The massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machines.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
Tennessee investigating after flooding from Helene swept away 11 factory workers
As the nearby Nolichucky River swelled from rainfall, employees in the Impact Plastics factory kept working. Several asserted that they weren’t allowed to leave in time.
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Posted inBusiness, Nation / World
U.S. could see shortages, higher retail prices if dockworkers strike drags on
Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast.
Posted inBusiness, Maine, News
Impact of national port worker strike unclear in Maine
Eimskip, Portland’s sole shipper, employs 50 members of the longshoremen’s union but is not involved with the national labor agreement being negotiated.
Posted inBusiness, Nation / World
New Jersey offshore wind farm clears big federal hurdle amid environmental concerns
Opponents say the operation would be devastating for marine and coastal habitats.
Posted inBusiness, Nation / World
North Carolina floods threaten mines key to global electronics industry
The facilities in Spruce Pine are a vital node in the supply chain of smartphones and computers.
Posted inBusiness, Nation / World
U.S. job openings rise to 8 million as labor market remains sturdy
But the number of Americans quitting their jobs – a sign of confidence in their job prospects – slid to the lowest level since August 2020.
Posted inBusiness, Nation / World
Dockworkers at ports from Maine to Texas go on strike, risking new shortages
The strike affecting 36 ports is the first by the union since 1977.
Posted inBusiness, Nation / World, News
Fed chair says U.S. economy is in ‘solid shape,’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.
Posted inBusiness, Maine, Nation / World, New England, News
East Coast port strike imminent as longshoremen talks show no progress
In Maine, the port of Portland is unlikely to be impacted by the strike, officials from the port and labor union say. Only one company, Eimskip of Reykjavík, Iceland, operates at the port of Portland and is not a party to the agreement between the union and the alliance.