This week, both houses of the U.S. Congress approved the $280 billion bill aimed at boosting the semiconductor industry. But opponents object to the $52.7 billion subsidy for semiconductor firms such as Intel to expand their manufacturing facilities when their profits are high and the market is strong.
Los Angeles International Airport (LAX) recently reported over 400 COVID-19 cases among American and Southwest Airlines employees as well as Transportation Security Administration (TSA) officers. Yet, no one seems concerned, since no services were disrupted at either the security checkpoints or with the airlines. Is this a reasonable and appropriate response?
In reviewing the epidemic of delayed and cancelled flights, luggage not showing up for arriving passengers, and huge crowds overwhelming staff at major European airports, I’m reminded of the fable of the blind men and the elephant. Each felt a different part of the pachyderm and concluded it was something different (a rope, a tree trunk, etc.).
(CNN Business)For close to two decades, Apple and China have been inextricably linked. The world's most populous country not only accounts for the bulk of Apple's device manufacturing but also a significant portion of its sales.
In 1917, Marcel Duchamp submitted a sculpture to the Society of Independent Artists under a false name. Fountain was a urinal, bought from a toilet supplier, with the signature R. Mutt on its side in black paint. Duchamp wanted to see if the society would abide by its promise to accept submissions without censorship or favor. (It did not.) But Duchamp was also looking to broaden the notion of what art is, saying a ready-made object in the right context would qualify. In 1962, Andy Warhol would twist convention with Campbell’s Soup Cans, 32 paintings of soup cans, each one a different flavor. Then, as before, the debate raged about if something mechanically produced – a urinal, or a soup can (albeit hand-painted by Warhol) – counted as art, and what that meant.
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The test for any breakthrough technology is often where you least expect it, but once it “conquers” that application, even more possibilities may emerge.
Inside Universities Love-Hate Relationship with ChatGPT
New findings from a team of renowned researchers calls for transparency and rigorous oversight of the U.S. Medicare Advantage (MA) program, the United States' largest healthcare capitation program.
Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
The supply chain for many small parcel shipping companies is typically long. Products are often made in distant lands, travel on oceans and waterways, arrive at ports, are then transported to warehouses, from where a third-party logistics provider delivers the product to its intended destination. In a stable world, shippers and customers alike can expect a product to be delivered within the promised time window. However, in a world facing high levels of uncertainty caused by war, pandemic, political instability, raw material shortages, freak accidents (recall the regional and national impact of the bridge collapse in the Port of Baltimore caused by a container ship), and weather, the shipper must work overtime to ensure customer expectations are met at no additional cost, despite these uncertainties.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.