Author: usaeverydaylife

Aerial view of the import and export container terminal of Longtan Port on December 26, 2024 in Nanjing, Jiangsu Province of China. Major ports on the Yangtze, China’s longest river, are expected to post a total throughput of 4.02 billion tonnes of cargo this year, breaking the mark of 4 billion tonnes for the first time, according to navigation authorities. China News Service | China News Service | Getty ImagesOne major threat to the U.S. supply chain has been lifted, with a tentative deal to keep port workers from striking across the East and Gulf Coasts reached last week, but shippers…

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Loud explosions were heard over the Ukrainian capital, Kyiv, early Saturday, as the authorities warned of incoming ballistic missiles.An air-raid alert had just ended when booms were heard throughout the city at 5:50 a.m. local time. Seconds later, air-raid sirens began to wail.The country’s air-defense systems were working, the city’s mayor, Vitali Klitschko, wrote on Telegram, warning of the missile threat and urging residents to stay in shelters.Shortly after, he said that emergency services were responding to the scene of a fire. The city’s regional military administration said that four people had been killed.Both sides in the nearly three-year war,…

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Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024.Michael M. Santiago | Getty ImagesThe Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition.Walmart is the unnamed retailer, people familiar with the matter told CNBC.The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different prices for the same “commodity” or selectively providing allowances, like compensation for advertising. The agency argues…

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The World Economic Forum’s annual meeting, commonly referred to as Davos, welcomes more than 3,000 global leaders from business, politics and civil society every January in the namesake Swiss city. They gather to address pressing issues such as climate change and economic and geopolitical challenges. Davos, which begins Monday and runs through Friday, was started in 1971 by the German economist Klaus Schwab, who initially named it the European Management Symposium.Severin Podolak, the head of event management and operations for the World Economic Forum since 2021, helps design the event, manage it and ensure its overall success. Before taking on…

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The Israeli authorities are making preparations to welcome home dozens of hostages held incommunicado by Hamas for over a year in Gaza, without knowing whether they will return starved, traumatized or dead.Thirty-three hostages are supposed to be freed in the first phase of the Gaza cease-fire agreement between Israel and Hamas, in the first such major release since a weeklong cease-fire seven weeks into the war. Some families have caught glimpses of their loved ones in Hamas-directed hostage videos. But it is far from clear in what condition the captives will return.At Israeli hospitals, health officials have been preparing isolated…

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