Biden criticizes US companies for keeping raised prices high 'even as inflation has come down'

Tech Insider : Economy, Politics, Economy
President Joe Biden speaks about supply chain issues in the Indian Treaty Room on the White House complex in Washington
President Joe Biden opened the first meeting of his new supply chain resilience council by warning companies against price gouging.

Andrew Harnik/AP

Texas businesses feel terrible about the economy

Tech Insider : Economy
Factory
Many Texas manufacturing businesses are feeling gloomy about the economy.

Jonathan Raa/NurPhoto via Getty Images

US Army engineers are dredging the dwindling Mississippi River 24/7 and battling seawater creeping upstream toward New Orleans' drinking water

Tech Insider : Environment
A photo of one of the ships being used in New Orleans to try and stop salt water from getting into the Mississippi.
The New Orleans division of the USACE is working 24/7 to fight the salt water.

USACE

China kicks off its plan to take on the cruise industry: 'There's no turning back'

Tech Insider
Employees from China State Shipbuilding Corporation (CSSC) see off China's first home-grown large cruise ship Adora Magic City.
China's first domestic-built cruise ship, the Adora Magic city, will begin international cruises from Shanghai in early 2024. 

Yin Liqin/China News Service/VCG via Getty Images

Supply chains may be moving out of China and into Asia — but they aren't really decoupling from the country

Tech Insider : Economy
A worker assembles a motorbike at the Northstar Precision Vietnam factory in Vinh Phuc province.
A worker assembles a motorbike in Vietnam.

Nhac Nguyen/AFP/Getty Images

The rise and fall of David's Bridal: The bridal-dress destination is looking for a comeback after its second bankruptcy

Tech Insider
Person walks by exterior of David's Bridal store
David's Bridal filed for bankruptcy in April and was sold in July to Cion Investment Corp.

Spencer Platt/Getty Images

Add the climate crisis to the long list of things messing up supply chains this summer

Tech Insider : Economy, Environment

A ship on the Panama Canal with a bridge in the background.
A ship in the Panama Canal.

Luis Acosta/AFP

Ex-Amazon boss Dave Clark abruptly resigns from Flexport after just one year as co-CEO

Tech Insider
Amazon SVP WW ops Dave Clark
Dave Clark left a top job at Amazon to join Flexport. A year later, he abruptly resigned.

REUTERS/Lindsey Wasson

There's still a Sriracha shortage and third-party vendors are selling the sauce for up to $23 on Amazon

Tech Insider
Sriracha hot chili sauce
Huy Fong Foods's Sriracha chili sauce.

Justin Sullivan/Getty Images

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