Recent Posts

Get ready for ‘chaos’ in container shipping

The world’s cargo ships just can’t seem to get their act together. First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early February amid a flood of traffic. Combined volumes at the terminals hit a record of 1.9 million containers in May, ...

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Will Senator Manchin be a voting rights hero?

Senator Joe Manchin carries a fateful burden. By quirk of gridlock, he is literally the swing vote between two warring visions for the vote itself. If he gives his decisive 50th vote in the Senate to pass S. 1 — the For the People Act — millions are sure to revolt against perceived tyranny from Democrats expanding the franchise with ...

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UK’s Morrisons shares surge 33% after takeover approach

Bloomberg Wm Morrison Supermarkets Plc surged above the value of Clayton Dubilier & Rice LLC’s 5.5 billion-pound ($7.6 billion) bid, indicating the private equity firm may have to pay significantly more or fend off rival offers for Britain’s fourth-largest grocer. The supermarket operator, which employs close to 110,000 people in Britain, has already rejected the 230 pence-a-share proposal that was ...

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