s Rare-Earth Curbs Bloomberg.com China Tightens Grip on Rare Earths Ahead of Expected Trump-Xi Meeting The Wall Street Journal How China’s new rare earth export controls work Reuters China Clamps Down Even Harder on Rare Earth Exports The New York Times China threatens access to supplies vital to the most important U.S. industries Axios Source …
Read More »Chinese battery shares slide after Beijing imposes export controls over supply chain – Reuters
Chinese battery shares slide after Beijing imposes export controls over supply chain Reuters Rare earths stocks surge after China tightens grip on global supplies CNBC Explainer: How China’s new rare earth export controls work Reuters China Tightens Grip on Rare Earths Ahead of Expected Trump-Xi Meeting The Wall Street Journal China tightens export controls on rare-earth metals: Why this matters Al Jazeera Source link
Read More »Imagining the Wildest College Football Coaching Carousel Chain Reaction
Forty names, games, teams and minutiae making news in college football, where Taron Dickens of Western Carolina redefined what it means for a quarterback to be in a zone, completing 46 consecutive passes and 53 out of 56 in the Catamounts’ victory over Wofford. First Quarter: When Your Top Five Team Turns Into a Dumpster Fire. Other than the Bill …
Read More »US pharmacy chain Rite Aid closes final stores
US pharmacy chain Rite Aid announced that it would close all remaining stores. The company’s website was replaced on Saturday with a message announcing the closure: “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The site included a link to allow customers to request their pharmacy records. Founded in 1962, …
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