Rotting fruit, spoiled vegetables: How Texas just made the supply chain even worse
CNN
A weeklong protest by Texas Governor Greg Abbott has resulted in hundreds of millions of lost dollars and caused delays in shipments of everything from avocados to car parts.
On Friday, Abbott reversed course on an order he put in place last week that required lengthier "enhanced safety inspections" of commercial vehicles entering Texas. The efforts, he said, were to help stop the flow of illegal contraband and human trafficking.
Abbott's move, which Texas Agriculture Commissioner Sid Miller criticized as "political theater," ultimately created a logjam of trucks between the US and its largest goods trading partner. Vegetable producers say their produce is spoiling in idling trucks and they are losing hundreds of millions of dollars.
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The cat’s out of the bag: Jaguar has unveiled a new logo that emphasizes its posh pronunciation as it transitions into a “new era” that emphasizes its all-electric vehicle lineup.
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Protesters opposed to Tesla’s expansion of its plant near Berlin were holding out in trees Tuesday as German police sought to clear their forested camp.
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Walmart’s business is surging. Customers making more than $100,000 a year are fueling the growth.
The president-elect’s plan to deport millions of undocumented immigrations may backfire, driving up the cost of homebuying even further.
In the first quarter of this year, the price of bitcoin broke records in the wake of approval by the Securities and Exchange Commission for the first exchange-traded spot bitcoin funds. The cryptocurrency topped $70,000 in March, according to coinmarketcap.com.
Donald Trump is returning to the White House without many of the guardrails of his first term.